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United States News - Business, Taxation & Offshore




Mexico 'Would Retaliate' Against Trump Tariffs

by Mike Godfrey, Tax-News.com, Washington

Last updated 16 hours ago | Monday, January 16, 2017

In press interviews, Mexico's Economy Minister, Ildefonso Guajardo, has said that while US president-elect Donald Trump's threatened import tariffs are a global problem, Mexico will have to be prepared to retaliate immediately with its own measures.Read Full Story

 

US Congress Receives Bill To Cancel CEO Tax Breaks

by Mike Godfrey, Tax-News.com, Washington

Friday, January 13, 2017

Legislation has been introduced in Congress to stop the unlimited US corporate tax deductions allowed for performance-based executive pay.Read Full Story

 

 

US Progresses Trade Disputes With China

by Leroy Baker, Tax-News.com, Washington

Friday, January 13, 2017

The US Department of Commerce has announced its final decision to impose anti-dumping margins and anti-subsidy countervailing duties on Chinese imports of biaxial integral geogrid products, used as a foundation in the construction of roads and railways.Read Full Story

 

Trump Reemphasizes His Tariff Threat

by Scott Hamilton, Tax-News.com, Washington

Thursday, January 12, 2017

On January 11, during his first press conference since the election, President-elect Donald Trump reemphasized his plan for import tariffs on US multinational companies that move their production abroad at the cost of US jobs and then sell products back into the United States.Read Full Story

 

 

USITC Accepting Comments On Tariff Cut Petitions

by Scott Hamilton, Tax-News.com, Washington

Thursday, January 12, 2017

On January 11, the US International Trade Commission began accepting comments on petitions it has received seeking import duty suspensions and reductions in accordance with the new Miscellaneous Tariff Bill process.Read Full Story

 

IRS Warns On Email Scheme Targeting Tax Professionals

by Mike Godfrey, Tax-News.com, Washington

Friday, January 13, 2017

The US Internal Revenue Service has warned accounting and tax preparation firms to be alert to an email scam from cybercriminals posing as clients soliciting their services.Read Full Story