Biden administration rules released on Friday that will determine which companies and manufacturers can benefit from new solar industry tax credits are being criticized by U.S.-based makers of solar products, who say the guidelines do not go far enough to try to lure manufacturing back from China. The rules stem from President Biden’s sweeping clean […]
Tag: Tax
U.K. Government Goes Full Tilt on Tax Cuts and Free-Market Economics
The new administration’s proposals are a sharp break from the era of Boris Johnson, and they represent a turn toward Thatcherism.
How Joe Manchin Left a Global Tax Deal in Limbo
WASHINGTON — In June, months after reluctantly signing on to a global tax agreement brokered by the United States, Ireland’s finance minister met privately with Treasury Secretary Janet L. Yellen, seeking reassurances that the Biden administration would hold up its end of the deal. Ms. Yellen assured the minister, Paschal Donohoe, that the administration would […]