Thursday, May 29, 2014

Google Alert - tax

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tax
Daily update May 29, 2014
NEWS
SCVNEWS.com
Film tax credit bill unanimously passes California Assembly
(Reuters) - A bill to lure filmmakers into California with tax incentives passed unanimously in the state Assembly on Wednesday, bringing the state a ...
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euronews
Hollande Tax Increases Yield 'Desperately Weak' Consumer Demand
President Francois Hollande's attempt to cut France's budget deficit with tax increases may have boomeranged. Not only did the increases fail to ...
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Broward tax roll increases for third straight year
Broward County property values climbed for the third straight year since the devastating real estate bust, in the preliminary tax roll released by the ...
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Sales Tax Burden Stays Flat for U.S. Consumers and Businesses in Q1 2014
NEW YORK, May 29, 2014 - U.S. sales tax burden stayed flat, and indirect tax changes declined in the first quarter of 2014, according to the latest ...
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Wall Street Journal
Tech vs tax: Europe dusts off plan to get more from digital tax avoiders
The European Commission has fired a shot across the bows of some of the world's largest online companies over the issues of tax avoidance.
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Tax Panel to Vote on Accelerating Investment Write-offs
The plan would cost the U.S. government $287.4 billion in forgone tax revenue over the next decade, according to the nonpartisan Joint Committee on ...
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Brazil's Permanent Payroll Tax Cut a Budget Risk, Economists Say
BRASILIA—The Brazilian government is moving to permanently reduce taxes on some industries, an action economists say could put the ...
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Tax cuts eroding services, say authors
Canadians have harmed themselves by not questioning tax cuts in the last decade and listening to "loony" low tax promoters like the Canadian ...
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WPMI Local 15 News
Tax credits for private schools struck down as unconstitutional
MONTGOMERY | A Montgomery judge on Wednesday struck down Alabama's tax credits for parents who move their children from failing public ...
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Economic Times
Income Tax Department Asked Share Details of Defaulters With Banks
In a step to help public sector banks to recover bad loans, the finance ministry has asked the I-T Department to share details of defaulters' wealth tax ...
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Tax consequences of disability insurance
As I lay here in a bed at the Cleveland Clinic with a surgically repaired broken femur I am wondering about the tax consequences of any disability ...
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Tax watchdog group concerned Halifax Hospital legal fees could cost taxpayers
Halifax Hospital stands to lose millions of public tax dollars in a whistleblower lawsuit alleges the hospital took money from Medicare.
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Tax amnesty scheme: Petition admitted for hearing
After admitting a writ petition against Prime Minister's "Tax Incentive Scheme", for regular hearing, the Lahore High Court (LHC) issued notices to FBR ...
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Tax appeals board: Pay flex fuel claim
Louisiana may still have to pay at least $11 million to taxpayers who were denied lucrative credits during the Alternative Fuel Tax Credit controversy in ...
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'No tax relief in budget'
ISLAMABAD – No relief against taxes is likely to be provided in the upcoming national budget for the financial year 2014-15 and on the other hand ...
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Tax cap a shield from competing demands
On Tuesday evening, after the Rochester Times editorial deadline, the City Council will come closer to finalizing their budget for the coming year, and ...
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Tax breaks approved for Tessy Plastics factory in Skaneateles
Skaneateles, N.Y. — The Onondaga County Industrial Development Agency has approved tax breaks for a Tessy Plastics Corp. production plant in ...
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27east.com
School tax hike likely
MOULTRIE — After deciding last year to forego a tax increase, the Colquitt County School Board likely will take that step this year.
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WPEC
Hurricane tax holiday starts Saturday
Got a generator? If not, buy one and pay no sales tax starting Saturday. That could mean and extra $45 in your pocket with purchase of a $750 unit.
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Libman Tax Strategies Urges Small Businesses to Prioritize Tax Strategy as Part of Overall Savings ...
ARCADIA, Calif., May 28, 2014 /PRNewswire/ --For small businesses and entrepreneurs, taxes ought to be a year-round concern, but many put their ...
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Washington Post
DC Council backs first big tax cut in 15 years; city aims to be more competitive with Md., Va.
The D.C. Council voted to support the largest set of tax cuts for city residents in 15 years Wednesday, dealing a major blow to Mayor Vincent C. Gray ...
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Buy tax-free hurricane supplies starting Saturday
A nine-day sales tax holiday for hurricane supplies begins Saturday and continues through June 8. According to the Florida Department of Revenue, ...
