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Obama Cracking Down On Tax Havens

May. 4, 2009
WASHINGTON — President Barack Obama promised sternly on Monday to crack down on companies "that ship jobs overseas" and duck U.S. taxes with offshore havens. It won't be easy. Democrats have been fighting _ and losing _ this battle since John F. Kennedy made a similar proposal...
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Obama seeks to close tax loopholes, havens

Obama seeks to close tax loopholes, havens

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.

European Union to close tax havens

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.

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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.

Tax bill's job creativity diminishes

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Kerry proposes corporate tax cuts, hikes

WASHINGTON, March 26 (UPI) -- Democratic presidential challenger John Kerry is calling for corporate tax code changes to stem the outsourcing of U.S. jobs.

U.S. corporate tax slump

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Senate bill seen as corporate windfall

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Lori Anne Madison, 6, competes in Scripps National Spelling Bee
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Lori Anne Madison, 6, of Woodbridge, Virginia, spells out the letters in her word as she competes during the opening round of the Scripps National Spelling Bee, May 30, 2012, in National Harbor, Maryland. Madison, the youngest known qualifier in the history of the contest, correctly spelled the word "dirigible*", a lighter-than-air aircraft, to advance. UPI/Mike Theiler