The Revenue Laws Study Committee agenda included items such as an overview of the unemployment tax from an Employment Security Commission official, an update on federal tax law changes and distribution of an Internal Revenue Code draft, central appraisal of wireless companies, industry-specific apportionment formulas for telephone companies, the history and background of the present-use value program, department-initiated tax refunds follow up, technical and administrative tax changes, and adjourning with the next meeting scheduled for January 19th.
Original Description:
Agenda for the NC General Assembly Revenue Laws Study Committee
Original Title
Draft Agenda for Jan 5 2011 meeting of the Revenue Laws Study Committee
The Revenue Laws Study Committee agenda included items such as an overview of the unemployment tax from an Employment Security Commission official, an update on federal tax law changes and distribution of an Internal Revenue Code draft, central appraisal of wireless companies, industry-specific apportionment formulas for telephone companies, the history and background of the present-use value program, department-initiated tax refunds follow up, technical and administrative tax changes, and adjourning with the next meeting scheduled for January 19th.
The Revenue Laws Study Committee agenda included items such as an overview of the unemployment tax from an Employment Security Commission official, an update on federal tax law changes and distribution of an Internal Revenue Code draft, central appraisal of wireless companies, industry-specific apportionment formulas for telephone companies, the history and background of the present-use value program, department-initiated tax refunds follow up, technical and administrative tax changes, and adjourning with the next meeting scheduled for January 19th.
I. Approval of Minutes from December 1, 2010 Meeting
II. Overview of the Unemployment Tax
– Kevin Carlson, Assistant Chairman for Finance and Administration, Employment Security Commission III. Federal Tax Law Changes Update & Distribution of IRC Update Draft – Cindy Avrette, Research Division IV. Central Appraisal of Wireless Companies – Martha Walston, Fiscal Research Division
V. Industry-Specific Apportionment Formulas: Telephone
– Lennie Collins, Director of Corporate, Excise, and Insurance Tax, Department of Revenue VI. History and Background of Present-Use Value Program – David Baker, Director of Property Tax Division, Department of Revenue – Comments from Interested Parties: NC Farm Bureau, NC Association of County Commissioners, Tax Assessors
VII. Department-Initiated Tax Refunds: Follow Up
– Trina Griffin, Research Division
VIII. Technical, Clarifying, and Administrative Changes – Part II
– Trina Griffin, Research Division IX. Adjournment
Report of The Standing Committee On Procedure and House Affairs: QUESTION OF PRIVILEGE RELATING TO THE FAILURE OF THE GOVERNMENT TO FULLY PROVIDE THE DOCUMENTS AS ORDERED BY THE HOUSE