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President Donald Trump’s tariffs have been highly disruptive, but at least America’s economy does not depend heavily on trade ...
The Internal Revenue Service issued final regulations Wednesday for a 2 percent tax on payments from the U.S. government to foreign contractors. The final regulations relate to section 5000C of the ...
The Obama administration plans to raise revenue in part by cracking down on companies that classify employees as independent contractors and arrange for dubious foreign tax credits. The administration ...
Image Credit: AP Washington: New US contracts with foreign companies will now be ... agencies an incentive to use US companies as contractors. The tax will raise $4.6 billion (Dh16.8 billion ...
Those subsidiaries helped the contractors reduce taxes, in part by avoiding Social Security and Medicare payroll taxes for U.S. workers hired at the foreign subsidiaries, GAO auditors said.
Government plans to remove all tax waivers given to foreign contractors undertaking government projects are welcome. However, the tax reliefs should have been introduced years back, when the ...
By Keith Bradsher Reporting from Beijing Foreign and local companies in China are increasingly the targets of tax audits and other ... is Apple’s main contractor for the production of everything ...