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U.S. Cuts Top Corporate Tax Rate to 0%

Published 10y ago -

By Dan Geddes WASHINGTON – The IRS today announced that it was cutting the top U.S. corporate income tax rate from 35% to 0% for qualifying companies, effective January 1st. IRS spokesman John Mendacio stated that: “This more favorable tax rate for the lar... More »

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IRS: Frozen Bodies Still Subject to Income Tax

Published 13y ago -

By Dan Geddes WASHINGTON—A new IRS rule states that cryogenically preserved bodies (frozen in liquid nitrogen) are still subject to US income tax, “because there remains a discrete chance that their lives and incomes can be restored by advances in med... More »

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