Stories tagged: taxes
THURSDAY, DEC. 8, 2016, 1:45 P.M.
McDonald’s moves tax base to UK as EU attacks burger giant
McDonald’s Corp. shrugged off Brexit by announcing plans to switch its non-U.S. tax base to the U.K., ditching tiny Luxembourg where its fiscal arrangements are under attack from European Union …
THURSDAY, DEC. 8, 2016, 10:23 A.M.
Portland OKs tax on companies with high-paid CEOs
The Portland City Council has approved a first-of-its-kind tax on public companies that pay their chief executives vastly more than they pay an average worker.
WEDNESDAY, NOV. 30, 2016, 2:43 P.M.
Huge unanswered questions about Trump’s deal with Carrier to save Indiana jobs
We don’t know yet, for certain, how Donald Trump and Mike Pence convinced Carrier to reverse course and decide not to ship close to 1,000 Indiana jobs to Mexico. What …
WEDNESDAY, NOV. 30, 2016, 8:15 A.M.
Trump’s Treasury, Commerce nominees say no ‘absolute’ tax cut for the wealthy, predict faster economic growth
President-elect Donald Trump’s nominee to lead the Treasury Department on Wednesday called reforming the nation’s tax code his top priority, promising significant tax breaks for the middle class but no …
WEDNESDAY, NOV. 30, 2016, 7:59 A.M.
Carrier says it has deal with Trump to keep jobs in Indiana
Air conditioning company Carrier Corp. says it has reached a deal with President-elect Donald Trump to keep nearly 1,000 jobs in Indiana. Trump and Vice President-elect Mike Pence plan to …
WEDNESDAY, NOV. 30, 2016, 7:55 A.M.
Treasury nominee Mnuchin was Trump’s top fundraiser
Steven Mnuchin, President-elect Donald Trump’s expected choice to be the nation’s 77th treasury secretary, has had a long history as a successful financial executive and a shorter but significant period …
TUESDAY, NOV. 29, 2016, 11:50 A.M.
Lawmakers to consider taxes on medical marijuana
Montana lawmakers will be asked to consider placing a tax on the sale of medical marijuana.
MONDAY, NOV. 28, 2016, 8:48 A.M.
WTO says Boeing offered illegal tax breaks by Washington Legislature
A World Trade Organization panel on Monday ruled that Washington state offered billions in illegal tax breaks to plane maker Boeing, and that the U.S. government must take action to …
TUESDAY, NOV. 22, 2016, 1:39 P.M.
Doctor who hid $3.6 million to evade taxes loses medical license
State officials have permanently revoked the medical license of a New Jersey doctor who recently admitted concealing more than $3.6 million to evade taxes and pay kickbacks for referrals.
TUESDAY, NOV. 22, 2016, 9:24 A.M.
Trump Foundation apparently admits to violating ban on ‘self-dealing,’ new filing to IRS shows
President-elect Donald Trump’s charitable foundation has apparently admitted to the IRS that it violated a legal prohibition against “self-dealing,” which bars nonprofit leaders from using their charity’s money to help …
MONDAY, NOV. 14, 2016, 3:23 P.M.
Olympia voters reject income tax measure
Voters in Olympia have rejected an income tax on the city’s highest earners.
FRIDAY, NOV. 11, 2016, 8:20 P.M.
What Donald Trump’s win could mean for the average consumer
During his presidential campaign, Donald Trump proposed sweeping changes that could have huge implications for the average American’s finances. Since winning the election, Trump has yet to release many specifics …
FRIDAY, NOV. 11, 2016, 4:46 P.M.
Spokane marijuana industry more concerned about local policies than what Trump might do
The question marks surrounding President-elect Donald Trump’s victory Tuesday extend to Washington’s marijuana industry.
THURSDAY, NOV. 3, 2016, 2:35 P.M.
Study: Obama tax hikes on rich didn’t hurt economy or the wealthy
President Barack Obama’s 2013 tax increases for wealthy Americans neither slowed their income growth nor hurt the economy, according to a study that taps into a key debate in the …
THURSDAY, NOV. 3, 2016, 10:55 A.M.
