Tuesday, July 15, 2014

Google Alert - tax

Google
tax
Daily update July 15, 2014
NEWS
Forbes
Tax Cuts Coming To India, Finance Minister Says
The new government of Narendra Modi is committed to deeper tax cuts, and reforming its tax structure. Top down investors take note. This is what you ...
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NDTV
Selling a House? Tax Changes You Need to Know
Finance Minister Arun Jaitley in his first Budget proposed changes to income tax laws related to capital gains from property sale. The finance minister ...
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Fox News
Bergdahl could get $350G tax-free, if cleared by Army
Army Sgt. Bowe Bergdahl could have a tax-free $350,000 dropped into his bank account if the current investigation into his disappearance from his ...
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Reuters
Hollande hints at tax cut for middle class, urges French to be positive
During a 40-minute interview with the television channels TF1 and France 2, Hollande acknowledged that tax was a "sensitive subject", that the French ...
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KMBZ
Tax refund distribution begins again
Kansas Democratic chairwoman Joan Wagnon, a former state reveune secretary, said the Refvenue Department is adjusting to state income tax ...
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Financial Express
Tax planning: Arun Jaitley's Budget prescription
While the increase in basic tax exemption, hike in the deduction limit under Section 80C and the increase in interest deduction limit on home loans ...
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Forbes
Tax Reform, Not Tax Inversions, Will Rescue The US Pharma, Bio, And Medical-Device Industries
A Goldman Sachs research note explains the stakes in the current spate of tax-inversion deals by U.S. firms taking over foreign targets. Most of the ...
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Tax credits a boon to some groups in northwest Kansas
Area nonprofit groups will be participating in the Kansas Community Service Tax Credit Program, taking a slice of the $4.13 million in tax credits ...
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Economic Times
Tax incentives for home buyers positive for investors
"The exact benefit that borrowers avail of will depend on their tax bracket. According to calculations from EY, the total tax saving for home loan ...
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Historic tax credit program partially restored
MADISON – A moratorium on a wildly popular historic tax credit program ... The moratorium was put in place on June 23 because $35 million in tax ...
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The Hindu
Tax incentives in Budget will help boost economy
With the finance minister increasing the basic tax exemption limit from R2 lakh to R2.5 lakh for resident individuals below the age of 60 years and, ...
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Tax Credits for Hotel Northland available again
Scott Walker's office on Monday lifted a moratorium on half a state program offering preservation tax credits. Wisconsin Economic Development Corp., ...
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Wall Street Journal
Race to Cut Taxes Fuels Urge to Merge
The race by companies to sidestep U.S. taxes reached a fever pitch as two drug firms unveiled foreign mergers that will help them slash their tax rates.
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Sesa Merger Was Tax Evasion Device by Agarwal, India Alleges
The merger is a “device” for tax evasion, according to the petition filed today by the Ministry of Corporate Affairs, citing the income tax department.
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The Guardian
SFGate (blog)
Tax tricks, debt traps and cyber-scares: Top of the Morning
It's the latest example of “tax inversion,” whereby a U.S. company buys an overseas company and incorporates there, paying a lower corporate tax rate ...
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The Guardian
Corporate inversion - moving the head office for tax purposes
A corporate inversion occurs when a multinational group moves its notional head office, often for tax purposes, from its home jurisdiction to an ...
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The Maritime Executive
$260M tax incentive lures one project to Camden, spurs another in Paulsboro
The $260 million tax incentive that lured a power-plant supplier to Camden's waterfront is sending a ripple effect down the Delaware River. Officials on ...
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Trussvilletribune
Tax Increase Hearings This Week
Citizens who wish to voice their opinions on a proposed City of Acworth property tax increase will have their first of three opportunities to do so later ...
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US companies look overseas for tax bill relief
A growing number of U.S. companies are looking to trim their tax bills by combining operations with foreign businesses in a trend that may eventually ...
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Valley Tax Preparer Gets 18 Months for Filing False Returns
A former Van Nuys tax preparer, who fled to Colombia after he was indicted in 2003, was sentenced today to 18 months in federal prison for filing ...
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Topeka's tax-cut disaster
There was only one reason for the state's plummeting revenues, and that was the spectacularly ill-advised income tax cuts that Brownback and his ...
