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Search Result for “IRS”

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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.

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.

BUSINESS

Will There Be Second Stimulus Check Before End of 2020?

Business, Kristina Peterson & Richard Rubin, Published on 10/12/2020

» While Democratic and Republican lawmakers have expressed new optimism that they will reach a coronavirus-aid deal, the current round of talks excludes a second round of stimulus checks for households. Here is the latest on the negotiations, and a look at whether checks could still be on the table.

BUSINESS

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.

BUSINESS

US immigration raids target 7-Eleven managers

Associated Press, Published on 11/01/2018

» LOS ANGELES: US immigration agents descended on dozens of 7-Eleven stores before dawn Wednesday to open employment audits and interview workers in what officials described as the largest operation against an employer under Donald Trump's presidency.