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14 Apr 2021, 5:01 am
In that post I pointed out that every dollar spent by the IRS generates $10 of revenue that otherwise would go uncollected, though some studies put the return at $8 or $9 and a few set it even higher. [read post]
13 Apr 2021, 9:06 pm
Extracting oil from ANWR would create thousands of jobs, generate billions of dollars of federal and state revenue, and contribute to the nation’s independent energy supply. [read post]
13 Apr 2021, 11:04 am
Public and private R&D are important to generating future innovation. [read post]
12 Apr 2021, 11:35 am
As a general principle of federal tax law, a taxpayer has the obligation to show its entitlement to a deduction. [read post]
12 Apr 2021, 11:35 am
As a general principle of federal tax law, a taxpayer has the obligation to show its entitlement to a deduction. [read post]
12 Apr 2021, 11:35 am
As a general principle of federal tax law, a taxpayer has the obligation to show its entitlement to a deduction. [read post]
12 Apr 2021, 9:16 am
While a revenue ruling generally states an I.R.S. position, a revenue procedure provides return filing or other instructions concerning an I.R.S. positionPrivate Letter RulingA written statement issued to a taxpayer that interprets and applies tax laws to the taxpayer’s specific set of facts. [read post]
12 Apr 2021, 1:00 am
The following Supreme Court judgments remain outstanding: The Law Debenture Trust Corporation plc v Ukraine (Represented by the Minister of Finance of Ukraine acting upon the instructions of the Cabinet of Ministers of Ukraine) Nos. 2 and 3, heard 9-12 December 2019 Takhar v Gracefield Developments Ltd & Ors, heard 23 July 2020 Allykhan v Abdool (Mauritius), heard 23 July 2020 Evergreen Marine (UK) Ltd v Nautical Challenge Ltd, heard 5-6 October 2020 Manchester Building Society… [read post]
11 Apr 2021, 3:02 pm
Revenue is income generated from eDiscovery-related business activities Higher – 52.0% (51.7% in Winter 2021) Same – 40.0% (35.0% in Winter 2021) Lower – 8.0% (13.3% in Winter 2021) 4 – Revenue Overview + Six Months – Spring 2021 5. [read post]
10 Apr 2021, 1:01 am
It was expected to stimulate the market and generate government revenue through sales tax. [read post]
9 Apr 2021, 12:59 pm
It notes that this difference does not explain away the fact that US corporate tax revenues, as a percentage of GDP, are exceptionally low by OECD standards. [read post]
9 Apr 2021, 9:33 am
” Just over a year later, in December 2020, Michael Granston, Deputy Assistant Attorney General of DOJ’s Civil Division, echoed Mr. [read post]
9 Apr 2021, 4:00 am
Senate Minority Leader Mitch McConnell accused corporations of siding with Democrats’ portrayal of the law as the new Jim Crow. [read post]
8 Apr 2021, 1:55 pm
Limiting capital allowances was intended to offset some of the tax revenue losses resulting from the cut in the corporate tax rate. [read post]
8 Apr 2021, 3:00 am
One potential problem is the overemphasis of quarterly earnings to evaluate management teams’ performance, which can create unnecessary noise in corporate boardrooms. [read post]
8 Apr 2021, 2:42 am
So most or all of their attorneys are generally working from their homes. [read post]
6 Apr 2021, 8:04 am
” In addition to borrowing billions, the Governor pressured the Democrats who control the Legislature to approve an income tax increase and extend an expiring corporate business tax surcharge last fall to generate even more revenue. [read post]
6 Apr 2021, 6:53 am
The additional $4.3 billion a year generated by these taxes would be for new programs, not to cover any revenue shortfall. [read post]
6 Apr 2021, 6:31 am
According to the SEC, the disclosures were material and not shared with the general public. [read post]
6 Apr 2021, 3:00 am
March-April Issue of “The Corporate Counsel” – New Podcast Coming Soon! [read post]
