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FILTER RESULTS ►If taxes are charitable, why can’t I deduct them?
Find the error in this Victor Fleischer’s statement relating to Apple’s tax planning: If you think about it, taxes are [...]
Apple's Appearance before the Senate Clarifies the Need for Comprehensive Tax Reform
In a hearing where Senator Carl Levin (D-MI) deemed Apple’s tax planning “the Holy Grail of tax avoidance,” Apple CEO Tim Cook’s appearance before the Senate Permanent Subcommittee on Investigations resulted in a show trial of sorts....Show More Summary
More on Apple's Tax Planning
Following up on yesterday's post, Senate Holds Hearing Today on Apple's Tax Avoidance: Blog of the Legal Times: Senators Question IRS Over Targeting Conservative Groups Bloomberg editorial: Apple's Taxes Expose the Rotten U.S. Tax Code Bloomberg: Apple CEO Cook Rebuts $9 Billion Tax-Avoidance Claim Bloomberg: Google Joins Apple Avoiding Taxes...
Only 10% Support Berger Plan
Originally posted at ydnc.org. For those with tl;dr attention spans, here's a link to the poll itself - crosstabs and all. Only 10% of North Carolina voters surveyed support a tax plan before the North Carolina Senate according to aShow More Summary
Four Reasons to Applaud Apple’s Tax Planning
Daniel J. Mitchell The Senate is holding a Kangaroo Court designed to smear Apple for not voluntarily coughing up more tax revenue than the company actually owes. Here are four things you need to know. Apple is fully complying with the tax law. Show More Summary
UC-Hastings Hosts Northern California Tax Roundtable Today
UC-Hastings hosts the Spring 2013 Northern California Tax Roundtable today with these papers: Heather Field (UC-Hastings), Tax Planning and the Ethical Tax Lawyer Commentator: Caroline Chen (Santa Clara) David Gamage (UC-Berkeley), On Double-Distortion Arguments, Distribution Policy, and the Optimal Tax Mix Commentator: Susie Morse (UC-Hastings) Stu Karlinsky (Pacific Rim Tax...
Kleinbard: Starbucks and Stateless Income Tax Planning
Edward D. Kleinbard (USC), Through a Latte, Darkly: Starbucks' Window into Stateless Income Tax Planning: This paper uses Starbucks Corporation, the premier roaster, marketer and retailer of specialty coffee in the world, as an example of stateless income tax planning in action. “Stateless income” comprises income derived for tax purposes...
Senate tax plan
Talk of state tax reform is in the air, with Senate Republicans releasing their proposal last week. JLF President John Hood offers up an assessment, finding that while the proposal has many good points, it is not ideal: Because the Senate plan seeks to replace income-tax revenue with a broadened sales tax, it picks unnecessary [...]
The GOP tax plan will hurt more North Carolinians than it helps
And all of the people it helps are rich. The majority of taxpayers likely would see a tax increase after the plan is fully implemented, according to early long-term projections from legislative fiscal researchers who analyzed the potential legislation – not a tax break as Senate Republican leaders suggested when announcing the plan this week.
Benghazi Testimony Continues, Berlusconi Conviction Upheld, Obama’s Cigarette Tax Plan Ignored: P.M. Links
Testimony about the
Benghazi consulate attack and the Department of State’s
response is the subject of a House panel today. Former diplomat
Gregory Hicks testified about the government’s responses to the
attack and his shock at the “talking...Show More Summary
Cuccinelli’s ho-hum tax plan
Republican gubernatorial hopeful Kenneth Cuccinelli has come out with his first platform issue – lowering taxes. Under Cuccinelli’s plan, tax cuts would total $1.4 billion. That’s certainly joyful noise to Virginia’s perpetual tax-cutting crowd. Show More Summary
Cuccinelli takes page from Romney playbook with new tax plan
Ken Cuccinelli, Republicans’ candidate for governor in Virginia, unveiled a major new tax plan on Tuesday, and it very much resembles proposals by GOP presidential candidate Mitt Romney and congressional Republicans from over the past year.
Cuccinelli debuted a new …
Louisiana Supreme Court strikes down Jindal's voucher plan
This just isn't Louisiana Gov. Bobby Jindal's (R) year. First his plan to end state hospice care was deemed so unpopular, he had to back down. Then his regressive tax plan, which would have eliminated state income taxes altogether, was rejected by his own allies. And now his sch …
Atlas Air Worldwide Reports First-Quarter Earnings
Atlas Air Worldwide Reports First-Quarter Earnings Adjusted Net Income of $5.9 Million, $0.22 per Share Tax Planning Drives Reported Net Income of $20.1 Million, $0.76 per Share $36.5 Million of Stock Buybacks, 903,301 Shares Repurchased 2013...Show More Summary
Why I Love the National Internet Sales Tax Plan
The Internet, in the popular imagination, is supposed to be free—“the last bastion of our economy untouched by the government,” as they say on Fox News. But you don’t have to be a right-winger to recoil at the idea of an Internet sales tax. Show More Summary
What Happens When You Sell An MLP?
ByThe Chestnut: Understanding the tax consequences of the sale of an MLP interest is crucial. A basic understanding of the tax consequences helps to inform tax planning, leading to higher after-tax returns. It can also help guide the investor's MLP-related investment decisions in the first place. Show More Summary
Harvard Law School Offers ‘Tax Planning for Marijuana Dealers’—No Joke
I’m the last one to say this is a silly topic, because it is not. But you have to admit is sounds a little funny. Bizarrely–and there’s much in our tax law that’s downright bizarre–there’s actually a need for this kind of, er, down and dirty tax planning session. And someone should bring the CHEETOS®. Perhaps Harvard’s Board [...]
Leff Presents Tax Planning for Marijuana Dealers Today at Harvard
Benjamin Leff (American) presents Tax Planning for Marijuana Dealers at Harvard today as part of its Tax Policy Seminar hosted by Stephen Shay: In recent years, many states have legalized marijuana while the federal government continues to consider all marijuana sales and use illegal. But marijuana industry insiders consider not...
eBay Enlists Users to Fight Tax Plan
EBay is calling on some 40 million of its users to fight a national legislation that would give states the power to collect sales tax from out-of-state online retailers.
John Donahoe, eBay's CEO, sent the first of the emails out Sunday morning. Show More Summary
Christie Revives Tax Cut That Would Give 40 Percent Of Its Benefit To The Top 1 Percent
New Jersey Gov. Chris Christie (R) is reviving a once-failed income tax plan that will give a 10 percent tax cut to all of the state’s residents but will grant more of its benefits to the wealthiest New Jerseyans. Christie pitched a similar plan in 2012, but it failed at the hands of Democrats in [...]
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