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Dec. 26, 2025
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Government

Biden passes legislation mandating minimum corporate taxes domestically

August 17, 2022

An image of the Inflation Reduction Act after it was signed into law, effectively combatting the climate crisis and reducing the deficit. Image credit: The White House

 

By Luxury Daily News Service

President Joseph Biden signed the Inflation Act, a $750 billion healthcare, tax and climate bill, into law on Aug. 17.

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  1. Off the Cuff: A Q&A with McLaren's Nicolas Brown
  2. In conversation with Hong Kong property and hotel mogul Adrian Cheng
  3. For high-end fashion brands, wellness is the ultimate luxury
  4. Kering to acquire jewelry manufacturer Raselli Franco Group
  5. Dior, Rizzoli to release book on Lady Art project
  6. Louis Vuitton introduces Visionary Journeys Seoul
  7. Dior dives into French Riviera with escapist fragrance
  8. Fendi pays homage to artist with playful puppet fall campaign
  9. Dolce & Gabbana debuts Devotion fragrance film
  10. Veuve Clicquot debuts après-ski activations
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