Latest Corporate taxes News

FILE - In this April 18, 2020, file photo, tents line a sidewalk on Golden Gate Avenue in San Francisco. A coalition in California is proposing legislation to boost taxes on wealthy multi-national corporations to raise more than $2 billion a year to end homelessness. Supporters say Assembly Bill 71, if approved, would

Proposed corporate tax hike in California would aid homeless

Jan. 13, 2021 6:20 PM EST

SAN FRANCISCO (AP) — A California coalition is proposing legislation to boost taxes on wealthy multinational corporations to raise more than $2 billion a year to house tens of thousands of homeless people, addressing what has become a worsening problem in the country's most populous state. Supporters say...

FILE - In this Sept. 29, 2020 file photo, former Nissan Motor Co. Chairman Carlos Ghosn holds a press conference at the Maronite Christian Holy Spirit University of Kaslik, north of Beirut, Lebanon. In an opinion published Monday, Nov. 23, 2020, a panel of human rights experts working with the United Nations says former Renault-Nissan boss Carlos Ghosn was wrongly detained in Japan in late 2018 and has urged “compensation” and “other reparations” for him from the Japanese government. (AP Photo/Hussein Malla, file)

French investigators to question Carlos Ghosn in Lebanon

Dec. 26, 2020 11:14 AM EST

BEIRUT (AP) — A team of French investigators will come to Beirut next month to participate in interrogating former Renault-Nissan boss Carlos Ghosn, a Lebanese justice ministry official said Saturday. The official gave no specific date or details of what information the investigators would seek from...

President Donald Trump waves as he boards Air Force One at Andrews Air Force Base, Md., Wednesday, Dec. 23, 2020. Trump is traveling to his Mar-a-Lago resort in Palm Beach, Fla. (AP Photo/Patrick Semansky)

A look at the 29 people Trump pardoned or gave commutations

Dec. 24, 2020 12:26 AM EST

WASHINGTON (AP) — For a second night in a row, President Donald Trump issued a round of pardons and commutations in the final weeks of his presidency, giving full pardons to his former campaign chairman, his son-in-law’s father and another of his allies convicted in special counsel Robert...

President Donald Trump waves as he boards Air Force One at Andrews Air Force Base, Md., Wednesday, Dec. 23, 2020. Trump is traveling to his Mar-a-Lago resort in Palm Beach, Fla. (AP Photo/Patrick Semansky)

A look at the 29 people Trump pardoned or gave commutations

Dec. 23, 2020 11:19 PM EST

WASHINGTON (AP) — For a second night in a row, President Donald Trump issued a round of pardons and commutations in the final weeks of his presidency, giving full pardons to his former campaign chairman, his son-in-law’s father and another of his allies convicted in special counsel Robert...

FILE - In this May 14, 2020, file photo Champagne is poured at a table where mannequins will provide social distancing at the Inn at Little Washington as they prepare to reopen their restaurant in Washington, Va. Stuffed into the new emergency relief package is a morsel that President Donald Trump has long had on the buffet of his economic wish list: restoring full tax breaks for restaurant business meals. (AP Photo/Steve Helber, File)

Writing off more of that 3-martini lunch is causing a stir

Dec. 22, 2020 7:08 PM EST

WASHINGTON (AP) — Stuffed into the new emergency relief package is a morsel that President Donald Trump has long had on the buffet of his economic wish list: restoring full tax breaks for restaurant business meals. But experts say it’s scant immediate help for an industry reeling from the pandemic,...