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BAT Business Congress tax free taxes 

Republicans debating remedies for corporate tax avoidance

June 18, 2017 By David Morgan WASHINGTON (Reuters) – President Donald Trump and Republican leaders in Congress will soon confront a complex challenge for tax reform: how to limit U.S. corporate tax avoidance schemes that take advantage of low tax rates in foreign countries.Congressional and administration staff have begun to examine options to address profit-shifting schemes that include so-called transfer pricing, earnings stripping and tax inversions. A decision on how to handle these in tax legislation could come before Congress leaves town for its one-week July 4 recess on June…

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2016 election BAT Congress Republicans Economy taxes Top News 

White House, Congress Republicans nearing key tax overhaul decisions

June 9, 2017 By David Morgan WASHINGTON (Reuters) – The Trump administration and top Republicans in U.S. Congress are within a few weeks of agreeing on central aspects of a tax overhaul plan that will determine the contours of legislation now expected in September, an administration official told Reuters this week. Under pressure from business groups and rank-and-file Republicans, Trump officials and congressional leaders still need to decide how much to slash tax rates and if the package should increase the federal budget deficit, administration and congressional sources said. The…

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