Profitable U.S. utility companies are not paying their "fair share" in taxes, according to a new report from the Institute for Policy Studies.
On Wednesday, U.S. Sens. Dick Durbin (D-IL) and Chuck Schumer (D-NY), unveiled the text of a bill that looks to prevent tax dodges by companies that use inversions.
U.S. Sen. Dick Durbin is blasting Burger King over its plan to to purchase Ontario-based Tim Hortons, Inc., a coffee and doughnut chain.
Republican gubernatorial candidate Bruce Rauner funneled part of his wealth to a Caribbean territory long considered a tax haven, a business practice the venture capitalist defended on Sunday, stressing there was no impact on his personal tax rate.