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Taxes

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  • FRANKFURT, April 4- European central Bank President Mario Dragi said on Thursday that Cyprus's initial decision to charge a levy on insured as well as uninsured banks depositors was a mistake.

  • Identity Theft: Why Tax Fraud Could Get Worse Wednesday, 3 Apr 2013 | 6:21 PM ET

    Tax refund fraud is a growing $5 billion a year problem that could get worse before it gets better. Crooks are getting smarter and the IRS needs to work harder to catch thieves.

  • RIO DE JANEIRO, April 3- Brazil's Supreme Court on Wednesday put off for a week the judgment of a landmark case that will decide how the foreign profits of mining giant Vale SA and other multinationals are treated by tax authorities.

  • O'Neill: 0% Interest Rates Are Not Good  Wednesday, 3 Apr 2013 | 4:20 PM ET

    Former Treasury Secretary Paul O'Neill discusses when he thinks the Fed might ease up; tax policies; and fracking standards.

  • WASHINGTON, April 3- The U.S. Internal Revenue Service and 3 M Co are fighting over royalty payments from the company's Brazilian unit to its U.S. headquarters in a case that highlights how tax complications often emerge from doing business in Brazil.

  • Federal Tax Fraud on the Rise  Wednesday, 3 Apr 2013 | 1:45 PM ET

    A close look at one story of a couple who are victims of tax refund fraud, with CNBC's Scott Cohn.

  • Businesses to IRS: Change Forgotten Obamacare Tax Wednesday, 3 Apr 2013 | 11:12 AM ET

    Businesses and wealthy owners of estates ask the IRS for changes to a 3.8 percent tax on investment income to fund Obamacare.

  • RI panel hears support for tax credits program Wednesday, 3 Apr 2013 | 10:42 AM ET

    PROVIDENCE, R.I.-- Rhode Island lawmakers heard support Tuesday for a plan to revive the state's historic redevelopment tax credits, an idea that's taken on greater significance now that it's been suggested as a way to pay for the renovation of the state's tallest building.

  • Governor signs tax break for BNSF in New Mexico Wednesday, 3 Apr 2013 | 10:41 AM ET

    SANTA FE, N.M.-- A newly enacted law in New Mexico will provide a tax break to lower the cost of locomotive fuel for the BNSF Railway Co.. The company has nearly 1,400 workers in New Mexico and railyards in Albuquerque, Belen and Clovis.

  • Mo. Senate passes repeal of renters' tax break Wednesday, 3 Apr 2013 | 10:35 AM ET

    JEFFERSON CITY, Mo.-- The Missouri Senate has passed legislation that would abolish a tax break for low-income seniors and disabled people who live in rental homes. The Senate's 21-12 vote Tuesday sends the legislation to the House, which already has passed a budget plan assuming the renters' tax break would be eliminated.

  • Ark. House panel OKs tax cut for manufacturers Wednesday, 3 Apr 2013 | 9:57 AM ET

    LITTLE ROCK, Ark.-- Manufacturers would pay lower taxes under a plan endorsed by an Arkansas House committee on Tuesday, but legislative leaders have yet to agree on whether those or other proposed tax cuts will be included in their plan to slash $100 million in taxes.

  • Kan. remains focus as Mo. lawmakers debate tax cut Wednesday, 3 Apr 2013 | 9:57 AM ET

    JEFFERSON CITY, Mo.-- With Kansas as the reference point, Missouri business groups urged lawmakers to cut income taxes Tuesday while education officials expressed fears that reduced revenues could result in school funding cuts.

  • Taxpayers Trapped in False Identity Crisis  Wednesday, 3 Apr 2013 | 6:43 AM ET

    Tax refund fraud is a growing $5 billion a year problem as crooks are getting smarter and the IRS needs to work harder to catch thieves, reports CNBC's Scott Cohn.

  • UK Benefit Culture: Is It Time to Adapt? Wednesday, 3 Apr 2013 | 2:18 AM ET

    From Wednesday there are a number of welfare changes coming into effect that will have significant impact on large parts of UK society. Is it time to adapt and accept these changes?

  • CANBERRA, April 3- Australia will force corporate giants such as Google Inc and Apple Inc to disclose their tax arrangements in an effort to curb alleged tax avoidance by multinational corporations.

  • WASHINGTON, April 2- Businesses and wealthy owners of estates and trusts asked the IRS on Tuesday for changes to a part of President Barack Obama's 2010 healthcare law that has received comparatively little attention: a 3.8 percent tax on investment income intended to provide the bulk of the law's funding.

  • Five Smart Moves If You Can't Pay Your Tax Bill Tuesday, 2 Apr 2013 | 4:41 PM ET

    If you think you may have trouble paying your full tax bill, don't panic. There are ways to ease the burden.

  • Millions of Taypayers Still Exposed to AMT Tuesday, 2 Apr 2013 | 9:57 AM ET

    Despite changes to the alternative minimum tax rules, millions will still have to pay it and the number of obligated taxpayers will keep growing.

  • Alaska bill gives tax credits for private tuition Tuesday, 2 Apr 2013 | 3:25 PM ET

    JUNEAU, Alaska-- Alaskans who send their kids to private school might be in line for a tax break if a new bill becomes law. John Coghill, the bill's sponsor. Mike Dunleavy has proposed a similar bill giving taxpayers a credit if they donate money for "educational support purposes" at public, private and religious elementary and secondary schools.

  • Fannie Mae Record Profit  Tuesday, 2 Apr 2013 | 1:11 PM ET

    Fannie Mae expects to remain profitable for the foreseeable future, reports CNBC's Eamon Javers. The company earned $17.2 billion in 2012.