Plutus Payroll collapse leaves $100m black hole | afr.com
How the Plutus Payroll scheme worked | afr.com
Vodafone Australia - Top Tax Dodger
Vodafone, a company which is
rarely far from controversy for its tax affairs, has come under fire
from Australian journalist Michael West. West is currently putting together a
list of corporate tax dodgers. Vodafone is to appear at number 7. It is easy to
see why; over three years the company has made $11.8bn in revenues in
Australia, but has made no profits and paid no tax.
West points to a range of
related party transactions in the Vodafone Australia accounts, with the company
spending hundreds of millions of dollars with other Vodafone companies
overseas.
Vodafone: more side-deals than a
Saigon cock-fight Michael West
‘The michaelwest.com.au Big Tax List of Australia’s top tax avoiders is in production and will be announced soon. Vodafone Hutchison Australia ranks at number 7.’
‘The michaelwest.com.au Big Tax List of Australia’s top tax avoiders is in production and will be announced soon. Vodafone Hutchison Australia ranks at number 7.’
On this Martin Luther King Jr. Day, we thought it would be appropriate to look at some of the journalism from his era, and try to find a way to explore the emotions around his death from an assassin’s bullet on April 4, 1968.
Stories of collaboration: Scouring
the Paradise Papers, with the help of almost 400 new friends ICIJ
Seventy-seven nation industrial reserve army New Socialist. On the Paradise Papers.Americans Haven’t Been This Poor and Indebted in Decades New York MagazineMore Ohio Amazon workers relying on food aid Policy Matters OhioProblems with Bridge Card leave some Michigan residents in the cold Detroit Free PressThe secret lives of students who mine cryptocurrency in their dorm rooms Quartz. Them that’s got shall get….RIP Marc Raskin, Who Connected the Dots Between Inequality and War Foreign Policy in Focus
DFAT's $100k junket for European journalists
Amazon Is Thriving Thanks to Taxpayer Dollars New Republic
Uber developed secret system to lock down staff computers in a police raid Guardian
Wall Street Journal, Who’s the Center of Attention at Holiday Parties? Your Tax Accountant:
When Mark Astrinos is asked what he does, the response is typically muted. “I’ll just say, ‘I’m a CPA,’ and the conversation will end,” said the certified public accountant and financial planner with Libra Wealth in San Francisco.
Not lately, though. Thanks to the sweeping tax-overhaul bill passed by Congress and signed this month by President Donald Trump, people now “light up and they’re so intrigued and they want to know how they’ll be affected,” he said.
In part because of the attention, Mr. Astrinos said, “It’s never been a better time to be a CPA.”
Our credit system runs on the power of data. A simple IT upgrade at the IRS would put more of this power in your hands. ...
The IRS Data Verification Modernization Act of 2017, recently introduced in Congress by Rep. Patrick McHenry (R-NC) and Sen. Cory Booker (D-NJ), would set up an application programming interface (API) at the IRS.
Jordan M. Barry (San Diego), Taxation and Innovation: The Sharing Economy as a Case Study, in Cambridge Handbook on Law and Regulation of the Sharing Economy (Nestor Davidson, Michèle Finck & John Infranca, eds., Cambridge University Press 2018):
This chapter considers the relationship between the U.S. federal income tax system and innovation, using the sharing economy as a focal point for analysis. It makes two main points.
First, the tax system is currently a questionable tool for encouraging innovation. Regulators are understandably concerned that taxpayers will use tax incentive provisions in unanticipated ways, and thus are inclined to tightly limit such provisions’ scope. This reduces incentive provisions’ net benefit to taxpayers, and can even cause such provisions to miss their marks entirely. Moreover, small and new companies are key drivers of innovation, and evidence suggests that they are relatively unresponsive to tax incentives.
Second, innovation can help improve the tax system. To fix a problem, one must first identify it; innovation provides opportunities to see where tax law is achieving its goals and where it is falling short. The sharing economy experience suggests some strengths, such as the tax system’s definition of income, as well as weaknesses, such as the dividing line between independent contractors and employees.
