• Tax Extenders Act of 2009
  • December 24, 2009
  • Law Firm: Cadwalader, Wickersham & Taft LLP - New York Office
  • December 9, 2009 Today, the House of Representatives passed the “Tax Extenders Act of 2009” (“TEA”). If passed by the Senate, the bill would extend a number of tax relief provisions through 2010 (including the research and development tax credit, the new markets tax credit, the active financing exception from subpart F income for controlled foreign corporations, and the exemption from U.S. withholding tax for foreigners that invest in certain fixed-income mutual funds).