VSCPA 2008-2009 Legislative and Regulatory Agenda

• Advocate for automatic conformity of the tax code with a threshold fiscal impact exemption.
• Advocate reducing the penalties on pass-through entity returns to conform to the federal tax code.
• Advocate for financial literacy education, including a mandatory graduation requirement in Virginia high schools.
• Represent the membership during the 2008-2009 legislative study to determine the benefits and fiscal impact of a single sales factor to apportion the income of multistate corporations for purposes of corporate income tax.
• Support the continued independence and expertise of the Virginia Board of Accountancy.
• Support and promote practice mobility among all states.
• Oppose patents on tax advice and/or tax strategies.

For more information on these agenda items, contact VSCPA Government Affairs Director Emily Walker at (804) 612-9428.