Corporate taxes

People watch a TV screen showing file footage of former South Korean President Lee Myung-bak during a news program at the Seoul Railway Station in Seoul, South Korea, Monday, April 9, 2018. South Korean prosecutors say they've indicted Lee over bribery, embezzlement and other charges. The signs read: " Former President Lee Myung-bak" (AP Photo/Ahn Young-joon)
April 09, 2018 - 6:33 am
SEOUL, South Korea (AP) — South Korean prosecutors formally charged jailed ex-President Lee Myung-bak with a range of corruption charges on Monday, making him the country's fourth leader to face a criminal trial in about two decades. Last Friday, Lee's conservative successor, Park Geun-hye, was...
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FILE - In this Dec. 20, 2017, file photo, President Donald Trump, surrounded by members of congress and supporters, speaks during an event on the South Lawn of the White House in Washington, to acknowledge the final passage of tax overhaul legislation by Congress. The new tax law ends a benefit long prized by business for schmoozing with customers or courting new ones. And the impact could be felt in big glitzy boxes at sports stadiums, or even at minor league games in small towns with loyal company backers. (AP Photo/Carolyn Kaster, File)
March 17, 2018 - 2:12 am
WASHINGTON (AP) — Could the crackdown on tax loopholes clamp down on corporate schmoozing? The new tax law ends a benefit prized by business for impressing customers or courting new ones. And the impact could be felt in the pricey boxes at sports stadiums, or even at Double-A baseball games in...
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European Commissioner for Economic and Financial Affairs Pierre Moscovici speaks during a media conference at EU headquarters in Brussels on Wednesday, March 7, 2018. The European Commission on Wednesday published its annual analysis of the economic and social situation in the Member States, including progress in implementing country-specific recommendations and an assessment of possible imbalances. (AP Photo/Virginia Mayo)
March 07, 2018 - 11:49 am
BRUSSELS (AP) — The European Commission criticized seven member states Wednesday for "aggressive" tax policies designed to undercut others in the race to lure multinational companies, a censure that prompted a sharp rebuke from the leader of one of the countries named. The European Union's...
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FILE - In this Dec. 11, 2017, file photo, former Trump campaign chairman Paul Manafort arrives at federal court in Washington. Recently unsealed criminal charges against President Donald Trump’s ex-campaign chairman could also pose legal risks for the banks that lent him millions of dollars. For years Paul Manafort has borrowed heavily against multiple properties in New York. The banks’ exposure could be worst of all for a bank dubbed “Lender B” in court papers. (AP Photo/Susan Walsh, File)
February 22, 2018 - 8:39 pm
WASHINGTON (AP) — Dramatically escalating the pressure and stakes, special counsel Robert Mueller filed additional criminal charges Thursday against President Donald Trump's former campaign chairman and his business associate. The filing adds allegations of tax evasion and bank fraud and...
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FILE - In this Oct. 30, 2014 file picture the Deutsche Bank headquarters are photographed in Frankfurt, Germany. The bank will announce the latest figures Friday, Feb. 2, 2018. (AP Photo/Michael Probst, File)
February 02, 2018 - 5:54 am
FRANKFURT, Germany (AP) — Deutsche Bank CEO John Cryan says Germany's largest financial institution is making progress in its effort to cut costs and streamline operations - despite posting a third straight annual loss. Cryan said Friday that many important steps would take time to improve profits...
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Siemens CEO Joe Kaeser speaks during the annual press conference of the German industrial giant in Munich, southern Germany, Wednesday, Jan. 31, 2018. (Sven Hoppe/dpa via AP)
January 31, 2018 - 3:26 am
FRANKFURT, Germany (AP) — Industrial equipment maker Siemens AG said Wednesday that its net income rose 12 percent to 2.2 billion euros ($2.7 billion) in the last three months of 2017, helped by one-time gains from the sale of shares in its Osram lighting business and from the U.S. corporate tax...
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In this Thursday, Jan. 26, 2017, photo, a CSX freight train passes through through Homestead, Pa. CSX Corp. reports earnings Tuesday, Jan. 16, 2018. (AP Photo/Gene J. Puskar)
January 16, 2018 - 6:24 pm
OMAHA, Neb. (AP) — CSX Corp. reported Tuesday that its fourth-quarter profit grew 25 percent as it further cut expenses, and on top of it the railroad booked a $3.6 billion benefit from the corporate tax cut Congress approved last year. The Jacksonville, Florida-based railroad said Tuesday that if...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group Inc. reports earnings Tuesday, Jan. 16, 2018. (AP Photo/Jim Mone, File)
January 16, 2018 - 8:24 am
UnitedHealth Group's earnings more than doubled in the final quarter of 2017, and the nation's largest insurer hiked its forecast well beyond expectations largely due to help from the federal tax overhaul. UnitedHealth said Tuesday that it added $1.2 billion in 2017 non-cash earnings, as its fourth...
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This photo combo of file images shows signage at branches of Wells Fargo and Chase banks in New York. On Friday, Jan. 12, 2018, Wells Fargo and JPMorgan Chase indicated that they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business. (AP Photo/CX Matiash, Frank Franklin II)
January 12, 2018 - 4:13 pm
NEW YORK (AP) — Two of the nation's biggest banks — JPMorgan Chase and Wells Fargo — indicated Friday that they expect to see significant future benefits from the recently enacted GOP tax bill, through both lower taxes and increased business. The comments came as the two companies reported their...
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FILE - In this Monday, Oct. 21, 2013, file photo, the JPMorgan Chase & Co. logo is displayed at their headquarters in New York. JPMorgan Chase & Co. reports earnings, Friday, Jan. 12, 2018. (AP Photo/Seth Wenig, File)
January 12, 2018 - 7:45 am
NEW YORK (AP) — JPMorgan Chase & Co. said its fourth-quarter results fell 37 percent from a year ago, as the bank took a significant one-time charge to its results due to the recently passed Trump tax bill. JPMorgan said Friday it earned $4.23 billion in the fourth quarter, or $1.07 a share,...
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