Employees were eligible under old tax law to get up to $ 255 per month from their employers to subsidize parking costs or transit passes. (fool.com)
Under the old tax laws, companies were required to pay 35 % of foreign cash to Uncle Sam for the honor of bringing that cash home. (dividendsdiversify.com)
To prevent that tax cut from happening, Cuomo's budget legislation decouples from the federal law by pegging the credit and the income phase - outs to the levels in the old tax law. (empirecenter.org)