Tax Inquiry? Principality Is Offended
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After weathering days of criticism from Germany over a spectacular tax evasion case, Liechtenstein is digging in to defend its lucrative tradition of banking secrecy.
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Clothing maker Tommy Hilfiger suffered a mauling on Wall Street yesterday after disclosing it was the subject of a federal investigation that analysts said appeared to focus on tax avoidance.
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The chancellor Alistair Darling has been met with a barrage of criticism after he decided to delay announcing changes to capital gains tax (CGT).
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And how Alistair Darling didn't exactly solve it Analysis Why the Chancellor of the Exchequer, Alistair Darling, had to propose altering capital gains tax (CGT) back in the autumn is pretty simple to explain. There was a certain amount of vociferous shouting (led by the Guardianistas, of course) that the sight of private equity barons paying less tax than their cleaners was a moral outrage that must be stopped. Few stopped to think that the very idea was itself absurd: a lower rate of tax, possibly, but they certainly weren't paying less tax either in total or as a portion of their total earnings. No matter, a band wagon was rolling and something must be done.â¦
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Some ask whether the public benefits of philanthropy are commensurate with the tax breaks that givers receive.
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An inquiry has been opened into the charitable status of a think-tank following complaints from the Tories.
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What the heck is "unearned revenue," and can I have some?
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The I.R.S. is worried that a Virgin Islands program that confers a special tax rate that amounts effectively to just 3.5 percent of income may be encouraging fraud.
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Comment is free: Robert Peston: The world of the super-rich non-dom is a truly absorbing place. Here, a Â£30k levy is a fleabite
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What to do when that 1040 EZ form turns out to be anything but "EZ."
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FORT SMITH, Ark. -- Many Arkansans and Oklahomans could have money coming and not know it, federal officials said Tuesday. The Internal Revenue Service announced that more than 1,500 residents in both states have unclaimed tax refunds.
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By Reid Magney, La Crosse Tribune, Wis.  Sep. 5--A couple times in this space I've wondered aloud why La Crosse doesn't have a taxpayer watchdog group if taxes are really as high as people say.   Well, ask and ye shall receive.
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By Steven Oberbeck, The Salt Lake Tribune  Mar. 3--Forgot to claim your telephone tax credit?   It may not be cost effective for Utahns to use professional tax preparers  to help them file an amended return, said Judy Pett at the H&R Block office in  Midvale.
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The Internal Revenue Service is looking for about 2000 Virginians who have unclaimed tax refunds waiting for them. Spokeswoman Gloria Wajciechowski says many refund checks cannot be delivered because of a change of address.
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Don't mess with the taxman. He'll make you want to shout.
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Taking the 'dead' out of 'deadline' Her Majesty's Revenue and Customs will not fine anyone who got their tax filed over the weekend - even though they missed the official, extended deadline.â¦
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If you get an e-mail telling you that you're under investigation by the IRS, take a breath before calling your lawyer. It's a scam.