tax breaks

Amazon Reaps Record $669M in Tax Breaks
Tax

Amazon Reaps Record $669M in Tax Breaks

The payout from local and state governments "came despite an uncertain economy and complaints about Amazon's working conditions."
By Matthew Heller | October 7, 2021
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Congress Includes PPP Extension in New Relief Bill
Credit & Capital

Congress Includes PPP Extension in New Relief Bill

PPP borrowers will also be able to deduct expenses paid for with their loans, reversing an earlier IRS decision.
By Matthew Heller | December 21, 2020
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Revitalizing the Global Economy Requires Outside-the-Box Thinking
The Economy

Revitalizing the Global Economy Requires Outside-the-Box Thinking

Countries will not be able to tax their way back to prosperity, so it’s time for leaders to find other solutions.
By Vincent Ryan | October 26, 2020
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Tax Cuts: Be Careful What You Wish For
The Economy

Tax Cuts: Be Careful What You Wish For

The short-term economic boost that the GOP-proposed tax cuts would generate wouldn't be sustainable without growth in the already-tight labor market.
By Joel Naroff | November 9, 2017
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Location Lures
Tax

Location Lures

State and city tax breaks abound, but they shouldn’t be the only consideration when locating a business.
By Bob Violino | November 6, 2017
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WTO Tells U.S. to Withdraw Boeing Tax Break
Tax

WTO Tells U.S. to Withdraw Boeing Tax Break

A finding that a Washington state measure amounted to an illegal subsidy given the EU a partial victory in a trade battle with the U.S.
By Matthew Heller | November 28, 2016
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Apple Hit With $14B Penalty Over Irish Tax Deal
Tax

Apple Hit With $14B Penalty Over Irish Tax Deal

The European Commission says Ireland improperly allowed Apple to avoid paying taxes on almost all profits from sales in the EU.
By Matthew Heller | August 30, 2016
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Google Settles U.K. Tax Probe for $185 Million
Tax

Google Settles U.K. Tax Probe for $185 Million

European tax authorities have been cracking down on U.S. tech firms who they say have not been paying their fair share of taxes in Europe.
By Katie Kuehner-Hebert | January 25, 2016
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EU Finds Belgian ‘Excess Profit’ Tax Break Illegal
Tax

EU Finds Belgian ‘Excess Profit’ Tax Break Illegal

The decision requires Belgium to recover about $762 million from at least 35 multinationals that benefited from the tax loophole.
By Matthew Heller | January 11, 2016
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Apple Adds Jobs in Ireland as Tax Ruling Looms
Technology

Apple Adds Jobs in Ireland as Tax Ruling Looms

CEO TIm Cook affirms Apple's commitment to Ireland, where the company is expanding its Cork campus to accommodate a growing workforce.
By Katie Kuehner-Hebert | November 11, 2015
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EU Finds Tax Breaks for Starbucks, Fiat Illegal
Tax

EU Finds Tax Breaks for Starbucks, Fiat Illegal

The unprecedented decisions could spell trouble for other multinationals that have made deals with European governments as part of tax avoidance strategies.
By Matthew Heller | October 21, 2015
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Tax Breaks Gridlock Weighs on CFOs
The Economy

Tax Breaks Gridlock Weighs on CFOs

A new survey says indecision over a bill to extend more than 50 tax breaks is contributing to CFOs' uncertainty about growth.
By Matthew Heller | August 27, 2015
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