The corresponding initiative may be presented as early as October, the US President admitted. Under this reform, according to the politician, corporate taxes in the United States will be reduced from 21% to 20%. US President Donald Trump has announced what he expects: in October ...
President Donald Trump's tax overhaul hurts New Yorkers by limiting local tax deductions for high-income earners. This significantly widens the gap between the tax burden on residents of New York and Florida, a state that has no local income tax...
FedEx is the latest US corporation to say it will increase employee pay following the passage of tax reform. FedEx announced Friday that it would increase employee pay by a total of $200 million, with two-thirds of it distributed to permanent employees. Salaried…
Starbucks announced a pay increase and other benefits for more than 150 US employees. This measure is the result of President Trump's recent tax reform. Starbucks says it is investing approximately $ 120 million in payroll increases. The company also ...
Apple will pay $ 38 billion in US income repatriation tax and invest more than $ 30 billion in the US economy over five years. American tech giant Apple will pay $ 38 billion in one-time income tax, which it intends to return to the United States ...
Dozens of companies across America are offering bonuses, salary increases and other benefits to employees following tax reform. The US Senate on December 20 passed a tax reform bill prepared by the administration of President Donald Trump. Among other things, he will reduce the corporate tax rate to 21% from ...
Walmart plans to raise the company's starting salary and provide a one-time cash bonus to employees, citing a Republican tax reform bill signed by President Trump last month. The starting salary will increase to $ 11 per hour, and the amount of cash bonuses ...
Some New Yorkers, New Jersey and Connecticut residents are in a rush to pay their property and real estate taxes for 2018 ahead of new federal restrictions on how much they can deduct. In Hoboken, New Jersey, authorities said that as of ...
The administration of US President Donald Trump gave Americans a Christmas gift - a tax cut. It would seem that many should be happy about this, but at the same time, a significant part of the US population is dissatisfied with tax reform. The New York Post tried to figure out...
On Friday, December 22, President Trump signed a tax reform bill that will lower corporate and individual tax rates, cutting taxes by $1,5 trillion, USA Today writes. “The Democrats are very sorry about this. They wanted to be a part of it,” Trump said...