Patrick Temple-West

Supreme Court agrees to hear arguments in Maryland tax dispute

May 23, 2019 at 9:38 p.m.

By Patrick Temple-West WASHINGTON (Reuters) - The Supreme Court on Tuesday agreed to hear oral arguments in a Maryland income-tax dispute that could have broad consequences for state and local...

Fear of Pfizer-AstraZeneca job cuts voiced by U.S. lawmakers

August 25, 2021 at 4:52 a.m.

WASHINGTON (Reuters) - Members of the U.S. Congress from Maryland and Massachusetts expressed concern on Saturday that thousands of jobs in their districts could be at risk if U.S. drugmaker...

Senators eye bill to halt corporate tax ‘inversion’

August 25, 2021 at 4:46 a.m.

WASHINGTON (Reuters) - Democratic senators on Thursday said they are considering legislation to prevent corporate inversions, an increasingly-popular transaction that involves U.S. companies reincorporating overseas to avoid U.S. taxes. Senator...

Senators eye bill to halt corporate tax ‘inversion’

May 23, 2019 at 9:37 p.m.

U.S. Senate Republican Paul to prevent votes on tax treaties

August 25, 2021 at 4:43 a.m.

WASHINGTON (Reuters) - Republican Senator Rand Paul on Wednesday said he will prevent Senate votes on five international tax treaties, including one with Switzerland, arguing that they would intrude on...

U.S. Senate Republican Paul to prevent votes on tax treaties

May 23, 2019 at 9:36 p.m.

U.S. House to vote on R&D tax break, IRS contempt measure

August 25, 2021 at 4:34 a.m.

WASHINGTON (Reuters) - The research and development tax credit, one of the most ubiquitous U.S. corporate tax breaks, could become permanent for the first time, under a bill expected to...

No U.S. IRS audits for most big financial partnerships: report

August 25, 2021 at 4:05 a.m.

WASHINGTON (Reuters) - Fewer than 1 percent of partnerships with more than $100 million in assets, including hedge funds and private equity firms, are audited by the U.S. Internal Revenue...

Higher 2013 U.S. taxes surprise some investors, tax preparers say

August 25, 2021 at 3:59 a.m.

WASHINGTON (Reuters) - For wealthy U.S. investors who have not been paying attention, their 2013 tax returns, which must be filed by Tuesday, may contain a rude surprise: higher taxes....

Republicans target ex-IRS officer over 2013 tax scandal

August 25, 2021 at 3:53 a.m.

WASHINGTON (Reuters) - Congressional Republicans on Thursday again targeted a former senior Internal Revenue Service officer for legal action, squeezing another day of Capitol Hill drama from last year's so-called...

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