November 21, 2008
KPMG Holds Talks With Justice About Tax Shelters
U.S. June 16 (Bloomberg) -- KPMG LLP, the U.S. arm of the world's fourth-largest accounting firm, said it remains in discussions with the Department of Justice about alleged improper tax shelters sold by the firm. Link to original articleProperty tax hikes smallest in 6 years
In the first test of sweeping property tax reform enacted after a seven-month special legislative ses sion, homeowner taxes rose 5.5 percent this year, the smallest increase in six years but still higher than a 4 percent goal set by Gov. Jon Cor zine.
The Conservatives, trailing the Liberals in the election campaign, promised a $2.2 billion tax cut over five years for senior citizens on Friday.
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