Why Slavoj Zizek thinks political correctness is dumb Big Think. “Dumb” is charitable.
Federal fraud indictment: KU professor secretly worked for Chinese university
Demonstrators offer sparkling visions of unity as an estimated 210,000 people form 60km of human chains to encircle city in ‘Hong Kong Way’ South China Morning Post
I dumped Donald Trump to save the liberal world order Anthony Scaramucci, FT. This guy’s bread falls butter side up. And he knows it.
How Uber Got Lost NYT. Deck: “The once-swaggering company is losing more money and growing more slowly than ever. What happened?” See Hubert Horan at NC here (2016), here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, here, and here(2019). Series title: “Can Uber Ever Deliver?” Another victory for Betteridge’s Law.
Department stores make room for used fashion Associated Press. The economy is fine.
Rebecca M. Kysar (Fordham), Critiquing (and Repairing) the New International Tax Regime, 128 Yale L.J. F. 339 (Oct. 25 2018)
Heather M. Field (UC-Hastings), An Introduction to Tax Careers for J.D.s, ABA Tax Times, Vol. 38, No. 3, p. 30 (Spring 2019):
To
many people, the tax field seems like a very narrow niche. The tax
profession does require specialized expertise, but tax professionals
know that there is actually great diversity in the career paths
available to law school graduates. Yet for law students and junior
lawyers interested in the tax field, it can be difficult to appreciate
the range of possible tax careers and to distinguish between what
different tax practitioners do. Thus, to help aspiring tax professionals
easily understand the range of tax careers they might pursue, this
article offers a 3-pronged framework for describing tax careers
available to J.D.s.
Inside Higher Ed, Abstract 'Spin': Nearly Half Of All Scholars Exaggerate Their Papers' Findings:
We’ve
all been told not to judge a book by its cover. But we shouldn’t be
judging academic studies by their abstracts, either, according to a new
paper in BMJ Evidence-Based Medicine [Evaluation of Spin in Abstracts of Papers in Psychiatry and Psychology Journals].
The study — which found exaggerated claims in more than half of paper
abstracts analyzed — pertains to psychology and psychiatry research. It
notes that “spin” is troublesome in those fields because it can impact
clinical care decisions. But the authors say that this kind of
exaggeration happens in other fields, too.
The insidious threat of biometricsFinancial Times (
Wall Street Journal Tax Report, The IRS Is Coming For Your Bitcoin:
The
Internal Revenue Service is on the war path against Americans who
haven’t reported income from cryptocurrencies like bitcoin.
In late July, the IRS said it had started to send warning letters
to more than 10,000 people who may not have complied with tax rules on
virtual currencies. Agency officials have said criminal tax indictments
involving cryptocurrencies are expected soon, and other enforcement
letters are going out.
Tax
specialists are urging crypto users who aren’t in compliance to act
quickly. While coming clean involves a maze of tricky decisions,
ignoring the agency could cost a crypto holder dearly. ...
MYOB launches 'industry-first' corporate compliance integration
NBC News, IRS Staffer Pleads Guilty to Giving Michael Cohen Data to Stormy Daniels' Lawyer:
An
IRS staffer who leaked confidential details about former Trump lawyer
Michael Cohen's finances to Michael Avenatti, ex-lawyer for adult film
star Stormy Daniels, pleaded guilty Wednesday to illegally accessing and
distributing that information.
John
C. Fry was an investigative analyst with the IRS Criminal Investigation
Division, the law enforcement arm of the agency, in May 2018 when he
twice logged on to the Financial Crimes Enforcement Network (FinCEN)
database and downloaded five Suspicious Activity Reports (SARs) —
reports filed by banks when they note potentially suspicious
transactions — related to Cohen and his company Essential Consultants.
In
court Wednesday, Fry admitted giving Avenatti the information via
cellphone and emailing him screenshots of the SARs. He pleaded guilty to
one county of unauthorized disclosure of SARs. ...
Justice DOJ March 2019 PresserJustice DOJ ...
