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- Companies paid even lower tax rate than Romney
According to new data from the Congressional Budget Office, U.S.-based companies paid only 12.1 percent in taxes on profits earned domestically. This is the lowest rate in four decades.
corporate tax rate 05 Feb 2012 - Portman Corporate Tax Plan to Include Low Repatriation Rate
A proposal allowing U.S. companies to pay a reduced tax rate on overseas profits they bring home will be included in corporate tax overhaul legislation that Senator Robert Portman said he plans to unveil soon.
corporate tax rate 05 Feb 2012 - Facebook's high tax rate likely to drop
Facebook, the social network giant on the verge of a huge initial public stock offering, pays an unusually high tax rate, but that is likely to change soon, analysts said. At 41 percent on an effective ...
corporate tax rate 05 Feb 2012 - What's Mitt Romney's Real Tax Rate: 15 Percent or 50 Percent?
When the media reported that Mitt Romney's total tax rate was 15 percent, some people were mad at Romney for taking advantage of the tax code. But others were mad at the media for getting it wrong.
corporate tax rate 05 Feb 2012 - Tax Group Launches Countdown Clock
Some big U.S. businesses are ratcheting up their argument that its past time for a corporate-tax rate cut.
corporate tax rate 05 Feb 2012 - U.S. Senator Portman?s Corporate Tax Plan to Include Low Repatriation Rate
A proposal allowing U.S. companies to pay a reduced tax rate on overseas profits they bring home will be included in corporate tax overhaul legislation that Senator Robert Portman said he plans to unveil soon.
corporate tax rate 05 Feb 2012 - Obama Said to Propose Corporate Tax Overhaul Next Month
President Barack Obama will propose an overhaul of the U.S. corporate tax system in February, said Gene Sperling, the White House?s director of the National Economic Council.
corporate tax rate 05 Feb 2012 - Bill aims to cancel corporate tax break
HARRISBURG - A tax loophole that enables many Pennsylvania businesses to avoid paying state corporate taxes would be closed in exchange for cuts in the corporate tax rate under legislation unveiled Wednesday by a bipartisan group of House lawmakers.
corporate tax rate 05 Feb 2012 - Obama Plans to Propose Corporate Tax System Overhaul Next Month
President Barack Obama will proposean overhaul of the U.S. corporate tax system in February, hiseconomic advisers said. The proposal will be released at about the same time as theadministration's fiscal ...
corporate tax rate 05 Feb 2012 - What's Mitt Romney's Real Tax Rate: 15% or 50%?
Some conservatives insist the GOP frontrunner pays half his income to the government. Their math is wrong, but their point is right on: Double taxation is a problem.ReutersWhen the media reported that ...
corporate tax rate 05 Feb 2012
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