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The President came down in favor of a modified restriction on encryption. The practice should be considered a violation of SALT "whenever it impedes" verification. (U.S. intelligence usually knows what information is contained on various channels of telemetry and which channels it must have access to for purposes of verifying...

Author: /time Magazine | Title: Special Report: Who Conceded What to Whom | 5/21/1979 | See Source »

The expenses for such grassroots lobbying are not deductible under the Internal Revenue Service (IRS) tax code. Yet Rosenthal found "widespread misunderstanding of and noncompliance with the grassroots lobbying provision of our tax laws" as well as evidence of lax IRS enforcement. For example, one major insurance company ran an...

Author: By Alan Soudakoff, | Title: Corporate Money Stalks Capitol Hill | 5/15/1979 | See Source »

The DOE investigators say that the companies just played fast and loose in interpreting the rules. One mind-boggling example of the old-new complexity: a now revised regulation stating that all petroleum pumped from a field that had even one well drilled before 1973 must be classified as being...

Author: /time Magazine | Title: Energy: Big Oil Bummer | 5/14/1979 | See Source »

In most cases, the manner of corporate withdrawal most likely to minimize loss to the parent company and maximize loss to the South African economy is the prohibition of all new investment coupled with the full repatriation of current earnings from existing operations, viz., allowing the South African affiliate to...

Author: NO WRITER ATTRIBUTED | Title: No Exit from Apartheid? | 5/9/1979 | See Source »

Since Congress increasingly favors some sort of excess profits tax on the industry, a number of companies are coming around to a grudging acceptance of the idea, just as long as the levy would contain a so-called plowback provision that would permit them to reduce windfall taxes by investing...

Author: /time Magazine | Title: Inside the Big Oil Game | 5/7/1979 | See Source »

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