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International Business Times UK
Tax-free cash at risk as Osborne's flagship pension freedom agenda opens £24bn loophole
Abolishing the 25 per cent tax-free cash lump sum is one of the options under consideration by the Treasury as it looks to plug a £24bn tax loophole ...
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CBS Local
Nixon says tax breaks could cost local governments
Jay Nixon is amplifying his opposition to a series of tax breaks passed by lawmakers. Nixon said Tuesday the tax breaks could cost local governments ...
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Tax concessions termed futile
LAHORE: The government should stop reducing tax rates and increasing concessions for foreign investors, which is an unnecessary revenue loss, ...
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Sydney Morning Herald
Westfield tax report: Retail giant paying only 8 per cent in corporate tax, according to union report
The report by Roman Lanis, a senior lecturer in accounting at the University of Technology Sydney, finds that Westfield Group paid an effective tax rate ...
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Tax refund balance raises concerns
The fight over tax refund accounts continues as Sen. Ben Pangelinan recently brought forward concerns over how much money is in the Income Tax ...
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Mortgage Rates & Trends
Mortgage Interest Tax Deduction Facts
The mortgage interest tax deduction (interest deduction) is a benefit that may sway anyone to become a homeowner rather than a renter.
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Half-cent sales tax: Brevard seeks easy-to-understand ballot
Because last time, after the tax failed in 2012, some complained that they didn't know what they were voting on. School Board members discussed ...
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Tax Abatement to Impact Union School District
The Union School District is set to lose $178,000 over a five-year span through tax abatements approved with a Chapter 100 industrial revenue bond ...
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TODAYonline
Japan Retail Sales Show Sales Tax Beginning to Bite
Japan's higher sales tax began taking a bite out of consumption in April, as retail sales dived 13.7% on-month, the biggest fall under the current data ...
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Mileage Tax Would Put Big Brother in Your Back Seat
Now, if Senator Mark DeSaulnier gets his way, you'll have to pay a new tax for every mile you drive. His Senate Bill 1077 would begin with a “pilot ...
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KGOU
Fallin signs tax break bill for oil and gas industries - 4 Hours Ago
DUNCAN — OKLAHOMA CITY – Governor Mary Fallin today signed into law a permanent, lowered tax rate that will continue a drilling incentive ...
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Tax shortfall in first quarter will lead to Broome cutbacks
B.C. Transit is among the Broome County departments impacted by mid-year budget cuts sparked by a decline in sales tax revenue. / JASON WHONG ...
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Broadening tax base: over 91000 notices issued during 2013-14
Sources told Business Recorder here on Tuesday that only 8,600 persons voluntarily filed their income tax returns and deposited an amount of Rs 50 ...
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Historic tax credits bill gets governor's OK
Developers of historic properties, who currently must be victorious in a lottery system for their projects to be designated for tax credits, might consider ...
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Christian Science Monitor
Three alternative policies and taxes for climate change
Thanks to a 2007 Supreme Court ruling that greenhouse gases are air pollutants under the Clean Air Act, the Environmental Protection Agency has to ...
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Tax hike anticipated in McKeesport Area school budget
The proposed budget contains a .48-mill tax hike, which is something ... It amounts to approximately $30 more in real estate taxes for the average ...
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BLOGS
Sugary drink tax fizzles out
Illinois Issues blog Illinois Issues Statehouse bureau
House Bill 0397 calls for a one-cent-per-ounce tax on sugary beverages. Sponsor Rep. Gabel, an Evanston Democrat, said the bill could potentially ...
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Ideals For Tax Reform
Turning Point USA Daniel Blosser
Over the last couple of years there has been an increasingly added consensus in the nation that the tax system needs to be reformed. In fact, the ...
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Japanese retail sales plunge after tax hike
FORTUNE Features Geoffrey Smith
But figures suggest world's third-largest economy should withstand impact of sales tax hike FORTUNE -- Retail sales in Japan fell at their sharpest ...
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Committee evaluating business taxes releases report, but reaches no consensus
Illinois Issues blog Illinois Issues Statehouse bureau
A House committee released a report today evaluating the tax climate for business in the state, but the group struggled to find common ground on ...
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Corporations, Local Revenues, Tough Love, and Carbon
ExcitingAds! Tax Renu Zaretsky
The House Ways and Means Committee marks up a bill restoring more expired tax breaks tomorrow. On the table: a measure making bonus ...
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Three Options for Better Climate Policy
ExcitingAds! Tax Adele Morris
One would be a national carbon tax, which could be part of a broader pro-growth, deficit-reduction package. Such a tax is politically impossible for now ...
