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U.S. Department of the Treasury

A collection of news and information related to U.S. Department of the Treasury published by this site and its partners.

Top U.S. Department of the Treasury Articles

Displaying items 109-120
  • Treasury moves against 'inversion' deals

    Treasury moves against 'inversion' deals
    WASHINGTON -- Moving against tax avoidance by corporations, the Obama administration took several actions on Monday to curb “inversion” deals that allow companies to escape high U.S. taxes by reincorporating abroad. The Treasury Department...
  • Russian state arms maker to sell plant to bypass Western sanctions

    MOSCOW (Reuters) - Russia's Rostec, a state-owned conglomerate hit by Western sanctions over Ukraine, will sell a small arms factory to a businessman who is not blacklisted to allow further sales to Europe and the United States, officials and sources...
  • U.S. court revives case accusing RBS' NatWest of aiding Hamas

    NEW YORK (Reuters) - A U.S. appeals court on Monday revived lawsuits against National Westminster Bank by about 200 victims of attacks in Israel attributed to Hamas who are seeking to hold the bank liable for handling transactions linked to the group....
  • Soft economic data, Syria strikes hit US, European markets

    NEW YORK — U.S. and European stocks mostly fell Tuesday following some disappointing economic reports and news that U.S.-led forces have started airstrikes against Islamic State militants in Syria. KEEPING SCORE: The Dow Jones industrial average...
  • U.S. Treasury moves against tax-avoidance 'inversion' deals

    WASHINGTON (Reuters) - Moving against tax avoidance by corporations, the Obama administration took several actions on Monday to curb "inversion" deals that allow companies to escape high U.S. taxes by reincorporating abroad. The Treasury Department...
  • Arab Bank verdict risks erosion of anti-terror controls: industry

    ST. LOUIS (Reuters) - A U.S. court verdict this week finding that Arab Bank Plc provided material support to Hamas could cause banks to cut ties to foreign banks and customers and make it even harder to monitor the financing of militant networks,...
  • The Obama administration's incomplete answer to corporate inversions

    Obama administration officials freely admit that their new effort to deter corporate inversions -- a form of accounting fiction U.S. corporations are increasingly using to avoid taxes on income they earn in foreign countries -- won't actually stop the...
  • Stricter tax inversion rules punish stocks of firms mulling such moves

    Stricter tax inversion rules punish stocks of firms mulling such moves
    The Obama administration's tougher rules on offshore corporate inversions had an immediate effect Tuesday, pushing down the stock prices of companies considering such moves. But the highly technical changes to the tax code did not appear to go far...
  • Obama administration moves to discourage corporate 'inversions'

    WASHINGTON The Obama administration announced regulatory steps Monday to deter U.S. corporations from merging with foreign companies and shifting their headquarters to countries with lower tax rates. The new measures, which take effect immediately, would...
  • New rules not likely to stop Chiquita inversion, expert says

    Tougher new Treasury Department rules meant to deter companies from moving offshore for lower taxes come as Charlotte, N.C.-based Chiquita Brands International is planning to merge with an Irish produce company and move its headquarters to Dublin. But...
  • Everyone is for corporate tax overhaul; why doesn't it happen?

    WASHINGTON President Barack Obama's announced crackdown on what he calls an unpatriotic move by U.S. corporations to shift their headquarters and tax bills to low-tax countries is raising the question of why the U.S. simply doesn't cut its corporate tax...
  • Foreigners snub long-term US assets for second month in July

    NEW YORK (Reuters) - Foreigners sold long-term U.S. securities in July for a second straight month, led by outflows in Treasuries, stocks, and corporate bonds, data from the U.S. Treasury Department showed on Tuesday. Net sales of long-term U.S. assets...