The President's Advisory Panel on Federal Tax Reform will hold its eighth meeting this week, said the body's chairman and vice-chairman, senators Connie Mack and John Breaux.

The group's May 11 meeting will examine specific options for reform, including the value-added tax, the consumption income tax, the retail sales tax and the flat tax. A May 12 meeting focusing on business tax reform proposals will consider the integration of the corporate and individual tax systems, business tax simplification and international income taxation.

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