HAT News Feed

House Passes Tax Extenders Package

Hoosier Ag Today by: Gary TruittThe U.S. House Thursday passed the tax bill which includes Section 179 expensing and bonus depreciation?tax measures deemed helpful for agriculture. The House voted 318-109 to pass the measure and was expected to vote on the omnibus...

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Dow, DuPont, see Tax Benefits in Merger

Dow, DuPont, see Tax Benefits in Merger

Hoosier Ag Today by: Gary TruittIndustry experts say the tax-free treatment of the spin-offs is one of the driving factors in the Dow DuPont Merger. Reuters reports typically companies that have been through a change of control are liable to pay capital gains taxes on...

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US May Begin Oil Exports

US May Begin Oil Exports

Hoosier Ag Today by: Gary TruittIn a move considered unthinkable even a few months ago, congressional leaders have agreed to lift the nation?s 40-year-old ban on oil exports, a historic action that reflects political and economic shifts driven by a boom in U.S. oil...

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Spending Bill a Win for Agriculture

Spending Bill a Win for Agriculture

Hoosier Ag Today by: Gary TruittDespite the omnibus spending bill not including legislation to stop the ?Waters of the U.S.? rule, the American Farm Bureau calls the bill an ?overall win? for Agriculture. The House was expected to take up the omnibus bill Thursday or...

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COOL Repeal Included in Omnibus

Hoosier Ag Today by: Gary TruittNegotiators working on the omnibus spending bill have included a repeal of the mandatory Country-of-Origin meat labeling law. Debbie Stabenow, the top Democrat on the Senate Agriculture Committee, who supported a voluntary measure...

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