Deloitte's Tax News & Views: FY 2010 Budget Package

White House delivers details – and surprises – in expanded FY 2010 budget package

More than two months after releasing its FY 2010 budget blueprint and a week after unveiling a set of provisions to reform the international tax rules, the Obama administration on May 11 provided a comprehensive description of its tax proposals for the coming fiscal year. This latest budget document describes more than 40 new provisions ranging from additional penalties or information reporting to dramatic new tax increases on businesses and estate tax reforms...

Insurance companies – The health care fund revenue raisers also include several provisions that would affect insurance companies. These proposals would raise almost $13 billion by 2019...

Deloitte Tax News & Views: Deloitte's Tax News & Views: FY 2010 Budget Package