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CU tax exemption likely safe; House & Senate prep to resolve differences

first_imgThe tax overhaul legislation passed by the Senate early Saturday retains the credit union tax exemption—virtually ensuring that it will be retained in any tax legislation sent to President Trump this year.The Senate passed its tax bill, 51-49 early Saturday.While last-minute changes were being made late Friday night, no credit union-related changes were made.Since the House and Senate bill retain the credit union tax exemption, it would be difficult to kill the exemption when House and Senate conferees meet on the legislation.“Something that is in neither the House or Senate bills but then appears in a conference report is beyond the scope of matters committed to conference by either House and subject to a point of order,” said Donald Wolfensberger, former staff director of the House Rules Committee and a congressional scholar at the Woodrow Wilson International Center for Scholars. 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

Classrooms and Calleja recognize negotiations for Ekambi

first_imgJean Michel Aulas, president of Olympique de Lyon, confirmed through his Twitter account the negotiations between the whole of the Rhone and Villarreal by Karl Toko Ekambi. France Football shared through Twitter an information in which they themselves claimed that there was an agreement for the transfer of the Cameroonian striker in exchange for 20 million euros. Something that the president half-denied: he confirmed the negotiations between both clubs by the striker and revealed that it is not negotiated for a transfer but for a transfer with option to buy. Further, Classrooms added that the agreement between the parties is still far from closed, although, he says, the Lyon coaching staff likes it.As AS learned, after a few days of tug-of-war, both entities are closing the player’s exit with a transfer with a mandatory purchase option of 20 million euros. In addition to Classrooms on Twitter, Villarreal coach Javier Calleja has acknowledged that “negotiations with Olympique have resumed,” admitting that his departure is “possible.” Ekambi had also hinted a few days ago his intention to leave Villarreal, not having the minutes that the player believed he should have. But the first offer of Lyon, twelve million euros, did not reach what the club demanded for its transfer. This second transfer offer with option to purchase seems already definitive. This tweet, in addition to the statements of Javi Calleja, confirm that the departure of Karl Toko Ekambi from Vila-real is quite likely as does the fact that the player has not trained this morning with the rest of the first squad at Javi Calleja’s orders.The striker, who arrived last year in exchange for 18 million euros, has been one of the team’s scorers. This year he has played 19 meetings with Villarreal so far this season in which he has scored six goals.last_img read more