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Tax News & Views: May 2, 2008
Senate Aviation Bill Hits Turbulence as Republicans Criticize Revenue Raisers
Issue Number
Vol. 9, No. 20

Author
Tax Policy Group, Deloitte Tax LLP

  • Senate Aviation Bill Hits Turbulence as Republicans Criticize Revenue Raisers – Senate negotiations over legislation aimed at modernizing the nation’s air traffic control system and increasing funding for transportation construction projects stalled as lawmakers disagreed over a package of nonaviation revenue offsets that would, among other things, roll back the effective date of current-law anti-inversion rules and impose a mark-to-market tax on unappreciated assets of individual expatriates.

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Newsletter: Tax News & Views - May 2, 2008 (46 KB)
Senate Aviation Bill Hits Turbulence as Republicans Criticize Revenue Raisers; 3-page PDF

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Last Updated: May 2, 2008
Source: Deloitte LLP - United States (English)

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