Choking off those mean, old charity loopholes

Laws, Forrest
November 2004
Southeast Farm Press;11/3/2004, Vol. 31 Issue 25, p4
Trade Publication
This article focuses on the corporate tax bill, American Job Creation Act of 2004. The act began as an attempt to address a World Trade Organization panel ruling that the Foreign Sales CorporationlExtra-Territorial Initiative provisions in the U.S. tax code were an illegal export subsidy. The European Union complained that allowing U.S. companies to bring profits from foreign sales into the U.S. at a lower tax rate allowed U.S. crops to be sold at lower prices. When it passed, the bill offered tax breaks to hundreds of companies and products, including an end to tariffs on imported ceiling fans.


Related Articles

  • Legislature Holds The Line On Premium Tax Rates.  // Insurance Advocate;07/22/2000, Vol. 111 Issue 29, p30 

    Reports that the Tennessee Legislature has rejected the proposed increase in premium tax rate for insurers. Reaction of the insurance industry to the Legislature's move; Effect of an increase in premium tax.

  • Taxation.  // Swaziland Country Review;2011, p106 

    The article offers information related to taxation in Swaziland where in tax rate for corporate branch and general corporate profits is 37.5 percent.

  • DEFERRED TAX POSITIONS AND INCENTIVES FOR CORPORATE BEHAVIOR AROUND CORPORATE TAX CHANGES. Poterba, James M.; Rao, Nirupama S.; Seidman, Jeri K. // National Tax Journal;Mar2011, Vol. 64 Issue 1, p27 

    A firm's deferred tax position can influence how it is affected by a transition from one tax regime to another. We compile disaggregated deferred tax position data for a sample of large U.S. firms between 1993 and 2004 to explore how these positions might affect firm behavior before and after a...

  • NEW TAX LAW MAY BE BOON FOR CHANNEL. Roberts, John // CRN;3/28/2005, Issue 1139, p16 

    Discusses the impact of the American Jobs Creation Act on the channel sales growth on enterprise-size companies in the U.S. Terms of the new law; Value of the standard corporate tax rate; Number of companies that have unveiled plans to capitalize on the tax holiday.

  • Uncompetitive provisions of tax code discussed by business leaders. Roth III, William F. // Grand Rapids Business Journal;8/10/2015, Vol. 33 Issue 32, p9 

    The article offers the author's insight regarding the U.S. tax code against the U.S. companies which according to him, may account for the large volume of foreign acquirers of U.S. companies. The author is critical to taxes and politics, and how politics impacts tax legislation in the country....

  • The New Federal Tax Bill. WEARE, EUGENE // America;1/28/1928, Vol. 38 Issue 16, p389 

    The article focuses on the U.S. Federal Tax Bill that was passed in December 1927. According to the article, this bill contains changes which have been brought about by a reduction in the corporation tax rates, and these changes are of practical interest to the Americans. It also notes that in...

  • Cigarette-tax plan deserves support.  // Indianapolis Business Journal;1/23/2006, Vol. 26 Issue 47, p12 

    The article reports on the proposal that will increase the cigarette tax by at least 25 cents per pack in Indiana. Because one in four of Indiana locals smokes, lawmakers think its a good idea to promulgate the law in order to discourage adults and a lot of teenagers to quit smoking. Officials...

  • California cities propose soft drink taxes. Prall, Derek // American City & County Exclusive Insight;8/4/2014, p1 

    The article discusses a proposed tax on soft drinks at a rate of 2% per ounce to be decided by residents of San Francisco and Berkeley, California on November 2014. Topics discussed attempts by Richmond and El Monte, California to tax soft drinks in 2012 but were voted down, contention of the...

  • Three Different Ohio Corporation Franchise Tax Sales Factor Computation Provisions are Applicable for the 2004 Tax Year. Shambaugh, Phyllis J. // Venulex Legal Summaries;2004 Q3, p1 

    The article discusses franchise tax law in Ohio. House Bill which took effect on June 26, 2003 has made change on what sales factor law is applicable to a taxpayer for 2004 depending on when his taxable year ends. The changes in the Bill affect the types of income included in the sales factor....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics