Bloomberg News

House Committee Approves Repeal of Contractor Tax Requirement

October 13, 2011

Oct. 13 (Bloomberg) -- The House Ways and Means Committee approved a bill to repeal a requirement that the government withhold 3 percent of the amount of contracts for tax compliance purposes.

The bill is HR 674.

--Editors: Jodi Schneider, Robin Meszoly

To contact the reporter on this story: Richard Rubin in Washington at

To contact the editor responsible for this story: Mark Silva at

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