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Today's Tax News & Analysis Highlights

Friday, May 16, 2008

FEDERAL NEWS

  • Ways and Means Committee Approves Energy, Extenders Bill
  • Senate Passes Farm Bill, as Bush Readies Veto Pen
  • Tax Provisions Pass in House, Senate Versions of War Supplemental Bills
  • Government Economists Identify Possible Sources of Income Underreporting
  • Budget Conference Nears as Conferees Named
  • U.S. Authorities Expected to Subpoena Swiss Bank's Records

STATE NEWS

  • California Governor Proposes Leasing Lottery to Help Close Deficit
  • Hawaii Senate Defers Reduction in Wireless Surcharge
  • New Hampshire House Rejects Education Funding Amendment
  • Tennessee Governor, Lawmakers Revise Technical Corrections Bill
  • Texas Appeals Court Affirms Value of Salt Caverns

INTERNATIONAL NEWS

  • New Zealand, United States to Renegotiate Tax Treaty
  • ECOFIN Takes Aim at Executive Pay
  • Japanese Trade Ministry to Recommend Exemption for Repatriated Earnings
  • European Court Allows Dutch Emission Trading Scheme
  • ECJ Upholds German Loss Disallowance
  • Australia Considers Reduced Withholding Tax on Managed Trust Distributions

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