Tags: asset seizure, auction, Bruce the Shark, Finding Nemo, IRS, IRS auction, rapper, seized property, tax, tax numbers, taxes, Tekashi 6ix9ine, unpaid taxes Feb. 3, 2025, is Tax Day for some extended 2023 tax returns Sunday, February 02, 2025 When severe weather leads to major disas...
I didn’t pretend to know whether Trump was doing the right thing or wrong thing with his tax returns, but I made the argument that a fair and neutral tax system should have carry-forward rules. Indeed, the business side of the flat tax expressly includes such provisions. For what it’...
Here’s an easy-to-understand example. Gambling is basically illegal (other thangovernment-run lottery scams, of course) in my home state of Virginia. So they can arrest me (or maybeeven shoot me) if I gamble in the Old Dominion. I think that’s bad policy, but it would be far wors...
Also, the “related party” rules can apply if the foreign division receives “substantial assistance” from the US parent. To avoid this part of the test, the foreign division should be operating independently such that the work, as well as the mind and management of the business, is perfor...
North American sales taxes. Traditionally VAT is also included in the advertised price – but the Lindens have chosen to treat the new VAT tax as a surcharge on their published prices. The Lab is now adding VAT to Premium account registration, land purchased at auction and all tier payments...
*You can choose to trade under your own name or you can select a business name to trade under. There are some rules as to what you can use for a business name though, as you can’t: Use any misleading terms such as Limited, Ltd, public limited company, plc or anything else that ...
The sections below discuss possible reporting regimes and changes to the current AEOI rules that would enhance tax transparency. This is a high-level discussion of the general features of such possible measures. Many of these measures were proposed by the Tax Justice Network (Knobel and Meinzer ...