- Tax on top earners could boost UK budget by billions - Oxfam (22 Aug 2019)
- Macron's quest for an international tax on digital services (22 Aug 2019)
- Macron says tech giants enjoy 'permanent tax haven status' (22 Aug 2019)
- Google, Amazon, Facebook slam French digital tax as 'discriminatory' (22 Aug 2019)
- DNB
failed to comply with anti-money laundering rules
(22 Aug 2019)
- France, Panama to launch bilateral body to fight tax evasion (21 Aug 2019)
- European Art Dealers Rattled by New Rules to Fight Tax Evasion (21 Aug 2019)
- Belgian companies increasingly paying into 'tax haven accounts' (21 Aug 2019)
- Changing the narrative: why paying tax should be a badge of pride for companies (21 Aug 2019)
- OECD
Report: Making Dispute Resolution More Effective – MAP Peer Review
Report, United States (Stage 2) (21 Aug 2019)
- Baby
boomers get less for their taxes than previous generations
(21 Aug 2019)
- Scottish
taxpayers footing £2.6m Airbnb tax bill in Edinburgh
(19 Aug 2019)
- HMRC: Tax collected from investigations up 27% (19 Aug 2019)
- US tech companies call on France to abandon digital tax plans (19 Aug 2019)
- Sajid Javid will 'simplify' the tax system in first UK Budget (19 Aug 2019)
- Troubled Maltese Gambling Co Faces $137M in New Tax Claim (19 Aug 2019)
- CEOs Say They Will Stop Maximizing Shareholder Value (19 Aug 2019)
- Brussels
plans to revive money laundering blacklist (19 Aug
2019)
- Is US capitalism really abandoning the 'greed is good' mantra? (19 Aug 2019)
This case bears some close factual and historical similarities to Blank’s case (Blank v Commissioner of Taxation (No 2) [2014] FCA 517; 98 ATR 379; Blank v Commissioner of Taxation [2015] FCAFC 154; 242 FCR 96; and Blank v Commissioner of Taxation [2016] HCA 42; 258 CLR 439 where the High Court did not consider the present point), which explains the close attention paid to that case by the Tribunal and in this Court
Lochtenberg v Commissioner of Taxation [2019] FCA 1167 - Judg
Billionaires among the coal barons - Sydney Morning Herald
ATO TO PUBLISH CORPORATE TAX TRANSPARENCY REPORT LATER THIS YEAR
The ATO has advised [CORPORATE TAX TRANSPARENCY REPORT ] that it will be extracting data in September 2019 for the annual corporate tax transparency report which includes certain tax information of Australian and foreign corporate tax entities. An entity will be included in the report if it is:
1. an Australian public or foreign owned entity with a total income of A$100 million or more;
2. an Australian resident private company with a total income of A$200 million or more;
3. an entity reporting Petroleum Resource Rent Tax payable .
The published details will be taken directly from tax returns lodged for the 2017-18 financial year and, in accordance with the law, will not include any Commissioner initiated amendments.
Jane Howard, via The
Conversation
Anyone can nominate
an Australian book written in the last five years to their MP or senator, and
one book will be picked for all participating representatives to read.That lightbulb moment when a boss gets it, and displays how little he does
The CEOs of the world’s largest companies would like to think they are the masters of the universe: the seers of the modern world. Then
Read the full article…
Commissioner's speech on importance of transfer pricing
In a recent speech, Second Commissioner Jeremy Hirschhorn spoke on the ATO's views on transfer pricing: why it's important to the Australian tax system, its strategy of transparency in relation to transfer pricing risk, and what good transfer pricing advice looks like in 2019.
Transfer pricing continues to be a key focus of the ATO given it is critical to the tax system, with Australia's 1,500 large corporate groups contributing around 60% of all corporate income tax reported and more than 10% of total tax collections each year. Particularly, its focus is on related party loans, offshore marketing hubs and more recently, inbound supply chains.
Mr Hirschhorn generally spoke about:
- · the importance of transfer pricing in the Australian tax system
- · focusing on the whole-of-taxpayer profiling and risk assessment under the "justified trust" approach
- · measures adopted by the ATO to help reduce transfer mis-pricing risk, through its practical compliance guidelines
- · transfer mis-pricing traps, and
- · importance of wise advice and being a good transfer pricing professional.
Billionaire industrialist David Koch has died