The latest Democratic tax proposal doesn’t do much to change the corporate tax system—it just raises the rates
When Republicans made sweeping changes to corporate taxes in their 2017 tax overhaul, executives and tax professionals worried that a Democratic Congress could roll back the legislation’s rate cuts without reinstating the many tax breaks the law tightened or eliminated.
To Read the Full StoryDeutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
U.S. House Democrats seek to roll back Trump tax cuts for wealthy, corporationsLeading Democrats in the U.S. House of Representatives on Monday proposed a substantial roll-back of former President Donald Trump's tax cuts, including raising the top tax rate on corporations to 26.5% from the current 21%.
Weiterlesen »
Here's who would be affected by House Democrats' potential tax changesSome wealthy individuals and corporations would pay higher taxes under proposed changes from House Democrats.
Weiterlesen »
House Democrats’ plan would close tax loophole used by crypto investorsBitcoin, ethereum, dogecoin and other crypto investors would be subject to the wash-sale rules that apply to stocks if House Democrats' proposal becomes law.
Weiterlesen »
Income, Estate, Capital Gains Tax Hikes & Retirement Account Crackdown: House Finally Details How It Will Fund $3.5 Trillion Social Policy PlanThe House Ways & Means Committee has released draft legislation of individual tax hikes they propose to pay for the $3.5 trillion social policy budget plan under consideration
Weiterlesen »
House Democrats want tax hikes that are ‘a little less aggressive’ than those proposed by President Biden'This is a strong indication of the direction Congress will be going in tax policy,' one expert said
Weiterlesen »