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Accounting Today
Tax Foundation Reports on Marketplace Fairness Act
The nonpartisan Tax Foundation research group has released a primer on the Marketplace Fairness Act, the legislation that proposes to establish ...
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State tax revenue up 5.2 percent over last fiscal year
ATLANTA — When the state's fiscal year wound up last month, tax collections were 5.2 percent above the previous year, according to figures released ...
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New tax scam involves fake IRS form
“Just fill out the form, send it to them, it takes 14 weeks and they you get a tax refund,” said Jane Driggs, president of the Better Business Bureau of ...
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Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Declares Monthly Distribution
The final determination of tax characteristics of the Fund's distributions will occur after the end of the year, at which time it will be reported to the ...
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State auditor: local property taxes bring in $100 million less than owed
This warning of under-collection of taxes seems to fly in the face of the new auditor's campaign claim to be "frugal Dougall." But his spokeswoman says ...
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Tax bill of $0 too good to be true
The hall complained about in the email is up to date on its property taxes, which totaled more than $7,000 in 2013, according to records kept by the ...
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WXIA-TV
Gwinnett County tax rates set to go up
Homeowners across Metro Atlanta are facing higher property taxes -- even though, in some cases, their elected officials are denying any responsibility ...
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Livemint
Service tax on aircraft lease to hit airlines
New Delhi: The proposal in the Union budget to levy service tax on plane rentals is expected to further burden loss-making carriers flying above the ...
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Tourism tax, rate hike before high court
The dispute centers on whether companies such as Expedia and Orbitz should pay tourist-development taxes on the full amounts they collect from ...
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Economic Times
Now file tax returns using your mobile
This tax filing season you can use your mobile phone or tab to file your returns. MakeMyReturns.com, an online tax filing portal, has launched a new ...
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The Weekly Standard
Welch: Gas tax is vital for better Vermont roads
The Highway Trust Fund is in trouble. The federal money pays for most road and bridge repairs around the country and Congress says it's running out.
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Senior Tax Counsel to Senate Finance Committee Joins Ernst & Young LLP Tax Practice
Ernst & Young LLP announced today that Ann Burgess Cammack, former senior tax counsel on the US Senate Finance Committee and tax advisor to ...
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Reuters
China's H1 tax revenue rises 8.5 pct
BEIJING, July 15 (Xinhua) -- China's tax revenue, a major source of the government's fiscal income, grew 8.5 percent year on year in the first half of ...
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Tax policies woo another insurer to Nebraska
First American Title Insurance Co., one of the nation's largest title insurance companies, has moved its regulatory home from California to Nebraska.
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Historic tax credit program moratorium lifted
MADISON, Wis. (AP) — A moratorium on a historic tax credit program in Wisconsin announced three weeks ago over concerns about how expensive it ...
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Sydney Morning Herald
Australian Tax Office compliance ability gutted, say departing insiders
The Tax Office's ability to catch or deter corporate tax cheats is being "gutted" by downsizing of its workforce, according to departing insiders.
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Tax amnesty” program signed into law
SPRINGFIELD, Mass. (WWLP)- If you are getting notices that you owe the state back taxes. 22news is working for you with how you could get a break ...
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Economic Times
Retrospective tax: Government should unveil tax proposals in advance
The Union Budget vows to not undertake fresh retrospective taxation but proposes two tax changes that resurrect the retro ghost that it thus claims to ...
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No sales tax increase in Rockingham County — for now
WENTWORTH — Rockingham County residents braced themselves Monday night for a possible quarter-cent increase in their sales tax to show up on ...
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Prairie Village Post
Kansas Tax Cuts "Ruinous," Says NY Times
NEW YORK (WIBW) -- The New York Times Editorial Board blasted recent tax cuts in Kansas, describing them as "ruinous." Citing the Center of ...
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Tax Cuts of Kansas Already Improving the State's Economy
Our new pro-growth tax policy will be like a shot of adrenaline into the heart of the Kansas economy. It will pave the way to the creation of tens of ...
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Tax treatment proposal on unlisted shares to affect investors of private firms
India proposes to redefine the capital gains tax treatment of unlisted shares, bringing in a distinction with the treatment on listed shares. This move ...
