Greensburg Daily News, Greensburg, IN

Business

June 6, 2014

Manufacturers in for Pence's Tax Conference

INDIANAPOLIS – The Indiana Manufacturers Association, including representatives from Eli Lilly, Kimball International, and Roche Diagnostics, will be participating in Governor Pence’s Indiana Tax Competitiveness and Simplification Conference set for June 24 at the Indiana Government Center’s South Conference Center.

The conference will bring together nearly 200 local and national tax experts and policy makers to focus on ways to create a more competitive business and individual tax climate in Indiana. The conference will result in recommendations to both the administration and the General Assembly on ways to make Indiana more competitive through tax simplification. The conference will include two special presentations and seven panel discussions.

Speaker and discussion panel members include many significant academics and experts in state taxation. Some of the nationally recognized speakers include noted economist Dr. Arthur Laffer, The Laffer Center; Allan Hubbard, Chairman of E&A Industries, former director of the National Economic Council; Grover Norquist, President of Americans for Tax Reform; James Eads, Ryan & Associates, former executive director, Federation of Tax Administrators; and Mark Everson, AlliantGroup, former Commissioner of the Internal Revenue Service.

Tim Rushenberg, Vice President of Governmental Affairs and Tax Policy for the Indiana Manufacturers Association, is one of four participants on a panel discussing the sales tax. In addition to Mr. Rushenberg, tax experts from Eli Lilly, Kimball International, and Roche Diagnostics will participate in panel discussions on corporate, local, and sales taxes.

“We are pleased the Pence Administration has invited the manufacturing community to participate as panelists on ways to streamline and simplify the state tax code,” said Patrick J. Kiely, President of the Indiana Manufacturers Association. “Although Indiana has a very favorable business climate, there are certain Department of Revenue regulations that need to be updated and simplified to better reflect our state’s manufacturing-intensive economy.”

Conference organizers urge Hoosier manufacturers to share their ideas about state taxes and suggest recommendations for making Indiana a more business-competitive state. Anyone interested in providing ideas and input for consideration during the conference can submit comments at www.in.gov/dor/5120.htm.

— Daily News

1
Text Only
Business
  • Inside INdiana Business Closing date set for Vectren saleEvansville-based Vectren Corp. (NYSE: VVC) says the sale of its coal mining subsidiary, Vectren Fuels Inc. to a Sullivan County company will close next week. The utility says the $300 million deal with Sunrise Coal LL

    August 23, 2014

  • Stocks little changed on Ukraine, Yellen speech NEW YORK — Stocks were little changed Friday after a speech by Federal Reserve Chair Janet Yellen left investors unsure on how the nation’s most important financial voice feels about raising interest rates in the coming months. Investors were also mo

    August 23, 2014

  • Stocks little changed after Fed minutes NEW YORK (AP) — U.S. stocks were mixed in afternoon trading after minutes from the Federal Reserve’s latest policy meeting showed there was a growing chorus of central bank officials willing to raise interest rates sooner rather than later. The react

    August 21, 2014

  • Stocks rise; home construction rebounds NEW YORK — Encouraging economic news helped push the stock market higher on Tuesday. Home construction rebounded in July, while inflation remained muted.Aeropostale, a teen-clothing company, surged after reinstating its former CEO. Home Depot climbed

    August 20, 2014

  • Inside Indiana Business Mattress maker creates 300 jobsKentucky-based Tempur Sealy International Inc. (NYSE: TPX) has announced plans to locate a new manufacturing and distribution facility in Plainfield. The move will create 300 jobs by 2015.Officials break ground on $36M

    August 16, 2014

  • Nordstrom, Gilead: big market movers NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:NYSENordstrom Inc., down $3.58 to $65.11The luxury department store operator reported quarterly sales at established s

    August 16, 2014

  • Stocks, Berkshire Hathaway higher NEW YORK (AP) -- Stocks are modestly higher on Wall Street. The Dow has been up 40 to 50 points this afternoon, while the S&P 500 and the Nasdaq are also in positive territory. Some analysts have been fretting that stocks look expensive with the S&P

    August 15, 2014

  • Indexes higher, Amazon gains NEW YORK — A modest gain for the stock market Wednesday tugged the Dow Jones industrial average back into the black for the year as investors set aside concerns about Ukraine and Iraq. Amazon led the gains in light trading, despite a mixed batch of e

    August 14, 2014

  • Inside INdiana Business Hoosier farmers could topple recordsThe U.S. Department of Agriculture is projecting a blue ribbon year for Indiana crop production. The department’s National Agricultural Statistics Service says Hoosier farmers are on pace for record corn production

    August 13, 2014

  • Stocks fall on geopolitical risks NEW YORK — The U.S. stock market eased in afternoon trading Tuesday following two days of gains. Investors focused on problems in Ukraine and Iraq and the damage those problems are starting to have on the broader, global economy. Energy stocks were a

    August 13, 2014