Bloomberg: Schumer Anti-Inversion Tax Plan Could Reach Back to 1994, by Richard Rubin: A proposal from a top Senate Democrat could limit deductions for companies that moved their tax addresses out of the U.S. as long ago as 1994, according to a draft obtained by Bloomberg News. The legislative proposal,...
We wonder if Vallas has been watching what has happened with CPS in recent years to call the proposed Rauner tax plan 'devastating' to public schools. [ more › ]
Graduating from college feels a little like crossing the finish line of a very long race but in reality, it’s just the beginning. Going from the classroom the working world is a major transition that brings new responsibilities, including obligations to Uncle Sam. If you’re just starting out in your first job, seeing how much [...]Show More Summary
If you don't know a lot about Hillsborough County's big plans for transportation improvements, you'll get plenty of chances to find out more next month.
David Cameron is under fire for giving a peerage to Joanna Shields, a former Facebook and Google executive under whose tenure ferociously aggressive tax planning was the order of the day. Under Shields's direction, both technology companies sidestepped hundreds of millions of pounds' worth of tax. Show More Summary
Is South Korea’s new policy of taxing companies that don’t pay out more of their cash reserves in wages and dividends fair? In considering that, Seoul’s policymakers would like you to take these figures into account: total Korean corporate earnings accounted for 26% of the country’s gross domestic product last year, up from 13% in 1998. Show More Summary
Company news, markets and financial talking points, available from 8am Monday to Friday DO TAPE RECORDINGS REVEAL TAX PLANS? Two tape recordings have emerged offering an insight into secret tax plans of the Conservatives and Labour.Show More Summary
By Sconnie Warrior: Introduction: The Kinder family of stocks are quite popular among investors on SA and other investment websites. There are 3 common ways to own the main Kinder assets: KMP, KMR and KMI (I am excluding EPB from discussion because its tax implications are substantially similar to KMP). Show More Summary
Tory MP Charlie Elphicke recently caused a great deal of upset amongst his former colleagues in the legal profession with his criticism of professional advisers working in the field of tax planning. The normally staid website version...Show More Summary
Yariv Brauner (Florida), What the BEPS?, 16 Fla. Tax Rev. 55 (2014): Unprecedented attention to aggressive international tax planning has shaken the earth under the most powerful players in the world of international tax policy design. The media exposure of what Bloomberg’s calls “The Great Corporate Tax Dodge,” combined with...
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 wealthiest Americans pay more, according to new estimates. The poorest 20 percent in households will see their after-tax income increase by 0.7 percent, while the top 20 percent's income after taxes will decrease by 1.2 percent.
Paying for college can be a parent’s worst financial nightmare, especially as increases in tuition rates continue to outpace inflation. There is an upside, however, since there are certain tax breaks available if you’re covering some or all of your child’s education expenses. If your budget’s feeling the pinch, here are some tax planning tips [...]Show More Summary
Bloomberg recently reported that the Bill and Hillary Clinton planned to avoid estate taxes by transferring their New York home to a residential trust. Their plans to avoid estate taxes are notable because of their political support for those taxes. Show More Summary
The Federal Highway Trust Fund is going bust this year. In fact, it goes bust every year. According to the Committee for a Responsible Federal Budget (CRFB), federal highway spending has exceeded dedicated tax revenue in 13 of the last 14 years. Show More Summary
The headlines are meant to grab your attention: Wealthy Clintons use trusts to avoid full estate tax they back After touting estate tax, Bill and Hillary Clinton seize on loopholes Bill and Hillary Clinton are dodging ‘death tax’ on their homes despite campaigning to raise it Clintons use loophole to avoid estate tax they helped [...]
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Republican lawmakers and some U.S. businesses are going public with concerns about an international group's plan to reduce corporate tax dodging, just as the group is completing a set of recommendations for rewriting global tax rule...
Remember Joe the Plumber? During the 2008 presidential race, Samuel Joseph Wurzelbacher, a plumber from Holland, Ohio, vaulted himself into campaign history after telling then-candidate Barack Obama that his proposed tax plan would prevent...Show More Summary
John A. Miller (Idaho) & Jeffrey A. Maine (Maine), The Fundamentals of Wealth Transfer Tax Planning: 2013 and Beyond, 2013 BYU L. Rev. 879: On January 1, 2013 Congress avoided the tax part of the so called “fiscal cliff” when it passed the American Taxpayer Relief Act of 2012 (ATRA)....
Primitive? That's how the first wave of taxes on legalized recreational marijuana, in Washington and Colorado, may seem. For now, at least, other states are moving toward different tax plans. And it would be amazing if the first laws...Show More Summary