Daily Report for Executives Index-Summary

ICELAND

– Economic program reviewed, IMF releases $167.5M of $2.2B loan, 207:EE–12 (10/29/09)

IDENTITY THEFT

– Medicare fraud and identity theft, HHS unveils new website with tips and information to help seniors and Medicare beneficiaries deter, detect, and defend against, 198:A–18 (10/16/09)
– Phishing, FBI and DOJ break up large U.S. and Egyptian operation affecting banks and customers' personal information (C.D. Cal.), 193:A–14 (10/8/09)
– Prevention programs, FTC “red flag” exemption

– – Adler (D-NJ) bill

See LEGISLATION, FEDERAL, HR 3763

– – FTC barred from enforcing rules against law firms (D.D.C.), 208:A–7 (10/30/09)

– Refund fraud

– – CPA gets 33 months for stealing clients' refund checks (S.D.N.Y.), 195:K–8 (10/13/09)
– – IRS initiatives, GAO issues report, Grassley (R-Iowa) seeks greater efforts, 194:G–12 (10/9/09)

ILLINOIS

– Aircraft repair, retrofit, new exemption takes effect in 2010, 194:H–3 (10/9/09)
– College scholarships, lawmakers reject new tax revenues to fund rescue plan, 200:H–1 (10/20/09)
– Income tax, nonpartisan think tank recommends implementation of competing proposals of gubernatorial candidates, 200:H–3 (10/20/09)
– Ponzi losses, Ill. does not follow federal deduction treatment, 208:H–2 (10/30/09)
– Tax code modifications to be debated during General Assembly's fall veto session, 196:H–4 (10/14/09)

IMMIGRATION

See ALIENS

INDIA

– Biotechnology, government panel approves modified eggplant strain, final say rests with Environment Ministry, 197:A–9 (10/15/09)
– Climate change, India and China sign agreement, pledge cooperation on technology transfer, 203:A–3 (10/23/09)
– Commodity matchbooks, ITA announces final affirmative rulings in AD/CVD cases, 199:A–15 (10/19/09)
– USTR Kirk asks India to improve copyright and investment climate at trade meeting, 205:A–2 (10/27/09)

INDIANA

– Air pollution, state regulators ordered by EPA to review operating permit granted to BP Whiting oil refinery, focusing on several sources of pollution, 201:A–16 (10/21/09)
– Nonresident passthrough entities, refund guidance related to Riverboat Development ruling issued, 201:H–2 (10/21/09)
– Property devaluations, new tax caps mean less revenue for municipalities, study finds, 193:H–1 (10/8/09)
– Vendor parking space rental fees exempt from sales tax, 207:H–2 (10/29/09)

INDIANS, AMERICAN

See NATIVE AMERICANS

INDIVIDUAL RETIREMENT ACCOUNTS (IRAs)

– Automatic payroll-deduction accounts, AARP panel explores ways design, 205:EE–11 (10/27/09)
– Distributions to fund trust for grandson not prohibited, DOL opinion, 192:G–4 (10/7/09)
– Fee disclosure proposal discussed by DOL official, 194:G–7 (10/9/09)
– N.Y. exempts distribution from tax when IRA funded from assets rolled over from N.Y. annuity plan, 199:H–2 (10/19/09)
– Required minimum distributions, practitioners raise questions about RMDs, 2009 waiver at IRS phone forum, 208:G–8 (10/30/09)
– Roth IRAs, IRS counsel discusses model notice for rollovers from qualified pension plans, 194:G–11 (10/9/09)

INDONESIA

– Infrastructure development to support domestic demand in economy as well as export growth sought by government, adviser to finance minister says, 188:A–24 (10/1/09)
– Mining industry restrictions, U.S. and EU raise concerns on compatibility of law with WTO rules, 197:A–8 (10/15/09)
– Polyethylene retail carrier bags dumped in U.S., Commerce Dep't announces, 207:A–10 (10/29/09)

INFORMATION REPORTING

– Corporate reporting of services, property providers expanded in Senate health care reform bill, 196:GG–1 (10/14/09)
– Electronic filing, IRS corrects specifications for returns, 195:G–7 (10/13/09)
– Exempt entities, Form 990

See EXEMPT ORGANIZATIONS

– Foreign accounts

– – Bank, trust, corporate disclosures

See LEGISLATION, FEDERAL, HR 3933, S 1934

– – Pension plans and trusts, stakeholders say FBAR reporting should be limited, 193:G–5 (10/8/09); comment letters, Groom Law Group, 193:TaxCore (10/8/09); ABA section of Real Property, Trust and Estate Law, 193:TaxCore (10/8/09)
– – Swiss accounts, litigation

