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Topics related to investing, the financial industry, insurance, banking, etc.

U.S. Businesses Find Welcome Surprises in Tax Bill

Last-minute changes to the tax-overhaul bill dropped key provisions that most worried companies while raising other costs slightly
Original publication date: 
Tuesday, December 19, 2017 - 17:46

The final tax bill offers much of what large companies hoped to gain from the Republican overhaul: the billboard corporate rate was knocked down, cuts were accelerated and key credits were preserved.

20% vs. 22%: The Tension Over Two Points in the Corporate Tax Rate

President Trump has raised possibility of increase, which amounts to about $200 billion over a decade
Original publication date: 
Tuesday, December 12, 2017 - 18:52

Two percentage points are generating a big tussle in the debate over the right corporate tax rate.

As House and Senate lawmakers continue hashing out differences between their tax-overhaul bills, the prospect lingers that they could push the new corporate tax rate to 22%.

For Multinationals, the Tax Bill’s Good Likely Outweighs the Bad

Beyond a new corporate tax rate, the House and Senate versions have major repercussions for U.S. companies with overseas operations
Original publication date: 
Friday, December 1, 2017 - 05:30

Multinational corporations have a lot to like in both the House and Senate tax-overhaul proposals. Depending on a company’s structure and operations, there could be a lot to worry about as well.

Elvis and a Big Hunk o’ Tax Breaks

Expansion of Graceland is benefiting from controversial tax incentives
Original publication date: 
Monday, October 5, 2015 - 18:59

Everything about Elvis Presley was big.

U.S. Corporations Increasingly Adjust to Mind the GAAP

The use of figures that exclude certain items is becoming more prominent in corporate filings
Original publication date: 
Monday, December 14, 2015 - 20:28

A financial obfuscation of the dot-com era is making a comeback: Hundreds of U.S. companies are trumpeting adjusted net income, adjusted sales and “adjusted Ebitda.”

New Rule to Lift Veil on Tax Breaks

Accounting standard will require government officials to disclose value of property, sales and income taxes that have been waived
Original publication date: 
Tuesday, August 4, 2015 - 17:50

Cities and states have plied companies with tax breaks for decades hoping to attract jobs and commerce. A new accounting standard will force many to disclose the total annual cost.

How Google, GE and U.S. Firms Play the Tax ‘Audit Lottery’

Big Companies Have Amassed $188 Billion in Tax Benefits the IRS May Reject
Original publication date: 
Wednesday, December 17, 2014 - 16:02

Buried deep in American companies’ securities filings is an indicator for how aggressively they are working to shield their income from the Internal Revenue Service and other tax authorities.

Don't Expect the Earth to Move

Economic summits can be invaluable during crises, but rebalancing commerce or reforming regulation takes more than a meeting.
Original publication date: 
Wednesday, September 23, 2009 - 00:00

By Friday evening, the heads of the world's 20 biggest economies -- from the US to South Africa, encompassing 85 percent of global economic activity -- will have dined, met, lunched, met again, and made their pronouncements.

If history is any judge, there may not be much in the way of immediate or lasting results.

Tribune Staff Would Bear Risk in Financing Buyout

Tax Breaks Abound, But Business Slump Could Hurt Workers
Original publication date: 
Monday, April 2, 2007 - 00:00

The best thing about an employee-stock-ownership plan is that it gives workers a stake in their company's future. Which is also, of course, the worst thing about it.

European Regulators Target U.S. Firms

New regulatory efforts by European policymakers may put American banks, insurers, and money managers at a competitive disadvantage
Original publication date: 
Thursday, June 25, 2009 - 00:00

President Barack Obama's plan to overhaul financial regulation covers everything from mortgages to hedge funds. But reform efforts in Europe may prove more significant for U.S. companies. European regulators are hashing out new rules for banks, insurers, and money managers that could put U.S. firms at a disadvantage.

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