Changes to the tax laws often reflect the times. The flat tax of 1913 was later replaced with a graduated tax. After the United States enteredWorld War I, the War Revenue Act of 1917 imposed a maximum tax rate for individuals of 67 percent, compared with a rate of 13 percent in 1916....
After the United States entered World War I, the War Revenue Act of 1917 imposed a maximum tax rate for individuals of 67 percent, compared with a rate of 13 percent in 1916. In 1924 Secretary of the Treasury Andrew W. Mellon, speaking to Congress about the high level of taxation, ...
Legal update: tax shelters.(Small Business CENTRAL)(Brief Article)Roberts, Wayne D
For individuals who expect to be in a higher income tax bracket by the time they retire, theRoth IRAandRoth 401(k)provide a way to shelter income from higher taxes. With a Roth account, the contributed income is taxed before entering the account. Then there are no taxes in retirement whe...
anies within the EU Tax Havens and Tax Shelters: A Legal View on the Cross-Border Intermediate Holding Companies within the EUTax Havens and Tax Shelters: A Legal View on the Cross-Border Intermediate Holding Companies within the EURonfeldt, Thomas...
摘要: This paper, written for a European conference on tax and corporate governance, evaluates two aspects of the U.S. legal response to corporate tax shelters: the c关键词: corporate tax shelters taxpayer disclosure civil penalties tax compliance ...
Abusive Tax Shelters: An Ethical, Historical, and Legal Analysisdoi:10.6017/EURJ.V4I2.8887Evan SpeeceBoston College University Libraries
Trusts can also be used for tax planning. In some cases, the tax consequences of using trusts are lower than other alternatives. Because of this, trusts have become a staple in tax planning for individuals and corporations. Tax Saving Basis Assets in a revocable trust benefit from astep-up ...
tax complianceThis paper, written for a European conference on tax and corporate governance, evaluates two aspects of the U.S. legal response to corporate tax shelters: the cdoi:10.2139/ssrn.955354Daniel ShaviroNYU Law SchoolSocial Science Electronic Publishing...
corporate tax shelterstaxpayer disclosurecivil penaltiestax complianceProfessor Shaviro's excellent and thought-provoking paper points, in my view, to a clear conclusion for other countries contemplating introducing a scheme of tax shelter disclosures. The conclusion......