Thursday, July 3, 2014

Google Alert - tax

Google
tax
Daily update July 3, 2014
NEWS
Wall Street Journal
Japan Tax Revenue at 6-Year High
TOKYO—Japan's tax revenue rose to its highest level in six years in the year ended March, as a weaker yen and higher share prices buoyed ...
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NDTV
Tax Department Wants Sahara to Pay Rs 4800 Crore, Moves Supreme Court
The Income Tax Department has approached the Supreme Court with a tax demand worth Rs 4,800 crore against Sahara The demand is for the last ...
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Tax-arbitrage M&A requires a deep discount
Tax-arbitrage M&A requires a deep discount. U.S. companies seeking to relocate by mergers in a bid to slash how much they remit to Uncle Sam were ...
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Business Standard
Little tax relief on the cards
Taxpayers expecting the income tax exemption limit will be raised to Rs 5 lakh or the deduction limit to Rs 2 lakh might have to settle for a marginal ...
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Tax code changes have farmers concerned
Pam Geiger, of Farm Credit Services in Mandan, said farmers are worried that changes to the federal tax code could raise their taxes at the end of the ...
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Tax bill rocks industry with concerns it may impact on its ability to sustain racing at 67 tracks
To replace VRI's lost revenue when Tabcorp's gaming licence was not renewed at this time, the State Government agreed to lower the tax on ...
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89.3 KPCC
Local sales tax can stall impact of missing federal transportation dollars
The problem is the federal government's main source of funding infrastructure projects: the gasoline tax. As Americans drive more fuel efficient cars, ...
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Sigma Tax Pro Breaks Down Key Tax Provisions of Affordable Care Act
The Premium Tax Credit is applicable to any taxpayers who obtain their health insurance coverage through the Health Insurance Marketplace.
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Wall Street Journal
Got Obamacare tax questions You might be out of luck FATCAs here Koskinen gets the Times ...
GOT OBAMACARE TAX QUESTIONS? YOU MIGHT BE OUT OF LUCK. Big changes will be coming next filing season thanks to Obamacare — but IRS ...
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Politico
Lawmakers turn to stealth tax measures
Congress may be deadlocked over tax increases, but lawmakers are finding lots of agreement on another way to raise revenue: throwing the book at ...
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Sales tax will be on Mahoning Co. Nov. ballot
They decided on the half-percent sales tax renewal coupled with a quarter percent increase, with 100 percent of the revenue being used for public ...
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WTOV Steubenville
B&O tax battle to continue in Weirton, WV, despite council's vote
Council voted 3-2 Tuesday, July 1, to implement the tax, applied to gross ... The tax is expected to generate about $2 million a year, though that's just ...
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Sydney Morning Herald
Turnbull investment in tax haven criticised
Others argue that tax havens allow investors in hedge funds to pay tax once and in their own home country. A spokesman for Mr Turnbull said: ...
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Iowa tax collections finish below expected level
DES MOINES — State of Iowa tax collections ended fiscal 2014 with somewhat of a rough landing, finishing the 12-month period this week about $185 ...
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High tax on tobacco will safeguard citizens: Health groups
Health minister Harsh Vardhan's proposal to the finance ministry on increasing taxes on tobacco products in the upcoming budget was on Wednesday ...
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State approves tax credit zones
The state has approved bigger tax breaks for industrial properties in Southeast Baltimore, including the site of the new Amazon warehouse. Designed ...
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The Australian Financial Review
Coalition tax-avoidance crackdown within the fortnight
The move reflects growing concern within the government over a report the Swiss-based Glencore could pay almost no tax on $15 billion in Australian ...
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Chicago Sun-Times
Quinn finds Rauner tax strategy 'extremely disturbing'
Gov. Pat Quinn today seized on a Tribune report about Republican Bruce Rauner's taxes to reinforce a campaign theme that the challenger is out of ...
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Rochester tax cap still popular six years later
Since 2008, the city's tax rate has risen year after year, but those rises, in line with the city charter's tax cap amendment, have stayed within the annual ...
