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cost appears on fox news live: batsa - hr 1439


COST President and Executive Director Doug Lindholm was interviewed on Fox News Live regarding the pressing need to enact the Business Activity Tax Simplification Act (BATSA— HR 1439).  The segment follows his article published in The Hill on March 29 regarding “uncertainty and unpredictability in state corporate income taxes.”  As stated in the article, “BATSA will provide long overdue and much-needed certainty for imposing state corporate income taxes. Businesses, workers and our economy overall can no longer afford to wait.”

In a positive sign for Congressional action on this and other pressing state tax issues, the Senate Finance Committee will hold a hearing on April 25 to consider the potential effects of tax reform on state and local tax policy. Topics for discussion will include the federal deduction for state and local taxes, tax exemptions for bonds, and the effects of federal policy on state deductions and credits. The hearing could also be a venue for discussion and advancement of nonresident withholding and sales tax nexus legislation currently under consideration. The hearing will be at 10 a.m. in the Dirksen Senate Office Building, and is available via live webcast on the Finance Committee website .

Watch here .