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US House of Representatives approves draft tax reforms
16 November 2017 10:25 PM
The US House of Representatives has approved a tax reform bill aimed at reducing corporate and individual tax in the United States .
On Thursday, the US House of Representatives passed a new tax bill for the United States, which includes corporate tax cuts of 20 percent, compared to 35 percent for the time being .
Republican lawmakers in the House of Representatives have unveiled the new tax reform project with a $ 1.51 trillion plan in a decade .
The vote on passing the tax reform plan came with 227 votes in favor, while the bill was opposed by 205 votes .
The bill includes a 20 percent reduction in corporate taxes, with a tax-free limit on individuals and families, and taxes are divided into only four segments instead of the existing seven .
The US House of Representatives said yesterday that in the event of failure to pass tax reforms, companies will leave the United States to countries that are lower in terms of tax costs .
The Senate is expected to pass a different plan, different from the House bill, at several key points on Friday .
If the Senate bill passes, the two chambers will have to draft a joint plan before Congress passes final legislation .
https://www.mubasher.info/news/3189781/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A-%D9%8A%D9%82%D8%B1-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%A7%D9%84%D8%A5%D8%B5%D9%84%D8%A7%D8%AD%D8%A7%D8%AA-%D8%A7%D9%84%D8%B6%D8%B1%D9%8A%D8%A8%D9%8A%D8%A9?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ar%2FISX%2Fnews+%28ISX+Arabic+News%29
The vote to pass the tax reform plan came with 227 votes in favor, while the bill opposed 205 votes
16 November 2017 10:25 PM
The US House of Representatives has approved a tax reform bill aimed at reducing corporate and individual tax in the United States .
On Thursday, the US House of Representatives passed a new tax bill for the United States, which includes corporate tax cuts of 20 percent, compared to 35 percent for the time being .
Republican lawmakers in the House of Representatives have unveiled the new tax reform project with a $ 1.51 trillion plan in a decade .
The vote on passing the tax reform plan came with 227 votes in favor, while the bill was opposed by 205 votes .
The bill includes a 20 percent reduction in corporate taxes, with a tax-free limit on individuals and families, and taxes are divided into only four segments instead of the existing seven .
The US House of Representatives said yesterday that in the event of failure to pass tax reforms, companies will leave the United States to countries that are lower in terms of tax costs .
The Senate is expected to pass a different plan, different from the House bill, at several key points on Friday .
If the Senate bill passes, the two chambers will have to draft a joint plan before Congress passes final legislation .
https://www.mubasher.info/news/3189781/%D9%85%D8%AC%D9%84%D8%B3-%D8%A7%D9%84%D9%86%D9%88%D8%A7%D8%A8-%D8%A7%D9%84%D8%A3%D9%85%D8%B1%D9%8A%D9%83%D9%8A-%D9%8A%D9%82%D8%B1-%D9%85%D8%B4%D8%B1%D9%88%D8%B9-%D8%A7%D9%84%D8%A5%D8%B5%D9%84%D8%A7%D8%AD%D8%A7%D8%AA-%D8%A7%D9%84%D8%B6%D8%B1%D9%8A%D8%A8%D9%8A%D8%A9?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ar%2FISX%2Fnews+%28ISX+Arabic+News%29
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