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Property tax rate increase on table in Madeira Beach
MADEIRA BEACH — Residents could be facing their first city property tax rate increase in nearly 30 years in order to fund an ambitious citywide ...
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PA home page
Consultant: Commuter tax, higher property taxes part of city solution
The city should tax commuters, raise city property taxes 30 percent over the next three years, auction off city parking garages and sell its sewer ...
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Chicago Sun-Times
Rauner cut tax bill using strategy now under IRS scrutiny
IRS data shows that while Bruce Rauner is one of the 11,000 wealthiest tax filers in the United States, most of the money he made in recent years was ...
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The State
Bolton: Restaurant tax promotes fiscal irresponsibility among SC cities, counties
Columbia, SC — WHILE proponents embrace the 2 percent hospitality tax as a good way to fund arts organizations, festivals and tourist attractions, the ...
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WWMT-TV
Skubick: Business Tax Cut Could Be Campaign Issue
Democratic challenger Mark Schauer is making a big deal out of the Snyder administration's big tax cut for business during the governor's first year in ...
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Asset Servicing Times
US turning the screws on tax cheats
Sweeping rules aimed at stopping tax evasion took effect on Tuesday, ushering in a new system that Obama administration officials say will leave tax ...
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School tax rates set on final day
The fund balance is $847,267. This is based on the following tax rates, which differ by the two counties sharing Wallenpaupack Area School District:.
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Newsworks.org
Cigarette tax for Philly schools clears major hurdle in Pa. House
Legislation that would enable Philadelphia to levy a $2-per-pack tax on cigarettes has passed a key committee in the Pennsylvania House of ...
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SunHerald.com
Tax law exempts some ag businesses
For agricultural businesses in Mississippi, a change in tax law which may lower their utility bills. 1402759532000-1400000125000-NewsInBrief.
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Philly.com
Pa. House OKs cigarette tax for schools
A Senate vote on the tax could come next week, and Gov. Corbett is expected to sign the bill. The $2-per pack levy is expected to generate $45 million ...
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NBC 10 Philadelphia
House passes $2 city tax on cigs for schools
HARRISBURG - Legislation allowing Philadelphia to impose a $2-per-pack sales tax on cigarettes to help fund public schools cleared its most difficult ...
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Bed tax revenue leaps in May
Bed tax revenue for the month jumped 33 percent over May 2013 and represented the fourth month in the calendar year during which tourism revenue ...
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KEYT
Pismo Beach Sales Tax Headed for November Ballot
More than half the City of Pismo Beach's budget comes from tourism-related revenue like sales tax from popular shopping centers like the Pismo ...
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Plea for 'no tax regime' for pensioners
The Vellore Institute of Development Studies (VIDS) has urged the Central government to introduce a bold 'No Tax Regime' for all pensioners during ...
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Tax break would 'reignite' kids sector
CMC: The potential tax break for UK children's live-action television could be worth almost £3m (US$5.1m) a year to the government, according to ...
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Claim tax credit for summer daycare expenses
But if you didn't enroll in an FSA or your employer doesn't offer them, there's still a way to get a tax break on your summer daycare expenses (and ...
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4-cent gas tax increase takes effect in NH
A 4-cent tax in New Hampshire on gasoline and diesel fuel has taken effect, the first increase since 1991. Gov. Maggie Hassan signed a bill in May ...
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Natural gas tax will be phased in
Pat McCrory signed legislation Monday that will phase in a new sales tax on natural gas for eight North Carolina cities, including Greenville, Rocky ...
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West Norriton tax collector to collect school taxes in East Norriton
EAST NORRITON — When does an elected, township tax collector not collect school district real estate taxes for his township? When the tax collector ...
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Tax pooling to become more taxpayer friendly
Revenue Minister Todd McClay has signalled changes to tax pooling rules will mean that taxpayers can use tax pooling arrangements to pay any ...
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Hike income tax exemption limit to Rs 2 lakh: PwC
Stating that the common man has been impacted badly by high inflation and steady increase in fuel prices, consultancy firm PwC today pitched for a ...
