Tuesday, September 18, 2018

Leak Driven Law




Here’s How Your Unique Behavioral Psychological Profile Is Being Used to Manipulate You Alternet. Another reason, if you must use Facebook, to muddy your profile.
via Start @ 60 - Sixty

Shu-Yi Oei (Tulane) & Diane M. Ring (Boston College), Leak Driven Law, 65 UCLA L. Rev. 532 (2018):
Over the past decade, a number of well-publicized data leaks have revealed the secret offshore holdings of high-net-worth individuals and multinational taxpayers, leading to a sea change in cross-border tax enforcement. Spurred by leaked data, tax authorities have prosecuted offshore tax cheats, attempted to recoup lost revenues, enacted new laws, and signed international agreements that promote “sunshine” and exchange of financial information between countries



Automatic tax refunds expected for nearly 750,000 wage and salary ...Legislation now before the NZ parliament will see changes that will simplify the end-of-year tax processes for individuals. If the law passes, from next year many salary and wage earners who are due refunds will receive them automatically, rather than having to apply for them as they will have done in the past. This includes an estimated 750,000 individuals who have been eligible for refunds but have not applied for them.

 


Why we need a clear vision for Australia as a smart nation
NEIL GLENTWORTH: Without a unifying vision, many smart projects are merely adding cost to their rate/tax payers with no fundamental gain.
 

Mapping Australian higher education 2018
"The graduate gender pay gap in Australia is narrowing, with more women in paid work than ever before." (Grattan Institute)


The 2018 Lowy Lecture
"We are focusing too much on the problems and forgetting about the opportunities of immigration." (Lowy Institute)


Govt departments are making secret APS review submissions
"Only three major departments have made public submissions to the review, but that doesn't mean they are the only ones having a say." (SMH)

Irish tax office testing out artificial intelligence for customer services

 Ireland’s Office of the Revenue Commissioners is working with Accenture to pilot the use of artificial intelligence (AI) and provide services to citizens via a virtual assistant. A global survey of taxpayers, carried out by Accenture, found that almost 70% would use AI to file their tax returns.
 



 

New NBER paper ~ Taxes and innovation: shout it from the rooftops by Ufuk Akcigit, John Grigsby, Tom Nicholas, and Stefanie Stantcheva

***Taxes and innovation: shout it from the rooftops

We find that taxes matter for innovation: higher personal and corporate income taxes negatively affect the quantity, quality, and location of inventive activity at the macro and micro levels. At the macro level, cross-state spillovers or business-stealing from one state to another are important, but do not account for all of the effect. Agglomeration effects from local innovation clusters tend to weaken responsiveness to taxation. Corporate inventors respond more strongly to taxes than their non-corporate counterparts.

Accounting Today's 100 Most Influential People in Tax and Accounting for the thirteenth consecutive year:
Even after his elevation to dean, Caron remains one of the most trusted voices on tax in the blogosphere, helping direct the conversation on multiple fronts.
Top 100 list with such high-powered people in the tax and accounting worlds, including:
  • Joe Baron (Managing Director, Thomson Reuters Tax & Accounting)
  • Wayne Berson (CEO, BDO)
  • Kevin Brady (Chair, U.S. House Ways & Means Committee)
  • Wesley Bricker (Chief Accountant, SEC)
  • Jay Clayton (Chair, SEC)
  • Lynne Doughtie (Chair & CEO, KPMG)
  • William Duhnke (Chair, PCAOB)
  • Kimberly Ellison-Taylor (Immediate Past Chair, AICPA)
  • Cathy Engelbert (CEO, Deloitte)
  • George Farrah (Executive Director, Bloomberg Tax)
  • J. Russell George (Treasury Inspector General for Tax Administration)

The Subtle and Not-So-Subtle Force of Ageism

“So often, I see signs that they’re looking for someone younger. Ads ask for ‘digital natives’ and people who ‘live, eat, and dream social media.’”