News
Bloomberg | Tax-Cut Promises Meet Reality as State Tax Growth Flags
Bold talk of cutting state income taxes is becoming muted as U.S. governors and legislatures face the reality that they can’t afford to keep their promises, even in an improving economy.
Bloomberg | Credit Suisse Said Near U.S. Tax Deal for Over $1 Billion
Credit Suisse Group AG (CSGN) is close to resolving a U.S. tax-evasion probe with an agreement that might include a penalty of more than $1 billion, after creating a separate entity last year to house the businesses involved.
WSJ | Hollande Promises to Turn Around French Economy With Tax Cuts
French President François Hollande said Tuesday he will forge ahead with his plans to cut public spending and grant tax breaks to business, acknowledging French people are angry after he failed to deliver on pledges to turn around the economy.