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Tax on cell phones delayed over illegal import concerns
The government may delay its plan to charge luxury goods sales taxes (PPnBM) on cell phones due to concerns over a potential influx of illegal ...
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State approves tax credit zones
The state has approved bigger tax breaks for industrial properties in Southeast Baltimore, including the site of a new Amazon warehouse. Designed to ...
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No tax increase in Sto-Rox; staff furloughed to fill shortfall
These are “decisions caused by a declining tax base,” he said in a public statement prior to the 7-0 vote last Thursday. William Lenhart and Brian ...
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BLOGS
Sales-tax-free Old Glory
Bankrate.com Kay Bell
Celebrate Independence Day by flying Old Glory proudly. In some states, your U.S. flag purchase is tax free.
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State Cigarette Tax Rates in 2014
Tax Foundation - Tax Foundation's "Tax Policy Blog" Liz Emanuel, Richard Borean
For this week's tax map, we take a look at cigarette tax rates across the country, which vary widely from state to state and are levied on top of a federal ...
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Accounting & Tax Consultants
HanoverMass.com admin
The argument for tax consultants is, most of the taxpayers are negligent about keeping records and receipts of their expenses. If they select the option ...
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What is the Consumed Income Tax?
We've released a new video in which Tax Foundation Fellow Michael Schuyler explains the consumed income tax. For more videos, click here, ...
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Happy July 2! 14 States Exempt Flags from Their Sales Taxes
Tax Foundation - Tax Foundation's "Tax Policy Blog" Lyman Stone, Joseph Henchman
We missed Flag Day this year, which we've honored in past years by providing information about which states exempt flags from their sales taxes.
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The future of tax – the principles of our tax system
Public sector matters Meera Pabari
What would you say are the guiding principles for our tax system? Well, 22 members of the public spent two days debating this, and also considered ...
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Tax milestone as Fatca reporting requirement takes effect
Wealth managers must from today verify their clients' tax residency on the opening of new accounts to comply with the US Foreign Account Tax ...
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What to do if You Get a Notice from the IRS
IRS notices usually deal with a specific issue about your tax return or tax ... For example, it may say the IRS has corrected an error on your tax return.
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Sobering report: 20% of Detroiters could lose homes to tax foreclosure this year
Motor City Muckraker Steve Neavling
An alarming number of Detroiters are at risk of losing their homes because of delinquent property taxes at a time when the city is desperately trying to ...
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Cincinnati, Cleveland, Atlanta Score High Marks As Most Tax-Friendly Large Cities For Business
Ohio United - No on House Bill 5 housebill601admin
“NEW YORK, June 24, 2014 /PRNewswire/ — Cincinnati, Cleveland, Atlanta, Baltimore and Pittsburgh offer the most favorable tax structures for ...
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President Obama's FY 2015 Budget
ExcitingAds! Tax Roberton Williams
When President Obama proposed his 2015 budget last March, he vowed to cut taxes for working class Americans while making sure high income ...
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KRA Tax Information Now Accessible via Cellphones
TechMoran Robin Okuthe
Kenyans can now use their cell phones to obtain data on tax obligations, KRA has said. The Japan International Co-operation Agency (JICA) and ...
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Jobs created by tax cuts: Another question the governor won't answer
MichiganLiberal Eric B.
Three years ago, the governor was asked how many jobs the tax cut would create. He steadfastly declined to attach a number. Now in the midst of his ...
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3rd Bass' Pete Nice Pleads Guilty to Tax Fraud
B106 Daryl Nelson
Prime Minister Pete Nice, real name Peter Nash, of the '80s rap group 3rd Bass, has pleaded guilty to misdemeanor tax fraud.
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My tax dollars at work. My laptop and TSA. Again.
Sipsey Street Irregulars Dutchman6
My tax dollars at work. My laptop and TSA. Again. So, I fly out from Birmingham to Colorado springs via Dallas Fort Worth. Mindful of my last ...
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IRS Announces New Simplistic Application for Tax-exempt Status
... Tax Division. The hearings for the DOJ Tax nominee occurred around the same time when the IRS was targeting conservative nonprofit groups.
