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3 May 2019, 7:00 am
Commissioner, 115 T.C. 43, 98-99 (2000), aff’d, 299 F.3d 221 (3d Cir. 2002) – Treas. [read post]
2 May 2019, 4:00 am
Stay Updated on Tax Issues Around the World Select CountryUnited StatesAaland IslandsAfghanistanAlbaniaAlgeriaAmerican SamoaAndorraAngolaAnguillaAntarcticaAntigua And BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBoliviaBonaire, Saint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman… [read post]
1 May 2019, 10:42 am
Indeed, at a first approximation they'd resemble those currently earned by Starbucks' UK employees (adjusting for the allowance of normal returns to any capital that they supplied or entrepreneurial risk that they bore). [read post]
1 May 2019, 4:39 am
As part of her plea agreement, Cooper also admitted that she filed false individual income tax returns for the years 2008 – 2010 on which she understated GAG’s gross receipts and overstated its expenses. [read post]
30 Apr 2019, 11:18 am
Senators Joni Ernst-R and Diane Feinstein-D are currently working on a bi-partisan Senate resolution to bring an end to legalized human trafficking. [read post]
29 Apr 2019, 9:08 pm
It instead identifies and takes as its raison d’etre a pre-existing space in which faculty are crossing disciplinary lines to collaborate and produce cutting-edge scholarship. [read post]
25 Apr 2019, 7:45 pm
In Illinois, child support looks at gross income and the statute specifically states that “’gross income’ means the total of all income from all sources. [read post]
23 Apr 2019, 8:29 am
Governor Richard Ravitch (D) found that “capital gains are the most erratic [tax base component] as they depend not only on stock market performance but also on taxpayers’ choices about whether and when to sell assets,” noting that during the Great Recession, overall adjusted gross income in New York (including income from capital assets) fell 18 percent, but capital gains subject to income fell a full 75 percent. [read post]
23 Apr 2019, 8:02 am
Governor Ned Lamont (D) is sounding a skeptical note, but in Connecticut’s legislature, a capital gains surtax proposal may be gaining steam. [read post]
22 Apr 2019, 5:01 am
Never thought it would be an issue because I didn't expect to release my taxes 'cause I never thought that I'd be running for president. [read post]
19 Apr 2019, 2:09 pm
The bill proposes to amend the Internal Revenue Code to state that exchange of virtual currency (as defined) shall be treated as if such exchange were an exchange of real property; that Gross income shall not include gain (up to $600) from the sale or exchange of virtual currency for other than cash or cash equivalents. [read post]
18 Apr 2019, 6:38 am
The bill applies to all semi-trucks, trailers and single until vehicles with a gross vehicle weight in excess of 10,000 pounds. [read post]
18 Apr 2019, 2:00 am
Key Findings Senator Elizabeth Warren (D-MA) released a proposal for a surtax on corporate profits called the “Real Corporate Profits Tax. [read post]
17 Apr 2019, 8:51 am
California Code Section 5233 (a) Except as provided in subdivision (b), for the purpose of this section, a self-dealing transaction means a transaction to which the corporation is a party and in which one or more of its directors has a material financial interest and which does not meet the requirements of paragraph (1), (2), or (3) of subdivision (d). [read post]
16 Apr 2019, 6:50 pm
” 750 ILCS 46/205(d). [read post]
16 Apr 2019, 2:00 am
Source: metamorworks / Shutterstock Healthcare spending in the United States accounts for trillions of dollars per year and nearly 20% of our gross domestic product. [read post]
12 Apr 2019, 2:50 pm
But we’d still look at the D’s consumers: if Morton’s Salt sued Morton’s Sugar, we’d still look at sugar consumers—if they overlap that’s fine, but we shouldn’t assume that. [read post]
11 Apr 2019, 5:20 am
” The court’s excellent analogy is worth quoting at length: [D]irect narration is not the only way to eliminate ambiguity; context works just as well. [read post]
10 Apr 2019, 9:00 pm
A negligent homicide case hinges on the legal definition of criminal negligence.Arizona law, §13-105(D), defines criminal negligence as committing an offense by failing to perceive a substantial and unjustifiable risk and the result of that risk also, that the risk must be a gross deviation from the standard of care toward someone else that a “reasonable” person would observe in the specific situation. [read post]
10 Apr 2019, 8:42 pm
Jack Reed (D-R.I.). [read post]
