Push for tribal tax clarity comes amid dodgy credits

Dubious Credit Promotion Intensifies Campaign for Tribal Tax Law

A Democrat and a Republican in the House plan to revive legislation they hope will provide tribal tax parity and close loopholes in tribal tax law, an effort that comes amid the proliferation of so-called sovereign tribal tax credits the Treasury Department and IRS say don’t exist.

The Tribal Tax and Investment Reform Act, sponsored by Rep. Gwen Moore (D-Wis.) and Rep. David Schweikert (R-Ariz.) last year, would clear up several issues related to taxes and tribes, such as giving tribes similar rights as states when it comes to ...