S.3098 - Alternative Minimum Tax and Extenders Tax Relief Act of 2008
A bill to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. view all titles (2)
All Bill Titles
- Short: Alternative Minimum Tax and Extenders Tax Relief Act of 2008 as introduced.
- Official: A bill to amend the Internal Revenue Code of 1986 to extend certain expiring provisions, and for other purposes. as introduced.
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U.S. Congress - S.3098 Alternative Minimum Tax and Extenders Tax Relief Act of 2008




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It will be very difficult to restrict the biodiesel credit to US consumed or produced biodiesel without it being a plain and direct infrigement of the prohibition of export subsidies under WTO rules. Europe has already opened a thorough investigation into the imports of subsidized US biodiesel which could very well lead to the adoption of a provisional tariff to compensate for the unfair advantage given to US producers. Competition should occur on a level playing field and distorsions are what cost the US taxpayers and ultimately what lead to higher prices crippling the customers’ budget.