multinationals

: TaxVox

Last Minute, or Second- or Third-to-Last Minute, Deals Before the Holidays

Congress blows yet another budget deadline . After missing its chance to approve a spending bill to keep the government running after Thursday, Congress is now planning to vote this week on a very short-term continuing resolution —one good for just a few days. The measure is designed to keep the

December 10, 2014Renu Zaretsky

Individual Taxes: TaxVox

Did Multinationals Use a Foreign Earnings Tax Holiday To Burnish Their Financials Rather Than Reduce Taxes?

We've known for years that the 2004 repatriation tax holiday did little to boost domestic investment or create U.S. jobs, as promised by its backers. Now we are learning that many multinational corporations were not even interested in using the temporary holiday to cut their taxes. Instead,

June 11, 2014Howard Gleckman