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TAX LAW NEWS - TAX LITIGATION
From the category archives:
California Attorney General Kamala Harris says online retailers, like Amazon.com, can start to gather signatures to challenge a new law that requires more of them to collect sales tax from California customers.
Harris on Monday issued a title and summary to Secretary of State Debra Bowen for a proposed statewide referendum on ABx1 28.
The bill clarified [...]
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A group for U.S. citizens overseas says a new American tax law aimed at uncovering hidden assets will only make it harder for U.S. companies to compete globally.
American Citizens Abroad, based in Geneva and Washington, said in a report Thursday the Foreign Account Tax Compliance Act will be virtually unworkable when it takes effect in [...]
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Escalating its fight to thwart a new levy on Internet purchases, Amazon.com says it will ask California voters to overturn a state law requiring all companies with operations or affiliates here to collect sales tax.
Amazon has refused to collect the 7.25% base sales tax since the law took effect July 1, saying it is unconstitutional. [...]
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China plans to cut taxes for people with lower incomes and raise them somewhat for the rich under new legislation expected to pass shortly, one effort to address a widening income gap thought to threaten the country’s social stability.
Proposed revisions to the tax code reviewed by the legislature on Wednesday would raise the lowest level [...]
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Have you ever wondered why players are so meticulously held accountable for slot machine jackpots with federal and state tax forms while big scores made by table games players go undocumented?
Hit a penny machine for a jackpot over $1,200 and the casino representatives are right there with an IRS Form 1099 for you to sign. [...]
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A new batch of tax cuts are on their way through the Arkansas legislature, and Governor Beebe is now relenting in his objection to some fo them.
The Senate Tax Committee swiftly approved three different measures Monday, including the only one that the Governor endorses: a half-cent cut to the grocery tax. Also approved were a [...]
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The tax law passed this month by the lame-duck Congress has already had one unfortunate result: Millions of taxpayers who usually file their returns quickly to get an early refund will have to wait instead.
The Internal Revenue Service is scrambling to reprogram its computers to handle the income-tax deductions extended by the last-minute legislation — [...]
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I used to joke about the government “solving” Social Security’s long-term problems by creating Treasury IOUs out of thin air and sticking them in the program’s trust fund. My point, of course, was to show that no matter how many Treasury securities there are in the trust fund – currently about $2.6 trillion – the [...]
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WASHINGTON (AP) — The year’s end is always a frantic time for tax preparers. This year, it’s more frenetic than usual.
The tax-cut bill emerging in Congress, coming so late in the year, has whipped up a mild panic for accountants, payroll staffs and anyone else who handles taxes.
Payroll processors say the delay in new tax-withholding [...]
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In August the Illinois Attorney General’s Office announced six indictments related to unpaid sales taxes. The individuals indicted were all gas station owners. This was the latest series of indictments to come out of an investigation that has been underway since 2008. Since then IDOR reports it has colleted nearly $13 million in unpaid taxes [...]
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