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Pregis Seeks Tax Abaement for $2.3 Million Expansion
WTCA AM1050 The Chief Kathy Bottorff
Mr. Chavez then presented the request of tax abatement for Pregis. The company makes all kinds of packaging material including but not limited to ...
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Some Tax Benefits Are Just for Churches
These provisions apply solely to churches; these special exemptions and tax provisions aren't available even to non-church organizations that are ...
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Carroll's Adopted Budget Includes Tax Reductions, Pay Increases for School and Sheriff Employees
Conduit Street Kaley Schultze
The adopted budget includes one-time 3% bonuses for all of the public school system's employees, pay increases for sheriff's employees, tax ...
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How a Military Member's Life Insurance Policy Can Benefit a Beneficiary's Retirement
Ed Slott and Company – IRA, Tax, Retirement Planning Articles, Insight. IRA and ... This is a tax-free life insurance benefit that can be up to $400,000.
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City of Dunwoody proposes same tax millage rate since incorporation in 2009 and holds on to ...
Heneghan's Dunwoody Blog John@JKHeneghan.com (John Heneghan)
The City received notice of its second year-over-year increase in the real and personal tax digest for 2014 as a result of the revaluation of real property ...
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Death and taxes – both regrettable, but both worth thinking about
Thousands of Brits that are enjoying the lifestyle and high performing economies in Arab Gulf states such Dubai are probably relishing their no tax ...
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FIRS gives banks June 30 deadline to remit tax collections
The Sun News ISAAC ANUMIHE, ABUJA
Federal Inland Revenue Service (FIRS) yesterday ordered banks to always remit their tax collections promptly into the designated accounts, giving ...
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How tax bump will affect residents
Screams from the Porch Mike Donila
So, last night the Knoxville City Council signed off on Mayor Madeline Rogero's budget, and the first tax increase - 34 cents - in a decade (you'll note ...
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Acciona sues over city's tax rebate refusal
UNITED STATES: Acciona Windpower North America is suing the city of West Branch, Iowa, after the authorities refused to pay the manufacturer a tax ...
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Supreme Court to hear dispute over state tax collection
NY Daily Record The Associated Press
WASHINGTON — The U.S. Supreme Court on Tuesday agreed to consider a dispute over how a state may tax the income that its residents earn in ...
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EP Kings show their support for Tekkie Tax Day
15.co.za Johan Jonck
The Eastern Province Kings have put their best feet forward to show their support for national Tekkie Tax day and SOS Children's Village Port ...
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News Reports of Tax Cuts are Deeply Flawed
progressive-economy@tasc Nat O`Connor
Nat O'Connor: Reporting of taxation issues is very flawed in Ireland. From before Christmas, we had reports like: "Income tax may be cut in the next ...
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John Keells posts pre-tax profit of Rs. 317.3 m
John Keells PLC released its interim results for the fourth quarter and 12 months ended 31 March 2014. The consolidated profit before tax (PBT) from ...
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A Gas Tax Increase Should Have Us Fuming
Libertarian Jew Libertarian Jew
A couple of days ago, the Council for the city of Jacksonville voted on extending a six-cent gasoline tax for another twenty years. While this might seem ...
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Rep. Heffley Announces Waste Coal Energy And Reclamation Tax Credit Bill
PA Environment Daily David E. Hess
Under House Bill 2265, the tax credit would go toward companies involved in the conversion of waste coal. During this process, coal refuse stockpiles ...
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Texas Tribune Article Addresses Property Tax System & Commercial Valuation Issues
George Scott Reports George Scott
While some in Texas politics would like to abolish property taxes, there are constant efforts to overhaul them, like the percolating effort to raise ...
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Tax & Finance Legislative Alert for Companies selling on-line
The tax return deadlines for businesses are fast approaching (June 30 for corporations with a Dec. 31 year-end and June 16 for unincorporated ...
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LA's 10 Biggest Tax Payers: From F1 Heiress to the Ultimate Playboy
PropertyShark.com BlogCenter Georgiana Mihaila
Los Angeles property taxes for million dollar homes can escalate up to the point where owners could use that money to buy smaller abodes. Case in ...
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Orange County Official: Spending Unsustainable, Tax Hikes Coming
Right Angles Donna Martinez
Orange County is headed to a future tax increase at current spending and revenue rates, interim County Manager Michael Talbert says.
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Jersey's getting tetchy
Tax Research UK Richard Murphy
“Moving Money: International financial flows, taxes & money laundering”. A round-table discussion on their recent paper, with the authors Richard ...
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Great News For Mary J. Blige, Singer Clears $900K State Tax Debt
Old School 95.5 @JanetGradio
Grammy winner Mary J Blige shows you can't keep a good woman down and new report from TMZ said that Mary J. paid off her $900k tax debt to the ...
