Canadian Law News, Videos & Articles
A group of US lawmakers together with Senate Democrat Sherrod Brown and Maria Cantwell write Treasury Secretary Janet Yellen urging the department to amend its proposed rule on funding tax credits for green power initiatives to spice up support for biogas conversion. The US Chamber of Commerce urged a federal appeals courtroom to reverse a Tax Court holding that 3M Co. properly owes tax on royalties following an IRS adjustment, because the Tax Court failed to acknowledge that the Treasury Department didn’t adhere to the appropriate rulemaking course of. Film tax credit packages had been designed to attract movie and…