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United States News - Business, Taxation & Offshore

GOP Pressurizes Democrats Over 'Fiscal Cliff'

by Mike Godfrey, Tax-News.com, Washington

Last updated 2 hours ago | Monday, May 21, 2012

In a letter to the United States Senate Majority Leader, Harry Reid, 41 Republican Senators, led by Ranking Member of the Finance Committee Orrin Hatch, and Republican Leader Mitch McConnell have urged him to take immediate action to stop the largest tax increase in history, set to take place on January 1, 2013. Read Full Story


US Imposes Anti-Dumping Duties On Chinese Solar Cells

by Leroy Baker, Tax-News.com, New York

Last updated 2 hours ago | Monday, May 21, 2012

Despite concerns that its decision may raise prices and harm the United States alternative energy sector, the Department of Commerce has announced a preliminary determination to impose antidumping duties on imports of crystalline silicon photovoltaic cells, whether or not assembled into solar cells, from China. Read Full Story


TPP Negotiations Make 'Better-Than-Expected' Progress

by Mike Godfrey, Tax-News.com, Washington

Last updated 2 hours ago | Monday, May 21, 2012

The Office of the United States Trade Representative has confirmed that the twelfth round of negotiations, held recently outside Dallas, Texas, on the proposed extension to the Trans-Pacific Partnership, between Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, the US and Vietnam, made better-than-expected progress. Read Full Story