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November 20, 2008



Muni Bond Tax Exemptions Upheld by U.S. Supreme Court

May 19 (Bloomberg) -- The U.S. Supreme Court ruled that dozens of states can continue to offer special tax breaks on securities issued within their borders, deciding not to disrupt the $2.6 trillion municipal bond market. More...

Minchin Says Don't Expect Australian Tax Cuts Ahead of Election

March 26 (Bloomberg) -- Australians shouldn't anticipate income-tax cuts ahead of the election even as faster-than- expected economic growth swells government coffers, Finance Minister Nick Minchin said. Click here for more info

Tax break for workers

EFFECTIVE January 1, all minimum-wage earners will be exempted from paying the withholding tax. The exemption is contained in President Arroyo’s directive, which provides low-salaried workers with tax and other nonwage benefits.

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