Trend Results : Closing Tax Loopholes


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Breakingviews: Private Equity Chiefs Are Better Tax Targets Than Start-Up Workers

The Senate’s overhaul would tax stock options when they are vested — a burden on start-up employees. Closing the carried-interest loophole instead makes more sense.

GOP Keeps Trump's Golf Course Tax Loophole

Republican lawmakers pushing to close dozens of tax loopholes have left open one that's been good to President Donald Trump: the golf break. With Senate Republicans expected to unveil the outline for a sweeping tax rewrite on Thursday,...Show More Summary

The People Who Will Pick Up the Tab for Lower Corporate Taxes

Republicans want to simplify the tax code by closing loopholes for working Americans, but not for big corporations.

Republicans Propose Last-Minute Changes to Tax Bill

2 weeks agoNews : NYTimes: News

The changes, which came as lawmakers in the House began officially debating the bill, would tighten rules on the earned-income tax credit and seek to close the carried-interest loophole.

How the GOP Tax Bill Would Close an Absurd Loophole

It seems that after decades of neglect, the state of the U.S. reinsurance market is finally getting the attention it richly deserves.

GOP Rep. Buddy Carter Can't Name One Corporate Loophole Closed In New Tax Plan

In case you didn't notice, the Republican tax plan is tax cuts for billionaires hidden behind a curtain that says "middle class" and "cut loopholes" on it. And because taxes are complicated all a Republican congressman feels he has to...Show More Summary

EU tells Luxembourg to get $295 million in taxes from Amazon

EU nations are actively looking to close tax loopholes for U.S. internet multinationals.        

Kellyanne Conway just closed a million dollar deal that allows her to avoid paying taxes

2 months agoNews : The Raw Story

Kellyanne Conway just sold her polling company and got to keep all the funds, thanks to a conflicts of interest loophole that let her avoid costly taxes because she belongs to the executive branch. Before Conway became the first woman to run a successful presidential campaign and slid into her...

Time to Close the Foreign Investors Tax Loophole

No longer should the U.S. tax code discourage manufacturing investment. No longer should it punish savings and wealth creation. No longer should it encourage tax-cheating. No longer should it favor foreigners over Americans.

Showdown over Trudeau’s tax reforms could dominate fall sitting

The Liberal government is bracing for a battle in the House of Commons over its decision to close tax loopholes affecting small business The post Showdown over Trudeau’s tax reforms could dominate fall sitting appeared first on Macleans.ca.

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, BAC)

Here is what you need to know. Trump is getting ready to unveil his tax plan. President Donald Trump is expected to say that the US economy is "rigged" to favor the wealthy and that Congress should close loopholes to help Main Street. S&P says the US will maintain its AA+ rating as long as it doesn't default. Show More Summary

Actually, We Can Have a Pretty Airtight Mechanism for Taxing Corporate Profits

The NYT had a piece on efforts to reduce loopholes to ensure the government actually collects in taxes something close to the targeted rate. The piece likely left readers with the belief that it was not possible to establish such a system. Actually, it is not hard. Show More Summary

What do doctors really have to fear from the feds’ tax crackdown?

Opinion: Doctors are howling over Bill Morneau's proposed closing of tax loopholes—but few of them would actually be significantly affected The post What do doctors really have to fear from the feds’ tax crackdown? appeared first on Macleans.ca.

Ryan says US tax reform consensus nears, does not mention border tax

4 months agoLifestyle / Fashion : AOL: Style

WASHINGTON, July 20 (Reuters) - U.S. House Speaker Paul Ryan said on Thursday that tax reform talks are nearing a consensus to lower business taxes by closing loopholes and special interest deductions, the latest sign that the unpopular proposed border tax may not be included. Read more... Permalink | Email this | Linking Blogs | Comments

What Does the New Colorado “Amazon” Tax Mean for You?

The new tax law closes the loophole by forcing retailers that don't collect sales tax to report the amount that Colorado customers spend The post What Does the New Colorado “Amazon” Tax Mean for You? appeared first on IRS & State Tax News, Tips, Opinions and More.

76 Countries, But Not The U.S., Sign OECD BEPS Convention To Curb International Tax Avoidance

OECD, Ground-Breaking Multilateral BEPS Convention Signed at OECD Will Close Loopholes in Thousands of Tax Treaties Worldwide: Ministers and high-level officials from 76 countries and jurisdictions have signed today or formally expressed their intention to sign an innovative multilateral convention that will swiftly implement a series of tax treaty measures...

Stockman: Trump's Tax Plan Never Had a Chance

"The gross cost is $7.5 trillion and that perhaps the government could earn back $2 trillion through loophole closing and base broadening. My argument is, after ruling out charitable contributions, home mortgages and a Congress that says they won't touch a health care exclusion... Show More Summary

Are Tax Cuts The Economic Growth 'Cure-All'?

Authored by Lance Roberts via RealInvestmentAdvice.com, Last week President Trump announced his “tax plan” which discussed lowering the corporate tax rate, closing tax loopholes, reducing individual income tax brackets and increasing standard deductions. Show More Summary

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