D.C. Council Aborts Out-of-District Muni Bond Tax
- Utah Tax Law Changes Have Most Impact on Muni Treatment in '03. Briggs, Amanda // Bond Buyer;2/27/2004, Vol. 347 Issue 31830, p6
Examines the impact of Utah tax law changes on municipal bond issues in 2003. Taxation of interest earnings by individuals from municipal bonds issued out of state; Yield advantage of Utah municipal bond mutual funds; Rise in state tax revenues; Statements by Martin Mauro, a senior economist at...
- Tax deficiency interest not deductible--district court reverses itself. Brand, Geri // CPA Journal;Feb95, Vol. 65 Issue 2, p56
Reports on a district court ruling on deduction of tax deficiency interest. Rule when the source of underpayment related to a trade or business; Claiming a deduction for interest expense paid on income tax deficiencies attributable to Schedule F adjustments; Deductibility of interest.
- Profit-related pay interest. Greene, Chris; Maddalena, Christina // Accountancy;Sep95, Vol. 116 Issue 1225, p112
Reports on the July 14, 1995 changing of interest on tax received from employers in Great Britain, in respect of payments incorrectly made tax free under registered profit-related pay schemes.
- Uniform capitalization accounting change. // Practical Accountant;Apr95, Vol. 28 Issue 4, p14
States that Rev. Proc. 95-19 provides the exclusive procedure for obtaining consent to change certain methods of accounting for interest costs subject to Section 263A(f) to methods permitted by Regs. 1.263A-8 through 1.263A-15. Ruling on compliance with procedure effective March 20, 1995.
- Business being sued, or with late taxes shouldn't be punished. // New Hampshire Business Review;5/26/95, Vol. 17 Issue 11, p5
Reports on New Hampshire-based businesses' opposition to a state legislature designed to increase interest on liability cases and interest for state business taxes. Argument raised by the Greater Nashua Chamber of Commerce; Comments from Jim Bassett, attorney representing the Hitchcock Clinic;...
- A matter of interest. Frankel, Hillel // CA Magazine;Jun/Jul94, Vol. 127 Issue 5, p33
Focuses on the Canadian tax issue of interest deductibility. Examples of Canadian Supreme court decisions; Customary use for borrowed money; Status of loss-utilization structures.
- Interest owed foreign parent deductible when accrued. // Practical Accountant;Jan95, Vol. 28 Issue 1, p18
Reports that affiliated group of corporations could deduct interest owed to its foreign parent from its tax.
- Interest on bonds not excludable. // Practical Accountant;Dec95, Vol. 28 Issue 12, p20
Reports that interest on the revenue bonds issued by the Housing Authority of Riverside County, California is not excludable from tax assessment.
- Excess interest tax applied. // Practical Accountant;Aug97, Vol. 30 Issue 8, p22
States that advances made by related foreign corporations to a Japanese firm doing real estate business in Hawaii constituted debt, not equity, and the corporation is therefore subject to excess interest tax.