Search
 

Corporate Taxes Now Part of Budget Talks (WSJ)

White House says it will consider overhauling corporate taxes as part of fiscal cliff solution.

In its latest proposal for resolving the fiscal cliff, the White House said it will consider overhauling corporate taxes as part of the deal, according to the Wall Street Journal. The Journal says the Obama administration proposal did not provide any specifics about corporate tax changes. But in February, the administration released a corporate tax proposal that included dropping the tax rate to 28% from 35%, along with eliminating some tax deductions, with the amount of taxes collected from companies remaining roughly the same.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Treasury and Risk

Treasury and Risk

Treasury and Risk Staff Writers

More from this author

 

Recommended Stories

Yellen Oil-Cap Plan Would Blunt Russian Reprisals

Christopher Condon |

“Russia’s going to face an insurance and financial services ban. ... Why should they retaliate for an initiative that enables their oil to continue to flow through to world markets at a price that is profitable?”

Corporate America Embraces Commercial Paper

Corporate America Embraces Commercial Paper

Alexandra Harris, Liz Capo McCormick & Jack Pitcher |

The short-term IOUs look increasingly attractive compared with locking in longer-term borrowing in a market beset by turbulence.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2022 ALM Global, LLC. All Rights Reserved.