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To: n-tres-ted

The latest action forced by the WTO was the repeal of the Extra-Territorial Income Regime, aka "ETI"......but the impact of the repeal was spread across the board, not specifically targeted to exporters....as that was the crux of the WTO beef. Here's a link to the scoring of the final bill: http://www.house.gov/jct/x-68-04r.pdf

And here's a link to everything you ever wanted to know about HR 4520, The American Jobs Creation Act of 2004: http://waysandmeans.house.gov/Links.asp?section=1559&keywords=HR+4520

Here's a link to the Senate Finance Website, specifically "The Role of the Extraterritorial Income Exclusion Act in the International Competitiveness of U.S. Companies", where there was a LOT of REALLY GOOD testimony: http://www.finance.senate.gov/sitepages/2002HearingF.htm/hearing073002.htm


51 posted on 01/15/2006 5:15:34 PM PST by Conservative Goddess (Politiae legibus, non leges politiis, adaptandae)
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To: Conservative Goddess

Thank you very much. Very thoughtful and helpful.


52 posted on 01/15/2006 7:19:47 PM PST by n-tres-ted (Remember November!)
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To: Conservative Goddess

Great links, there, CG ... TYVM.

I note that the Catapillar, Inc. exec uses the figure of $5 billion for just the repeal of the EIT stuff. Wow.


53 posted on 01/16/2006 7:44:16 AM PST by pigdog
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