WASHINGTON—A handful of large companies, such as Berkshire Hathaway Inc. BRK.B, -0.78% and Amazon.com Inc. AMZN, +1.81%, could bear most of the burden from a 15% corporate minimum tax President Biden signed into law last month. Read more
Tag: Corporate Taxation
Bond yields spike to new 12-year high and pound slides to 37-year low as U.K. unveils deficit-funded tax cuts
Bond yields spiked on Friday as the U.K. government cut a host of taxes and for the first time quantified the cost of capping energy bills, saying it will cost Read more
Bond yields spike as Kwarteng unveils tax cuts, quantifies freeze of energy prices
Bond yields spiked on Friday as the U.K. government cut a host of taxes and for the first time quantified the cost of capping energy bills, saying it will cost Read more
Bond yields spike as Kwarteng unveils tax cuts, quantifies freeze of energy prices
Bond yields spiked on Friday as the U.K. government cut a host of taxes and for the first time quantified the cost of capping energy bills, saying it will cost Read more
Biden will sign the Inflation Reduction Act today. Here’s MarketWatch’s rundown of how it will affect your energy bills, investments and drug costs.
President Joe Biden on Tuesday is scheduled to sign into law the Inflation Reduction Act — the Democrats’ big economic package aimed at addressing climate change, capping drug costs and Read more
Here’s how private equity got relief in Democrats’ healthcare, climate and tax package that’s heading for a House vote
The bipartisan duo of Sens. Kyrsten Sinema and John Thune helped private equity firms escape tens of billions of dollars in potential tax increases and instead walk away with relief Read more
Opinion: Why the Inflation Reduction Act is a very big deal for Americans
NEW YORK—Senate Democrats’ compromise bill, the Inflation Reduction Act (IRA) of 2022, addresses not just inflation but also several key longstanding problems facing our economy and society. There is a simmering Read more
Inflation Reduction Act: What the Democrats’ bill does for climate change, drug prices and corporate taxes
Democrats’ Inflation Reduction Act is heading to the House of Representatives for a vote on Friday after clearing the Senate this past weekend, and with it, some big changes to Read more
Opinion: Subsidies for renewable energy often go to the same fossil-fuel companies that are fighting the green-energy transition with their other hand
Texas is known for fiercely promoting its oil and gas industries, but it’s also the No. 2 renewable energy producer in the country after California. In fact, more than a quarter of Read more
Opinion: Congress’s $76 billion plan to help U.S. chip makers is bad tax policy — and could turn into subsidies forever
Both the Senate and the House of Representatives have approved $52 billion in grants and $24 billion in tax credits that advocates say will strengthen the production of semiconductors in Read more
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