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Search Result for “IRS”

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WORLD

Microsoft fights $29 bn US back tax claim

AFP, Published on 12/10/2023

» WASHINGTON - The US Internal Revenue Service is asking that Microsoft pay a whopping $29 billion in unpaid taxes from 2004 to 2013, the company said in an official filing on Wednesday.

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WORLD

US debt ceiling deal: the key takeaways

AFP, Published on 28/05/2023

» NEW YORK - President Joe Biden and House Republicans have reached a deal in principle to raise the government's debt ceiling and avert a devastating default.

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WORLD

US House advances Biden's historic social welfare expansion

AFP, Published on 19/11/2021

» WASHINGTON - US lawmakers voted Friday to elevate President Joe Biden's giant social welfare bill to the Senate, in a major step forward for his vision for a more equitable society that is the centerpiece of his domestic agenda.

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WORLD

How an indebted US physician sells Covid falsehoods

AFP, Published on 31/08/2021

» WASHINGTON: For Sherri Tenpenny, God is on the side of those who spurn Covid-19 vaccines. Making money, critics say, is the Ohio osteopath's higher calling.

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BUSINESS

Musk, Bezos, other billionaires avoid US income taxes: Report

AFP, Published on 09/06/2021

» NEW YORK: Several of the richest Americans have paid zero income tax in some years, according to an investigative report published Tuesday that comes as Washington weighs new proposals to address tax avoidance by the wealthiest individuals and companies.

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BUSINESS

Biden launches audacious middle class spending package in speech to Congress

AFP, Published on 29/04/2021

» WASHINGTON: President Joe Biden will unveil a nearly $2 trillion spending plan to boost the middle class Wednesday as the highlight of a sunny, yet audacious speech to Congress, signaling the Democrat's bid to reshape America.

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WORLD

Americans to start seeing stimulus payments this weekend: officials

AFP, Published on 13/03/2021

» WASHINGTON - US workers and families will start to see stimulus funds go into their bank accounts as soon as this weekend, just days after President Joe Biden signed the $1.9 trillion rescue plan into law, officials said Friday.

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WORLD

Facebook faces off with IRS in big-ticket tax case

AFP, Published on 19/02/2020

» SAN FRANCISCO: A multi-billion dollar dispute between Facebook and US tax authorities over profits shifted to an Irish subsidiary began playing out in front of a judge on Tuesday.

WORLD

Democrats demand Trump tax returns by April 23

AFP, Published on 14/04/2019

» WASHINGTON - Democratic lawmakers on Saturday gave the Internal Revenue Service a final deadline of April 23 to hand over President Donald Trump's tax returns, which Treasury Secretary Steven Mnuchin said the administration was diligently considering.

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WORLD

Tax man will be all over the British royal baby

AFP, Published on 14/04/2019

» NEW YORK: Talk about being born with a silver spoon in your mouth: the royal baby of Prince Harry and Meghan Markle will have a particularly glittery one.