09/12/14 05:30 AM
CARSON CITY, Nev. (AP) — Calling it one of the most important pieces of legislation in Nevada history, Gov. Brian Sandoval signed into law an unprecedented package of incentives to seal a deal to bring Tesla Motors' $5 billion battery factory to the Silver State. The "gigafactory" is expected...
By Joseph Lawler | 09/11/14 05:07 PM
In a letter addressed to Burger King CEO Daniel S. Schwartz, Majority Whip Dick Durbin and four other senators urged the company to back out of the deal to merge with Canadian chain Tim Hortons and move the combined company's headquarters to Canada.
By Joseph Lawler | 09/11/14 02:15 PM
Noting that he's friends with Buffett, Hatch said that the Omaha-based investor "called me to say, 'you gotta do something about tax inversions.' I believe that was before he entered into the Burger King situation. I think he wanted to know where we were going."
By Joseph Lawler | 09/10/14 12:13 PM
"I believe the Treasury Department has completed — or is very close to completing — such a plan, but refuses to make it public," House Ways and Means Committee Chairman Dave Camp said Wednesday.
By Joseph Lawler | 09/09/14 08:36 PM
Although lawmakers in both parties are concerned about them, Democrats aren't likely to call a vote regarding "tax inversions" before the election.
09/09/14 06:45 PM
LANSING, Mich. (AP) — Michigan would keep an estimated $1.1 billion it is at risk of being forced to refund to out-of-state companies under a bill approved Tuesday by the House, which moved to insulate the state from a potentially budget-busting court decision. On lawmakers' first day of a...
By Joseph Lawler | 09/08/14 11:08 AM
The New York senator, the number three Democrat in the upper chamber, is likely to roll out the bill as likely as this week in an effort to forestall so-called corporate inversions.
By Joseph Lawler | 09/08/14 09:44 AM
Speaking at an event on business taxes at the Urban Institute in Washington, Lew placed the responsibility on Congress to address so-called tax inversions, but said that the administration was prepared to step in if lawmakers don't move quickly enough.
09/08/14 09:31 AM
WASHINGTON (AP) — Summer break over and elections ahead, Congress is beginning an abbreviated September session with must-do tasks of preventing a government shutdown and extending a freeze on taxing access to the Internet. Lawmakers will find time, too, for votes conveying political messages...
By Becket Adams | 09/05/14 06:36 PM
"I'm not aware," an IRS spokesman told the Examiner Friday. "I'm going to have to get back to you on that… Uh, let me see if there's anything I can get for you on that."
By Susan Ferrechio | 09/04/14 06:56 PM
The Senate majority leader told a green energy conference Thursday he'll take up legislation by the end of this year.
By Mark Tapscott | 09/04/14 03:20 PM
Nothing was done for months on end with nearly half of the taxpayer complaints submitted to the IRS about private tax preparers during 2012 and most of 2013, according to the Treasury Inspector General for Tax Administration. "Complaints against tax return preparers are not timely processed,"...
By Philip Klein | 09/03/14 05:24 PM
William Cobb said that the company was already taking steps to train its tax preparers based on the draft forms that the Internal Revenue Service has released to comply with Obamacare.
By Kelly Cohen | 09/03/14 02:13 PM
On CNBC Wednesday morning, the Ohio Republican argued that companies like Burger King are moving their headquarters to other countries because U.S. corporate taxes are too high and too complicated.
09/01/14 05:00 AM
TALLAHASSEE, Fla. (AP) — Florida Gov. Rick Scott is beginning a two-week, 28-city campaign bus tour to promote proposed tax cuts as part of his re-election campaign. The tour begins Monday. Scott announced the tax cut proposals last week. It includes the eventual elimination of the corporate...
By Byron York | 09/22/14
By Brian Hughes | 09/22/14
By Paul Bedard | 09/21/14
By Washington Examiner | 09/22/14
By Kelly Cohen | 09/22/14