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BLOGS
A Simplified Way To Tax Multinational Corporations
You've been hearing a lot about corporations “renouncing their U.S. citizenship” through “tax inversions.” This is when a company buys or merges with ...
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Tax Cuts of Kansas Already Improving the State's Economy
Prison Planet.com admin
Our new pro-growth tax policy will be like a shot of adrenaline into the heart of the Kansas economy. It will pave the way to the creation of tens of ...
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Putting Congress Back in Control of Tax Policy
limittaxes.org limittaxes
Congress' exclusive tax-collection authority was reaffirmed with the ... the IRS and reorganizing tax collection under the direct control of Congress.
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2% Accommodation Tax Applications
The Beaufort County 2% Accommodation Tax Grant Program application ... The revenue generated by this tax must be used exclusively for certain ...
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Internet Sales Tax Debate
Virginia Public Radio Connie Stevens
Another national debate is taking center stage in Virginia—this time over a potential Internet sales tax. And as Virginia Public Radio's Tommie McNeil ...
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How Much of a Payroll Tax Increase Would It Take to Fix Social Security?
Closing the 75-year shortfall through the payroll tax alone would require an immediate 3.54 percentage point increase in the payroll tax rate (to 15.94 ...
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Chattanooga/Hamilton County Schools liquor tax settlement imminent
The blame-shifting and bickering between Chattanooga and Hamilton County Schools officials over millions of dollars in delinquent liquor-by-the-drink ...
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Boosting the US Economy | Invest in Research & Development for Tax Credit
TechZulu David Drake
A SEIS investment in startups gets you 50 percent deduction on your income tax as well as freedom from capital gains tax if you hold on to your ...
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Council tax arrears rise fastest where support is cut most
JRF blog Sabrina Bushe
Fifteen months after Council Tax Support was localised, new figures show that arrears have increased by 20 per cent. The Department for ...
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A secret no more: CIA hit with Michigan tax liens
The state Treasury Department has filed three tax liens against the U.S. Central Intelligence Agency for failure to pay more than $20,000 in withholding ...
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Barbados opposition rallying against controversial solid waste tax
DA Vibes Diane
This new tax, announced last year, comes due by July 28 with a sweeping .03 percent charge on the site value of real estate property across the island ...
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Tax certainty encourages window of opportunity
Energy Ireland admin
The existing taxation regime in Ireland – which consists of a 25 per cent corporation tax rate and a Profits Resource Rent Tax (PRRT) of up to 15 per ...
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Compromises, Delays, Derivatives and Daze
ExcitingAds! Tax Renu Zaretsky
Permanent tax breaks will (still) likely wait. The House voted to make permanent the bonus depreciation tax break on Friday, but the current Senate ...
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MANAGER: CORPORATE TAX
Paton Personnel Cathy Machingaidze
Experienced senior tax consultant needed to grow dynamic team in leading consultancy firm. Advise on exciting corporate transactions. Experience in ...
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Late Tax Filers Face Big Penalties
The National Herald dabilis
Greek tax forms. Greece has done away with paper tax forms. Some 100,000 Greek taxpayers who missed a July 14th deadline for filing electronic ...
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St. Lucia among regional countries which collect the most tax revenue
Saint Lucia has been named among countries in the region, which collect the most tax revenue. Caribjournal.com, in an article named “Ranking the ...
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Federal Tax Credit Renewal Would Provide Huge Windfall To Indianapolis Motor Speedway
Advance Indiana™ Gary R. Welsh
Corrupt members of Congress are currently considering legislation to reinstate a favorable tax credit originally written into federal law in 2004 that ...
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Summer Weddings: Quick and Easy Tax Guide For Those Getting Married and Newlyweds
With the planning that goes into the wedding it is easy to overlook the tax implications of marriage. Although taxes are probably not high on your ...
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Bubble days are here again – time for a land tax
Bubble days are here again – time for a land tax. July 15, 2014 merijnknibbe Leave a comment Go to comments. Recently, Eurostat published data on ...
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'THAT' PERSON AND GET OVER $3K BACK AT TAX TIME
The Footnotes The Footnotes
Tax time is here again! After collecting the 50 page instruction guide, finding your tax file number and sharpening your pencil- all temptation is urging ...
