Friday, May 15, 2009

 

Lawmaker says Obama tax deferral off base

President Barack Obama should tackle deferral of corporate taxes within the context of broader tax reform and not separately, the chairman of a key U.S. congressional panel said Thursday.

"They need to distinguish between deferral and avoidance," said Rep. Richard Neal, D-Mass., who chairs the subcommittee on taxes of the tax-writing Ways and Means Committee in the House of Representatives, in an interview...

Business Insurance (Reuters): Lawmaker says Obama tax deferral off base

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