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FR 127 Otr DC Otr Cfo Dc Form

FR 127 Otr DC Otr Cfo Dc Form

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this past year was a year of significant change for the district's taxes the city council was confronted with a substantial budget deficit and it acted to close about half that deficit with tax changes of one kind or another and they are in the world of state and local taxes pretty significant and so much of my talk is simply going to be to run through those and tell you what they were what they are by far from the point of view of business the most important tax change is that the district has adopted combined reporting effective for the 2011 tax year the district has been in the past until now an easy target for tax avoidance through separate entity tax reporting this legislation has been enacted for the for the 2011 year um its legislation is largely based on the motor state tax commission's model statute as adopted in west virginia with some changes and it was the subject of some last minute taxpayer friendly changes right at the end other changes another significan

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