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The creative accounting that reportedly allowed Jared Kushner to dodge paying income taxes for years is totally legal

Kevin Lamarque/Reuters A Saturday report from The New York Times found Jared Kushner, President Donald Trump's son-in-law and senior adviser, paid little to no federal income taxes from 2009 to 2016 using legal tax mechanisms. An .....»»

Category: topSource: businessinsiderOct 14th, 2018

Nike, FedEx, and 24 other companies with $77 billion of combined income have avoided paying taxes for years, a new report found

55 of America's biggest companies paid $0 in fe.....»»

Category: personnelSource: nytApr 2nd, 2021

How Biden Would Corral Billions in Overseas Profits

Companies could end up collectively paying hundreds of billions of dollars more in taxes in the coming years......»»

Category: topSource: washpostApr 1st, 2021

The Moneyist: ‘Not everyone that owes back child support is a deadbeat.’ Is it fair for President Trump to garnish stimulus checks of fathers who are behind on payments?

‘I was nearly $15,000 in debt to my ex-wife. I have been diligently paying the back support down and, now, 10 years later, I finally paid it off.’.....»»

Category: topSource: marketwatchMay 13th, 2020

TaxWatch: ‘They’re looking at where you live.’ If you’re wealthy and haven’t filed your taxes, the IRS could soon be paying you a visit

IRS audits have been sliding for years as the federal tax collector’s staffing has been reduced......»»

Category: topSource: marketwatchFeb 20th, 2020

Hiltzik: There"s still no evidence that taxes are driving residents out of California

California has been losing residents for years, but Trump's tax bill may not have played a role. California has been losing residents for years, but Trump's tax bill may not have played a role......»»

Category: topSource: latimesFeb 13th, 2020

In One Chart: Here’s how much Corporate America’s paying in taxes after Trump’s cuts

The rich get richer or a boon to businesses and consumers? Democrats and Republicans have different ideas of what the December 2017 Trump tax cuts mean for the U.S. economy......»»

Category: topSource: marketwatchOct 30th, 2019

The Wall Street Journal: Google to pay more than $1 billion to settle French tax cases

Google is paying more than $1 billion in fines and back taxes to settle a pair of tax disputes in France, where it has faced years of investigations into whether it has properly declared all of its activity in the country......»»

Category: topSource: marketwatchSep 12th, 2019

Beyond the IRA: Ideas to impact taxes

Who loves paying taxes? Comments we regularly hear in our office go something like, “I hear Trump doesn’t pay…well, I don’t actually know what he pays…but I’m guessing he doesn’t pay a high tax rate. How do I get deductions like that?â.....»»

Category: topSource: bizjournalsSep 4th, 2019

Uber Created a $6.1 Billion Dutch Weapon to Avoid Paying Taxes

Uber Technologies Inc., responding to a European crackdown on offshore tax havens, created a $6.1 billion Dutch tax deduction that will help the company reduce a chunk of its global tax bill for years to come......»»

Category: topSource: moneycentralAug 8th, 2019

Uber Created a $6.1 Billion Dutch Weapon to Avoid Paying Taxes

Uber Technologies Inc., responding to a European crackdown on offshore tax havens, created a $6.1 billion Dutch tax deduction that will help the company reduce a chunk of its global tax bill for years to come......»»

Category: topSource: moneycentralAug 8th, 2019

Trump defends stance on China trade after new tariffs

U.S. President Donald Trump said on Saturday that things are going well with China, insisting U.S. consumers are not paying for import taxes he has imposed on goods from that country although economists say Americans are footing the bill......»»

Category: topSource: reutersAug 3rd, 2019

Trump Opens State Visit With "Joke" About Japan"s "Substantial" Trade Advantage

President Trump's visit to Japan may not be the "biggest thing to happen there in 200 years" as the president was misquoted as saying by certain media outlets earlier this week, but that won't stop traders from paying rapt attention to ev.....»»

Category: blogSource: zerohedgeMay 25th, 2019

Rachel Maddow"s Weekly Ratings Just Plunged To Yearly Lows

Following a string of embarrassments over the last few years, including the famous "I've got Trump's taxes" fiasco, followed by crying on air when she had to announce that Robert Mueller's investigation found.....»»

Category: blogSource: zerohedgeMay 23rd, 2019

Kudlow Undercuts Trump, Admits American Consumers Are Paying For China Tariffs 

National Economic Council Director Larry Kudlow admitted on Sunday that American importers and consumers would have to pay the tariffs on Chinese imports, completely contradicting President Trump's cla.....»»

Category: blogSource: zerohedgeMay 13th, 2019

Trump Used the Same Tax Breaks as Amazon to Drastically Reduce His Own IRS Bill

Trump paid taxes for only two years between 1985 and 1994 President Donald Trump complains that large corporations.....»»

Category: europeSource: fortuneMay 7th, 2019

Trump"s tax records show his businesses lost so much money over a decade, he didn"t have to pay income taxes for 8 of those ten years

AP Photo/Alex Brandon President Donald Trump's tax information covering the years 198.....»»

Category: topSource: businessinsiderMay 7th, 2019

For years, Trump has said his taxes are "under audit"

Since 2016, President Trump has cited an ongoing IRS audit as the primary reason that he will not release his tax returns......»»

Category: topSource: moneycentralApr 5th, 2019

President Trump’s Tariff Strategy Working…

$JPM JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon mow admits that President Trump’s strategy of imposing economic tariffs may just be paying off. “As a negotiating strategy, it might’ve worked,” Mr. Dimon s.....»»

Category: topSource: livetradingnewsMar 19th, 2019

Trump Drawing Up Plan to Charge Allies a Huge Premium for Hosting U.S. Military

Nations hosting U.S. forces could be asked to pay five to six times more under the “Cost Plus 50” formula. For years, President Donald Trump has complained that countries hosting American troops aren't paying enough. Now he w.....»»

Category: europeSource: fortuneMar 8th, 2019