American Jobs Creation Act of 2004: Practical Insights and Guidance (Special May 2005 Issue of TAXES--The Tax Magazine)

Table Of Contents

The American Jobs Creation Act of 2004: How Did We Get There? by Barbara M. Angus and Gregory S. Nickerson New Legislation Tightens Partnership Tax Rules by Blake D. Rubin, Andrea M. Whiteway and Jon G. Finkelstein New Basis Rules Aim at Transfer and Duplication of Built-in Losses by Willys H. Schneider Foreign Tax Credit Revisions Makes U.S. Businesses More Competitive by Barbara M. Angus and Gregory S. Nickerson Deferred Compensation Revolution--Tough Transition to a Statutory System by Joni L. Andrioff New Manufacturing Deduction Allowed by Code Sec. 199 by James M. Kehl The Impact of the Jobs Act of Individual Taxpayers by David G. Jaeger New Manufacturing/Processing Preferences and Outbound Reform Provisions Replace Direct Export Tax Incentives by Joni L. Andrioff Corporate Provisions in the American Jobs Creation Act of 2004 by Thomas W. Avent, Jr. IRS Issues Repatriation Guidance by Gregg D. Lemein, Stewart R. Lipeles and John D. McDonald Jobs Act "Simplifies" Subchapter S by Adding Complex Provisions by Susan Kalinka Arrow Tax Misses the Mark--And Points to Fundamental Problems with the Jobs Act and the Internal Revenue Code by Thomas W. Avent, Jr.