Monsieur Obama's Tax Rates
July 1, 2008
WSJ.com: Markets
His French-style policies could turn Americans into the world's foremost fiscal prisoners.
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U.S. Seeks Names of UBS Clients
June 30, 2008
NYT > World Business
U.S. authorities asked a federal court to force the Swiss bank to turn over the names of wealthy American clients suspected of evading taxes through secret offshore accounts.
Another Setback for UBS in Tax Inquiry
July 1, 2008
NYT > Business
A federal judge on Tuesday cleared the way for prosecutors to force the Swiss bank UBS to turn over the names of clients as part of an investigation of its offshore private banking practices.
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IRS officials urge eligible citizens to file
July 4, 2008
KTUU - KTUU.com Alaska's news and information source
So far about 37 percent, or 10,000, retirees and disabled veterans in Alaska have not filed for their federal rebate. The rebate would allow a payout of $600 for individuals and $1,200 for married couples.
Modernized e-File System improvements will provide intended benefits to the IRS and taxpayers
July 4, 2008
Docuticker / Shirl Kennedy
Modernized e-File System improvements will provide intended benefits to the IRS and taxpayers (PDF; 880 KB) Source: U.S. Treasury Inspector General for Tax Administration The Modernized e-File system has been successful in processing electronically filed tax returns for corporations, partnerships, and exempt organizations.
IRS to seek accountants' help on evasion
July 4, 2008
FT.com - Financial Services
The US tax service is to solicit the help of top accounting firms in finding foreign banks that fail to identify US clients with investments or income in offshore accounts
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IRS Seeking Applications for New VITA Grant
July 2, 2008
INTERNAL REVENUE SERVICE on dnzh.com
IRS Seeking Applications for New VITA Grant
Oil Tax Cuts Passed In Key 2nd Reading
July 2, 2008
The Moscow Times
The State Duma approved tax cuts for oil producers to encourage exploration and development in a crucial second reading Wednesday.
IRS Defuses Faculty Tax Time Bomb
July 2, 2008
TaxProf Blog / Paul Caron
Last month I blogged the Tax Time Bomb for Faculty Paid Over 12 Months, which explains how § 409A might adversely affect faculty on 10-month contracts who elect to be paid over a 12-month period. The IRS has issued Notice.
Rendell to sign tax collection bill today
July 2, 2008
Philly.com News
Gov. Rendell today is expected to sign a bill streamlining the state's local tax collection system.
World Briefing | Europe: Russia: New Charges Against Jailed Tycoon
July 2, 2008
NYT > Europe
Prosecutors have announced new charges against Mikhail B. Khodorkovsky, former chairman of Yukos Oil, which was once Russia’s largest private company.
Bring Back the Car Tax and/or Raise the Income Tax!
July 1, 2008
Blacknell.net / MB
Hey, don’t look at me - Vivian’s the one who proposed it.
Judge Clears U.S. Request for UBS Clients’ Names
July 1, 2008
NYT > World Business
A federal judge on Tuesday cleared the way for prosecutors to force the Swiss bank UBS to turn over the names of clients as part of an investigation of its offshore private banking practices.
Responding to Americans For Tax Reform
July 1, 2008
SorenDayton.com / Jon Henke
This weekend, I posted about the absurdity of naming Rep. Don Young a "Taxpayer Hero". To their credit, Americans For Tax Reform showed up in the comment section to argue their case. I disagree with them, but it's admirable that they are willing to engage in the discussion publicly.
IRS GOES AFTER UBS DOCUMENTS
July 1, 2008
Roth & Company, P.C. / Joe Kristan
In the wake of the guilty plea by UBS Banker Bradley Birkenfeld, the IRS has issued a summons for UBS...
Georgia Man Pleads Guilty to Vendor Kickback Scheme, Tax Evasion
June 30, 2008
FBI in the News
Anthony M. Tesvich, of Atlanta, Georgia, pled guilty to one count of conspiracy to commit wire fraud and three counts of tax evasion, arising out of a scheme to defraud Home Depot, his former employer.
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IRS spells trouble - Financial Times
July 4, 2008
Rich Clients / Rich Client
IRS spells troubleFinancial Times, UK - 2 hours ago... tales in the Wall Street Journal of one Swiss private banker allegedly smuggling diamonds into the US in a toothpaste tube on behalf of a rich client.
Internal Revenue Service asks accountancy firms to help stop tax evasion
July 3, 2008
The United States Internal Revenue Service is calling on the world's biggest accounting firms to strengthen its campaign against tax dodgers, two days after securing the backing of a federal court to track down UBS customers suspected of evading US taxes using Swiss accounts.
Bloomberg: IRS Taps Audit Firms to Probe Foreign Bank Role in Tax Cases (315160)
July 3, 2008
Law Roundtable / TaxProf Blog
Chinese Electronics Retailers Under SAT Investigation
July 3, 2008
ChinaRetailNews.com / China Retail News
China's State Administration of Taxation is investigating the stub invoices of value-added tax paid by the three major home appliance retailers Gome, Suning and Dazhong, which are suspected of reporting decreased revenue to evade taxes.
IRS shortens filing extension for some business owners
July 3, 2008
Los Angeles Business News - Local Los Angeles News | Los Angeles Business from bizjournals
Some business owners will have one less month to file their federal tax returns under a new rule implemented by the Internal Revenue Service.
ND governor wants to dump income tax credit plan
July 3, 2008
Boston.com -- Education news / Dale Wetzel, Associated Press Writer
Gov. John Hoeven wants to dump a state income tax credit for North Dakota property tax payers in favor of his $300 million plan to finance property tax cuts and increase aid to schools, Lt. Gov. Jack Dalrymple sid.
ND governor wants to dump income tax credit plan (AP)
July 3, 2008
Yahoo! Finance: Economic News
Gov. John Hoeven wants to dump a state income tax credit for North Dakota property tax payers in favor of his $300 million plan to finance property tax cuts and increase aid to schools, Lt.
Nats attack new fuel tax law
July 3, 2008
New Zealand Herald - Editor's desk / newsfeeds@nzherald.co.nz
National attacked the Government yesterday over increased road-user charges and a law passed last night allowing regional fuel taxes to fund large capital projects - but won't say it would undo them. "How on earth can you justify.
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