Wired, Filing Taxes Should Be as Easy as Ordering Pizza, Obama Says:
US Americans apparently share a fundamental civic commitment to taxpaying. That’s not what you might think from the anti-tax rhetoric that has been a strong feature of Republican politics. Presidential candidate Donald Trump may have avoided paying any federal income taxes for nearly two decades and famously claimed that that makes him ‘smart’.
As Donald Trump made clear, smart businesses know only idiots pay tax
Robert Wood, Actor John Malkovich Wins Libel Suit Over False Tax Story, As FATCA Dislosures Continue. “Actor John Malkovich has won a lawsuit against the French daily paper Le Monde over the paper’s false reports claiming that he had a secret Swiss bank account.”
The bitter dispute between the Parramatta Eels rugby league club and its former major sponsor Dyldam will be played out in court after the club launched legal action in the District Court over Dyldam's alleged failure to meet its financial commitments.
The controversial developer, recently announced as a major sponsor of the Central Coast Mariners, is being pursued by the Australian Taxation Office after investigations by insolvency expert Stephen Hathway found what he told Fairfax Media was an attempt to mislead the ATO by deliberating misstating the true nature of financial dealings within the Dyldam empire. There is a pattern to their bad luck. Upon completion of a development, having paid Dyldam handsomely for construction services, several apartments are transferred to their family and friends and shortly after the company goes down the gurgler owing the Tax Office money... Parramatta Eels, Tax Office and widow chase property developer Dyldam
Facebook challenges IRS over information demand Financial Times
High ranking state politicians, including Premier Mike Baird’s parliamentary secretary and the president of the Upper House, are claiming a $292-a-night allowance for staying in their own investment properties for free.
MPs city perks a flatout disgrace ...
Bloomberg, Facebook Continues Fight Over U.S. Taxes After Ireland Move:
Heather M. Field (UC-Hastings), Aggressive Tax Planning & the Ethical Tax Lawyer, 36 Va. Tax L. Rev. ___ (2017):
“We have a particular challenge in American society in making sure that broad [parts] of the population are engaged in politics, democratic governance, and in news generally. I think we have a problem with a lot of people either not tuning in or being apathetic. But I think that’s a challenge for all of American society: not just news, not just journalists, but everybody.” — Angie Holan, PolitiFact editor
The problem with numbers is that people can abuse them in so many ways. Cherry-pick them, overestimate them, ignore them, fuzzy-math them. That’s why it’s a good idea to check the numbers in the polls mentioned by candidates and their campaigns. The Upshot shows you how.
The Wells Fargo fake account scandal, first uncovered by the Los Angeles Times in 2013, is growing. Perhaps that is not surprising, given how egregious the scheme was and the tepid response from the bank. In creating a boiler-room sales environment, the bank failed its investors and front-line employees, but it also failed its customers and communities….
Following up on my previous post, Starstruck States Squander $10 Billion In Film Tax Incentives Producing Minimal Economic Returns: California Legislative Analyst's Office, California's First Film Tax Credit Program:
David Cay Johnston, Who Else Doesn't Pay Taxes?:
The plan is to keep hiking the tax well above inflation every year for 20 years while, over the same period, eliminate altogether stamp duties. Barr, who credits himself as a national leader in terms of tax reform, argues the line pushed by myriad economists who have long backed this reform as a much more reliable and equitable means of raising revenue than stamp duty.
The ACT has few revenue sources other than its people. Even its biggest tenant, the federal government, tends to put its many buildings on Commonwealth land, denying the local regime badly needed revenue in terms of rent or rates. ACT voters give their verdict on a great tax experiment ...
Following up on my previous post, Sen. Hatch Demands Release Of Secret Reagan-Era DOJ Tax Memo Supporting Obama's Expansive Use Of Presidential Power: Press Release, Hatch Demands Treasury Clarify Use of Secret Memo Regarding Section 385 Debt-Equity Regulations: