Corporate profits

Corporate profits fell 6.9% in 2020, impacted by the pandemic

KUALA LUMPUR: Corporate profits earned by companies or gross operating surplus (GOS) fell 6.9% last year due to declining production capacity as the country was hit by the Covid-19 pandemic, the statistics department reported. Releasing the details of his approach to gross domestic product (GDP) income released on Tuesday, he said they include the income […]

Corporate profits

Young workers can drive an additional $ 1.9 trillion in corporate profits: Citrix

According to The Born Digital Effect, a study by Citrix Systems, young employees are poised to generate an additional $ 1.9 trillion in profits for companies. Comprised of Generation Y (born 1981-1996) and Generation Z (born after 1997), Born Digital are the first generation to grow up in a fully digital world and now represent […]

Corporate profits

NDP tax on ‘excess’ corporate profits during pandemic would increase government revenues by $ 8 billion: PBO

Breadcrumb Links New Canadian Politics Canada The proposal targets companies generating more than $ 10 million in annual revenue and would double the income tax payable on all 2020 profits that exceed their annual average since 2014 Author of the article: Christophe Nardi Release date : Apr 27, 2021 • April 27, 2021 • 3 […]

Corporate profits

Biden must curb corporate profits and power to achieve historic gains

President Joe Biden’s US Jobs Plan, which is integral to his agenda to build an economy that empowers workers and families in the United States, promises unique investments in the long-neglected safeguards of our economy. Part of the package has raised the particular anger of corporate lobbyists and laissez-faire conservatives: raising the corporate tax rate […]

Corporate profits

Biden tax plan recovers $ 2 trillion in overseas corporate profits: Treasury

US President Joe Biden receives an economic briefing with Treasury Secretary Janet Yellen in the Oval Office of the White House in Washington, January 29, 2021. Kevin Lamarque | Reuters Treasury Secretary Janet Yellen on Wednesday touted the Biden administration’s proposed changes to the corporate tax code and said in detail the plan would be […]