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...The US plaintiff’s lawyers are hoping future juries will be more likely to be swayed by grieving parents than a large corporation....
...The company also receives a US R&D tax credit. Across the US, the effective tax rate paid by large profitable companies is far lower than the statutory rate....
...“We needed a big month to make sure we’d meet our end-year target,” said Olivia Lynch, head of tax markets at consultancy KPMG. “It augurs well for next year.”...
...Exxon confirmed talks were ongoing with Chevron and Hess and said the company “owe[d] it to our investors and partners to consider our pre-emption rights”....
...Exxon confirmed talks were ongoing with Chevron and Hess and said the company “owe[d] it to our investors and partners to consider our pre-emption rights”. Read more here...
...Some business lobbies warn that the way some important US tax credits, such as for R&D, operate could reduce companies’ effective tax rate under the international rules and make them liable to top-up demands...
...“We employ a consultancy to do our R&D claims for us because we haven’t got the time to fight the claims,” he said....
...But notice that in the more recent statement, Berkshire is making a comparison to “the average American corporation,” not the S&P 500....
...I’d put my bet on a Midwestern populist to replace Biden rather than a shiny Californian centrist. This raises a key point....
...It also hand-picked its judge: Robert D. Drain, the only bankruptcy judge sitting in the White Plains Division of the Bankruptcy Court for the Southern District of New York....
...Even though his own campaign uses TikTok, Biden said he’d sign a bill banning TikTok from US app stores....
...*fixed, we’d forgotten to include the never-leavers....
...(I’d much rather do a Google search and see sources and citations laid out.) I’m admittedly operating at the high end of the white-collar job spectrum....
...“If the government wants to create investment opportunities in the UK, we’d love to see that.”...
...“The UK is simply not an attractive enough place to invest with a corporation tax at 25 per cent.”...
...It added that it had “introduced full expensing, an effective £27bn corporation tax cut which results in a 25p tax saving for every pound invested, as well as a new £500mn per year R&D scheme system for...
...“I’d like us to be quicker.”...
...“It’d be reasonable to expect some, if not all of these cases will eventually settle — perhaps for hefty amounts.”...
...Farhat Bengdara, chair of the Libyan National Oil Corporation since July, said he enjoyed support across the divided nation, which had allowed the Opec member to restore production to 1.2mn b/d....
...Only one item was on the agenda: diversity and inclusion (D&I)....
...In response to “The loneliness of Mike Pence”:“While some corporations may revel in Biden’s industrial policy and the funds that it brings, genuine capitalists have no more use for this than they do for...
...At full capacity, the refinery will process 650,000 b/d, which could transform the country into a net exporter of refined fuels....
...On Saturday, May 4 in Washington, D.C., join Jake Sullivan, Gucci Westman, Jancis Robinson, Anne Applebaum and many more for our third annual FT Weekend Festival: US edition....
...love any suggestions on those from readers, and thoughts on what you’d like to see in Swamp Notes in 2024....
...Taylor pushes corporations to be more “candid and realistic” about their impact. “Corporations find themselves in a tense, ambiguous position . . ....
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