The U.S. corporate tax rate stands at 35%, the highest in the industrialized world. But finding companies that actually pay 35% is another story.
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2011
9
Feb
2011
7
Feb
As the political unrest in Egypt continues, corporate America is watching and holding its breath. Already, many companies with operations in Egypt have had to adjust. Procter & Gamble, for example, had to close its Cairo facilities and evacuate foreign national employees. The protest is affecting the worldwide commodities markets too — oil prices spiked to $100 this week and have stayed high on the assumption that the conflict in Egypt could disrupt crucial oil transit routs.
2011
7
Feb
Taking an unusual tact to dealing with a $3.6 billion budget deficit, Florida Gov. Rick Scott unveiled a budget Monday that cuts $4 billion in property and corporate income taxes.
