Washington (June 21, 2004) - The House passed by a wide margin this week a bill that would repeal the export tax incentive regime deemed illegal by World Trade Organization.

The bill, H.R. 4520, known as the American Jobs Creation Act of 2004, passed in a 251-178 vote late last week. Differences with the Senate version of the bill, passed last month, must now be cleared before a conference version can be approved for signature by President Bush.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access