See SWITZERLAND

– – Voluntary disclosure initiative

See OFFSHORE HAVENS

– – Ways-Means subcommittee hearing, Neal (D-Mass) announces, 208:G–13 (10/30/09)

– Foreign firms, subsidiaries, Appeals official says IRS working on appeal right options for reporting penalties, 201:G–6 (10/21/09); Appeals working to handle international, shelter penalties on pre-assessment basis, 208:G–10 (10/30/09)
– IRPAC makes recommendations on credit card transactions, securities transfers, tax evasion, 207:G–7 (10/29/09); IRS news release, 207:TaxCore (10/29/09); text of Information Reporting Program Advisory Comm. 2009 report, 207:TaxCore (10/29/09)
– Securities transactions, reporting of customer's basis on IRPAC meeting agenda, 191:G–1 (10/6/09); IRS notice with agenda, 191:TaxCore (10/6/09)
– Tax shelter transactions

See TAX SHELTERS

– Tip income, employer e-filing instructions updated, 199:G–10 (10/19/09)

INSURANCE

See also HEALTH INSURANCE
– Accounting for contracts

– – FASB seeks comment on EITF position on “separate account” issue, 189:G–2 (10/2/09)
– – IASB shifts stance on expensing acquisition costs, 207:I–4 (10/29/09)

– American Intl. Group compensation decisions, Treasury Dep't should work more closely with N.Y. FRBank, TARP Special IG Barofsky says in report, 197:EE–8 (10/15/09)
– Antitrust, Hartford Financial Services agrees to pay $1.3M to settle claims it participated in anticompetitive schemes, Conn. Atty. Gen. Blumenthal announces, 203:A–10 (10/23/09)
– Centenarians, ACLI asks IRS to finalize insurance contract safe harbor, 193:G–1 (10/8/09)
– Discretionary clauses, Mont. Insurance Comm'r can prohibit insurers in state from including in employee benefit plans governed by ERISA (9th Cir.), 206:EE–5 (10/28/09)
– Federal insurance office requirement

See LEGISLATION, FEDERAL, HR 2609

– Life insurance

– – Breach of fiduciary duties, estate of deceased plan participant has no remedy (U.S., rev den), 191:EE–10 (10/6/09)
– – Corporate-owned life insurance policies, ruling on estates of 2 Wal-Mart employees seeks to determine if Fla. law retroactive (11th Cir.), 199:EE–16 (10/19/09)
– – Settlements, Treasury official discusses recent rulings, 188:G–2 (10/1/09)

– Regulatory reform, Kanjorski (D-Pa) circulates draft bill to create national insurance office, 189:EE–18 (10/2/09)
– Reinsurance, Treasury official discusses recent guidance, 188:G–2 (10/1/09)
– Tex. court rules dividends applied to premium renewals taxable (Tex. App.), 196:K–3 (10/14/09); decision text, 196:TaxCore (10/14/09)
– Unemployment insurance

See UNEMPLOYMENT INSURANCE

INTELLECTUAL PROPERTY

– AIDS therapy patent infringement, Stanford Univ. has no standing to bring lawsuit (Fed. Cir.), 192:A–7 (10/7/09)
– Chamber of Commerce Sixth Annual Global IP Center Summit, PTO Dir. Kappos addresses patent pendency reductions and IP czar nomination, 190:A–5 (10/5/09)
– Check fraud detection, patent claim by Advanced Software Design against several regional Fed banks must be brought in federal claims court (Fed. Cir.), 190:A–14 (10/5/09)
– Climate change global treaty, report analyzing impact of involuntary compulsory licensing finds green job losses could reach between one million and 3 million, Chamber of Commerce says, 189:A–5 (10/2/09)
– Computer processor technology, Intel and Wis. Alumni Research Foundation settle patent dispute (W.D. Wis.), 192:A–7 (10/7/09)
– Drugs

