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The Republic of Guatemala has reaffirmed its bid for a default ruling in a New York federal court case seeking to enforce a $1.8 million arbitration award against a no-show Israeli energy company, asserting it has properly served IC Power Asia Development Ltd. with the suit.
Republicans secured enough seats Wednesday to wrest control of the House of Representatives from Democrats, paving the way for GOP lawmakers to begin early efforts to renew individual and business tax provisions enacted in the Tax Cuts and Jobs Act that expire in 2025.
Sen. Joe Manchin said Wednesday he had reached an agreement with Majority Leader Chuck Schumer on legislation that would impose a 15% corporate minimum tax as part of a larger package to address tax, energy and health care costs.
The end of COVID-19 restrictions requiring families to shelter in place has led to an uptick in the number of abused spouses heading for shelters and bringing their tax problems with them, advocates for abuse victims and tax experts say.