0.9 C
New York

Tag: break

Oil giant Shell misses on profit as Dan Loeb calls for break up

Gasoline prices at a Royal Dutch Shell Plc gas station in San Francisco, California, U.S., on Wednesday, July 7, 2021.David Paul Morris | Bloomberg | Getty ImagesLONDON — Oil giant Royal Dutch Shell on Thursday reported weaker-than-expected third-quarter earnings as New York-based hedge...

Democratic Senator floats bill to redo pass-through business tax break

Sen. Ron Wyden, D-Ore., speaks during a Senate Finance Committee nomination hearing for Deputy Treasury Secretary nominee Adewale Adeyemo on Feb. 23, 2021.Greg Nash | Pool | ReutersSenate Finance Committee Chairman Ron Wyden, D-Ore., on Tuesday released a bill to overhaul a controversial...

Senate infrastructure bill ends a Covid-era business tax break early

Samuel Corum | Getty Images News | Getty ImagesA newly unveiled Senate infrastructure measure would end a pandemic-era tax break for businesses three months early in order to raise funding.Certain businesses are currently able to claim a refundable payroll tax credit — the...