See DRUGS AND PHARMACEUTICALS

– Eco-Patent Commons is project under World Business Council for Sustainable Development to share information and patents on energy efficiency, conservation, waste reduction, and recycling, IBM official says, 202:A–29 (10/22/09)
– European Comm'n considers collective copyright licensing to promote online digital book distribution, 202:A–6 (10/22/09)
– First Action Interview Pilot Program expanded by PTO to reduce patent pendency and improve quality, 190:A–5 (10/5/09)
– Global patent system, European Union and U.S. must work together to promote innovation and help global economy recover, EU Patent Office president says, 204:A–7 (10/26/09)
– Google copyright settlement with authors and publishers, date set for submission of amended settlement (S.D.N.Y.), 193:A–8 (10/8/09); Chinese writers' group encourages members to take action against Google for scanning and posting their books online without permission, 204:A–7 (10/26/09)
– Internet

– – Criminal distribution of pirated IP facilitated by internet, and most egregious offenders still at large, panelist says, 196:A–7 (10/14/09)
– – French Constitutional Council approves law giving special judicial authority power to cut of access of illegal downloaders of copyrighted works and to issue fines after 2 unheeded warnings, 204:A–6 (10/26/09)

– Music recordings

See MUSIC RECORDING INDUSTRY

– Nursing garment cited as “flash of genius” in petition challenging obviousness judgment (U.S., rev sought), 188:A–3 (10/1/09)
– Overseas IP protection, GAO report says enhanced planning by U.S. diplomatic post leadership could strengthen efforts, 189:A–5 (10/2/09)
– Patent reform

See LEGISLATION, FEDERAL, S 515

– Pay TV content from U.S., Bahamas to restore copyright protection, USTR Kirk says, 188:A–9 (10/1/09)
– Performance royalty for songs aired on radio

See LEGISLATION, FEDERAL, S 379

– Rules package limiting patent continuation and claims practice rescinded, PTO Dir. Kappos announces, 194:A–14 (10/9/09); patent community applauds decision, 195:A–10 (10/13/09); despite rules rescission, Tafas case moves ahead on other issues (Fed. Cir.), 202:A–8 (10/22/09)
– Software, $388M jury award against Microsoft for patent infringement vacated (D.R.I.), 189:A–4 (10/2/09)
– Special 301 report on foreign countries' protection of IP rights, USTR seeks comment on reviews for Fiji, Israel, Philippines, Poland, and Saudi Arabia, 192:A–9 (10/7/09)
– Supreme Court pending cases discussed, BNA Special Report, 188:C–1 (10/1/09); reviews denied, 192:A–6 (10/7/09)
– Tax avoidance, patented strategies

See TAX PRACTICE

– Unregistered works, court struggles to distinguish “mandatory” from “jurisdictional” in interpreting §411(a) (U.S., oral arg), 194:A–2 (10/9/09)
– WIPO members conclude annual General Assembly meeting by endorsing compromise on protection of genetic resources, traditional knowledge, and folklore, 190:A–1 (10/5/09); members approve 2-year budget, trim spending because of crisis, 190:A–3 (10/5/09)

INTEREST RATES

– Applicable, adjusted federal interest rates for Nov., IRS Rev. Rul., 200:G–1 (10/20/09)
– Pension plans, minimum funding standard

See PENSIONS

– Placed-in-service date for new buildings cited in AFR tables for Aug. and Sept. corrected, 199:G–10 (10/19/09)
– State rates

See specific states

INTERIOR DEPARTMENT

– FY2010 budget

See LEGISLATION, FEDERAL, HR 2996*

– Surface Mining Reclamation and Enforcement Office, Senate Energy and Natural Resources approves Pizarchik to be director, 194:A–25 (10/9/09)

INTERNAL CONTROLS

See CORPORATE GOVERNANCE

INTERNAL REVENUE SERVICE (IRS)

– Commissioner succession, IRS issues delegation order, 195:G–7 (10/13/09)
– Personnel

– – LMSB Comm'r, Maloy appointed, 199:G–1 (10/19/09)
– – Tax compliance, SBSE hires 4,000 this year, 205:G–6 (10/27/09)
– – Travel, TIGTA says controls over premium class travel generally effective, 197:G–4 (10/15/09)

INTERNATIONAL FINANCE

– Ed. Note: This heading covers global finance and U.S. policy generally. For specific foreign finance, see countries, trade blocs, and regions.
– Bilateral Investment Treaty, Advisory Comm. on Intl. Economic Policy presents its report on provisions of existing U.S. model to State Dep't and USTR, 188:A–27 (10/1/09)
– Currency transactions, Tobin tax would do little to stabilize financial markets, IMF's Strauss-Kahn says, 190:I–2 (10/5/09)
– Foreign bank, trust reporting

