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August 28, 2008



Asbestos compo in doubt despite tax ruling

THE Australian Taxation Office last night gave James Hardie Industries a favourable tax ruling on its new asbestos compensation fund, but the company said the deal was still in doubt because of an earlier tax decision. -

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Cell Phone Companies Sue Kentucky Over Tax

By Beth Musgrave, Lexington Herald-Leader, Ky. Nov. 22--Five of the nation's largest cell phone companies are suing the state in federal court, claiming that a new tax set to go into effect Jan. 1 violates federal communications law. Link to original article

Centene 1Q Profit Soars on Tax Benefit

Managed care provider Centene Corp. said Tuesday that its first-quarter profit rose considerably on tax gains as its FirstGuard unit exited certain midwest markets, but shares dropped after the company cut its annual earnings guidance.

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