The House of Representatives voted 272-162 to permanently repeal estate taxes beginning in 2011, when the current law that temporarily phases out estate taxes expires.

House members on Wednesday approved H.R. 8, the Permanent Estate Tax Repeal Act of 2005, after easily killing a Democratic compromise.

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