California's controversial new "anti-tax shelter" law increases penalties and the statute of limitations, and applies retroactively

Article Abstract:

The significant provisions of the new California law intended to detect 'abusive transactions' are discussed. The penalties are waived under the brief amnesty program offered by the Californian law known as the Voluntary Compliance Initiative (the "VCI") if the eligible tax-payers voluntarily disclose between January 1, 2004 and April 15, 2004 the abusive tax-transactions made before 2003.

Tax Law, Public Finance Activities, Taxes, Interpretation and construction, Taxation

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Impacts of mold disclodures on real estate transactions

Article Abstract:

Disclosure issues pertaining to mold in real estate transactions are analyzed with a focus on California and Texas states. The influence of mold concern on legal and financial aspects of real estate industry are discussed.

Financial management, Texas, Finance, Influence, Company financing

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Mold legislation takes root at state level

Article Abstract:

The state legislatures have proposed bills to deal with the issue of mold litigations. The different laws and regulation for real estate industry relating to mold are discussed.

United States, State legislatures

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