Tax law changes risk retroactive income tax impacts
A legal opinion warns that repealing or altering the Sales Tax Act could trigger retroactive income tax effects for 1965 and 1966, with old rates possibly restored and a loss of the $10 per person tax credit. It cautions against voter referendums causing broad fiscal disruption and notes potential withholding and refund gaps.
MENTIONED IN THIS ARTICLE
Idaho
Baline Ng
Local Ovid Social Notes Highlight Visits and Events
Mrs Hazel Peterson and Gayle Sorenson led a lit erature lesson for ten at Relief Society on Tuesday. The MIA held a Halloween party with costumes games and refreshments. Marietta Sorenson and Dell visited Dugway Utah Ogden and Smithfield with relatives while Leone Nielson visited Midvale with the Petersons.
MENTIONED IN THIS ARTICLE
Gayle Sorenson
Relief Society
Marietta Sorenson
Dell
Dugway
Utah
Ova Johnsons
Ogen
Smithfield
Harmon- Johnsons
Leone Nielson
Midvale
Richard Petersons
Sivel
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