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November 20, 2008



New tax rules aim to end junk donations

Washington- Donating an old toaster or television to a local charity won't count as a tax deduction if it's not in good condition. Any household item with little value probably won't qualify for a deduction under new tax rules for charitable giving and receiving.

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Vietnam Cuts Import Tax For New Cars To 60% From 70%-Official

HANOI -(Dow Jones)- The Ministry of Finance has lowered its import tax for new cars to 60% from 70% - its third reduction this year - to boost domestic consumption, a ministry official told Dow Jones Newswires Monday.

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Bill Would Allow Tax-Free School Shopping 8:35 AM

Annapolis, MD (WJZ) Legislation pending in Annapolis would revive the tax-free back-to-school shopping week that was last tried in Maryland in 2001. The House of Delegates approved the bill Saturday.

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