Community bankers lobby says mistaken entry in bill "reignites the controversy."
While credit unions seem to have dodged this lob for now, it did draw attention to the credit union tax exemption, which the banking lobby is sure to relish.
Spokesman for U.S. Rep. Dennis Ross says exemption should be in "maintain" and not "phase-out" part of the bill.
Five-year phaseout of exemption in Simpson-Bowles commission bill; first time since Reagan era that eliminating exemption proposed.
Court rejects tax exemption arguments as not being part of Federal Credit Union Act intent.
NAFCU's Becker replies to Committee for a Responsible Federal Budget's position on corporate tax reform.
Ending credit unions federal tax exemption would cost the country billions in lost revenue and jobs, according to a study commissioned by NAFCU.
WASHINGTON – Ending credit unions’ federal tax exemption would cost the country billions in lost revenue and jobs, according to NAFCU.
Letter lays out how credit unions told they have no tax exemption can prove that's not so.
“It has never been about the power or mission of the credit union,” CUNA chief pens panel leaders in reply to ABA testimony.