Corporate taxes

In this Thursday, Sept. 19, 2019, photo, a man holding a cup of coffee monitors the stock prices at a brokerage house in Beijing. Asian shares were mostly higher on Friday, Sept. 20, 2019 after a lackluster session on Wall Street, as investors shifted their focus to China-U.S. trade talks after a busy week of central bank news. (AP Photo/Andy Wong)
September 20, 2019 - 4:11 am
BANGKOK (AP) — World shares were mixed on Friday, while India's benchmark jumped more than 5% after the government announced plans to cut corporate taxes. Germany's DAX fell 0.1% to 12,440.12 and the CAC 40 in France lost 2.9 points to 5,656.24. Britain's FTSE 100 gave up 0.3% to 7,334.05. Wall...
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FILE - In this Sept. 5, 2019, file photo, Indian workers prepare packing of clutch buttons at an auto component manufacturing factory on the outskirts of New Delhi, India. Asian shares advanced Friday, Sept. 20, 2019, and India’s benchmark jumped 5.4% after the government announced plans to cut corporate taxes. (AP Photo/Altaf Qadri, File)
September 20, 2019 - 3:52 am
NEW DELHI (AP) — The Indian government on Friday announced a slew of concessions aimed at boosting the economy that will reduce most corporate taxes for local companies to about 25% from 30%. Finance Minister Nirmala Sitharaman said the lower tax rates will retroactively apply from April 1, the...
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FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. On Thursday, Sept. 12, the Treasury Department releases federal budget data for August. (AP Photo/Carolyn Kaster, File)
September 12, 2019 - 3:49 pm
WASHINGTON (AP) — The U.S. government's budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections. The Treasury Department reported Thursday that the deficit with just one month left in the budget year is up 18...
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Democratic presidential candidate, former Vice President Joe Biden speaks during the Human Rights Campaign Columbus, Ohio Dinner at Ohio State University Saturday, June 1, 2019. (AP Photo/Paul Vernon)
June 04, 2019 - 6:29 am
Democratic presidential candidate Joe Biden is pitching a $5 trillion-plus climate proposal that he says would lead the U.S. to net zero emission of carbon pollution by 2050. Biden's plan calls for $1.7 trillion in federal spending over 10 years, with the rest of the investments coming from the...
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Stephen Calk, center, leaves Federal court with his attorney Jeremy Margolis, left, Thursday, May 23, 2019, in New York. Calk charged in New York with issuing loans to win a role in President Donald Trump's administration has pleaded not guilty. (AP Photo/Mary Altaffer)
May 23, 2019 - 9:25 pm
NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing...
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Sen. Elizabeth Warren, D-Mass., speaks to hundreds of supporters at a rally at Wooster High School in Reno, Nev., Saturday, April 6, 2019. Warren said a system that rewards the rich and powerful at the expense of working Americans is at the core of every problem facing the nation. (AP Photo/Scott Sonner)
April 11, 2019 - 4:05 pm
WASHINGTON (AP) — Democratic presidential candidate Elizabeth Warren is proposing a new tax on corporate profits that's designed to prevent business giants from taking advantage of the existing tax code to effectively pay a zero rate. The 7% tax on corporate profits above $100 million is the latest...
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FILE - In this July 5, 2018 file photo, Cho Yang-ho, the chairman of Korean Air Lines Co., arrives for hearing to review the prosecution's request for an arrest warrant on charge of embezzlement at the Seoul Southern District Court in Seoul, South Korea. Korean Air says on Monday, April 8, 2019, its chairman, Cho Yang-ho, has died in the United States because of an unspecified illness. (AP Photo/Ahn Young-joon, File)
April 08, 2019 - 9:31 am
SEOUL, South Korea (AP) — Korean Air's chairman, whose leadership included scandals such as his daughter's infamous incident of "nut rage," has died due to illness, the company said Monday. Cho Yang-ho had been indicted on multiple charges, including embezzlement and tax evasion, and his death came...
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Democratic presidential candidate Sen. Amy Klobuchar speaks during a meet and greet with local residents, Sunday, March 17, 2019, in Cedar Rapids, Iowa. (AP Photo/Charlie Neibergall)
March 28, 2019 - 6:00 am
Democratic presidential candidate Amy Klobuchar (KLOH'-buh-shar) is proposing an infrastructure plan she says will provide $1 trillion to fix roads and bridges, protect against flooding and rebuild schools and other projects. The plan announced Thursday is the first policy proposal from the...
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March 06, 2019 - 2:27 pm
ATLANTA (AP) — Federal prosecutors say a former executive with a longtime city of Atlanta vendor gave bribes to the city's former chief procurement officer to get work. A 51-count indictment against Lohrasb "Jeff" Jafari was unsealed Wednesday and includes charges of bribery, tax evasion and money...
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February 26, 2019 - 2:58 pm
AIKEN, S.C. (AP) — State authorities say a South Carolina business owner has been accused of avoiding paying more than $100,000 in sales taxes. News outlets cite a statement from the South Carolina Department of Revenue as saying that 41-year-old Rakesh Ratilal Patel was arrested Tuesday. He was...
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