Treasury press release: Regulations to be Issued on Certain Triangular Reorganizations Involving Foreign Corporations: “The Department of the Treasury today issued a notice that announced that the Treasury Department and the Internal Revenue Service will issue regulations under section 367(b) of the Internal Revenue Code (Code) to address certain triangular reorganizations under section 368(a) involving foreign corporations. The notice states responds to comments and requests for guidance regarding certain triangular reorganizations that are designed to avoid U.S. tax, including tax on the repatriation of a subsidiary’s earnings.”
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Daily Archives: September 22, 2006
DOD IG Audit of Northrop Grumman Pension Accounting Records for the Acquisition of TRW
Department of Defense Office of the Inspector General — Audit –Consolidation of Northrop Grumman Pension Accounting Records for the Acquisition of TRW – Report No. D-2006-113 (PDF) – Project No. D2006-D000FC-0001.000, Date: September 22, 2006. “…Northrop Grumman is among the largest companies in the defense industry…Defense Contract Management Agency representatives did not document why a… Continue Reading
GAO Reports Address Military Operations and Contractor Employees, Reserve Components, and Casualty Assistance Programs
Military Operations: Background Screenings of Contractor Employees Supporting Deployed Forces May Lack Critical Information, but U.S. Forces Take Steps to Mitigate the Risk Contractors May Pose, GAO-06-999R, September 22, 2006. Military Personnel: DOD and the Services Need to Take Additional Steps to Improve Mobilization Data for the Reserve Components, Full text GAO-06-1068, and Highlights, September… Continue Reading
GAO Report on Federal Climate Change Funding
Climate Change: Greater Clarity and Consistency Are Needed in Reporting Federal Climate Change Funding, Full-text GAO-06-1122T, and Highlights, September 21, 2006. Continue Reading
Senate Judiciary Cmte. Approves Open Government Act
Press release: “The Senate Judiciary Committee Thursday unanimously approved a bill aimed at substantially enhancing and expanding the accessibility, accountability, and openness of the federal government. The Openness Promotes Effectiveness in our National Government Act of 2005, or the OPEN Government Act (S. 394), was authored by Senators Patrick Leahy (D-Vt.), the ranking Democratic member… Continue Reading
Recommendations for Identity Theft Related Data Breach Notification
Follow-up to September 19, 2006 posting, President’s Identity Theft Task Force Announces Interim Recommendations, today OMB issued a memorandum of Recommendations for Identity Theft Related Data Breach Notification, from Clay Johnson, Deputy Director for Management. “We…recommend that each agency identify in advance a core management group that will be convened upon the identification of a… Continue Reading
OMB Accounting Guidance for Earmarked Funds
M-06-27, Fiscal Year 2006 Year-end Accounting Guidance for Earmarked Funds (September 22, 2006) Continue Reading
EPA Headquarters Library Closes Effective October 1, 2006
Follow-up to previous postings, EPA Commenses Closure of Libraries Amid Protests and EPA Libraries And Unique E-Catalog Threatened by Budget Cutbacks, this September 21, 2006 rress release: “The U.S. Environmental Protection Agency is closing its Headquarters Library to the public, as well as its own staff, effective October 1. This shutdown is the latest in… Continue Reading
Washington Post Political Ads Database
“About The Political Ads Database: The database includes political advertisements funded by campaigns, parties, committees, and independent advocacy groups. Most of the ads are tied to specific U.S. House, U.S. Senate, or gubernatorial races throughout the country. Some of the ads are more general “issue” or advocacy ads not tied to a particular race or… Continue Reading
Answers.com Reference Content Integrated into NYTimes.com
Answers.com on New York Times Online — FAQ and screen shot: “New York Times Online is now providing its visitors with a new feature that gives instant definitions, and background information about people, history, technology, culture and other topics from over 18 reference categories. When you Alt-Click (press the alt key while clicking the mouse)… Continue Reading
DOJ OIG Audit of Selected Controls over the Military Personnel, Army Appropriation
Office of the Inspector General — Audit — Selected Controls over the Military Personnel, Army Appropriation – Report No. D-2006-112(40 pages, PDF) – Project No. D2005-D000FI-0268.000, Date: September 22, 2006. “The Army Budget Office and DFAS-IN lacked effective internal controls to ensure the accuracy and reliability of accounting data. Specifically, the Army Budget Office and… Continue Reading