See LEGISLATION, FEDERAL, HR 3933, S 1934

– Global economic crisis

– – Foreign direct investment expected to register sharp downturn in 2009, as result of crisis, World Ass'n of Investment Promotion Agencies president says, 197:EE–5 (10/15/09)
– – IMF report covers oil exporters of Middle East and North Africa, oil importers, and Caucasus and Central Asia, 196:EE–8 (10/14/09)
– – OECD says governments need to reevaluate rapport with private sector in wake of crisis, 204:EE–4 (10/26/09)
– – Telecom sector has emerged mostly unscathed, report says, 191:A–11 (10/6/09)

– Lending by large international banks, second quarter, Bank for Intl. Settlements report, 203:EE–3 (10/23/09)
– Loan origination by foreign firms in U.S., IRS ruling unique to facts, officials stress, 198:G–6 (10/16/09); text of Advice Memorandum, 193:TaxCore (10/8/09); IRS memo stands on shaky authority, demonstrates need for formal published guidance, Viewpoint, 199:J–1 (10/19/09)
– Regulatory reform, Treasury Sec'y Geithner calls for swift passage of reforms for U.S. and global financial systems, 189:EE–10 (10/2/09)
– Risks subsiding, IMF says threats to system remain, 188:EE–4 (10/1/09)

INTERNATIONAL MONETARY FUND (IMF)

– Argentina prepared to resume IMF's annual reviews of economy, economy minister says, 193:EE–4 (10/8/09)
– Financial sector risks subsiding, IMF says threats to system remain, 188:EE–4 (10/1/09)
– Global economic crisis, IMF report covers oil exporters of Middle East and North Africa, oil importers, and Caucasus and Central Asia, 196:EE–8 (10/14/09)
– Iceland's economic program reviewed, IMF releases $167.5M of $2.2B loan, 207:EE–12 (10/29/09)

INTERNATIONAL TAX

See also TAX TREATIES, specific countries, trade blocs, and regions
– Carbon emissions

See CLIMATE CHANGE

– CFCs

See CONTROLLED FOREIGN CORPORATIONS (CFCs)

– Corporations, KPMG survey finds governments turning to indirect taxes, ending rate cuts, 203:I–1 (10/23/09)
– Cross-border business, LMSB devoting increased attention to compliance issues, official tells TEI, 206:G–3 (10/28/09)
– Expatriates

– – Individuals

See EXPATRIATES

– – U.S. firms

See INVERSION TRANSACTIONS

– FBAR reporting

See INFORMATION REPORTING

– Financial institutions, OECD chief Gurria urges “light touch” on sector taxation to support recovery, 206:I–1 (10/28/09)
– Foreign firms, subsidiaries, Appeals official says IRS working on appeal right options for reporting penalties, 201:G–6 (10/21/09); Appeals working to handle international, shelter penalties on pre-assessment basis, 208:G–10 (10/30/09)
– Foreign income

– – Countries that exempt foreign income face compliance risks similar to those in U.S., GAO finds, 199:G–8 (10/19/09)
– – Credits for taxes paid

See FOREIGN TAX CREDIT

– High-wealth industry group to use holistic assessments, IRS Comm'r Shulman says, 205:G–3 (10/27/09); SBSE Deputy Comm'r Fink says high-income, high-wealth individuals are top enforcement priority, 205:G–6 (10/27/09); Shulman's prepared remarks for AICPA conference, 205:TaxCore (10/27/09)
– IRS guidance plan to emphasize international tax compliance, withholding, DiFronzo says, 202:G–7 (10/22/09); Treasury attorneys say plan to focus on foreign credit, securities lending, 207:G–8 (10/29/09)
– IRS, GWU conference on compliance, treaty issues set for Dec. 10 and 11, 195:G–1 (10/13/09)
– Obama's proposals to curb tax abuse still on table, Neal (D-Mass) aide, industry expert say, 196:G–5 (10/14/09); numerous issues remain to be worked out, Treasury official says, 200:G–4 (10/20/09)
– Offshore tax havens

See OFFSHORE HAVENS

– Possessions, U.S.

