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Afghanistan

Halliburton Co. and KBR Inc. are entitled to the same legal protection as U.S. armed forces when serving as military contractors, a judge ruled, dismissing claims over so-called burn pits in Iraq and Afghanistan.

U.S. District Judge Roger Titus threw out 57 consolidated lawsuits against the companies brought mainly by military personnel who claim they suffered damaging health effects from exposure to the contractors’ pits, where items including medical waste, paints and pesticides are burned in war zones.

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The Afghanistan Security Forces Fund and the Economic Support Fund for Afghanistan have roughly $6 billion in un-obligated money from the past two years, enough to cover that country’s projects through 2014, according to the Special Inspector General for Afghanistan Reconstruction (SIGAR). And there’s about $6 billion more in the fiscal 2013 budget. Sequestration is expected to cut the un -obligated 2011 and 2012 money by only 9.4 percent, if it takes effect for the rest of the fiscal year, which ends Sept. 30.

The Army Corps of Engineers is prepared to spend up to $25 million to repair four bridges and widen and resurface 20 miles of roadway in the Gulam Khan Transportation Corridor, which runs through Khost province to the border with Pakistan’s North Waziristan Province, according to a Corps description. Fixing the corridor will increase trade by reducing the travel time between the Afghan capital, Kabul, and Karachi, Pakistan’s chief port city.

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According to Fairfield Hughes a CPA with experience in doing taxes for Overseas Contractors,  AEGIS employees who worked in Afghanistan this last tax year has reported there Foreign Tax Credit is not shown on there W-2's for the 2012 tax season.

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