Bermuda on Tuesday took steps toward adopting a corporate income tax as part of a move alongside nearly 140 other countries to overhaul tax regimes to deter large multinational companies from booking profits in the lowest-tax nations. The Bermudan government …
American International Group Inc. Chairman Steve Miller said lawmakers should bring U.S. corporate tax rates in line with other nations’ to halt firms from switching their legal address to cut obligations. The U.S. corporate tax rate of 35 percent is …
Republican legislative leaders and Gov. Pat McCrory brimmed with optimism early this year about prospects for passing a North Carolina tax code overhaul that most agree has been needed for decades. Still, they didn’t predict smooth sailing. General Assembly members …
