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Thursday, August 13, 2009

Arizona Will Not See Sales Tax Hike

by taxnick on August 13, 2009

The Arizona Senate defeated a tax bill Wednesday that would have put Gov. Jan Brewer’s proposed sales tax hike on the ballot for voters to decide.
The 14-11 vote was two votes short of what’s needed for passage, and an effort to resurrect the proposed sales tax failed on a 15-10 vote.
Source

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UBS Tax Lawsuit Settled by U.S.

by taxnick on August 13, 2009

The U.S. and Switzerland settled a Justice Department lawsuit against UBS AG seeking the names of Americans suspected of evading taxes through 52,000 secret Swiss accounts.
The governments have initialed agreements and will later sign a final accord, Justice Department lawyer Stuart Gibson told U.S. District Judge Alan Gold in Miami today. Gibson didn’t disclose details [...]

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