See specific territories

– Transfer pricing

See TRANSFER PRICING

– Value-added tax, easing compliance of small and medium-sized firms, OECD issues policy study, 198:I–2 (10/16/09)

INTERNATIONAL TRADE

– Ed. Note: This heading covers U.S. trade policy and global trade issues. For bilateral trade and foreign country trade, see specific countries, trade blocs, and regions.
– Anti-Counterfeiting Trade Agreement (ACTA), USTR says sixth round of negotiations would cover enforcement procedures in digital environment, and transparency issues, 195:A–12 (10/13/09)
– Antidumping

See ANTIDUMPING

– Customs

– – Audits and prior disclosure cases, CBP proposal gives guidance for statistical samplings, 202:A–11 (10/22/09)
– – Facilitation and trade enforcement operations reauthorization and strengthening

See LEGISLATION, FEDERAL, S 1631

– – Precision tunable lasers, CBP classification under Harmonized Tariff Schedule reversed (Ct. Intl. Trade), 203:A–7 (10/23/09)

– Developing countries

– – Benefits of trade liberalization undermined by high percentage of workers in informal sector, ILO-WTO report, 196:A–5 (10/14/09)
– – Generalized System of Preferences duty-free program, USTR announces petitions accepted in 2009 annual product review, 204:A–10 (10/26/09); Baucus (D-Mont) does not want GSP to lapse during reform effort, aide says, 207:A–19 (10/29/09)

– Eliminating foreign market barriers before reducing U.S. tariffs

See LEGISLATION, FEDERAL, HR 3786, S 1766

– Enforcement bill introduced by Brown (D-Ohio) and Stabenow (D-Mich) would revive Super 301 authority, 207:A–13 (10/29/09)
– Environmental goods and services agreement critical to lowering tariff and nontariff barriers, Commerce Dep't official says, 193:A–16 (10/8/09)
– Excise taxes on imports, proposed TTB rules clarify link between tax payment under Code, drawback of tax, 197:G–1 (10/15/09)
– Gloves, oral arguments heard in challenge brought by importer Totes-Isotoner regarding provisions in Harmonized Tariff Schedule (Fed. Cir.), 191:A–22 (10/6/09)
– Import-export prices, BLS report, Sept., 197:EE–1 (10/15/09)
– Miscellaneous tariff bill, Senate Finance Comm. ranking member Grassley (R-Iowa) joins Chrm. Baucus (D-Mont) in announcing initiation of development, 189:A–23 (10/2/09)
– North American Competitiveness Council establishment, Judicial Watch can pursue Federal Advisory Comm. Act suit against Commerce Dep't (D.C. Cir.), 198:A–6 (10/16/09)
– Obama admin. trade-related nominees, business groups urge Senate leaders to schedule early hearings on 5, 204:A–13 (10/26/09)
– Promoting U.S. exports abroad, more funds and personnel needed, Senate panel told, 192:A–29 (10/7/09)
– Shipping

See SHIPS AND SHIPPING

– Small and medium-sized businesses, USTR Kirk asks ITC for report on how they are exporting in effort to focus assistance, 191:A–13 (10/6/09)
– Sugar, FY2010 country-by-country allocations of in-quota quantity of tariff-rate quotas announced by USTR, 192:A–10 (10/7/09)

INTERNET

– Ed. Note: For the electronic sales of goods and services, see ELECTRONIC COMMERCE. For a list of electronic resources and websites, see Electronic Resources section of each issue.
– Broadband infrastructure

– – National plan, wireless industry asks government to reallocate 800 MHz of spectrum, 188:A–5 (10/1/09)
– – Public safety interoperable communications grant program

See LEGISLATION, FEDERAL, S 1694

– – Stimulus funding, NTIA awards first set of grants, 192:A–6 (10/7/09)

– Canada's telecommunications regulator issues new policy framework for internet traffic management practices, 203:A–6 (10/23/09)
– Cybersecurity

See ELECTRONIC COMMERCE

– Domain name management

See ELECTRONIC COMMERCE

– E-rate program to connect schools and libraries to internet, Rockefeller (D-WVa) seeks FCC rule change to increase funding, 195:A–23 (10/13/09)
– Global demand for mobile and internet communications services expected to show continued growth in 2009 despite global economic and financial crisis, UN ITU says, 192:A–2 (10/7/09)
– Intellectual property

– – Criminal distribution of pirated IP facilitated by internet, and most egregious offenders still at large, panelist says, 196:A–7 (10/14/09)
– – European Parliament backs off from demands that court order be required before any EU citizen's internet access cut off for repeated illegal downloading of copyrighted material, 205:A–4 (10/27/09)
– – French Constitutional Council approves law giving special judicial authority power to cut of access of illegal downloaders of copyrighted works and to issue fines after 2 unheeded warnings, 204:A–6 (10/26/09)

– Media in digital age, FCC Chrm. Genachowski says agency would work toward goals of report by Knight Comm'n, 190:A–6 (10/5/09)
– Net neutrality