HMRC 'struggling to deal with fallout of Paradise Papers leak' (12 Jan 2018) - Corporations could dodge billions in US taxes through new loophole (12 Jan 2018)
- UK employers aim to write off apprenticeship spending as tax (12 Jan 2018)
- LuxLeaks whistleblower Deltour acquitted by Luxembourg court (12 Jan 2018)
- Marathon Oil Receives Adverse Ruling On Some Brae Area Decommissioning Costs (12 Jan 2018)
- Marathon Oil set to launch tax appeal after taking £80m hit(12 Jan 2018)
- Another Ernst & Young scheme bites the dust – Read court judgment in Marathon Oil UK LLC v Revenue and Customs (INCOME TAX/CORPORATION TAX : Capital allowances) [2017] UKFTT 822 (TC) (13 November 2017) (12 Jan 2018)
- Wells Fargo plans to close 900 branches despite $3.4bn tax boost (12 Jan 2018) <>
- Asia will be right in the thick of an oncoming tax war with the US (12 Jan 2018)
- Lionel Messi Paid around 12 Million Euros in Back Taxes (12 Jan 2018)
- Warning over 'trust' schemes supposed to help families avoid paying for care(12 Jan 2018)
- To transform our society we need to radically reform the language of business (11 Jan 2018)
Luxleaks: Luxembourg court overturns verdict against whistleblower (11 Jan 2018) Luxleaks whistleblower Antoine Deltour has sentence quashed by Luxembourg court (11 Jan 2018) - Apple Could Get a Possible $4 Billion Boost From Tax-Law Quirk (11 Jan 2018)
- The tide continues to turn for offshore companies. (11 Jan 2018)
- Transfer Pricing: Crackdown forces Apple to pay extra £137m tax after HMRC probe (11 Jan 2018)
- Tories urge Theresa May to fund NHS by raising taxes (11 Jan 2018)
South Korea plans to ban cryptocurrency trading, rattles market (11 Jan 2018) - Walmart uses massive Trump tax gain to offer modest pay rise to workers
(11 Jan 2018) - Texas Mayor and Owners of Health Care Company Charged With Health Care Fraud, Money Laundering and Obstruction (11 Jan 2018)
- Using an offshore company to buy and sell UK residential property (11 Jan 2018)
- Offshore and Onshore: Investing in UK Property (11 Jan 2018)
- HMRC forces Apple to pay £137m extra tax (10 Jan 2018)
- EU to consider plastic tax to plug gap in post-Brexit budget (10 Jan 2018)
- Do the top 1% of UK earners pay 28% of the tax burden? (10 Jan 2018)
- Accountant allegedly launders £2m from Bermuda (10 Jan 2018)
- The Trusts Registration Service – where are we now? (10 Jan 2018)
- Bitcoin and cryptocurrencies 'will come to a bad end', says Warren Buffett (10 Jan 2018)
- Spread betting clients 'put at serious risk'. A crackdown is coming and it's probably needed(10 Jan 2018)
- Vietnam: Big companies fined for tax avoidance (10 Jan 2018)
- The rich benefit most, let them pay more tax (9 Jan 2018)
- For Many Of The Global Super-Rich The US Is The Number One Tax Haven(9 Jan 2018)
- Brexit: government urged to stop cost of VAT rule change hitting UK firms (9 Jan 2018)
- Revealed: Offshore firms buying up Exmouth (9 Jan 2018)
- CCCTB: Hungary and Ireland build front to say no to EU tax harmonisation plan (9 Jan 2018)
- The case for a special UK health service tax (9 Jan 2018)
- Appleby defeat will mark 'open season' on offshore tax planning (9 Jan 2018)
- US slams EU tax haven blacklist (9 Jan 2018)
- Senator Warren says US needs to 'rethink' money laundering laws (9 Jan 2018)
- Accountant allegedly launders £2m from Bermuda (9 Jan 2018)
- Accountant and wife to stand trial for alleged roles in laundering $2.5m (9 Jan 2018)
- SMEs paying higher rate of corporation tax than big businesses (9 Jan 2018)