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Today's Tax News & Analysis Highlights

Wednesday, November 19, 2008

FEDERAL NEWS

  • Hoyer Backs Off Pay-Go on Healthcare, Tax Cuts
  • IRS Looks to Expand to Meet Challenges of Global Tax Environment
  • LMSB Backtracks on Tier Status of Settlements
  • News Analysis: IRS Looking for a Few Good Taxpayers
  • IRS Won't Delay Effective Date of Annuity Regs but Will Offer Relief
  • AIG Settles One Tax Dispute, Pursues Another

STATE NEWS

  • MTC Remains Committed to UDITPA Revision
  • States Forgo $1 Billion in Sales Tax Revenue, Watchdog Says
  • Antitax Measures Fail at Voting Booths, but Activists See Hope for Future
  • Illinois DOR: Diabetic Supplies Generally Qualify for Lower Sales Tax Rate
  • Kansas Panel Approves Reintroducing Telecom Sales Tax Refund Measure
  • Kansas Panel Approves Reintroducing Boat Tax Amendment

INTERNATIONAL NEWS

  • Declining Prices Force Cut in Russian Oil Export Duty
  • Settlement Reached Between D.C. Metro, Belgian Bank Over Leasing Default Payments
  • New Tax Measures Promote Singapore as R&D Base
  • Azerbaijan to Give Banks, Insurers a Break From Corporate Tax
  • Canadian Court Upholds Order Directing eBay to Turn Over Seller Info to Tax Authorities
  • Philippines Wants to Reduce 'Redundant' Tax Incentives, Not Implement New Taxes

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