Daily Report for Executives Index-Summary

OCCUPATIONAL SAFETY AND HEALTH

– Asbestos work practice standards violations, charges against San Diego Gas & Electric and 2 employees dismissed (S.D. Cal.), 196:A–22 (10/14/09)

OFFSHORE HAVENS

– Bank secrecy

– – Foreign bank, trust, corporate disclosures

See LEGISLATION, FEDERAL, HR 3933, S 1934

– – Liechtenstein prince defends financial privacy in growing climate of tax transparency, 201:I–8 (10/21/09)
– – Swiss bank litigation

See SWITZERLAND

– Brazil begins tax haven crackdown, 191:I–3 (10/6/09)
– Expatriate U.S. firms

See INVERSION TRANSACTIONS

– French measures for fighting tax evasion

See FRANCE

– Isle of Man sends IMF report on compliance to U.S. Treasury, 190:I–3 (10/5/09)
– Jersey sends IMF evaluation on compliance to U.S. Treasury, 195:I–2 (10/13/09); correction, 197:I–2 (10/15/09)
– Tax information exchange agreements

– – Guernsey notes Australia accord in letter to U.S. Treasury, 196:I–4 (10/14/09); correction, 197:I–2 (10/15/09)
– – Liechtenstein TIEAs

See LIECHTENSTEIN

– U.S. efforts against tax evasion

– – DOJ crackdown, report corrected, 189:G–11 (10/2/09); senators urge DOJ to ensure funding sufficient, 195:G–4 (10/13/09)
– – IRS official cites gains in effort to combat tax evasion, discusses Treasury's FY2010 proposals, 197:G–15 (10/15/09); IRS seen pursuing international tax evasion for foreseeable future, 207:G–2 (10/29/09)

– Voluntary disclosures

– – Deadline nears, 10 things to consider, Viewpoint, 188:J–1 (10/1/09); IRS reminds taxpayers of Oct. 15 deadlines, 189:G–10 (10/2/09); news release, 189:TaxCore (10/2/09); filers can still submit documents, 205:G–3 (10/27/09)
– – Estate and gift tax issues emerging under IRS disclosure program, 205:G–1 (10/27/09)
– – FBAR reporting

See INFORMATION REPORTING

– – IRS posts information in 6 foreign languages, 188:G–13 (10/1/09)
– – Over 7,500 applied for amnesty, IRS Comm'r says criminal investigations to expand, 197:GG–1 (10/15/09)
– – States take variety of approaches in wake of federal disclosure program, BNA Analysis & Perspective, 194:J–1 (10/9/09)
– – Threat of criminal prosecution of UBS clients makes disclosure program success, conference participants say, 201:G–7 (10/21/09)
– – UK tax agency launches web portal for disclosures of offshore income and assets, 190:I–2 (10/5/09)

OHIO

– Budget deficit, governor proposes delay of personal income tax rollback after court rules against video lottery terminals, 189:H–1 (10/2/09)
– Commercial activity tax, CAT return filings urged to avoid penalties, 205:H–1 (10/27/09)
– Job training, applicant entitled to tax credit despite incomplete application, Ohio Bd. of Tax Appeals rules, 197:H–1 (10/15/09)
– Mining, water permit proposal should not apply to Ohio, because state operations do not involve mountaintop removal, Army Corps told, 199:A–23 (10/19/09)
– Natural gas tax scheme, suppliers' appeal 6th Cir. decision (U.S., rev sought), 190:K–1 (10/5/09)

OIL AND GAS

– Air pollution

– – Colo. failed to adequately evaluate permit for natural gas facility, EPA says, 202:A–34 (10/22/09)
– – EPA revokes Bush admin. policy on emissions aggregation, 202:A–22 (10/22/09)
– – Ind. 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)

– Alaska, Interior Dep't allows Shell Offshore to drill on 2 leases in Beaufort Sea in 2010, with native-whaling conditions, 200:A–17 (10/20/09)
– Arctic Circle may hold 22 percent of world's undiscovered conventional oil and natural gas resources, but high development costs, long distances, and other negatives delay action, EIA report, 200:A–11 (10/20/09)
– Biofuels