Victims of stolen tax refunds down 50 percent this year, IRS says
The number of people who reported having phony tax returns filed in their names fell by more than 50 percent this year from 2015, the Internal Revenue Service said Thursday.
TUESDAY, OCT. 4, 2016, 12:58 P.M.
Did Donald Trump really earn only $6,108 in wages in 1994?
The bombshell leak of portions of Donald Trump’s 1995 tax returns show that he declared a minuscule wage income that year for a man of his wealth and corporate responsibilities.
MONDAY, OCT. 3, 2016, 4:10 P.M.
Trump says he ‘brilliantly used’ tax laws to his advantage
Donald Trump addressed the intense national scrutiny of his taxes Monday, saying at a rally here that he “brilliantly used” tax laws to his advantage.
SUNDAY, OCT. 2, 2016, 2:46 P.M.
Trump hopes to revive campaign after tax discovery caps a week of ‘self-sabotage’
Donald Trump’s campaign, reeling Sunday after a report that the business mogul may not have paid taxes for as many as 18 years after declaring a $916 million loss on …
SATURDAY, OCT. 1, 2016, 8:21 P.M.
Trump could have avoided paying taxes for 18 years, report says
Donald Trump declared a loss of $916 million on his income tax returns for 1995, and – because of tax rules that favor wealthy real estate investors – he could …
TUESDAY, SEPT. 27, 2016, 11:14 A.M.
IRS to eliminate more than 7,000 jobs as fewer people file paper tax returns
In Covington, Kentucky, a small city of 40,000 just outside Cincinnati, times could be better. Median household income is just around $35,000. Twenty percent of the population doesn’t have health …
MONDAY, SEPT. 19, 2016, 6:01 P.M.
Trump tax plan may cost $1.5 trillion more than he says
Donald Trump’s tax plan may cost $1.5 trillion over the next decade more than he has projected and skew even more to the wealthy, according to a nonpartisan analysis released …
THURSDAY, SEPT. 15, 2016, 10:45 A.M.
Republican deal averts vote on impeaching head of IRS
A last-minute deal between conservatives and GOP leaders in the House averted votes expected Thursday on a measure to impeach the commissioner of the IRS.
THURSDAY, SEPT. 15, 2016
Valley looking for new funding source for roads
With decline of landlines, Spokane Valley faces a tough reality: Switch utility tax to natural gas or power, or run out of road maintenance funds.
WEDNESDAY, SEPT. 14, 2016, 1:30 P.M.
Crowdfunding campaign will donate $6 million to vets if Trump releases tax returns
A 26-year-old Marine Corps veteran has launched a crowdfunding campaign that he says will donate $6 million to veterans organizations if Donald Trump releases his tax returns. The campaign, which …
SATURDAY, SEPT. 10, 2016, 11:33 A.M.
Court rules income tax measure can appear on ballot
The Court of Appeals has ruled that a ballot measure to create an income tax for some city of Olympia residents should appear on the November ballot.
SUNDAY, SEPT. 4, 2016, 6:43 A.M.
G-20 economic summit opens amid sluggish growth, trade disputes
Chinese President Xi Jinping called Sunday for leaders of the United States, Germany and other major economies to resist pressure to raise trade barriers as they opened a summit amid …
SUNDAY, SEPT. 4, 2016, 5:29 A.M.
Pence to release tax returns next week; no word on release by Donald Trump
Republican vice presidential hopeful Mike Pence is ready to release his tax returns. But don’t expect the same from Donald Trump.
WEDNESDAY, AUG. 31, 2016, 12:39 P.M.
Apple’s tax fight could spur congressional action, treasury secretary says
U.S. Treasury Secretary Jacob Lew is criticizing a European ruling that Apple owes more than $14.5 billion in back taxes. He says the decision may spur Congress to finally address …
WEDNESDAY, AUG. 31, 2016, 6:21 A.M.
Lewiston firm Presnell Gage notifying clients of information hacks
Lewiston-based accounting firm Presnell Gage is in the process of notifying about 100 individuals or companies that their information may have been hacked during a data breach in the past …
THURSDAY, AUG. 25, 2016, 7:55 A.M.
Judge rules Olympia income tax measure invalid
A superior court judge has ruled that a ballot measure that would create an income tax for some city of Olympia residents was invalid and would not appear on the …