There’s nothing new about Europe wanting to take away American ingenuity, research and development, and freedoms and then make us pay for the rope to hang ourselves. What is new, however, is an American administration that is working with Europe on an international tax-cartel scheme that is designed.
The new law generally imposes a 15% alternative minimum tax on book income of corporations with book income in excess of $1 billion. Public companies will generally be.
On Tuesday, President Biden signed the Inflation Reduction Act of 2022 after it passed two party-line votes in the House (Final Vote: 220-207) and the…
On Tuesday, President Biden signed the Inflation Reduction Act of 2022 after it passed two party-line votes in the House (Final Vote: 220-207) and the Senate (Final Vote: 51-50) where.
On Sunday, August 7, 2022, after a rare and grueling weekend session with nearly 16 hours of voting on amendments, the US Senate passed H.R. 5376, the Inflation Reduction Act of 2022.