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Road Trip Polls Unpopular Internet Sales Tax! NTUF's BillTally finds $1.1 Trillion Agenda for ...
Pete Sepp's back from the second week of NTU & R Street's Internet Sales Tax 'Road Show' which is touring 20 states to announce poll results that ...
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HMRC Plan to Delay the Issue of Employee Tax Codes
The Income Tax (Pay As You Earn) Regulations 2003 (the PAYE Regulations) govern the day-to-day workings of how the Income Tax system works ...
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PWC: give us tax haven UK or we'll throw our toys out of the pram
Tax Research UK Richard Murphy
The chairman of PwC in the UK has said that takeover deals based on tax inversions — which were brought to the fore in Pfizer's aborted battle for ...
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Tax office to lose one eighth of its staff by October
En Passant John
Over 900 staff have left the Australian Tax Office on voluntary redundancies. Another 400 will be gone by the end of August and another 1700 or so by ...
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Permanent federal gas tax fund will provide stable funding for transportation
Infrastructure in Ontario will get a permanent boost from a dedicated and permanent gas tax fund, the federal government announced today.
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Church Planter's Briefing: Taxes
BobThune.com Bob Thune
Below is a short briefing on tax-related issues which you can also download in PDF form. Also, at the end of this post you'll find the audio recording of ...
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what's the buzz, tell me what's a happennin'
THE WANDERING TAX PRO Robert D Flach
Joe Kristan's Friday TAX ROUND-UP led me to “State Economic Prosperity and Taxation”, which summarized “new research by economist Pavel ...
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Ohio's Small Business Income Tax Deduction Increases
Ag & Food Law Blog noreply@blogger.com (Ag and Food Law Blog)
Last year the Ohio budget bill included significant tax law changes to deliver a $2.7 billion tax cut to individuals and businesses over the course of ...
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Reader Emails and Other Reflections On the
Mish's Global Economic Trend Analysis noreply@blogger.com (Mike Mish Shedlock)
Last Week I received a response from reader Eric in response to the "U.S. Corporate Tax Dodge" by Barry Ritholtz. In his article Ritholtz sides with ...
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Jonathan Karl's IRS Tax Audit Coming In 3…. 2…. 1…..
The Last Refuge sundance
Libya - US Embassies and non essentials evacuated - Islamist civil war. Syria - 3 Year Islamist Civil War - Assad Regime still in power. GAZA - Hamas ...
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Deserter Bowe Bergdahl to get $350000 tax-free
I'm a Man! I'm 41! Monica Meme
Deserter Bowe Bergdahl is set to get $350,000 tax-free, paid for with your taxes, if the Obama regime deems Bergdahl to not be a 'deserter'. You all ...
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Expat investors
Monevator The Accumulator
Where to go for help if you're an expat who wants help navigating the bewildering rules and regulations surrounding tax and investments.
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If in doubt Tim Worstall resorts to misrepresenting the truth
Tax Research UK Richard Murphy
I posted an audio blog this morning explaining why and how Amazon, amongst other companies, avoid tax, making quite clear what the processes ...
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Why Should Boeing Get an Insane Amount of Tax Dollars From Ex-Im Bank?
The Navigator Online Otto Post
Two reports in recent days have focused on the fate of the Boeing Co. in the event Congress opts against reauthorization of the Export-Import Bank.
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Tax treatment proposal on unlisted shares to affect investors of private firms
India proposes to redefine the capital gains tax treatment of unlisted shares, bringing in a distinction with the treatment on listed shares. This move ...
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AMC considers property tax discounts
Growing public ire over the steep hike in property tax, has got the Ahmedabad Municipal Corporation mulling over a discount.
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Corinne H. Gartner
Corinne Gartner specializes in the representation of nonprofit and tax-exempt organizations on corporate/ transactional matters and compliance with ...
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Property tax collection comes to your doorstep in Bangalore
Now, you can pay property tax at your doorstep. In a first such move, the BBMP on July 13 organized a special property tax collection camp on the ...
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Perspective on the FY14 tax numbers
Pure Pierre Politics Bob Mercer
The post below reports on the major sources of general-fund revenues for state government in fiscal 2014 that ended June 30. I went back a bit farther ...
