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March 12, 2010



Switzerland Plays Hardball On Tax

UBS and the Swiss government are fighting back in a U.S. tax case involving 52,000 clients.

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Florida Lawmakers Differ on Slots, Tax Rate

The Florida House voted May 2 to limit Broward County pari-mutuel facilities to bingo-based gambling machines rather than traditional slot machines and to take 55% of the revenue in taxes. The Senate, meanwhile, wants regular slot machines and a much lower tax rate.

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Tri-partisan group says income tax should replace property tax

A tri-partisan group of lawmakers announced Wednesday it would push to replace the residential property tax with an income tax that would better reflect the ability to pay for education, although it said a bill wouldn't be completed until next year.

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Tax Deductible Items  the cash value of any items you may elect to receive in return for your gift must be deducted from the amount of your tax-deductible contribution. For example, if you make a

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Tax Writeoffs  by, for example, changing tax policies to allow accelerated depreciation allowances and tax writeoffs for corporate investments in pollution control and cleaner production technologies. Policy

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