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16 Mar 2021, 5:45 am
Until the early twentieth century, excise taxes made up a large proportion of the total federal taxes paid, but today they contribute only 2.9 percent of federal tax revenues.[2] The Internal Revenue Service defines an excise tax as a tax “imposed on the sale of specific goods or services, or on certain uses. [read post]
16 Mar 2021, 3:00 am
Mar. 9, 2021): This case presents a recurring question in our court: under what circumstances is a prevailing plaintiff in a Freedom of Information Act (FOIA) case—here a law professor [Margaret Kwoka (Denver)] seeking information from the Internal Revenue Service—entitled to an award... [read post]
15 Mar 2021, 8:08 am
” See Bank Secrecy Act, Internal Revenue Service (IRS). [read post]
15 Mar 2021, 7:00 am
In the past, the Internal Revenue Service (IRS) had focused on the tax compliance of high-income individuals because their noncompliance can have a significant corrosive effect on tax administration as well as add to the belief that the Nation’s tax system favors the wealthy. [read post]
15 Mar 2021, 7:00 am
In the past, the Internal Revenue Service (IRS) had focused on the tax compliance of high-income individuals because their noncompliance can have a significant corrosive effect on tax administration as well as add to the belief that the Nation’s tax system favors the wealthy. [read post]
15 Mar 2021, 5:16 am
Wolters Kluwer reported 2020 annual revenues of €4.6 billion. [read post]
15 Mar 2021, 2:00 am
The hand-downs will be streamed on Supreme Court Live and will then be made available on the Supreme Court’s video on demand service. [read post]
14 Mar 2021, 11:07 am
It also increases civil monetary penalties, by imposing on private parties fines the greater of either: (i) 15% of the undertaking’s U.S. revenues in the prior calendar year, or (ii) 30% of the undertaking’s U.S. revenues in any business line affected or targeted by the unlawful conduct during the period of such conduct. [read post]
13 Mar 2021, 3:30 pm
—Section 85 of the Internal Revenue Code of 1986 is amended by adding at the end the following new subsection: “(c) SPECIAL RULE FOR 2020. [read post]
13 Mar 2021, 8:48 am
The Department of Justice (DoJ) and Audrey Strauss, the US Attorney for the Southern District of New York, announced Thursday that Zurich’s oldest private bank, Rahn+Bodmer (R+B), admitted to aiding US taxpayers evade their US tax obligations and defraud the Internal Revenue Service (IRS), by hiding hundreds of millions of dollars in offshore bank accounts. [read post]
12 Mar 2021, 7:09 pm
In January of this year, the National Council of Nonprofits issued a statement containing a number of criticisms of recent Internal Revenue Service policy. [read post]
12 Mar 2021, 4:05 am
The Tax Exempt and Government Entities Division of the Internal Revenue Service [IRS] is hosting a free Webinar titled Taxable Fringe Benefit Essentials for Employerson April 14, 2021 at 1:00 p.m. [read post]
11 Mar 2021, 12:00 pm
After three years, Franklin's estate is moving toward an agreement with the Internal Revenue Service (IRS) to repay this debt which is comprised of... [read post]
11 Mar 2021, 5:36 am
The United States Court of Appeals for the District of Columbia Circuit has remanded to the district court in an appeal of a University of Denver law professor for fees in FOIA litigation against the Internal Revenue Service. [read post]
11 Mar 2021, 2:29 am
These Internal Revenue Code provisions were passed by Congress long before it passed Medicaid trust laws, are very detailed, and indicate that Congress is aware that there are many varieties of trust provisions where settlors can reserve varying degrees of control over irrevocable trusts, yet Congress did not opt to subject irrevocable trusts to such scrutiny in the Medicaid context. [read post]
10 Mar 2021, 5:05 pm
For the Council, the question will often be what the company knew about the way its products or services were being used. [read post]
10 Mar 2021, 11:28 am
Fish and Wildlife Service for activities to proactively prevent pandemic spread by wildlife and crack down on wildlife trafficking, including endangered and at-risk species. [read post]
10 Mar 2021, 11:20 am
Tax Fraud Case Ever Filed: Prosecutors accused Robert Brockman, a litigious, sometimes penny-pinching software entrepreneur, of hiding $2 billion from the Internal Revenue Service. ... [read post]
10 Mar 2021, 10:08 am
This includes tech start-ups that aim to disrupt entire industries by developing new products, services, and production processes. [read post]
9 Mar 2021, 9:25 am
Increased interest in paid subscriptions boosted overall streaming sales and for the first time, access service revenue accounted for more than half of the music total. [read post]
