Search Results for: United States Congress
IMF Managing Director Christine Lagarde Welcomes U.S. Congressional Approval of the 2010 Quota and Governance Reforms
December 21st, 2015
Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today welcomed the adoption of legislation by the U.S. Congress to authorize the 2010 Quota and Governance Reforms. “The United States Congress approval of these reforms is a ...
Congress reaches deal for $1.1 trillion U.S. spending bill
December 10th, 2014
Congressional negotiators unveiled a $1.1 trillion U.S. spending bill that aims to avoid a government shutdown at midnight on Thursday and punts an immigration showdown between Republicans and President Barack Obama until February. As the funding deadline loomed, Republicans successfully negotiated ...
Tax Reform Not Included In Obama, Congress Meeting
November 11th, 2014
While there had been some hope of immediate moves towards United States corporate tax reform after the mid-term election results, the first joint meeting on November 7 between President Barack Obama and Republican lawmakers, who will now control both ...
Lame Duck Congress Likely to Pass Tax Extenders
November 7th, 2014
A panel of Congressional staffers was unanimously optimistic Thursday morning that the lame-duck Congress would pass a package of “extenders,” including ones that would preserve tax breaks for research and development investments and purchases of equipment. Summing up the ...
Argentina’s Congress passes debt restructuring law
September 11th, 2014
Argentina’s Congress gave final approval on Thursday to a law proposing to restructure the country’s debt to skirt a U.S. court ruling that forced it into its second default in 12 years. The debt restructuring plan aims to enable ...
Mexican Congress Approves New Rules for Oil Industry
August 6th, 2014
Mexico’s Congress approved on Tuesday a sweeping overhaul of the energy industry that cleared the way for international giants to tap Mexico’s rich reserves of oil and gas. The new legislation is the centerpiece of President Enrique Peña Nieto’s ...
US Congress To Deny Contracts To Inverters
August 1st, 2014
With pressure growing for the United States Congress to move forward on legislation to halt the flow of “corporate inversions” in the short-term, the Fair Federal Contracts Act has been introduced in both the Senate and the House of ...
More U.S. companies doing deals to avoid U.S. taxes: Congress study
July 8th, 2014
Seventy-six U.S. corporations have shifted their tax domiciles out of the United States to other countries since 1983 to avoid U.S. taxes, with a sharp increase recently in such deals, a policy research arm of Congress said on Monday. ...
Cyprus, Ghana and Kenya join growing list of countries to create beneficial ownership registries
April 15th, 2021
An infamous tax haven in the heart of Europe and two of Africa’s largest economies will force companies to declare their owners, joining a growing list of countries responding to public pressure over crime and tax avoidance enabled by ...
Asian shares mixed as worries percolate over pandemic; Euro to Dollar weakened
September 23rd, 2020
Markets were mixed in Asia on Wednesday as investors kept a wary eye on how the coronavirus pandemic will affect the economic outlook. Stocks slipped in Japan and Hong Kong but rose in Seoul and Shanghai and jumped more ...