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HMRC's been giving itself an easy time on the tax gap
Tax Research UK Richard Murphy
The National Audit Office's report on HMRC's 2013-14 accounts includes some pretty damning commentary on its work in closing the tax gap – or ...
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A Wisconsin jock tax for Bucks arena?
Jake's Economic TA Funhouse Jake formerly of the LP
Let's go back to something new Bucks co-owner Marc Lasry mentioned in a meet-and-greet with the media last week that some kind of tax or other ...
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T-Mobile is collecting double tax
I love their new jump program however it doesn't make sense where we have to pay tax on the full phone then once you return the phone 6 months ...
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Vice is moving into a giant new space in Williamsburg along with $6.5 million in tax breaks
Free Williamsburg Josh Morrissey
This increase in jobs would be rewarded with up to $6.5 million dollars in state tax incentives. From WSJ: “Brooklyn is our home and we're already ...
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Temporary Tax Assessment 2014
AuditChart admin
This is a reminder to all taxpayers, that they must submit their temporary tax assessment (IR6 form) for the year 2014. This is due by 31st of July and ...
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some truths
THE WANDERING TAX PRO Robert D Flach
Mandatory licensing of tax return preparers will not reduce tax fraud. The news is full of tales of tax fraud perpetrated by CPAs and attorneys. Crooked ...
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what's the buzz, tell me what's a happennin'
THE WANDERING TAX PRO Robert D Flach
plan transactions with taxes in mind and avoid making impulsive moves. Seeking professional tax advice before pulling the trigger on significant ...
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Berkeley Soda Tax Is Not A Solution
By now you have probably heard about the misguided action taken by the city council in Berkeley, Calif., that will put a soda tax initiative on the ballot ...
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Hollowing out the tax base
Reaction to the ONS announcement that 52 percent of households receive more in benefits than they pay in tax was predictable, though not quite as ...
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Obama Plan Cuts Taxes of Working Class
Drudge Retort rcade
Roberton Williams, TaxVox: President Barack Obama's 2015 tax plan will translate to cutting taxes for the U.S.'s working class while having the ...
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Texas R&D tax credit
Warner Robinson Bruce Warner
The state of Texas has enacted a Research and Development Tax Credit. The law allows taxpayers to take a franchise tax credit for R&D expenditures ...
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Wisconsin Gets Bad News on Both Taxes and Spending
wibudgetproject's FDL blog WI Budget Project
The state's fiscal situation has gradually deteriorated in 2014, and new tax collection figures released late Friday afternoon show a continuation of that ...
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Letter: Clarifying tax impact of Valley View addition
Sun Focus Sun Focus Editor
The tax figure cited by the writer does not include a source; the inaccurate amount cited did not come from our school district. The average home value ...
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Budget 2014: Scrap off illogical tax provisions
The government should now consider that how far it is logical to tax the income tax of a tax payer especially if he has not received that income.
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Mayor announces sales tax appointments
Jackson Jambalaya Kingfish
“We're excited to put forth these appointments to the commission so citizens will finally have the opportunity to see their 1 percent sales tax go to work ...
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From The Boston Tax Institute
Your Tax Matters Partner William Reilly
Since Lu Gauthier of Boston Tax Institute has given me permission to ... Applying the five factor test in the Elliotts case, the Tax Court concluded that a ...
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If You Take Away Our Tax Money, Does City Hall Become Just Another Small Group of People With ...
The Sierra Madre Tattler The Moderator
Three local residents file notice of intention to repeal utility users (“UUT”) tax in Sierra Madre - The California Tax Limitation Committee's “TAX ...
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High Corporate Taxes Could Drive More Corporations Overseas. We Should Not Be Surprised?
Conservative Musings tom vorenberg
A little less than two years ago, Gregory D. Wasson, the chief executive of Walgreen, sought a series of tax breaks from Illinois, where his company is ...
