International Trade Today is a Warren News publication.

The Senate must pass the Expiring Provisions Improvement...

The Senate must pass the Expiring Provisions Improvement Reform and Efficiency (EXPIRE) Act, a group including CTIA, Fiber to the Home Council Americas, ITTA-the Voice of Mid-Size Telecommunications Carriers, NCTA, TechNet, the Telecommunications Industry Association and USTelecom told all U.S…

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

senators in a letter sent Tuesday. “The EXPIRE Act will extend the tax provisions that expired at the end of 2013,” which “benefit a wide range of taxpayers,” the letter said (http://bit.ly/R9RiP8). “The lack of timely action to extend these provisions injects instability and uncertainty into the economy and weakens confidence in the employment marketplace.” Don’t wait until the end of the year since companies are making choices now, the letter added. Finance Committee Chairman Ron Wyden, D-Ore., introduced the act and it cleared that committee April 28. It includes a provision on bonus depreciation that several industry stakeholders have sought from Congress in recent months.