Tax Law
Danny Alexander plans laws to tackle tax schemes – scotsman.com
MINISTERS are contemplating new laws to ensure everyone pays their “proper share” of tax and legislating greater powers to close down tax avoidance schemes. Chief Secretary to the Treasury Danny Alexander said he would be considering new laws “to …
Tax break errors cost Baltimore millions, Sun investigation finds – Baltimore Sun
For example, lax oversight of the homestead credit program allowed hundreds of homeowners to get multiple tax breaks not allowed under the law. Problems aren’t limited to tax break programs: Artificially low values set by the state for unsold …
Liberal Democrat David Laws pushes for deeper tax and spending cuts – Worldnews.com
Laws was born in Farnham, Surrey, the only son of a Conservative voting father who was a banker, and a Labour voting mother. He would later joke that he was the “perfect fusion” as a Liberal Democrat. Laws was educated … Continue reading
Liberal Democrat David Laws pushes for deeper tax and spending cuts – Daily Telegraph
In an interview with The Sunday Telegraph, Mr Laws said the share of the economy accounted for by the state was “out of kilter” with the amount of tax the public were willing to pay. Only spending on health, education … Continue reading
Money & the Law: Tax situation with out-of-state seller confusing – Colorado Springs Gazette
It used to be that buying goods online from an out-of-state seller had a nice built-in benefit — the seller didn’t collect sales tax. But then states woke up to the idea that they were losing millions of dollars in … Continue reading
Internet ‘tax fairness’ should be hard sell – Boston Herald
Thus they demand a federal law that would allow them to impose collection and remittance obligations on out-of-state sellers whose goods or services happen to be demanded, and therefore end up, in the local jurisdiction. What we have here is … Continue reading
Refund excess tax despite 4 year limit period: CBDT to officials – Economic Times
Under the existing provisions of the Income Tax Act, the assessing officer cannot look into refund cases which are more than four year old. In 2011-12, the Income Tax Department had issued refunds of about Rs 95,000 crore, while the … Continue reading
Senators told to approve Sin Tax bill – Global Nation
HEALTHLY lifestyle advocates are teaming up with a group of economists to push for the approval of the Sin Tax law. Dr. Asuncion Anden, director of the Dept. of Health in Region 7 (DOH-7) said they are lobbying for the … Continue reading
Tax cheat sentenced in $763 million fraud – Seattle Post Intelligencer
laws.” Coughenour sentenced Brekke to a prison term five years shorter than the sentence requested by prosecutors. In a statement Friday, U.S. Attorney for Western Washington Jenny Durkan suggested Brekke was looting the tax system. Kenneth J.
Ed Miliband: ‘We need to change tax law’ – ITV
Labour leader Ed Miliband told ITV1′s Daybreak today that “we need to change the law” surrounding legal tax avoidance. Mr Miliband said that the Prime Minister was in “hot water” after he criticised comedian Jimmy Carr for tax avoidance.