Sentence examples for active finance from inspiring English sources

Technically, the "active finance" exemption expired at the end of 2011, but Congress is expected to extend it once again at the urging of lobby groups.

The corporate tax break is known as the "active finance exception," and it allows multinational companies to earn interest on overseas lending and defer paying taxes to the U.S. government indefinitely.

Republicans fought for more corporate tax cuts and got $650 billion, including the "active finance exception" for multinational financial corporations and what Citizens for Tax Justice (CTJ) calls "the much-abused research credit".

According to lobbying reports on OpenSecrets.org, JPMorgan Chase paid more than $3 million between April 1 and June 30 alone to lobbyists to specifically discuss "proposals to extend the active finance exception".

The active financing exception was never supposed to be a permanent part of the tax code.

Is G.E. one of the companies that lobbies for the active financing exception?

Last year, the tax break, known as the exception for active financing income, cost the government $3.8 billion in taxes.

The second tax break, though, called the active financing exception, is a whole different kettle of fish.

With Democrats in control of both houses of Congress, momentum was building to let the active financing exception expire.

The company does not specify how much of its global tax savings derive from active financing, but called it "significant" in its annual report.

Known as active financing, the tax break proved to be beneficial for investment banks, brokerage firms, auto and farm equipment companies, and lenders like GE Capital.