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COTA again disputing $7 million tax bill from Travis County, report says
TexasPolitica.com Editor
COTA claims that Travis County has overvalued the race track for a second year in a row, resulting in a $7 million property tax bill that its management ...
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Tax Tips & Traps Newsletter – Summer 2014
TAX TICKLERS – Some Quick Points To Consider. Tax Ticklers Registering the birth of your newborn child? You can consent to use the “Automated ...
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Global M&A All About Cheap Money, Tax Inversions
InvestmentWatch InvestmentWatch
July 2 (Bloomberg) — Bloomberg's Matthew Campbell examines the global M&A boom and the factors driving the transactions. He speaks in today's ...
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Expat Capital Gains Tax Trap
An option to consider is to totally cut ties and sell your UK property before 6 April 2015 to avoid any liability to pay capital gains tax. However this is a ...
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Ashland approves marijuana tax, other regulations for dispensaries
The council authorized a tax of up to five percent on sales of medical marijuana, plus a tax of up to 10 percent on recreational marijuana sales.
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WEB
Doing your own taxes?
More than 43.6 million Americans prepared and e-filed their own income tax returns in 2013, up 4 percent from the year before, according to the IRS.
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Delinquent Tax Claim Listing
YORK COUNTY, PA. TAX CLAIM LISTING FOR TAX YEAR: 2014. AS OF BUSINESS DATE 07/02/2014. PAGE: 1. DT510PAYOR. PRIM. PRIM. PRIM.
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Fuel tax credits for business
Fuel tax credits for business. About this guide. This guide provides you with the information you need about fuel tax credits. It will: give you an ...
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Tax obligations
Do I have to withhold tax? Scenario 1. Director's remuneration (excluding gains from stock option/other share ownership plans (ESOP/ESOW) made to ...
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Corporate Tax Manager Jobs
Apply to 2362 Corporate Tax Manager jobs on LinkedIn. Sign up today, leverage your professional network, and get hired. New Corporate Tax ...
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Paying Your Taxes
Individuals and businesses are required by law to pay various forms of tax. Individuals pay income tax and health surcharge on their income.
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Getting help with Council Tax
Details on where to find help with Council Tax and tax discounts, exemptions and benefits, including links to benefit calculators.
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Tangible Personal Property Tax Reform on the Ballot in Michigan in August
According to the report, personal property taxes currently raise nearly $1.3 billion in tax revenue for Michigan. As we've written previously, personal ...
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5 Questions Typically Asked about Filing an Amended Tax Return
A Form 1099 that slipped under the couch, a substantial business deduction you forgot, or any other item that changes your tax return may mean you ...
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Amsterdam
INDIVIDUAL NOTES · INDIVIDUAL NOTES. Special Notes or Requirements for Filing Individual Tax Returns. CLICK HERE ...
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2014 Tax Year Draft Forms For Individual And Business Are Now Available
The following 2014 Draft Forms are now availabe on our Website, under Tax Pros/ Draft Forms. Individual Draft Forms: 24, 39NR, 39R, 40, ID-40V, 43, ...
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Corporate Tax Avoidance Is the New Normal
Medtronic wants to make Ireland its tax home and avoid paying U.S. taxes It comes close on the heels of U.S. pharmaceutical company Pfizer's recent, ...
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Alabama Tax Preparer Indicted for Stolen Identity Refund Fraud
According to the indictment, Floyd owned and operated a tax preparation business called T & L Tax Service that was located in Phenix City.
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First Time Figuring Estimated Tax Payments
This is the best time to figure out your estimated tax payments, as next April will be too late. Learn how.
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IRS Tax Forums 2014: Chicago!
Is the windy city ready to kick the 2014 Tax Forum season off? Kathy and I are jetting there now to present: “Business Expenses and the S Corporation ...
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Borden: 11 Notable Partnership Tax Articles of 2013
A Case Study in Closing Loopholes in the Partnership Tax Allocation Rules, 14 Fla. Tax Rev. 153 (2013); John F. Coverdale (Seton Hall), Of Red Bags ...
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Mark 2:13-17
14 As he walked along, he saw Levi son of Alphaeus sitting at the tax collector's booth. “Follow me,” Jesus told him, and Levi got up and followed him.
