Tag: tax holiday

Federal, Policy

Why Trump’s payroll tax holiday may be a lose-lose for workers and their firms

September 14, 2020


It’s been nearly two weeks since President Donald Trump’s payroll tax deferral took effect – and large employers so far seem to have little appetite for the holiday. Starting on Sept. 1, employers could defer collection of the 6.2% tax […]

Federal, Policy

Apple could bring home billions in taxes if US passes a tax holiday

September 2, 2016

Via: ArsTechnica

In an interview with Irish public broadcaster RTÉ, Apple CEO Tim Cook said Thursday that the company planned on bringing billions of dollars held overseas back to the United States to be subject to American taxes. “We provisioned several billion […]