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Tax News & Views - July 14, 2009 (Special Edition)

Vol. 10, No. 34

Publish date:

Deloitte ImageAuthor
Tax Policy Group, Deloitte Tax LLP

  • House targets high-income individuals to pay for health care reform – House health care negotiators on July 14 unveiled their much-anticipated joint comprehensive health care reform bill that would be paid for chiefly through a surcharge of up to 5.4 percent on high-income taxpayers, as well as several surprising revenue raisers, such as codification of the economic substance doctrine, a limitation on treaty benefits for deductible related-party payments, and a delay of the worldwide interest allocation election.

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