Tax Law 
Santa Clara County supervisors push sales tax measure for November ballot – San Jose Mercury News
County leaders say the tax would be used to bolster law enforcement and public safety; trauma and emergency room services; health care coverage for low-income children; economic development and job creation; housing for the homeless and helping …
Lawsuit filed against Nevada tax initiative – Oregonian
“Nevada law is quite clear in prohibiting such deceptions.” The suit also targets another provision that would temporarily increase the state’s existing modified business tax rate on financial institutions to raise money necessary for the Nevada …
IRS offshore tax programs pull in $5 billion – Marketwatch
While other taxpayers also may qualify for this relief, “I think this is directed primarily at retirees who retire overseas,” said Barbara Kaplan, chair of the tax department at law firm Greenberg Traurig in New York. The highlights of the … Continue reading
Letter writers react to ‘war tax’ and question new helmet, fireworks laws – MLive.com
GRAND RAPIDS, MI — In a letter this month, Wyoming resident Fred Rodenburg pitched the idea of a “war tax” to reduce the national debt. RELATED: How to reduce national debt? Letter writer proposes a war tax Today, letter writer … Continue reading
Rewriting The Obama Health Law Through Regulation? – Forbes
The law states that the tax credits are available to people who are enrolled in an “an exchange established by the state under (Section) 1311.” It makes no mention of people enrolled in federal exchanges under Section 1321 being eligible … Continue reading
D.C. Council approves LivingSocial tax breaks – Washington Post
But council member David A. Catania (I-At Large) noted that the District government has been offering tax incentives for decades, and he fears that Virginia will act if the District does not. “It would be easy for (Virginia Gov. Robert … Continue reading
Obama Defends Health Care Law: ‘It’s the Right Thing to Do’ – ABC News
that the presumptive GOP nominee would kick “tens of millions of people” off of health insurance rolls, among other steps, to help pay for $5 trillion in new tax cuts for upper-income earners. “He’d roll back the Affordable Care Act, … Continue reading
Lawsuit filed against Nevada tax initiative – San Francisco Gate
“Quite clearly, this initiative is designed solely to increase general tax revenues and to take advantage of citizen’s concerns about education in order to mislead them into signing the petition and, later, into voting for it,” Hicks said. “Nevada law … Continue reading
Taxpayer lawyers ask judge to block challenge to Jefferson County occupational tax refunds – Everything Alabama Blog
Price struck down the replacement law on Dec. 1, 2010. After the Alabama Supreme Court upheld the decision on March 16, 2011, the county commission ordered occupational tax collections to end. Price then appointed Simeon Penton, of Montgomery …
Tax Evasion In Foreign Banks Could Become Harder For U.S. Customers As Banks Seek To Avoid Liability – Huffington Post
Foreign banks such as Deutsche Bank, HSBC, and Bank of Singapore are turning away U.S. millionaires because the U.S. government is set to implement the Foreign Account Tax Compliance Act at the beginning of 2013, Bloomberg Businessweek reports.
