Taxes

Taxes Articles

These companies have cut their effective tax rates the most and boosted their net income at the same time.
Life Time Fitness saw its shares surge on Monday on news that it was exploring a potential conversion of its real estate assets into a REIT.
ThinkstockIntuit Inc. (NASDAQ: INTU) has reported earnings. The tax software giant’s earnings came in at -$0.14 in earnings per share and $714 million in revenue. Thomson Reuters had estimates of...
ThinkstockApparently, $100 is not worth $100 everywhere in America. At least that is the conclusion of a study from the Tax Foundation, which has provided this sort of information since 1937. For...
ThinkstockWinning the lottery has been the dream of many individuals, and not just in the United States. The lottery is also frequently referred to as an idiot tax. And now there may be a double...
Walgreen has decided to maintain its U.S. home, disappointing some big investors but very likely dodging a nasty reaction from U.S. consumers and the federal government.
Add one more to the litany of pharmaceutical company mergers that are being made to avoid U.S. taxes. Mylan's existing business with part of Abbott's generic drug business.
ThinkstockThe United States is slowly reversing course on banning marijuana. Colorado led the way in passing laws that allow recreational use of marijuana and cannabis products, and now the opening...
ThinkstockIn a 55-year period between 1998 and 2052, some $59 trillion of U.S. wealth will be transferred. That total exceeds an estimate of $52 trillion in wealth transfer made in 1999, and includes...
The $42.9 billion merger between medical device makers Medtronic and Covidien was officially confirmed early Monday morning. The deal is a so-called tax inversion.
As the slow tax season over summer is approaching, we are reviewing tax data from states around the U.S. to see how things are coming along. In California, it looks as though the gains made in the...
ThinkstockThe Pennsylvania Lottery announced on Wednesday that it sold its first jackpot winning Mega Millions lotto ticket from the Tuesday, May 20, drawing. Someone just became incredibly wealthy...
At Wednesday's annual meeting of Google shareholders, the Domini Social Equity Fund and several co-filers submitted a proposal for consideration on how Google will formulate its approach to taxes.
Allergan has been a great company, and it can still be one in the future. The question is whether this greatness will be as an independent company or as a subsidiary of Valeant Pharmaceuticals.
A new report from a coalition called Americans for Tax Fairness claims that Walmart, Chairman Rob Walton and the entire Walton family owe the United States some $7.8 billion in taxes for 2013.