Biden’s Tax Plan Aims to Raise $2.5 Trillion and End Profit-Shifting [The New York Times]
Lyft, Inc. - Class A (LYFT)
Last lyft, inc. - class a earnings: 2/11 04:05 pm
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Source: The New York Times
WASHINGTON — Large companies likeAppleBristol Myers SquibbPresident Biden sees ending that practice as central to his $2 trillion infrastructure package, pushing changes to the tax code that his administration says will ensure American companies are contributing tax dollars to help invest in the country’s roads, bridges, water pipes and other parts of his economic agenda.On Wednesday, the Treasury Department released the details of Mr. Biden’s tax plan, which aims to raise as much as $2.5 trillion over 15 years to help finance the infrastructure proposal. That includes bumping the corporate tax rate to 28 percent from 21 percent, imposing a strict new minimum tax on global profits and levying harsh penalties on companies that try to move profits offshore.The plan also aims to stop big companies that are profitable but have no federal income tax liability from paying no taxes to the Treasury Department by imposing a 15 percent tax on the profits they report to investors. Such a change
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- SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Lyft, Inc. - LYFT GlobeNewswire
- SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in Lyft, Inc. with Losses of $100,000 to Contact the FirmPR Newswire
LYFT
Earnings
- 2/13/24 - Beat
LYFT
Sec Filings
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- 4/23/24 - Form 4
- LYFT's page on the SEC website