By Joseph Lawler | 09/15/14 11:36 AM
The United States has the third least competitive tax system among developed nations, according to a new ranking of countries' tax codes.
By Joseph Lawler | 09/12/14 11:41 AM
"They're preparing to act and they'll act as soon as they're ready," said Rep. Sander Levin, the ranking Democrat on the House Ways and Means Committee, which has jurisdiction over tax issues.
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 | 09/10/14 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.
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.
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.
By David Harsanyi | 08/29/14 12:12 AM
Democrats' distorted understanding of national loyalty may work in populist politics, but not so much in markets.
By Washington Examiner | 08/28/14 06:56 PM
Even as his administration has been measuring the guillotine for Burger King, Obama was himself hatching a plan with the openly stated purpose of moving beyond the confines of U.S. law.
08/28/14 03:15 PM
TORONTO (AP) — Few things unite Canadians the way Tim Hortons does. For half a century, they have warmed themselves on chilly mornings with the chain's coffee and Timbits — or doughnut holes to Americans. So news this week that Burger King will buy Tim Hortons served as a bittersweet reminder...
By Michael Barone | 08/27/14 05:40 PM
"The tax system should be simplified and work for all Americans with lower individual and corporate tax rates and fewer brackets." That's from the Obama administration's 2009 proposals for tax reform, straight from whitehouse.gov.
By Washington Examiner | 08/27/14 05:04 PM
A simple change in how its members can hold their wealth is far a more promising reform than the fool's errand of sniping at formerly American companies as they flee.
08/27/14 01:30 PM
WASHINGTON (AP) — Burger King is drawing a lot of flak over plans to shift its legal address to a foreign country by merging with Tim Hortons, the Canadian coffee-and-doughnut chain. The transaction is called a corporate inversion, a maneuver that is becoming popular among companies looking to...
By Joseph Lawler | 08/26/14 08:23 AM
Talk of the move has drawn criticism from Democratic lawmakers who are concerned about U.S. companies using mergers with companies in lower-tax jurisdictions to lower their U.S. tax payments.
By Becket Adams | 09/16/14
By Paul Bedard | 09/16/14
By Paul Bedard | 09/17/14
By David M. Drucker | 09/16/14
By Washington Examiner | 09/17/14