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Plastic Omnium wins Chattanooga tax breaks
A new $70 million plant project on Tuesday won tax incentives from a Chattanooga panel, though questions were raised about how such breaks are ...
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Kansas Tax Cuts Are Working
Despite the objections of some – perhaps biased – observers, the Kansas tax cuts appear to be working. Christopher Ingram at The Washington Post's ...
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Tax Collector
Responsibilities. As described in the Second Class Township Code of Pennsylvania, the elected tax collector shall collect all county, township, school, ...
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Tax Planning
You earned it, you deserve to keep it. Contact us today for tax planning in Maryland—our tax advisors are ready to help.
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Tax time is here, are you ready?
Visit Tax Time 2014 featuring our service commitment, start dates for return processing, ATO Tax Practitioner Advisory Group (ATPAG) tax time key ...
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Jackson Hewitt Tax Service
Full service individual, federal, and state income tax preparation.
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Cut Tax Rates, and Watch the Economy Grow
e21
As Congress debates what to do with more than 50 tax preferences that expired on January 1, it is important not to lose sight of tax rates in relation to ...
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Taxes
Ultimate responsibility for the reporting and payment of taxes, however, lies with you. Harvard staff members are not permitted to give individual tax ...
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'21000 to lose weight' with pop tax claims Plaid Cymru
A 20% tax on sugary drinks could cut the number of obese or overweight people in Wales by 21000, research for Plaid Cymru claims.
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Time To Cut Taxes?
Here's a quote from a well-known North Dakota politician: “Starting next year, we could suspend the individual and corporate income tax for a ...
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Tax Collector/Treasurer
The Collector/Treausurer is responsible for the general tax collection and treasury duties of the Town. The position is appointed by the Board of ...
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HR 694
Shown Here: Introduced in House (02/14/2013). Corporate Tax Fairness Act - Amends the Internal Revenue Code, with respect to the taxation of the ...
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Military Exempt From Kansas Vehicle Property Tax
Military Exempt From Kansas Vehicle Property Tax. KSAL Staff - July 2, 2014 10:20 am. ks specialty license plate. Active military in Kansas are exempt ...
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Local Tax Information
Current Borough & Real Estate Tax, Current E.I.T./L.S.T. (Wage) Taxes, Township/Borough Managers. Aspinwall: Mrs. Georgene Veltri, Keystone ...
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The God of Greeks must be joking: income €14K, tax €6.5K
The tax returns this year trigger uncontrolled laughter outbreaks especially to self-employed who for the first time are been taxed with 26% from the first ...
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Appleton Alderman proposes wheel tax
APPLETON, Wis. (WFRV) - Appleton city leaders are considering a new tax proposal. The proposal would shift the burden of paying for road ...
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How Property Tax in Punjab would be calculated
Disclosing the formula of annual value of property on which tax would be imposed; an official spokesperson of the state government said that for ...
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Tax Forms
School Improvement Conference · Special Education Information · Tax Forms · Technology · Acceptable Use Policy · Contact Us · Tutorials · Employee ...
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Tax Engine Deployment Automation and Implementation
Ryan, a leading global tax services firm with the largest indirect and property tax practices in North America, today... >More · Ryan Named 2013 ...
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Circle K IRS Tax Exemption
CKI shall maintain a blanket exemption for all CKI clubs so that they may be considered exempt from income tax on funds acquired during the year. 2.
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Tax and certification
Creating and maintaining efficient cross-border tax strategies requires access to the latest information. Clearstream's international expertise and ...
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what does IRS need to support my after-tax saving rollover from Fidelity 401k to Prudential
Hi! I filed my 2012 tax using turbo tax service. I might put wrong # on line 15-16. In 2012 I rollover some money from my Fidelity 401k account to ...
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Japan retailers holding up despite tax hike: Pro
Mikihiko Yamato, Deputy Head of Research at SG-Ji, discusses how Japanese retailers like Fast Retailing are not seeing major impact from April's tax ...
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