~Bathroom Quote (Dedicated to Jan Brunovsky and Sidka Kissova)
The young Irish songwriter with only a few demos to her name made quite the first impression at the SXSW music festival in Austin South X Lullaby: Holly Macve
Russ Fox, Online Gambling Addresses Updated for 2016. Russ performs a valuable service in gathering street addresses of offshore online gaming websites. Online gaming accounts at these sites are “foreign financial accounts” for FBAR purposes, and you need a street address to fill out Form 114. They can be hard to find. Hat’s off to Russ
Are KPMG really masters of the universe?
A small flat white is expected to fetch north of $1, a real estate agent was told at his local café this morning. The coffee – which eventually changed hands for $3.80 – went well above the quoted price, but was a reflection of market conditions, the café’s owner said
Irish Coffee with Dutch Sandwitch
Elaine Maag, Complicated Families: Complicated Tax Returns (TaxVox):
The law is built on the idea that a child lives in a traditional family – married parents with only biologically related siblings. The tax unit it is presumed to include the adults supporting the child.
But increasingly, children live in arrangements that belie that traditional family; children move between homes of divorced or never-married parents in formal and informal custody arrangements; children live with unmarried, cohabiting parents; children live in multigenerational households. In short, children are supported by adults in multiple tax units
Pella Green Girls ;-) St Patrick's Day in Numbers
News from the Profession. Apparently Accountants Are Terrible on the Phone (Caleb Newquist, Going Concern)
As part of its ongoing security review, the Internal Revenue Service temporarily suspended the Identity Protection PIN tool on IRS.gov. The IRS is conducting a further review of the application that allows taxpayers to retrieve their IP PINs online and is looking at further strengthening the security features on the tool.
You’re A Rich Tax Dodger? No Problem, Says Canada Revenue Authority
Draper, John William, Human Survival, Risk, and Law: Considering Risk Filters to Replace Cost-Benefit Analysis (January 30, 2016). Fordham Environmental Law Journal, Vol. 27, 2016 Forthcoming. Available for download at SSRN: http://ssrn.com/abstract=2745520 “Selfish utilitarianism, neo-classical economics, the directive of short-term income maximization, and the decision tool of cost-benefit analysis fail to protect our species from the significant risks of too much consumption, pollution, or population. For a longer-term survival, humanity needs to employ more than cost-justified precaution. This article argues that, at the global level, and by extension at all levels of government, we need to replace neo-classical economics with filters for safety and
feasibility to regulate against significant risk. For significant risks, especially those that are irreversible, we need decision tools that will protect humanity at all scales. This article describes both standards, their operations, and their interoperability. Further, it defends feasible risk reduction as an effective decision and regulatory tool.
Youth unemployment the Sydney hot spots
Up to 13 Million Americans Are at Risk of Being Washed Away Bloomberg
Industry body helping Cayman Islands Government dodge public beneficial ownership register
Tax haven Panama: giving the world the “middle finger”
Another Deloitte Schemes Bites the Dust - Read UK Supreme Court Judgement in UBS AG (Respondent) v Commissioners for Her Majesty’s Revenue and Customs
Two Cayman Island Financial Institutions Plead Guilty in Manhattan Federal Court to Conspiring to Hide More Than $130 Million in Cayman Bank Accounts
Credit Suisse probed in Italy in tax evasion case
The Basics of US Taxation of Offshore Trusts
The UK’s country-by-country reporting regulations look set to let most foreign companies off the hook
EU Commission welcomes agreement reached by Member States for the automatic exchange of information on country-by-country reports (CbCR) of multinational companies, subject to UK scrutiny
27 giant profitable companies paid no taxes