GSA Asked for Tax Break ‘Kickback’
Accounting Today published an article today entitled “GSA Asked for Tax Break ‘Kickback’”.
“The General Services Administration is now coming under scrutiny for offering government contractors a tax deduction in exchange for giving the agency 19 percent of the money from the tax break. The agency is already under fire for the spending at a lavish employee conference in Las Vegas. The tax break involved making federal buildings more energy efficient. Section 179D of the Tax Code offers energy tax credits to building owners who install energy efficient lighting, heating and cooling systems.”
You can read the full article at:
Author: Michael Cohn. “GSA Asked for Tax Break ‘Kickback’.” accountingtoday.com. 5/4/2012