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TAX LAW NEWS - TAX LITIGATION
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Federal tax revenue plunged $138 billion, or 34%, in April vs. a year ago — the biggest April drop since 1981, a study released Tuesday by the American Institute for Economic Research says.
When the economy slumps, so does tax revenue, and this recession has been no different, says Kerry Lynch, senior fellow at the AIER [...]
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An investigation by The Daily Telegraph has discovered nine cabinet ministers and more than 30 junior ministers have claimed back the cost of personal tax advice on their expenses, whereas millions of voters forced to complete self-assessment forms are prevented from writing off the cost of employing an accountant.
Ministers have said their expenses claims for [...]
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