Tax Law

THE RACE: Romney calling health law a tax could distract him from keeping the focus on jobs – Washington Post

In recasting the national health care law as a tax, Republican Mitt Romney risks straying from what had been his main focus: the limp economy under President Barack Obama. “Handling the economy” has been one subject on which the former … Continue reading

New tax act to streamline Sars – Independent Online

Legislation allowing the SA Revenue Service (Sars) to search business premises without a warrant is expected to come into operation within the next three months. The Tax Administration Bill was promulgated into law on Wednesday in the Government Gazette …

The ObamaCare ruling: Is Mitt Romney caught in a tax trap? – YAHOO!

Anyone whose mind isn’t made up on the Affordable Care Act is going to judge it on the benefits it delivers, not semantics. “Mitt reflips, says the individual mandate is a tax after all” Calling a truce might work… and … Continue reading

Obama spox: President disagrees with Court on ‘tax’ – CNN

(CNN) – President Barack Obama’s campaign spokesman said Thursday that Obama disagrees with the Supreme Court’s characterization of his health care law’s individual mandate as a tax. Ben LaBolt, appearing on CNN’s “Starting Point with Soledad …

Misguided tax law puts directors under risk over unpaid super entitlements – The Australian

IN the rush at the end of the winter parliamentary session, a bill was passed by the Labor Party with the support of the Greens and the independents that, despite the objections of the Coalition, went relatively unnoticed by the … Continue reading

Carbon tax ‘threatening cultural institutions’ – au.news.yahoo.com

ACT Liberal Senator Gary Humphries fears research, preservation work and services offered at Canberra’s cultural institutions will be compromised by the carbon tax. Senator Humphries says buildings like the Australian War Memorial, the National Library …

SARS to implement new tax act soon – Business Day South Africa

THE Tax Administration Act is likely to come into operation within the next three months after being promulgated into law on Wednesday. The South African Revenue Service (SARS) said its preparations for the implementation of the act were at “an … Continue reading

The Most Sensible Tax of All – New York Times

This conclusion is supported by empirical evidence from previous market-based policies, like those in the 1990 amendments to the Clean Air Act that targeted sulfur dioxide emissions. British Columbia’s carbon tax is only four years old …

Axelrod Tweet Burst Hits Romney for ‘Bermuda Tax Shelter’ – YAHOO!

DavidAxelrod: Astonishing story about Mitt’s Bermuda tax shelter and his efforts to keep it secret, apparently skirting MA law. 1/4 @DavidAxelrod: A Swiss bank account. A dozen funds in the Cayman Islands. And now, a Bermuda tax shelter he failed … Continue reading

Romney: Obama health law ‘a tax’ – BBC News

Republican presidential candidate Mitt Romney has said a key part of the landmark healthcare reform law passed by President Barack Obama in 2010 does amount to a tax. His comments, in an interview with CBS News, come days after one … Continue reading