Corporate taxes

In this Thursday, Sept. 19, 2019, photo, a man holding a cup of coffee monitors the stock prices at a brokerage house in Beijing. Asian shares were mostly higher on Friday, Sept. 20, 2019 after a lackluster session on Wall Street, as investors shifted their focus to China-U.S. trade talks after a busy week of central bank news. (AP Photo/Andy Wong)
September 20, 2019 - 4:11 am
BANGKOK (AP) — World shares were mixed on Friday, while India's benchmark jumped more than 5% after the government announced plans to cut corporate taxes. Germany's DAX fell 0.1% to 12,440.12 and the CAC 40 in France lost 2.9 points to 5,656.24. Britain's FTSE 100 gave up 0.3% to 7,334.05. Wall...
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FILE - In this Sept. 5, 2019, file photo, Indian workers prepare packing of clutch buttons at an auto component manufacturing factory on the outskirts of New Delhi, India. Asian shares advanced Friday, Sept. 20, 2019, and India’s benchmark jumped 5.4% after the government announced plans to cut corporate taxes. (AP Photo/Altaf Qadri, File)
September 20, 2019 - 3:52 am
NEW DELHI (AP) — The Indian government on Friday announced a slew of concessions aimed at boosting the economy that will reduce most corporate taxes for local companies to about 25% from 30%. Finance Minister Nirmala Sitharaman said the lower tax rates will retroactively apply from April 1, the...
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FILE - In this Sept. 5, 2019, file photo, Indian workers prepare packing of clutch buttons at an auto component manufacturing factory on the outskirts of New Delhi, India. Asian shares advanced Friday, Sept. 20, 2019, and India’s benchmark jumped 5.4% after the government announced plans to cut corporate taxes. (AP Photo/Altaf Qadri, File)
September 20, 2019 - 3:38 am
NEW DELHI (AP) — The Indian government has cut most corporate taxes for local companies to about 25% from 30% to help boost growth and encourage investment. Finance Minister Nirmala Sitharaman said the tax concessions, announced Friday retroactively apply from April 1, the beginning of India's...
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FILE - In this July 16, 2019, file photo an American flag flies on the Capitol Dome in Washington. On Thursday, Sept. 12, the Treasury Department releases federal budget data for August. (AP Photo/Carolyn Kaster, File)
September 12, 2019 - 3:49 pm
WASHINGTON (AP) — The U.S. government's budget deficit increased by $169 billion to $1.07 trillion in the first 11 months of this budget year as spending grew faster than tax collections. The Treasury Department reported Thursday that the deficit with just one month left in the budget year is up 18...
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Fall River Mayor Jasiel Correia speaks beside his attorney Kevin Reddington outside the federal courthouse, Friday, Sept. 6, 2019, in Boston, after his appearance on bribery, extortion and fraud charges. Correia pleaded not guilty. (AP Photo/Philip Marcelo)
September 06, 2019 - 4:51 pm
BOSTON (AP) — A young Massachusetts mayor's tortuous tenure took another strange turn Friday when he was arrested on charges he conspired to extort hundreds of thousands of dollars from companies seeking to operate marijuana businesses. Fall River Mayor Jasiel Correia, who became the old mill city'...
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FILE - In this Oct. 16, 2018 file photo, Mayor Jasiel Correia speaks about his indictment during a news conference in Fall River, Mass. Correia was arrested on Friday, Sept. 6, 2019, and faces additional charges. (Dave Souza/The Herald News of Fall River via AP, File)
September 06, 2019 - 3:49 pm
BOSTON (AP) — A young Massachusetts mayor's tortuous tenure took another strange turn Friday when he was arrested on charges he conspired to extort hundreds of thousands of dollars from companies seeking to operate marijuana businesses. Fall River Mayor Jasiel Correia, who became the old mill city'...
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Indian Finance Minister Nirmala Sitharaman, center, and junior Finance Minister Anurag Thakur, left, stands for the media at the parliament house before presenting the annual federal budget in New Delhi, India, Friday, July 5, 2019. India's government says the economy is expected to grow at 7% in 2019-20, up from a five-year low of 6.8% in the past year. (AP Photo/Manish Swarup)
July 05, 2019 - 1:33 pm
NEW DELHI (AP) — Indian Prime Minister Narendra Modi's government on Friday proposed heavy investments in infrastructure, the digital economy and job creation to lift a sluggish economy burdened with a 45-year-high unemployment rate of 6.1%. Unveiling a draft budget after a major victory in...
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U.S. Treasury Secretary Steven Mnuchin, right, delivers a speech during the G20 Ministerial Symposium on International Taxation in the G20 Finance Ministers and Central Bank Governors meeting in Fukuoka, southern Japan Saturday, June 8, 2019. Finance chiefs of the Group of 20 major economies meeting in the Japanese city of Fukuoka are debating how to revise tax systems to ensure big companies pay their fair share and support economies as global growth slows. (Toshifumi Kitamura/Pool Photo via AP)
June 08, 2019 - 12:51 am
FUKUOKA, Japan (AP) — Finance chiefs of the Group of 20 major economies meeting in the Japanese city of Fukuoka debated Saturday over how to revise tax systems to ensure big companies pay their fair share and support economies as global growth slows. One aim is to prevent a "race to the bottom" by...
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U.S. Treasury Secretary Steven Mnuchin, right, delivers a speech during the G20 Ministerial Symposium on International Taxation in the G20 Finance Ministers and Central Bank Governors meeting in Fukuoka, southern Japan Saturday, June 8, 2019. Finance chiefs of the Group of 20 major economies meeting in the Japanese city of Fukuoka are debating how to revise tax systems to ensure big companies pay their fair share and support economies as global growth slows. (Toshifumi Kitamura/Pool Photo via AP)
June 07, 2019 - 10:26 pm
FUKUOKA, Japan (AP) — Finance chiefs of the Group of 20 major economies meeting in the Japanese city of Fukuoka debated Saturday over how to revise tax systems to ensure big companies pay their fair share and support economies as global growth slows. One aim is to prevent a "race to the bottom" by...
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Former vice president and Democratic presidential candidate Joe Biden speaks to potential voters during a campaign event, Tuesday, June 4, 2019, in Berlin, N.H. (AP Photo/Elise Amendola)
June 04, 2019 - 6:18 pm
Democratic presidential candidate Joe Biden is pitching a $5 trillion-plus climate proposal that he says would lead the U.S. to net zero emission of carbon pollution by 2050. The former vice president calls for $1.7 trillion in federal spending over 10 years, with the rest of the investments coming...
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