Tax Law

Chancellor George Osborne creates tax boost for family film firm – Daily Record

A FILM company run by George Osborne’s sister-in-law is cashing in on controversial tax breaks created by the Chancellor. QuickSilver Films attracted nearly £300,000 of investment to make a movie shortly after Osborne announced a relief on income tax …

Retrospective tax changes face legal challenge – Livemint.com

… because it has been disputing for the past few years a tax claim that has been made stronger by the change in tax laws. Controlled by the family of Brij Mohan Khaitan, McLeod Russel’s dispute with income-tax authorities stems … Continue reading

US pastors plan to defy law and endorse candidates – Mister-info.com

The Alliance Defense Fund has called on 35 pastors across the country to break IRS tax laws and endorse presidential candidates during sermons. The pastors will draw on Bible passages tomorrow in a protest organized by the group of conservative … Continue reading

Expiring tax provisions to impact farmers – Enid News & Eagle

There are 41 federal tax law items that will expire on Dec. 31. Several of these expiring income tax provisions will affect area agriculture producers. It will take both congressional and presidential action to extend the expiring laws. This article … Continue reading

Former IRS Revenue Officer Starts Tax Law Practice in Buffalo, New York – Caymanmama.com

/EINPresswire.com/ After 16 notable years of working at the IRS, several years of rigorous study at law school, and valuable work experience at a highly respected tax law firm, Buffalo tax attorney William Winspear has started his own tax law … Continue reading

New G.O.P. Help From Casino Mogul – New York Times

Such organizations, known as 501(c)(4) groups after the section of tax law under which they are organized, are not allowed to engage in full-time campaign activity. And unlike super PACs, they are not required to disclose their donors.

Study challenges tax exemption for religious organizations – USA Today

Ryan Cragun, an assistant professor of sociology, and two students examined U.S. tax laws to estimate the total cost of tax exemptions for religious institutions — on property, donations, business enterprises, capital gains and “parsonage …

U.S. Tax Law Pushes American Businesses Overseas – Investors Business Daily

Should American businesses invest and hire overseas? The answer you get depends on whom you ask. Many Americans think businesses should only invest in America. Businesses investing abroad are called everything from “greedy” to “immoral” to “unpatriotic.

South Africa: South Africa’s Domestic Law A Treaty Override? – Mondaq

Access to, and the use of, South Africa’s double tax treaties will play an important role in the quest to reduce these taxes. Given international case law developed on treaty shopping and related tax planning in recent years, as well … Continue reading

Companies should oppose income tax interest changes before 22 June deadline, says expert – Out-Law

a tax law expert has warned. Companies have until next Friday to challenge the plans. 15 Jun 2012 Her Majesty’s Revenue and Customs (HMRC) has published a consultation on proposed changes to income tax rules on interest. The consultation closes … Continue reading