Companies have barely begun to address capital-allocation issues related to the law, and they may need to adjust some workers' pay.
The writedown will require the mortgage giant to seek a $3.7 billion cash infusion from the Treasury, its first draw since 2012.
There may be no better use for companies' cash windfall from the lower tax rate than investing in a long-term future that includes AI.
The Tax Cuts and Jobs Act will boost the cost of capital even as it hikes net cash flows.
The conglomerate plans to bring $7 billion to $10 billion back on shore to invest in its U.S. operations and possibly buy “bolt-on” companies.
A 21% income tax rate might sound appetizing to some pass-through entities, but C-corporation status doesn't suit every organization.
The choice of tax litigator Charles Rettig would reportedly break a two-decade precedent during which IRS chiefs tended to come from corporations.
Under a Financial Accounting Standards Board proposal, companies could reflect the effects of the new 21% rate on their balance sheets.
Loss of deductions for performance-based pay may cost public companies nearly $100 million over three years — but do they care?