A Corporate Minimum Tax Aimed at Closing ‘Loopholes’ Leaves Gaps

The Treasury Department estimates that a new law requiring big companies to pay a 15 percent tax will raise $250 billion from large corporations over the next 10 years. United States Politics and Government, Corporate Taxes, Law and Legislation, Tax Credits, Deductions and Exemptions, Presidential Election of 2024, Harris, Kamala D, Biden, Joseph R Jr, Internal Revenue Service, Treasury Department, Inflation Reduction Act of 2022 The Treasury Department estimates that a new law requiring big companies to pay a 15 percent tax will raise $250 billion from large corporations over the next 10 years. NYT > Business

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