Month: July 2021

Tax Notes chief correspondent Stephanie Soong Johnston recaps the historic agreement reached by the majority of the OECD’s inclusive framework countries on its two-pillar corporate tax reform proposal. This transcript has been edited for length and clarity.  David D. Stewart: Welcome to the podcast. I’m David Stewart, editor in chief of Tax Notes Today International. This week: two-pillar
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Apple CEO Tim Cook attends the Allen & Company Sun Valley Conference on July 08, 2021 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Apple reported earnings after the bell. Here are the results. EPS: $1.30 vs. $1.01 estimated Revenue: $81.4 billion vs. $73.30 billion estimated Wall Street is also watching several other key
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In this article UPS Tournament employees work to squeegee the court after rain delays a match between Kim Clijsters and Sloane Stephens during the Truist Atlanta Open at Atlantic Station on July 26, 2021 in Atlanta, Georgia. Casey Sykes | Getty Images Shares of logistics company UPS fell sharply on Tuesday after the company’s second-quarter
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andresr | E+ | Getty Images Millions of Americans are feeling a financial boost from federal stimulus checks and monthly child tax credit payments. Those direct checks were made possible by tax credits that were created or expanded through legislation aimed at helping the U.S. economy bounce back from Covid-19. And as Americans get used
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Recent fires, floods, and extreme heat events are demonstrating that climate change is here—now—not some day in the distant future. How could that realization impact your retirement plans? Any concern you might feel about climate change could depend in part on your age. A recent survey conducted by the Society of Actuaries (SOA), titled “Financial
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Today’s column addresses questions about whether previous cost of living allowances apply when a survivor’s benefit is claimed, whether a foreign pension will reduce a spousal benefit and what disability benefits might change at 62. Larry Kotlikoff is a Professor of Economics at Boston University and the founder and president of Economic Security Planning, Inc,
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Frederic J. Brown | AFP | Getty Images It can literally pay to get a Covid vaccine in some places. Across the country, many states are offering lottery prizes to boost the number of residents who inoculate themselves against the virus. If you are among the winners, just don’t forget the taxman. “Generally, when people
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A trader works inside his post on the floor of the New York Stock Exchange. Brendan McDermid | Reuters Stock futures were flat in overnight trading Monday ahead of quarterly earnings reports from several mega-cap technology companies. Futures on the Dow Jones Industrial Average added 7 points, or 0.02%. S&P 500 futures and Nasdaq 100
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