See ALTERNATIVE FUELS

– Demand forecasts for 2009 and 2010 upgraded, IEA says outlook remains uncertain, 195:A–1 (10/13/09)
– Hazardous air pollutants, EPA to publish portions of rule setting technology-based control requirements for petroleum refinery heat exchangers, 200:A–7 (10/20/09); EPA to withdraw study of residual risks from emissions, plans second assessment, 206:A–1 (10/28/09)
– Heating bills for natural gas should drop up to 25 percent in winter 2009-2010, distributors say, 191:A–1 (10/6/09); EIA predicts lower heating bills, says energy prices expected to rebound in 2010, 192:A–24 (10/7/09)
– Investments into exploration and development, declines could delay global economic recovery because of resulting price increases, IEA says, 197:A–8 (10/15/09)
– Natural gas producers expect stable supply for winter despite decline in drilling activity, 197:A–1 (10/15/09)
– N.Y. issues impact statement to regulate natural gas drilling in state, 189:A–8 (10/2/09)
– Offshore drilling, Aronberg (D-Fla) and Deutch (D-Fla) to push legislation to create panel of experts to examine impact of drilling off state's east and west coasts, 193:A–12 (10/8/09)
– Ohio's natural gas tax scheme, suppliers appeal 6th Cir. decision (U.S., rev sought), 190:K–1 (10/5/09)
– Oil shale development in West, Interior Sec'y Salazar announces scaled back program, asks for investigation into Bush lease terms, 201:A–14 (10/21/09)
– Okla. tax on gas held in storage, Supreme Ct. seeks briefs (U.S.), 191:K–2 (10/6/09)
– Pipelines

See PIPELINES

– Price volatility, IEA plans seminar of market regulators to discuss economic effects on oil markets and ways to combat it, 198:A–3 (10/16/09)
– Royalty case involving Kerr-McGee (U.S., rev den), 191:A–21 (10/6/09)
– Spills

– – BP Exploration (Alaska) agrees to pay $1.7M in civil penalties and make improvements to storage tank containment areas to settle rules violations, 191:A–9 (10/6/09)
– – Cal., Chevron and airline consortium that owns jet fuel tank farm at San Francisco Intl. Airport to spend $1M to resolve charges it violated Clean Water Act, EPA says, 196:A–20 (10/14/09)
– – Exxon Valdez spill, Sea Hawk Seafoods' appeal to win additional payments (U.S., rev den), 191:A–18 (10/6/09)

– Tar sands oil, NRDC request to block planned pipeline from Canada to U.S. rejected (D.D.C.), 188:A–25 (10/1/09)
– Tax increases opposed, 205:G–9 (10/27/09); industry unions, API letter to Congress, 205:TaxCore (10/27/09)
– Utah, Interior Dep't to split up 77 oil and natural gas exploration leases, blocking 8 and deferring decisions on 52, 194:A–27 (10/9/09)
– Wyo. policy to issue discharge permits for produced water from coal bed methane gas drilling operations, EPA raises concerns, 195:A–20 (10/13/09)

OKLAHOMA

– Electric vehicles, Tax Comm'n rescinds emergency rule barring tax break for street-legal golf carts, 193:H–1 (10/8/09)
– Intangible property, ad valorem exemption limited by state constitution (Okla.), 188:K–1 (10/1/09); Southwestern Bell Telephone ruling, 188:TaxCore (10/1/09)
– Natural gas held in storage, briefs sought on application of property tax (U.S.), 191:K–2 (10/6/09)
– Telecommunications ancillary services, Okla. issues sourcing rule, 205:H–2 (10/27/09)

OREGON

– Ballot referendums on tax hikes, legislative report notes impact on larger firms, 192:H–1 (10/7/09); tax hike measures will be on Jan. ballot, 195:H–1 (10/13/09); reports say business tax burden would rise if measures 66, 67 adopted, 199:H–2 (10/19/09)
– Interest rate proposal would drop rate in Jan. for refunds, delinquencies, 196:H–1 (10/14/09)
– Portland franchise fees, Tax Injunction Act deprives district court of jurisdiction (U.S., rev sought), 190:K–1 (10/5/09)
– Property taxes to increase despite decline in property values, 198:H–1 (10/16/09)