Sentences with phrase «tax profits soar»

However, it's fair to say that if the corporate tax rate is lowered from 35 % to 20 % as both the House and Senate tax proposals are calling for, the company could see its after - tax profits soar.

Not exact matches

The budget «makes huge, irresponsible cuts hurts families who are struggling to find jobs and put food on the table, but provides big tax breaks for millionaires and large corporations whose profits are soaring,» Kelly says.

If gas prices and profit margins soar in tandem, tax loopholes benefiting the oil industry may be closed.

For FY11, the revenues had soared to $ 7,500 crore and profit after tax to $ 961 crore.

After outlining their intent to collect taxes from bitcoin adopters raking in profits from this year's soaring gains, India's official tax authority will reportedly zero in on certain individuals» overall wealth when investigating their bitcoin profits.

Now, India's tax authority is putting its lens over on a select group of individuals who have profited the most from bitcoin's soaring gains this year, using the data collected from its «surveys» to check into individuals» assets beyond bitcoin.