– – Advocates' brief urges enforceability of FCC principles (D.C. Cir.), 192:A–12 (10/7/09)
– – AT&T accused by advocates of urging its employees to use their personal e-mail accounts to tell FCC to reject neutrality rules, 201:A–13 (10/21/09)
– – Debate heats up as GOP leaders launch opposition, 191:A–16 (10/6/09)
– – FCC Chrm. Genachowski holds firm on his proposal to extend neutrality regulations to industry, 193:A–13 (10/8/09); FCC's chief of Wireless Telecommunications Bureau Milkman outlines how regulations likely to apply to wireless industry, 196:A–10 (10/14/09); FCC scheduled to vote Oct. 22 on first step in process, lobbyists continue work, 199:A–17 (10/19/09); FCC to begin process of crafting final rules, 203:A–8 (10/23/09)
– – Tech firms, public interest groups mount vigorous campaign to counter Bell company lobbying, 202:A–14 (10/22/09)

– Privacy expectations in evolving market considered by social networking sites, 193:A–21 (10/8/09)
– Voice over Internet Protocol (VoIP), FCC sends letter of inquiry regarding Google Voice service's blocking certain calls to rural areas, 195:A–18 (10/13/09)

INTERVIEWS

– Accounting, new SEC Chief Accountant Kroeker focuses on IFRS road map, convergence, and independence issues, 200:J–1 (10/20/09)
– Transfer pricing, OECD's Silberztein defends arm's-length standard, discusses restructuring project, 189:J–1 (10/2/09); written response, 189:J–2 (10/2/09)

INVENTORIES

– Business inventories, Aug., Commerce Dep't report, 197:EE–4 (10/15/09); text of Aug. data, 197:E–4 (10/15/09)
– Charitable donation of food inventory

See LEGISLATION, FEDERAL, HR 3227, S 1313

– LIFO guidance, IRS seeks public comment on, 205:G–9 (10/27/09)

INVERSION TRANSACTIONS

– Domestic tax treatment

See LEGISLATION, FEDERAL, S 506

– Safe harbors, IRS looking at new safe harbor for §7874 inversions, 191:G–1 (10/6/09)

IOWA

– Economic development tax credits available yearly limited, final rules take effect, 204:H–1 (10/26/09)
– Film production credits, Iowa Atty. Gen. begins criminal investigation into state program, 192:H–2 (10/7/09)
– Interest rate for delinquent taxes to decline in 2010, 196:H–3 (10/14/09)
– Property values, annual assessment limits for agricultural, residential properties released, 204:H–1 (10/26/09)
– State's tax credit liabilities could grow through FY2011, revenue dep't report says, 195:H–3 (10/13/09)
– Targeted jobs withholding tax credit, changes to definitions, rules take effect Oct. 28, 201:H–1 (10/21/09)

IRAN

– Divestiture by fund managers and states from companies that invest in energy sector

See LEGISLATION, FEDERAL, HR 1327

– Refined petroleum products, Obama admin. not yet decided whether to support legislation that would penalize companies that assist Iran in obtaining, 192:A–1 (10/7/09); further action, see LEGISLATION, FEDERAL, HR 2194
– Sanctions, Senate Banking Comm. approves draft bill, 208:A–5 (10/30/09)
– South Africa's largest industrial company, Sasol, expresses fears about potential of facing sanctions from U.S. as result of its business activities with Iran, 197:A–2 (10/15/09)

IRAQ

– Economic program, IMF cites progress in talks, 192:EE–2 (10/7/09)
– UN Oil for Food Program, AGCO Corp. to pay more than $20M in fines, penalties, and disgorgement to settle kickback charges (D.D.C.), 188:EE–12 (10/1/09)
– U.S. and Iraq focusing on building economic partnership to exemplify normalization of relations, Commerce Sec'y Locke says, 202:A–18 (10/22/09)

IRAs

See INDIVIDUAL RETIREMENT ACCOUNTS (IRAs)

IRS

See INTERNAL REVENUE SERVICE (IRS)

ITALY

– Regional business tax, PM Berlusconi announces plans for phasing out IRAP, 204:I–2 (10/26/09); parliament begins debate, 206:I–1 (10/28/09)
– Sicily

– – Business tax incentives, European Comm'n approves, 189:I–4 (10/2/09)
– – Flooding, government to grant tax relief, 192:I–1 (10/7/09)

– Tax amnesty program spurs record repatriations, 196:I–1 (10/14/09)