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Tax commission lacked jurisdiction to review assessment challenge
Michigan Lawyers Weekly Ed Wesoloski
The State Tax Commission lacked jurisdiction to hear a manufacturer's challenge of a city assessor's decision to independently valuate the ...
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Churches, mosques now to pay tax – CONFAB
DELEGATES at the on- going National Conference Tuesday voted that henceforth, Churches and Mosques will be paying tax to the federal ...
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216 Legislative Candidates Support $1 A Pack Cigarette Tax Hike
Salisbury News Contributor
Two hundred sixteen (216) candidates for the Maryland General Assembly have signed a pledge to raise cigarette taxes next year by $1 a pack, ...
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Busta Rhymes Hit With $790K Tax Bill
Datzhott DatzHott
TMZ reports that Busta Rhymes owes the IRS north of three quarters of a million dollars in unpaid federal taxes. According to documents they have ...
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11 Rappers That Failed To Pay Their Taxes
Datzhott DatzHott
Well it was reported earlier that Busta Rhymes owes the IRS north of three quarters of a million dollars in unpaid federal taxes. According to ...
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WEB
Film tax credit bill unanimously passes California Assembly
From Yahoo News: By Jennifer Chaussee SACRAMENTO Calif. (Reuters) - A bill to lure filmmakers into California with tax incentives passed ...
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Turning Carbon Tax Theory Into Reality
A carbon tax has great appeal. It could reduce the risk of climate change by building emissions costs into market prices, thus discouraging the use of ...
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First home saver account
Tax file number · How to find your TFN · Applying for a TFN · Changing your ... Lodge your tax return · Do you need to lodge? Lodge online · Paper tax ...
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Giant Corporations Scam Tax Refunds
Why You're Paying Too Much In Taxes Today: Because Everyone from the Ultra-Rich to Illegal Immigrants Pay Nothing … Or Get Tax.
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10-205
(d) The addition under subsection (a) of this section includes the amount of a credit that is claimed under § 10–703 of this title and is based on a tax ...
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What Extra Tax Deductions Should I Make Sure To Take?
The federal government offers tax deductions and credits to reduce taxable income under certain circumstances. There are several that are often ...
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Rhode Island Continues to Push for Mostly Positive Corporate Tax Reform
In 2013, Rhode Island Governor Lincoln Chafee introduced a plan to lower the state's corporate tax rate from 9 percent to 7 percent over three years, ...
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France's 75 Percent Tax Rate Offers a Lesson in Revenue Estimating
Since elected, French President Francois Hollande has raised the income tax, corporate tax and VAT. The government forecasted that these tax ...
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Rapid Return Income tax services.com
Rapid Return Business & Tax Services. 103 likes. 1800 14th st west Bradenton,FL 941-750-0908 3216 17th st Sarasota, FL 941-366-8299.
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Connecticut Man Who Used Offshore Accounts Sentenced to Prison for Tax Evasion and Conspiracy
Cote was convicted in January 2014 of four counts of tax evasion along with conspiracy to defraud the IRS following a jury trial in the U.S. District Court ...
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2013 United States Average Federal Income Taxes Paid
The average taxpayer in the United States paid $11715 in federal income taxes in 2013. See where that money went.
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US Tax Authorities Have Skied Enough
The Justice Department's tax-cheat division is ready for some fun in the sun. The hunt for money hidden in Swiss bank accounts by U.S. citizens has ...
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Wonky Word Wednesdays: Tax Credits and Tax Deductions
Tax credit or tax deduction? Do you know the difference? I decided to pick this issue because at MBPC, we talk a lot about the Earned Income Tax ...
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Bill sought to tie corporate tax rate to CEO pay
SACRAMENTO, Calif. (AP) — The state Senate on Wednesday rejected a bill that sought to tie California's corporate tax rate to executive ...
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Why have state business tax collections plunged? Maybe just because one big company moved to ...
State finance officials say they're spending the summer trying to figure out why business taxes have continued to drop even as the economy improves, ...
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State Estate and Inheritance Taxes in 2014
In addition to the federal estate tax, many U.S. states levy their own taxes estate and inheritance taxes. While estate taxes are charged against the ...
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How many ways would Conservatives Block a Billionaire Tax?
A 90% Billionaire Tax, would still let them keep a $100 million of every "extra billion." A 99% Billionaire Tax, would let them keep a $10 million of every ...
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Why don't progressives want to cut taxes for middle-class families?
