Daily Mail | Corporate taxes still in the fore in the US

As you all probably well know, one of the most important business and economic question in the US is the tax reform. On the outcome of this crucial political venture depends the future of many American corporations and citizens in general. So, in today’s news review we’ll present you with the latest information on the corporate taxes situation. U.S. Republicans in Congress, the ruling party, have to deal with some important question of concerning this. They tend to reconcile tax bills from the Senate into a unified measure President Donald Trump should sign into law. But that’s much easier said than done because the corporate taxes issue isn’t a simple one at all. The biggest problem is how the bills will treat top earners. Besides that, there are still some issues with international tax policy for corporations and the alternative minimum tax (AMT).

The second piece of news we bring you today has to do with the first one. Investors waited to see the next step of the reform and the dollar consequently fell. Against a basket of six major currencies the dollar index fell 0.15 percent to 93.050 .DXY. As for the against yen, the greenback is now 112.550 JPY. Besides the dollar, the euro fell as well – it lost 0.3 percent overnight.

Daily Mail | Choose your account and start trading

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Author: Max Rothstein

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