SEC Rulemaking under Dodd-Frank Begins with Interim Rule to Register Municipal Advisers
September 15, 2010 in Alternative Investment Law Report · Leave a Comment
In its first rulemaking under the financial regulatory reform act, the Securities and Exchange Commission Sept. 2 announced that it has adopted a temporary rule to require…
Carried Interest Tax Hike Passes House in Tax Extenders Bill; Senate Outlook Unclear
June 1, 2010 in Daily Tax Report · Leave a Comment
The House voted 215-204 May 28 to extend dozens of popular tax cuts through the end of 2010 and raise taxes on investment fund managers and businesses with foreign income…
Senate Cap-and-Trade Proposal Includes Numerous Nuclear Tax Incentives
May 13, 2010 in Daily Tax Report · Leave a Comment
The latest iteration of legislation unveiled May 12 by Sens. John Kerry (D-Mass.) and Joseph Lieberman (I-Conn.) aimed at reducing U.S. greenhouse gas emissions through a cap-and-trade program includes a…
Final Details Being Hashed out on Tax Extenders Bill, House Lawmakers Say
May 7, 2010 in Daily Tax Report · Leave a Comment
House Ways and Means Committee Chairman Sander Levin (D-Mich.) shortened the time frame for consideration of a final tax extenders measure (H.R. 4213), telling reporters May 6 that it will be on the floor within…
White House, House Ways & Means Committee Chairman Seek to End VAT Talk; Tax to Recoup TARP Funds Being Considered
April 20, 2010 in Daily Tax Report · Leave a Comment
The White House and a top congressional tax writer sought to close the door April 19 on a value-added tax, with officials saying it was not under…
Obama Signs Measure Creating $13 Billion in Tax Breaks for Businesses Hiring Workers
March 19, 2010 in Daily Tax Report · Leave a Comment
President Obama signed the HIRE Act (Pub. L. No. 111-92) into law March 18, creating tax breaks for businesses hiring new workers and extending higher expensing limits for small businesses that…
House Ways and Means Panel OKs Small Business Tax Bill; Treasury Concerned over Language Impacting Tax Treaties
March 18, 2010 in Daily Tax Report · Leave a Comment
The House Ways and Means Committee March 17 approved a $17 billion small business tax bill (H.R. 4849) but changes might be forthcoming after…
Proposals on Tax Havens, Job Creation Expected to Clear House Ways and Means Committee Today
March 17, 2010 in Daily Tax Report · Leave a Comment
The Ways and Means Committee is expected to approve legislation (H.R. 4849) March 17 that would extend the Build America Bonds program, but that support will…
House Passes Job Creation Bill Granting $17.6 Billion in Tax Incentives for Businesses
March 5, 2010 in Daily Tax Report · Leave a Comment
The House March 4 voted 217-201 to pass legislation that includes $17.6 billion in tax cuts aimed at encouraging businesses to hire new workers…
Senate Passes $16 Billion in Tax Cuts in Bid to Encourage New Hiring by Employers
February 25, 2010 in Daily Tax Report · Leave a Comment
The Senate voted 70-28 on Feb. 24 to pass its first installment of economic stimulus of the year, including $16 billion in tax cuts aimed at encouraging businesses to hire new workers…