A recent tax reform proposal by Senator Mike Lee (R., Utah) would take a large step in this direction. He would keep the current $1,000 child credit and ...
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Tax Policy
Clariant aims at full transparency towards tax authorities with the focus on constructive dialogue and mutual trust on a long term basis and complies ...
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Potential Tax-Avoidance for Companies
For many corporations in the US, having to pay the high corporate tax rate is a problem worth avoiding. In order for these companies to avoid having to ...
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Notice from IRS reveived that more tax is owed based on Schedule D recalculations.
I filed my taxes with TurboTax. Just recently I received a letter from IRS advising that I owe more tax on 2012 return (plus interest). The adjustments ...
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Sugary drink tax voted down in Springfield
The proposal, voted down 7-2, would have placed a penny-per-ounce excise tax on sugary drinks sold in sealed containers, making a 24-pack of soda ...
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Tribunal tears up Next's tax relief claim
A multi-million pound tax allowance claim made by one of the UK's largest clothing retailers has been rejected for the second time by a tax tribunal.
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WHAT'S BEHIND WALKER'S REFUSAL TO SIGN NO TAX PLEDGE?
Yesterday, a Berger supporter asked a Walker supporter on Facebook why Mark Walker won't sign the no tax increase pledge. The Walker supporter ...
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Medline to Receive Sales Tax Rebate from Mundelein, Illinois
Medline is by far the largest employer in the area; to keep it happy, Mundelein town officials recently approved tax incentives for the company.
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Corporations Shift Their Tax Burdens to You
Corporate Tax Burdens: I really didn't mind paying what I owe – but I hate having to pay the taxes owed by the likes of JPMorgan Chase.
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Walt Disney Company Tax Analyst Salary
Walt Disney Company Tax Analyst salary reports. A free inside look at Walt Disney Company Tax Analyst salaries posted anonymously by employees.
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Advanced Tax Help LLC
Few experiences in our culture are more stressful than grappling with the Internal Revenue Service. Our team of tax relief experts is comprised of ...
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Athens County Ups Holzer's Property Tax, Is Unsure If It Will Be Paid
Holzer Clinic of Athens will get a bigger property tax bill for 2013, but whether it will actually owe it will depend on the state's final ruling on the medical ...
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KRA wants Sh32bn tax refund claims converted into bonds
Part of Sh30 billion owed to some companies in tax refunds may be turned into bonds. Kenya Revenue Authority commissioner-general John Njiraini ...
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State and Local Tax Alert: Ohio Senate Passes Mid Biennium Budget Bill and Considers Additional ...
HB 483 includes a number of proposed tax law changes. Meanwhile, the Ohio Senate Finance Committee amended Substitute House Bill 492 (HB ...
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Supreme Court Agrees To Hear Arguments In Maryland Tax Dispute
The Supreme Court on Tuesday agreed to hear oral arguments in a Maryland income-tax dispute that could have broad consequences for state and ...
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Stiglitz Argues Tax Reform is Key to Fighting Inequality in New Roosevelt Institute Paper
New York, NY: For decades, the debate over taxation in the United States has been dominated on the right by those who want to slash taxes and ...
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On Taxes, Part I
The first in a short series on tax policy. Progressive Taxation Overall Some progressives believe that every single tax must be progressive. Instead ...
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tax advisory principles
We help our clients deal with tax risks that they face, generated either ... We assist our clients in managing their tax affairs in an efficient and compliant ...
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Senior Tax Manager for Private Bank
Hugely successful Private Bank is looking for a Senior Tax Manager to act as the tax risk management key advisor and expert with oversight to the ...
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An Illinois budget, no tax hike and a creaking political limb
It would appear we're heading to where a few of us thought we'd end up long ago: An Illinois budget with no income tax increase and some difficult ...
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Tax Alert - Shanghai Pilot Free Trade zone
The Plan sets out the guiding principles with respect to the general requirements, major tasks and measures, supervisory mechanism, tax policies and ...
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Ex-Casino Owner, Nevada Businessman and Former National Football League Player Found ...
Rodrigues and Coolidge were additionally convicted of 15 counts of aiding in the preparation of false tax returns, while Prokop was convicted of 13 ...
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Alabama Sales Tax Filing Changes, June 2014
The Alabama Department of Revenue has published important notices regarding the administration of sales and use taxes in the City of Grove Hill and ...
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Federal Tax Collection: 2012
Gross federal tax collections. Business totals reflect taxes collected from businesses, including taxes on corporate income and unrelated business ...
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Business Tax Forms
Through this site you can apply for a new Tucson business license, file a business (sales) tax return, pay license fees and taxes due, review account ...
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