A copy of Trump's tax return from 2005 suggests that a tax cut similar to the one Trump is proposing could have lowered his tax obligation by potentially tens of millions of dollars in a single year.
Donald Trump on Wednesday proposed slashing the U.S. tax rate on corporate and pass-through business profits to 15 percent from 35 percent or more.
Donald Trump on Wednesday proposed slashing the U.S. tax rate on corporate and pass-through business profits to 15 percent from 35 percent or more
Taking up the case of Indian IT companies and professionals, Mr Jaitley told Ross about the contribution of highly skilled Indians in the economic development of the United States and India.
More than 160 companies, all but a couple of which are in the technology sector, signed a "friend of the court" brief siding with opponents of Trump's executive order in a US appeals court for the District of Maryland.
In an executive order signed on Tuesday, Trump had directed the departments of labour, state, homeland security and justice to review the current laws governing the programme to suggest changes to prioritise the most skilled and highest paid positions.
OPEC members agreed in November to cut crude oil production by 1.2 million barrels per day for six months beginning from 2017.
Trump's long-awaited executive order drew sharp reactions from the opposition Democrat lawmakers and the sponsors of these legislations, but drew applause from the treasury benches.
The executive order will direct federal agencies to more strictly enforce H1-B visa laws and propose reforms to the programme to prevent fraud and abuse and ensure visas are awarded to the most-skilled applicants.
US President Donald Trump is today expected to sign an executive order directing federal agencies to recommend changes to a temporary visa programme used to bring foreign workers to the United States to fill high-skilled jobs.
H-1B visas are intended for foreign nationals in "speciality" occupations that generally require higher education, which according to U.S. Citizenship and Immigration Services (USCIS) includes, but is not limited to, scientists, engineers or computer programmers.
Mohammed al-Jadaan sought in a statement carried by state news agency SPA to allay concern that people would be taxed as part of the ambitious reform plan. Saudis currently do not pay any income tax, nor are Saudi companies taxed on their profits.
Preet Bharara, who was fired by the Trump administration last month, used the President's campaign slogan "drain the swamp" to offer a brutal criticism of the administration
The new regime had sub-divided e-Visa into three categories -- e-tourist visa, e-business visa and e-medical visa -- for nationals of 161 countries
Nine months after Britons voted to leave, May notified EU Council President Donald Tusk in a letter that Britain was quitting the bloc it joined in 1973.
In less than a week of Donald Trump being sworn in as President, Republicans introduced the "H-1B and L-1 Visa Reform Act" to prioritise American workers.
Immigration advocates say that the beefed-up vetting is bound to add to already-lengthy backlogs of applicants.
The bill aims at stopping employers that are awarded temporary visas through the H-1B programme from using them to train workers in the US then move those jobs to another country.
Responding to questions from Senators, Acosta said that it's important to look at the issue that he highlighted about foreign workers taking American jobs.
The pound's fall has made prices in London much cheaper for foreign visitors, although not for local residents who earn their incomes in sterling.