U.S. Companies Get Tax Reprieve in IRS Foreign-Income Rules

WASHINGTON—The Treasury Department relaxed some tax rules on U.S.-based multinational corporations, issuing final regulations Monday that give relief to companies operating in high-tax foreign countries.

The final rules gave companies some but not all of what they wanted and will reduce the U.S. tax burden on companies operating in places such as Germany and Japan. The change may encourage them to invest more in such high-tax places, according to an analysis by the Treasury Department and Internal Revenue Service.

JuddApatow My spouse is French so I live in a French territory. I pay taxes here and as a US Citizen, I'm obligated to pay federal income tax in the US as well (we're talking less than 6 figure salary here)... I guess I should declare myself a corporation to get around that

so US is giving money away to other countries…?

Anyone tell the MAGA crowd? They think Don the Con is working to bring jobs back to US and they don’t read WSJ.

Sensorred answers (5). Whatever I try, I can't get them visible.

Wait, what?

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

U.S. companies fear workplace coronavirus precautions do not address airborne riskU.S. companies are raising new questions about how they can make workplaces safe after the world’s top public health agency acknowledged the risk that tiny airborne droplets of the novel coronavirus may contribute to its spread, industry healthcare consultants said. N95 .TopherSpiro
La source: Reuters - 🏆 2. / 97 Lire la suite »

The 25 best US companies for Black, Indigenous, and employees of color in 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »

U.S. Companies Lose Hope for Quick Rebound From Covid-19Business executives who were bracing for a monthslong disruption due to the coronavirus are now thinking in terms of years. Their job has changed from riding it out to reinventing roles and strategies. you guys just don't know how to learn. or you guys don't know how to know? realDonaldTrump is treating Covid-19 like it is Putin. RollOver GoodBoy
La source: WSJ - 🏆 98. / 63 Lire la suite »