Retroactive tax fix alarms financial-services lobby

Holzer, Jessica
June 2007
Hill;6/21/2007, Vol. 14 Issue 75, p24
The article discusses the submitted energy tax package by the Senate Finance Committee in the U.S. The initiative has resulted a backlash from financial-services lobbyists which believes it could cool down its investments. It was revealed that the provision would take away the tax advantages of any foreign "sale-in, lease-out" (SILO) transactions which became popular in the banking and leasing industries.


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