March 10, 2010
Alaska Oil Companies In Store For Tax Hike
(RTTNews) - Oil companies with operations in Alaska could be in store for a 25 percent tax on their net profits under legislation heading for Gov. Sarah Palin, who says she will sign the bill amid criticism the proposal would hinder future oil exploration in the state.
Tax Errors Force ConAgra to Restate Earnings
OMAHA, March 24 (AP) - ConAgra Foods, one of the nation's largest food companies, said Thursday that it would restate its financial results for 2004 and the first half of fiscal 2005 because of income tax errors that could cost it up to $200 million.
State tax reform: leaders have widely different views
As Gov. Steve Beshear and legislators prepare to tackle a $1 billion state budget shortfall, there is increasing interest in tax reform — and sharp differences about what it should include.
2005 Tax Brackets -
TAX FOUNDATION'S STATE FINANCE SECTION states adjusted their individual ie tax brackets for inflation during calendar year W., Suite 550, Washington, D.C. 20036 ©2005 Tax Foundation
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Summary of Tax Law Changes to as a Section 179 deduction. In the tax years 2003 - 2005, the maximum amount of property that may used by individuals in the 10% and 15% tax brackets. For tax years 2003-2007, the 2003 tax
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2002 Tax Brackets 2005 Marginal IE Tax Brackets If Taxable Ie Is Over But Not Greater Than The Ie Tax Is Of The Amount Over MARRIED FILING JOINTLY $0 $14,600 $0 + 10%
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