When a series of big U.S. companies last year moved to reincorporate abroad in inversion deals, some Republican lawmakers and tax policy critics blamed the high U.S. corporate tax rate. Lowering it, they said, would keep companies from fleeing the country.
Tags: Treasury Department
Biden Administration Reveals New Tax Rules That Push Higher Pay for Green Energy Workers
The Biden administration has released the final regulations for the IRA's prevailing wage and registered apprenticeships (PWA) provisions.
US Treasury Warns Creditors Against Exploiting Aid to Developing Nations
The US Treasury Department has cautioned emerging official creditors against curtailing loans to nations already engaged in programs with the International Monetary Fund (IMF) or multilateral development banks.
Biden Administration Wants to Extend Anti-Money Laundering Regulations to Investment Advisers
The Biden administration wants to require investment advisers to detect and report suspected money laundering to the government.
US Treasury Department Unveils New Tax Credit Guidelines for Sustainable Aviation Fuel
The US Treasury Department has released the long-awaited guidelines for the Sustainable Aviation Fuel (SAF) tax credits.
Latest News
The U.S. budget deficit fell by nearly a third during fiscal 2014 to $486 billion as federal revenues grew far faster than spending, the Congressional Budget Office said on Wednesday.
German lender Commerzbank AG (CBKG.DE) is nearing agreement with U.S. authorities over its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said.
GM is set to grow further as investor confidence increases. The optimism on General Motors is increasing by the day, as the Treasury Department is boosting investor confidence by preparing for the sale of its shareholdings in the Detroit automaker.
Russia bans US officials and other Americans as a response to the ban made by US officials in related to the Magnitsky incident.
The U.S. government cut its stake in American International Group Inc to about 21.5 percent on Monday.
1