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Commissioners delay vote on Rockingham sales tax hike
Piedmont Publius Sam Hieb
At last night's meeting the Rockingham County Board of Commissioners voted 4-1 to table debate over a quarter-cent sales tax hike on the November ...
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Bill Shorten's Speech On The Carbon Tax Repeal Legislation
AustralianPolitics.com mfarnsworth
The carbon tax repeal legislation is about to be passed by the House of Representatives for the third time and the Leader of the Opposition, Bill ...
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Bergdahl Could Get $350G Tax-Free, If Cleared By Army
Salisbury News Contributor
Army Sgt. Bowe Bergdahl could have a tax-free $350,000 dropped into his bank account if the current investigation into his disappearance from his ...
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Less tax is better tax
Homepaddock homepaddock
This entry was posted on Tuesday, July 15th, 2014 at 10:15 am and is filed under politics, tax. You can follow any responses to this entry through the ...
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Obama Says GOP Lawsuit Will Cost Tax Dollars
TexasPolitica.com Editor
Obama Says GOP Lawsuit Will Cost Tax Dollars. Jul 12, 2014 11:42am. In his weekly radio/YouTube address, President Obama derided House ...
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Let That Whistle Blow
Your Tax Matters Partner William Reilly
I thought that this protester was totally off the wall claiming tax exemption as a ... since some of the tax burden would somehow come out of his share.
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WEB
Tax Forms
Forms for: filing tax returns (individual & business), questionnaires for setting up accounts with the Tax Department, rental listings, employer ...
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Qualified Tuition Programs
An American opportunity or lifetime learning credit can be claimed in the same year the beneficiary takes a tax-free distribution from a QTP, as long as ...
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Partnership and Recycling Surcharge Tax Return e-File
e-File of Partnership and Recycling Surcharge Tax Returns - Wisconsin Department of Revenue.
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Key Vote: YES on the Permanent Internet Tax Freedom Act, HR 3086
Back in 1998, Congress passed the original Internet Tax Freedom Act, a temporary moratorium on taxing internet access. Since then, the Act has been ...
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Tax Horror Stories That Will Give You Nightmares
A sampling of IRS tax horror stories — because it's good to know what you're up against.
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Federal Tax Revenues Set Record Through June; Feds Still Running $385.8B Deficit
(CNSNews.com) - Federal tax revenues continue to run at a record pace (in inflation-adjusted dollars) in fiscal 2014, as the federal government's total ...
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DC Council Overrides Mayor's Veto of Tax Reform Package
The D.C. Council just voted 12 to 1 to override the Mayor's veto of the budget/tax reform bill. The bill reduces middle-class income tax burdens, cuts ...
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Lurie: The ObamaCare 3.8% Tax on Investment Income
BenefitsLink.com: Obama's Trojan Horse: A 3.8% Medicare Surtax? No. A Free-Standing Second Income Tax? Yes. A Well-Kept Secret? You Bet, by ...
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Allocate mortgage interesting and property tax on multi-unit building
I have a multi-unit building that I live in and rented out. Let's say I get 2000 in rent, pay 1000 in mortgage interest and 1000 in property tax. The tax ...
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Archive
FTB Archive Homepage. Archive disclaimer. Archived content may contain broken links. It remains online for historical reference or research.
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The Offshore Wrapper: a week in tax justice
The Wrapper has reported extensively on Junker's record as leader of the leading EU tax haven Luxembourg. More was published on the TJN blog ...
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Ohio State tax return refund status for 2013?
Hi,. When i check my ohio state tax status for 2013 on the state tax website, it states that. Your refund information is not available for your Individual ...
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Bergdahl could get $350G tax-free, if cleared by Army
Army Sgt. Bowe Bergdahl could have a tax-free $350,000 dropped into his bank account if the current investigation into his disappearance from his ...
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A Simplified Way To Tax Multinational Corporations
The idea is to tax corporations based on where sales are made, not where profits are reported. If a company has 50 percent of its sales in the U.S., the ...
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Volunteer needed to coordinate Tax-Aide program
When AARP Foundation Tax-Aide began in 1968 it was one of the first programs to use volunteers to ensure seniors received necessary and ...
