International Tax Law Changes Should Be Left for Broad Reform, Business Groups Say

Fifteen major organizations participating in the Promote America’s Competitive Edge (PACE) Coalition called on Congress in an April 26 letter to move cautiously in modifying international tax provisions in…

White House, House Ways & Means Committee Chairman Seek to End VAT Talk; Tax to Recoup TARP Funds Being Considered

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…

Firms Discuss Role of International Tax Policy, Effects Of Proposed Reform on Global Decisions

The tax function is only one of several factors that affect a company’s decision to conduct facets of its business in foreign countries, panelists said…

Treasury Officials Defend Budget Proposal to Curb Abusive Transfer of Intangibles

Senior Treasury Department officials Feb. 24 defended an administration budget proposal intended to stop the abusive shifting of intangibles out of the United States, contending that…

Senators Wyden, Gregg Introduce Tax Reform Bill That Would Eliminate Alternative Minimum Tax, Enact Reduced Flat Corporate Tax Rate

Sens. Ron Wyden (D-Ore.) and Judd Gregg (R-N.H.) Feb. 23 introduced comprehensive tax reform legislation (S. 3018) with provisions consolidating tax…

Senators Wyden, Gregg Preparing to Introduce Comprehensive Tax Reform Legislation

Sen. Ron Wyden (D-Ore.), a member of the Senate Finance Committee, and Sen. Judd Gregg (R-N.H.) will introduce a comprehensive…

2010 OUTLOOK: International Tax Landscape Dominated by Transparency, Growing Scrutiny

The landscape of international taxation in 2010 will be shaped by increasing global transparency and growing government scrutiny of foreign activity by banks, individuals, and corporations, officials and…

2010 OUTLOOK: Nearly $3 Trillion in Expiring Tax Cuts Await Congressional Action after Health Bill

Lawmakers are unlikely to get a rest after Congress completes its grueling march toward an overhaul of the nation’s health care system because of a long list of “must-pass” legislation needed to…