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Bits & Bites
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CA Magazine
- Article date:
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June 1, 2008
- Author:
- Anonymous
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Copyright informationCopyright CANADIAN INSTITUTE OF CHARTERED ACCOUNTANTS Jun/Jul 2008. Provided by ProQuest LLC. (Hide copyright information)
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Insight, news + reports at a glance
Cautionary tale on business sales
When it comes to selling a business, Canadian entrepreneurs have a word of advice for their peers: do as I say, not as I did.
In a Newport Partners survey of more than 100 Canadian business sellers, fewer than half the respondents said they had evaluated all types of potential buyers, and only one-third obtained an independent valuation, but nearly three-quarters would advise other entrepreneurs to do so. Similarly, while 62% recommend methodically pre-planning the sale of a business two to three years in advance, fewer than one-quarter actually did so themselves.
"Few took proactive steps to maximize their company's sale ...
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BROWNBACK AND NFIB: SUNSET THE TAX CODE BY 2001
Capitol Hill Press Releases;
October 22, 1997 ;
271 words
......224-6521 Brownback And NFIB: Sunset The Tax Code By 2001 WASHINGTON--- United States Senator...Business in the campaign to sunset the IRS Tax Code by December 31, 2000. At a Capitol Hill...their best efforts to sunset the current tax code before the year 2001. We need to start...
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BROWNBACK: "CLINTON DEFENDS TAX CODE; TRIES TO RAISE TAXES BY $105...
Capitol Hill Press Releases;
March 2, 1998 ;
346 words
......785)233-2503 BROWNBACK: CLINTON DEFENDS TAX CODE; TRIES TO RAISE TAXES BY $105 BILLION...proposals and his defense of the current tax code. Americans pay more in taxes than they...million word monstrosity that passes for a tax code is not fair or - responsible. said Brownback...
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HANSEN VOTES TO SCRAP THE TAX CODE
Capitol Hill Press Releases;
June 17, 1998 ;
301 words
......Johnson DATE: June 17,1998 (202) 225-0453 Hansen Votes to Scrap the Tax Code Calls for a fairer, simpler tax code by 2002 Washington, D.C.: The House of Representatives passed the Tax Code Termination Act today to sunset the existing tax code in 2002...
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Sending tax code gentle into that good night
Chicago Sun-Times;
February 22, 2000 ;
Daniel J. Mitchell;
730 words
...The tax code gets more complicated and unfair with...Revenue Code. Some of the changes to the tax code are the result of back-room dealmaking...seven times longer than the Bible, the tax code's 5.5 million words have created a nightmare...
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CORRECT ANSWER: SIMPLIFY TAX CODE EVEN THE IRS CAN'T FIGURE OUT THE...
Wisconsin State Journal (Madison, WI);
September 22, 2003 ;
281 words
......of the IRS as it was an indictment of the federal tax code. The U.S. Tax Code is such a mind-numbing mass of complexity that it...indictment of Congress, which has continued to make the tax code more and more complicated. The IRS has consistently...
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STATEMENT OF MAJORITY WHIP TOM DELAY REGARDING THE TAX CODE TERMINATION...
Capitol Hill Press Releases;
June 17, 1998 ;
310 words
......Majority Whip Tom DeLay Regarding the Tax Code Termination Act June 17, 1998 Mr. Speaker: I rise in support of the tax code termination act. Today, we have a simple...designing a better, fairer and simpler tax code. Or we can register our support for...
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SEN. SMITH SIGNS ON TO END THE CURRENT TAX CODE
Capitol Hill Press Releases;
October 1, 1997 ;
329 words
......2841 Senator Smith Signs On To End the Current Tax Code Cosponsors the Tax Code Termination Act (WASHINGTON, D.C.) -- Senator Bob...announced he has signed on as a sponsor of the Tax Code Termination Art to sunset the existing Internal...
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NEUMANN SAYS IRS TAX CODE MUST GO
Capitol Hill Press Releases;
September 10, 1997 ;
348 words
......1997 (202) 225-3031 Neumann Says IRS Tax Code Must Must Be Replaced With Fairer, Simpler...burdens of the dreaded, complicated IRS tax code that now exists and replace it with a...sunset the current Internal Revenue Service tax code by December 31, 2001 and in the interim...
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A TAX CODE THAT IS FAIR, SIMPLE AND SHORT
Capitol Hill Press Releases;
April 12, 2000 ;
620 words
......FOR IMMEDIATE RELEASE April 12, 2000 A TAX CODE THAT IS FAIR, SIMPLE AND SHORT As every...the other complications that flow from a tax code with nearly seven million words. It has...with a two-pronged campaign to reform the tax code. First, there is the step-by-step approach...
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TAX CODE: CONGRESS CAN UNDUE THE DAMAGE
Wyoming Tribune-Eagle;
March 13, 1998 ;
Scott Smith;
462 words
......something about our country's current tax code has prompted a puzzling response from...he's on their side. That is, unless the tax code is involved. President Clinton recently...suggesting America do away with its current tax code and try to come up with something less...
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HOSTETTLER VOTES TO BURY THE TAX CODE BY 2005
Capitol Hill Press Releases;
April 13, 2000 ;
300 words
......13, 2000 HOSTETTLER VOTES TO BURY THE TAX CODE BY 2005 WASHINGTON, DC - U.S. Rep. John...incomprehensible, intrusive and burdensome federal tax code within the next five years. Hostettler...cosponsor of H.R. 4199, which sunsets the tax code effective Dec. 31, 2004, forcing the ...
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EDITORIAL : SELLING A PIG IN A POKE; PLAN TO REPEAL THE TAX CODE BEFORE...
Daily News (Los Angeles, CA);
March 5, 1998 ;
390 words
......that dense, impenetrable language in the tax code that hardly anyone understands. That's...by passing a bill that would scrap the tax code by 2001. Clearly the GOP is in touch with...there's nothing wrong with repealing the tax code. The challenge is for Washington to come...
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Strong arguments made for simplifying tax code
The Pantagraph Bloomington, IL;
March 14, 2002 ;
216 words
......quest to have Congress simplify the federal tax code. This is a good time for O'Neill to talk about the tax code. As the April 15 filing deadline draws closer, more and more people have the tax code on their minds. Like a leaky roof in the rain...
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IMPACT OF U.S. TAX CODE ON REVENUE PROJECTIONS AND BUDGET:JIM NUSSLE
Congressional Testimony;
July 22, 2004 ;
787 words
......hearing regarding the impact of our current tax code on federal revenue projections and the...problems and complexities of our current tax code are of particular concern to the Budget...simply, that the budgeting process and the tax code are inextricably linked. We collect Federal...
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Time to sunset the tax code
The Journal Record;
May 1, 2000 ;
Terry Neese;
787 words
...The tax code gets more complicated and unfair with...seven times longer than the Bible, the tax code's 5.5 million words have created a nightmare...Washington, D.C., believes this is why the tax code should be sunset -- meaning that it would...
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