corporate tax »
Taxation of Life Insurance Companies
Top Takeaways 1: Life Insurance Companies are taxed under Subchapter L Life Insurance companies are subject to a particular set of rules under Subchapter L of the Internal Revenue Code. These rules cover companies
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U.S. takes the lead
The United States has achieved a new number one ranking among developed countries: highest corporate tax rate. The U.S moved into its first place ranking after Japan lowered its corporate tax rate to 38.01%
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Romney Tax Plan Introduced
A day after President Obama released his plan to reform corporate tax, Republican nominee Mitt Romney introduced his tax plan for American. The first step in Romney’s tax plan is to reduce the marginal
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Obama and Treasury Lay Out Tax Plan for Corporate Tax Reform
The President and the Department of Treasury seeks to reduce the corporate tax rate and remove loopholes and subsidies in the President’s Framework for Business Tax Reform. The current U.S corporate tax rate of
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Tax Analysis of President Obama’s 2013 Budget
Today President Obama released the Fiscal Year 2013 Budget with many proposed tax code changes to make sure “everyone gets a fair shot, everyone does their fair share, and everyone plays by the same
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Senator Enzi Introduces International Tax Reform Bill
On February 9, 2012, Senator Michael Enzi, introduced the United States Job Creation and International Tax Reform Act of 2012. Similar to the theme of President Obama’s State of the Union Address, Senator Enzi,
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