Daily Tax Report Index-Summary

FBAR REPORTING

See INFORMATION REPORTING

FEDERAL AVIATION ADMINISTRATION (FAA)

– Extension of FAA, aviation taxes

See LEGISLATION, FEDERAL, HR 3607*

FEDERAL BUDGET

See FY2010 BUDGET

FEDERAL TAX REFORM

See TAX POLICY AND REFORM

FILM INDUSTRY

See MOTION PICTURES

FINAL IRS REGULATIONS

– Estate expenses, claims against it, rules on deductions under §2053 issued, limited exception provided, 199:GG–1 (10/19/09); text of TD 9468, 199:L–1 (10/19/09)
– Gift tax, rules for valuation disputes, exhaustion of remedies corrected, 205:G–9 (10/27/09); correcting amendment, 205:TaxCore (10/27/09); correction to TD 9460, 205:TaxCore (10/27/09)
– Pension funding, benefit restriction, IRS releases hefty rules package, 193:GG–1 (10/8/09); text of TD 9467, 193:Text Supp (10/8/09)
– S corporations with COI income, attribute reduction, 208:G–1 (10/30/09); text of TD 9469, 208:L–1 (10/30/09)
– Single-owner disregarded entities, IRS corrects rules on treatment as corporations for excise and employment tax purposes, 196:G–6 (10/14/09); correction to TD 9462, 196:TaxCore (10/14/09)

FINANCIAL INDUSTRY STABILIZATION

– Citigroup Global Markets agrees to FINRA fine for tax-related strategy, 196:G–3 (10/14/09)
– Tax consequences of Treasury actions unknown, IRS officials say, 198:G–3 (10/16/09)
– Tobin tax on currency transactions would do little to stabilize financial markets, IMF's Strauss-Kahn says, 190:I–2 (10/5/09)

FINLAND

– Manufacturing investments, European Comm'n approves tax incentive that boosts depreciation, 197:I–1 (10/15/09)

FIREARMS

– Exports, Treasury asks OMB to review ATF form, 199:G–10 (10/19/09)

FOIA

See FREEDOM OF INFORMATION ACT (FOIA)

FOREIGN TAX CREDIT

– AMT statute takes precedence over U.S.-Canada tax treaty (D.C. Cir.), 199:K–1 (10/19/09); decision text, 199:TaxCore (10/19/09)

FORMS

See TAX FORMS

401(k) PLANS

– Compliance questionnaire, IRS plans to send out in FY2010 second quarter, 202:G–6 (10/22/09)
– Employer hardship, IRS is reviewing requests for relief for employers stopping plan contributions, 188:G–12 (10/1/09)
– Fee transparency

See LEGISLATION, FEDERAL, HR 2989

– Required minimum distributions, practitioners raise questions about RMDs, 2009 waiver at IRS phone forum, 208:G–8 (10/30/09)

FRANCE

– Bank profits, parliament to vote on amendment to impose one-time tax, 201:I–1 (10/21/09); Natl. Assembly rejects bank, local business taxes in budget bill, 208:I–2 (10/30/09)
– Budget plan would reduce business taxes, assess carbon tax on households and firms, 189:I–1 (10/2/09); government minister defends business tax proposal at parliamentary hearing, 193:I–2 (10/8/09); parliamentary panel trims government plan, 203:I–1 (10/23/09); Natl. Assembly approves most of government's plan, 205:I–2 (10/27/09); Natl. Assembly rejects bank, local business taxes in budget bill, 208:I–2 (10/30/09)
– Climate change, Natl. Assembly approves carbon tax in budget bill, 208:I–2 (10/30/09)
– Port security costs, Senate bill would tax commercial traffic, 201:I–4 (10/21/09)
– Tax havens

– – Banks required to report operations in uncooperative tax havens, 195:I–1 (10/13/09)
– – Parliamentary report recommends measures for fighting tax fraud, 193:I–1 (10/8/09)

– Trademark moves to low-tax nations, France conducts transfer pricing audits, 197:I–2 (10/15/09)

FRAUD

See ACCOUNTING; TAX FRAUD

FREEDOM OF INFORMATION ACT (FOIA)

– Criminal tax case, IRS ordered to supplement “Vaughn” index (W.D. Wash.), 203:K–1 (10/23/09); decision text, 203:TaxCore (10/23/09)
– Letter summaries released, 192:G–3 (10/7/09); 196:G–1 (10/14/09); 201:G–3 (10/21/09); 206:G–2 (10/28/09)

FUEL TAXES

– Aviation fuel

See LEGISLATION, FEDERAL, HR 3607*

FY2010 BUDGET

– Congress focuses on appropriations bills, 190:N–1 (10/5/09); 195:N–1 (10/13/09); action slows, Dec. legislative session looms, 197:N–1 (10/15/09); second continuing resolution likely, 204:N–1 (10/26/09); Reid (D-Nev) says Senate to work on 2 spending bills, but CR needed to maintain funding, 205:N–1 (10/27/09)
– Continuing resolutions

See LEGISLATION, FEDERAL, HR 2918*, HR 2996*