Tax News & Views Archive |
Tax News & Views, published by the Deloitte Tax LLP Tax Policy Services group in Washington, D.C., provides a compact, reader-friendly perspective on the latest corporate tax developments coming out of Congress, the Internal Revenue Service (IRS), the Department of the Treasury, and the federal courts.
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May 17, 2013
Practitioners weigh in on tax treatment of passthroughs at Ways & Means subcommittee hearing
- Practitioners weigh in on tax treatment of passthroughs at Ways & Means subcommittee hearing – Tax practitioners and House taxwriters considered whether to revise or replace the current rules for taxing passthrough entities during a Ways and Means Select Revenue Measures Subcommittee hearing to examine a tax reform discussion draft released earlier this year by Ways and Means Committee Chairman Dave Camp, R-Mich.
- Finance Committee releases tax reform options paper on economic development incentives – The Senate Finance Committee released its sixth in a series of tax reform options papers – this one focusing on economic and community development incentives.
- Daniel Werfel appointed as acting IRS commissioner – President Obama named Daniel Werfel to replace Steven Miller as acting commissioner of the Internal Revenue Service in the wake of Miller’s resignation amid questions about the IRS’s practices in vetting certain political organizations that applied for tax-exempt status in 2011 and 2012.
- CBO lowers deficit projection for FY 2013 – The Congressional Budget Office projected that the federal budget deficit for fiscal 2013 will fall to $642 billion or 4 percent of gross domestic product.
May 10, 2013
Finance Committee releases options paper on international tax reform
May 6, 2013 - Special Edition
JCT staff report addresses comments to Ways & Means tax reform working groups
April 26, 2013
Senate taxwriting chief to retire: What does that mean for tax reform?
April 19, 2013
Budget writers grill Lew on White House tax-and-spending blueprint
April 12, 2013
Lew defends White House budget proposal on Capitol Hill
April 11, 2013 - Special Edition
Obama proposes ‘grand bargain’ redux in FY 2014 budget package
March 22, 2013
House, Senate make headway on FY 2014 budget plans, continuing resolution
March 15, 2013
Congressional budget writers lay out dueling visions for tax policy
March 12, 2013 - Special Edition
Camp small-business discussion draft proposes reforms to passthrough rules
March 8, 2013
Tax left out of stopgap funding debate, but policy battle looms for fiscal 2014 budget process
March 1, 2013
Sequester poised to take effect as partisan standoff over substitute continues
February 15, 2013
Senate Dems propose tax-&-spending package to delay sequester
February 8, 2013
Obama calls for package of tax reforms, spending cuts to delay sequester
January 25, 2013
Senate Dems to move FY 2014 budget resolution with revenue increases
January 24, 2013 - Special Edition
Camp releases draft tax reform proposal for financial products
January 23, 2013 - Special Edition
House GOP taxwriters to release discussion draft on tax treatment of financial instruments
January 18, 2013
Treasury Department and IRS release final regs on Foreign Account Tax Compliance Act
January 11, 2013
Obama nominates Lew for Treasury top spot; support agencies report on issues in federal tax reform
January 4, 2013
Fiscal cliff agreement becomes law
December 31, 2012
McConnell announces agreement to address Bush tax cuts
December 28, 2012
Prospects for fiscal cliff agreement remain uncertain after White House meeting
December 19, 2012 - Special Edition
Boehner unveils fiscal cliff ‘Plan B’; includes rate increases for taxpayers earning over $1 million
December 14, 2012
No apparent progress in fiscal cliff talks as December 31 deadline approaches
December 7, 2012
Boehner proposes, Obama disposes, fiscal cliff standoff continues
November 30, 2012
White House opening bid in ‘fiscal cliff’ negotiations falls flat with congressional GOP
November 16, 2012
Congressional leaders to produce ‘framework’ for fiscal cliff deal after Thanksgiving
November 9, 2012
Elections leave familiar tax policy divisions intact for lame duck, 113th Congress
November 5, 2012 - Special Edition
Tax rate outlook for high-income individuals remains uncertain as elections, lame duck session approach
October 19, 2012
Tax plan will cut rates, not tax burden, for upper-income individuals, Romney says
October 12, 2012
VP candidates stay on script as debate talk turns to taxes
October 5, 2012
Candidates rehash familiar tax policy positions at first presidential debate
September 21, 2012
Congress prepares for election recess without addressing packed tax and spending agenda
September 14, 2012
Congressional leaders signal low expectations for fall work period, lame duck
September 10, 2012 - Special Edition
Quick resolution on Bush tax cuts, extenders unlikely as Congress preps for campaign season
August 3, 2012
House OKs across-the-board extension of Bush tax cuts, parameters for fast-track tax reform
August 1, 2012 - Special Edition
Finance Committee to hold August 2 mark-up of extenders package
July 27, 2012
Middle-class tax cut extension clears Senate
July 24, 2012 - Special Edition
House Republicans propose parameters, expedited procedures for enacting tax reform in 2013
July 20, 2012
Reid unveils middle-class tax cut proposal
July 13, 2012
Prospects for pre-election agreement on Bush tax cuts remain elusive as partisan positions harden
July 9, 2012 - Special Edition
July legislative outlook indicates lots of movement, but little progress, on tax issues
June 28, 2012 - Special Edition
Supreme Court upholds Patient Protection Act; Individual mandate valid under congressional taxing power
June 22, 2012
Finance Committee examines Bipartisan Policy Center debt-reduction, tax reform proposals
June 15, 2012
Finance Committee takes critical look at energy tax policy; privately discusses extenders package
June 11, 2012 - Special Edition
No surprises (and few specifics) in Baucus’s tax reform remarks
June 8, 2012
Medical device excise tax repeal clears House
June 1, 2012
Medical device excise tax repeal clears Ways & Means Committee
