Today: September 20, 2024
Today: September 20, 2024

US Treasury sets rules for 15% minimum tax on biggest, most profitable companies

September 12, 2024
Reuters

WASHINGTON (Reuters) - The U.S. Treasury on Thursday announced new proposed rules for a new corporate alternative minimum tax that is expected to generate $250 billion in U.S. revenues over 10 years from about 100 large companies now paying an average rate of just 2.6%.

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Blinken subpoenaed to appear next week before House committee over Afghanistan

The U.S.

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Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner- Reuters poll

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Harrods' ex-owner Al Fayed raped, assaulted staff for decades, lawyers say

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