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Corporate Tax Link
  In the July 6, 2011 Issue:
From the Editors of
Lower Taxes Boost Growth? Not Really.
The End of LIFO?
Governments Worldwide Reassess Taxes
Is it Time for a Tax Repatriation Holiday?
When Business Gets Bad -- and Governments Claw Back
Will California's 'Amazon Tax' Cause an Affiliate Exodus?

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Today's Alerts
Lower Taxes Boost Growth? Not Really.

A cherished equation of conservative economic thought -- lower taxes equals higher growth -- took a beating from a couple of sources recently. Business Finance

The End of LIFO?

The Administration has indicated that it is looking to change LIFO, or the method of accounting for inventory in which the last products in are considered the first out, given that it can allow companies to report lower profits than they otherwise would. The proposal isn't playing well with Republicans or the companies that use it. Business Finance

Governments Worldwide Reassess Taxes

Governments around the world are either increasing indirect taxes such as value-added taxes or introducing them for the first time. Accounting Today

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Is it Time for a Tax Repatriation Holiday?

A movement is underway to get corporate America to return the $1 trillion that some estimate U.S. companies have stashed overseas. Business Finance

When Business Gets Bad -- and Governments Claw Back

Clawback provisions should take into account economic downturns and other 'unforeseen circumstances,' says Anthony Figliola, vice president of New York City-based lobbying firm Empire Government Strategies. IndustryWeek

Will California's 'Amazon Tax' Cause an Affiliate Exodus?

Will California's law forcing out-of-state retailers to pay sales taxes help it raise hundreds of millions in revenue? Or will it just force Amazon's affiliates out of state? Fortune

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