WASHINGTON, May 4 (UPI) -- Closing business tax loopholes and cracking down on the use of tax havens are two international tax code changes U.S. President Barack Obama sought Monday.
BRUSSELS, May 16 (UPI) -- Finance ministers from the European Union have agreed to rewrite rules on savings tax in an effort to curtail tax havens, EU's tax commissioner said Friday.
WASHINGTON, Jan. 12 (UPI) -- The U.S. Commerce Department Wednesday said big retailers' after-tax profits in the third quarter of 2004 fell to an average 2.8 percent of sales.
WASHINGTON, Oct. 13 (UPI) -- The possibility a tax break expected to be signed soon by President Bush will lead to lots of new jobs for U.S. workers appears to be vastly overstated.
WASHINGTON, March 26 (UPI) -- Democratic presidential challenger John Kerry is calling for corporate tax code changes to stem the outsourcing of U.S. jobs.
WASHINGTON, Feb. 2 (UPI) -- U.S. corporate tax receipts are set to slump by $8 billion this year as companies shift profit centers overseas, a new report claims.
WASINGTON, D.C., Oct. 2 (UPI) -- A Senate committee has approved a bill that reportedly could mean a huge windfall for U.S. corporations that deferred years of taxes on overseas profits.