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Dec. 24, 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. Louis Vuitton introduces Visionary Journeys Seoul
  2. Exclusive Resorts purchases Inspirato for $59M
  3. Kering to acquire jewelry manufacturer Raselli Franco Group
  4. Estée Lauder Cos., Jo Malone launch AI scent advisor
  5. Burberry bans exotic skins
  6. Luxury Women to Watch 2017
  7. With ‘My Call,’ Rémy Martin finds meaning in new milestones
  8. Lamborghini heads to French Alps for women-led driving series
  9. Savannah College of Art and Design debuts SCAD LUXE research center
  10. Bulgari names Chinese actress Liu Yifei as newest global ambassador
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