Tax Law

Top Senate tax writer wants tax code overhaul to help reduce deficits, boost economy – Washington Post

Though he provided almost no detail, the stance by Sen. Max Baucus, D-Mont., that rewriting tax laws should be a part of deficit reduction underscored the differences between the two parties. Many Republicans say a tax overhaul should involve …

Max Baucus Proposes Tax Code Reform – Huffington Post

Though he provided almost no detail, the stance by Sen. Max Baucus, D-Mont., that rewriting tax laws should be a part of deficit reduction underscored the differences between the two parties. Many Republicans say a tax overhaul should involve …

Key Senator Wants Tax Overhaul to Reduce Deficits – ABC News

Though he provided almost no detail, the stance by Sen. Max Baucus, D-Mont., that rewriting tax laws should be a part of deficit reduction underscored the differences between the two parties. Many Republicans say a tax overhaul should involve …

Undoing health law could have messy ripple effects – Yahoo Finance

Partially overturning the law could leave hospitals, insurers and other service providers on the hook for tax increases and spending cuts without the law’s promise of more paying customers to offset losses. If the law is upheld, other kinds of … Continue reading

GOP Line About ‘Largest Tax Increase In American History’ Fails Fact Check – Huffington Post

Congress was expected to renew many of them by January, so taxpayers could still claim them on their 2012 tax returns. If Congress fails to act, businesses would lose a popular tax credit for research and development as well as … Continue reading

Liechtenstein Informs Bank Clients of U.S. Tax-Evasion Request – Businessweek

Liechtenstein facilitated the so-called group request from the U.S. by amending a tax law in March. Liechtenstein’s second-biggest bank, also known as LLB, is one of 11 financial firms, including Credit Suisse Group AG (CSGN) and Julius Baer …

Tax department ‘go slow’ on 13,000 crore Vodafone notice – Times of India

NEW DELHI: After a rush to retrospectively amend the I-T Act, tax authorities are going slow on raising a fresh demand on Vodafone as the government weighs the possible implications on the arbitration proceedings demanded by the British telecom giant.

Liechtenstein Informs Bank Clients of U.S. Tax-Evasion Request – Bloomberg

Liechtenstein facilitated the so-called group request from the U.S. by amending a tax law in March. “The motivation for the law is the Landesbank issue, which has accelerated the process,” said Mario Frick, a partner at Liechtenstein law …

Fourth Circuit Holds Former Shareholders Not Liable For Corporate Tax In Midcoast Deal – Forbes

When the Tax Reform Act of 1986 was enacted, I was all over that thing. One thing that was crystal clear to me was that a private company that had appreciated assets or assets likely to appreciate needed an awful … Continue reading

Tax department ‘go slow’ on Rs 13,000 crore Vodafone notice – Times of India

NEW DELHI: After a rush to retrospectively amend the I-T Act, tax authorities are going slow on raising a fresh demand on Vodafone as the government weighs the possible implications on the arbitration proceedings demanded by the British telecom giant.