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Today's Tax News & Analysis Highlights

Friday, May 9, 2008

FEDERAL NEWS

  • Housing Bill With Tax Incentives Passes House
  • Lawmakers Strike Farm Deal as Bush Threatens Veto
  • Corrections Program for Pension Reporting Under Consideration, Official Says
  • Taxwriter Pushes Gas Tax Holiday Paid for With Earmark Moratorium
  • IRS Officials Pledge Improved Communication With Taxpayers
  • Rockefeller Focused on Short-Term FAA Extension

STATE NEWS

  • Tie Environmental Standards to Business Incentives, Watchdog Official Says
  • California Senate GOP Leader Opposes Tax Increases to Resolve Budget Crisis
  • D.C. Council Budget Choices on EITC Difficult to Understand
  • Iowa Governor Approves Changing Local Option School Tax to Statewide Tax
  • Iowa Governor Approves Wind Energy Tax Credits Bill
  • Kansas Lawmakers Approve Corporate Tax Apportionment, Rate Changes

INTERNATIONAL NEWS

  • U.S. Senate Refers Iceland-U.S. Treaty to Foreign Relations Committee
  • ECJ Strikes Down Denial of Right to Deduct VAT
  • ECJ Advocate General Would Strike Down Belgian Participation Exemption System
  • Venezuela Supreme Court Overturns Ruling on Investment Tax Credit
  • Foreign Countries' VAT Systems Costly but Beneficial, Report Says
  • Brazil's House Approves Tax Incentives for Export Zones

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