taxes

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Original Technorati articles tagged “taxes”

• in Politics
  Tax The Rich Till There Are Rich No More
  Will tax hikes work? Class warfare?
  by leovou / on Dec 15, 2012
• in Business
  General Motors Stockholders Vote To Change CEO Nov. 6, 2012
  General Motors reported a drop in profit of 12% and in most business environments this would be cause for great concern
  by theedje / on Oct 31, 2012
• in Business
  Future of Tobacco Industry Depends on Innovation, Not Cigarettes
  Changes in tobacco market improve health and reduce costs with style and substance
  by jimwriter1 / on Oct 25, 2012

Latest blogosphere posts tagged “taxes”

 

• NorCal Tea Party leads federal suit against IRS

  
  — Authority:
  The NorCal Tea Party is the lead plaintiff in a class-action federal lawsuit filed today in Cincinnati against the Internal Revenue Service, seeking damages for what they call “illegal and harassing behavior in the handling and processing of their applications for nonprofit status.” The NorCal Tea Party, based in ...
  4 days ago

• Apple releases Senate testimony as panel announces it avoided billions in taxes

  
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  A Congressional panel has found that Apple avoided billions in taxes, the New York Times reports , thanks to an intricate network of subsidiaries throughout the globe. The structure of some of these sub-companies in certain countries made them exempt from paying or filing taxes or record-keeping laws. The Senate ...
  4 days ago

• Report: 3 former Saab execs charged with tax evasion

  
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  Filed under: Europe , Government/Legal , Saab The Associated Press reports three former Saab executives have been arrested on charges of accounting fraud. Swedish prosecutor Olof Sahlgren has refused to identify the individuals, but says theyre suspected of attempting to evade taxes by falsifying Saab ...
  4 days ago

• How to make $30 billion and pay no corporate income tax, the Apple way

  
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  Apple went to Ireland, and it found a pot of gold. Or more precisely, it managed to bring in $30 billion in overseas profits over a four-year period without paying a dime of corporate income tax to the Irish, American or any other national government. That is one key conclusion in a new report from the Senate ...
  4 days ago

• U.S. Senators respond to Apple’s tax avoidance strategy ahead of tomorrow’s hearing

  
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  Tomorrow will be a pretty big day for Apple CEO Tim Cook, finance boss Peter Oppenheimer and Tax Operations head Phillip Bullock as the three men are scheduled to appear in front of the United States Senate Permanent Subcommittee on Investigation and give testimony regarding the company’s creative approach to tax ...
  4 days ago

• M3 To Get A Single Vote (Updating Previous Post)

  
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  In an election eve development Monday afternoon, Ada County Clerk Chris Rich as decided to “spoil” all 50 of the ballots sent to M3 headquarters in Arizona. However, M3 has come up with a local “authorized rep” in Ada County who will be allowed to cast a single ballot, bringing the number of voters to 6 ...
  4 days ago

• Apple pays no tax on much of its overseas income, Senate panel finds

  
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  Apple’s Tim Cook will make his debut testifying before Congress on Tuesday, when the chief executive will press lawmakers to simplify corporate taxes as well as defend the company’s tax practices. Cook will appear before the Senate Homeland Security subcommittee on investigations, which is looking into what it ...
  4 days ago

• Apple Pays No Tax on Much of Its Overseas Income, Senate Panel Finds

  
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  Apple Inc. has set up corporate structures that have allowed it to pay little or no corporate tax—in any country—on much of its overseas income, according to the findings of a U.S. Senate examination released Monday evening. The unusual result is possible because the iPhone maker’s key foreign subsidiaries ...
  4 days ago

• How Apple avoids US taxes with shell games

  
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  Tomorrows Congressional hearing on the ability of major multinationals to shift profits offshore to avoid US tax (and everywhere-else tax) may finally get the attention of the American public onto a tax issue worth thinking about. As todays New York Times makes clear, Apple has used sophisticated tax planning to ...
  4 days ago

• Beyonce’s Father Owes $1.2 Million in IRS Back Taxes

  
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  It’s pretty clear Beyonce’s former manager and father, Mathew Knowles knows a thing or two about managing a superstar. However, it appears he’s less knowledgeable about what it means to owe back taxes to Uncle Sam. According to a Source article titled: “ Mo’ Money, Mo’ Problems! Mathew Knowles Owes 1.2 Mil ...
  4 days ago

• Apple uses affiliates outside the U.S. to avoid taxes

  
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  The strategies Apple uses are legal, and many other multinational corporations use similar tax techniques to avoid paying U.S. income taxes on profits they reap overseas.
  4 days ago

• Why is My Ex-Husband Not Responsible for This 1099-C From the Repossession?

  
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  “Dear Steve, Divorced single mom of three. The IRS held my last years refund of $9000.00. I finally asked them why and they said I failed to file a 1099-C from a 2006 repossesion and the vehicle was awarded to my ex in the divorce. The amount on the 1099-c is 10,300.00. I can’t afford [...]Read the full article at ...
  4 days ago

• Web of Tax Shelters Saved Apple Billions, Inquiry Finds

  
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  Though Apple is the United States’ most profitable technology company, it avoided taxes by making some of its overseas units “stateless,” and exempt from taxes everywhere.        
  4 days ago

• Piers Morgan: This IRS Thing is ‘Vaguely Tyrannical Behavior by the Government’

  
  Stop The ACLU — Authority: 569
  -By Warner Todd Huston CNN’s chief anti-gun zealot Piers Morgan may have been loathe to admit it, but this IRS scandal seems to validate some of his detractor’s distrust of government. During his evening show on May 16, Morgan’s guest was magician Penn Jillette and the discussion turned to the admission by ...
  4 days ago

• Some States Already Counting on Internet Sales Tax

  
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  Congress hasn’t yet agreed to end tax-free shopping on the Internet, but some states already are planning how they’ll spend the money. While it isn’t a surprise that cash-strapped states want billions in new revenue, the eagerness of some to spend it before Congress has even acted is unusual. Read the ...
  4 days ago

• IRS Hearing Marks End Of Their Worst.Week.Ever But Congress Signals More Hearings Are On The Way

  
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  On Friday, the IRS wrapped up what might have been its worst.week.ever with a hearing in front of the House Ways and Means Committee . The hearing focused on allegations that the IRS improperly targeted certain applications for tax-exempt status based on keywords and politically charged language . When the ...
  4 days ago

• Information Missing from Studies on the “Benefits” of State Medicaid Expansion

  
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  Newscom Advocates of the Obamacare Medicaid expansion have produced a number of studies in various states that project significant economic benefits if states adopt the expansion. However, most of those studies omit one or more key factors that, when included, make expansion scenarios look considerably less rosy. ...
  4 days ago

• Carney: Senior White House Staff Knew of IRS Probe

  
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  (WASHINGTON) — The White House says White House Counsel Kathryn Ruemmler was first informed about an audit of the IRS’ inappropriate targeting of conservative groups on April 24 and that she notified senior staff, including Denis McDonough, the chief of staff to President Barack Obama. White House press ...
  4 days ago

• Highway Trust Fund Already Feeling Effects of Declines in Driving

  
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  The decline in driving by Americans may already be hastening the demise of the Highway Trust Fund.
  4 days ago

• Declines in Driving Complicate Vehicle Tax Changes

  
  — Authority:
  A new study suggests the driving habits of Americans may be changing faster than lawmakers can figure out how to tax them.
  4 days ago

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