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Tax avoidance schemes: accelerated payments
A list of tax avoidance schemes on which users may be charged an upfront tax payment called an accelerated payment.
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Tax time meeting 8 July 2014
The ATO is aware that in some circumstances where a tax agent submits a return not necessary, the Tax Agent Portal returns an error message ...
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Tax Returns: Americans Claim They Paid $2.3B More in Alimony Than They Received
Americans claimed $2.3 billion more in alimony paid than former spouses claimed they received, according to a Treasury Inspector General for Tax ...
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Tax clarity for Indian offshore investors
India's 2014-15 federal budget includes a measure to tax foreign asset managers' profits as capital gains at 15 per cent, rather than business income ...
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Top 10 tax credits renewal 'excuses' revealed
With the tax credits renewal deadline of 31 July just over two weeks away, HMRC has revealed the top 10 excuses for not renewing tax credits claims.
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Decatur Schools asking about alcohol tax
A question raised by a Decatur School Board member about an alcohol tax collected by the city has led to a behind-the-scenes debate about whether ...
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General Motors Continues to Invest American Tax Dollars Overseas
It was noteworthy, then, when the iconic American car brand Chevrolet inked a $70 million sponsorship deal with English Premier League giant ...
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Tax commitee's SME report released for public comment
The Davis Tax Committee's (DTC) report on SMEs in South Africa has been released for public comment and details several key findings.
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Stop Congress from Taxing Internet Access
The Permanent Internet Tax Freedom Act (PITFA) will prevent local and federal government from ever taxing Internet access. Without this legislation ...
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The Philadelphia cigarette tax; the Pennsylvania budget
Just one vote held up the proposed cigarette tax in Pennsylvania's General Assembly last week. The $2-per-pack tax would have helped fund ...
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Maria's Tax Service
Maria's Tax Service. 36 likes · 7 talking about this. We offer individual and business tax preparation Free ITIN applications with the preparation of...
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Do you know when your state adopted its sales tax?
Part of the reason my mom is so sales tax sensitive is that she remembers when she didn't have to pay it. The Lone Star State didn't adopt its sales tax ...
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Streamlined Exemption Application Could Pose Compliance Problems
This article first appeared in the April 21, 2014 edition of Tax Notes Today. The IRS has released a draft of a simplified exemption application for ...
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John Oliver Debunks Some Estate Tax Myths
and Oliver cited our paper showing that 99.86 percent of all estates in 2013 owed no estate tax (see chart). As Oliver mentioned and our paper ...
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Liberty Tax Service
Liberty Tax Service - Seasonal Opportunities is now hiring for 124 jobs. Click to see additional information about this company and recommended ...
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Oil Tax Referendum
The Oil Tax Referendum “An Act Relating to the Oil and Gas Production Tax, Interest Rates on Overdue Taxes, and Tax Credit” (Ballot Measure 1) ...
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Sr. Tax Accountant
Job Details - Job #311567 - Are you a Tax Professional looking for the next step in your career in professional environment where you can surround ...
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Tax
Deloitte Tax LLP helps companies understand national, state and local, and international tax structures and align the tax function with business ...
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Gov. Deal: Net state tax collections up 11.5 percent in June
Media Release: Gov. Nathan Deal announced today that Georgia's net tax collections for the month of June totaled $1.76 billion for an increase of ...
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Follow-Up: Maryland pols raise their gas tax, voters respond supportively
While the conventional wisdom is that voting for a tax increase spells doom for a politician, recent evidence from Maryland continues to show that state ...
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Tax Manager job in Dallas, TX Job in Dallas, TX
Parker + Lynch has a Tax Manager job in Dallas, TX. The client is looking for Certified Public Accountant (CPA) who has a minimum of seven years' ...
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Tax inversion unpatriotic?
CNBC contributor Jared Bernstein discusses his disdain for tax inversion in the U.S..
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California Needs the Carbon Tax
California Needs the Carbon Tax. Los Angeles Times, Los Angeles Times. California's landmark climate change law, AB 32, has created a promising ...
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Rauner Ducks Tax Questions
Rauner Ducks Tax Questions. Mon, 14 Jul 2014 06:10:27 CDT. By: IPR's Amanda Vinicky. Bruce Rauner -- the Republican nominee for Illinois ...
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