acquitted · maria · nobel · ressa · tax
https://papercliff.github.io/redirect/?q=acquitted+maria+nobel+ressa+tax&tbs=cdr:1,cd_min:9/11/2023,cd_max:9/13/2023
#news #tax #nobel

Does anyone have insight into how to set up a "feeder organization" - a business where all profits are donated to charity in the US? Or can recommend a good #tax person who might know?

#charity #advice #askfedi #lawfedi

@thanetric

The rich, and more importantly from the total tax take, the middle classes, will find ways to reduce their tax liability because governments create complex tax legislation with myriad schemes and loop holes specifically so that those voters will have ways to reduce their tax liability.

Yes, please, simplify everything. Remove the distinction between earned income, unearned income, and capital gains.

It would be a small start, but it's a start.

#uk #tax

@samloonie

#PierrePoilievre says he's going to "ax the #tax" on #gasoline, to lower the price at the pump. What he doesn't say is that his #oil-industry friends will raise the resulting price, pocketing even MORE #profit. Nice, huh?

#ConservativesAreTheProblem
#CONservatives #fuel
#CANpol #CANpoli

This week in Insights I talk about the success of the WA capital gains tax, and what it might suggest for other states facing budget crunches. Read: Don't hike sales tax, opt for cap gain.

"In 2021, WA passed a 7% capital gains tax on the sale or exchange of stocks, bonds, or other assets in amounts greater than $250k. The tax was expected to bring in as much as $250m in its first full year. Actual receipts totaled nearly $850m.”

#lawfedi @law #tax #policy #economics

https://news.bloombergtax.com/tax-insights-and-commentary/week-in-insights-capital-gains-taxes-deserve-more-consideration

#PierrePoilievre says he's going to "ax the #tax" on #gasoline, to lower the price at the pump. What he doesn't say is that his #oil-industry friends will raise the resulting price, pocketing even MORE #profit. Nice, huh?

#ConservativesAreTheProblem
#CONservatives #fuel
#PeePeeIsActuallyALittleShit
#CANpol #CANpoli

With Funds Opposed by #GOP, #IRS to Target Ultrawealthy Tax Delinquents

"This news stands in stark contrast to the approach taken by House #Republicans, who want to allow #wealthy #tax cheats to continue business as usual," said U.S. Senate Finance Committee Chair Ron Wyden.

The U.S. Internal Revenue Service on Friday won praise from congressional Democrats and progressive groups for announcing "a sweeping, historic effort to restore fairness in tax compliance...

https://www.commondreams.org/news/irs-targeting-rich-tax-cheats

IRS plans crack down on 1,600 millionaires :

1,600 millionaires owe at least $250,000 each in back taxes
#DanielWerfel #IRS #tax #wealthy
#Miami #news

https://kbindependent.org/?p=11842

Thanks to a multibillion-dollar funding boost the Internal Revenue Service will be able to use AI to assist with sophisticated and complex tax evasion cases. Mr. Werfel, the IRS commissioner explained "artificial intelligence is helping the IRS identify patterns and trends, giving the agency greater confidence that it can find where larger partnerships are shielding income."
(Content may be paywalled)

https://flip.it/LGL56R

#IRS #AI #Tax

The @OECD Friday presented to world leaders gathering for the G20 leaders summit in New Delhi, #india , its latest report on progress in work aimed at reforming the international #tax framework.
#g20summit #g20summit2023 #g20dia @OECDtax

https://legalavocado.com/wp/oecd-updates-g-20-leaders-on-international-tax-progress/

#tax #taxes #communism #scam #crime #government #slavery #money #finance #economy #theft #taxesistheft #politics #culture #inflation #property #income

If Governor Gavin Newsom signs it into law, the tax would pay for #security improvements at public #schools and gun violence prevention programs.

#California #guns #tax #ammo #violenceprevention

https://legalavocado.com/wp/avocado-roundup-california-lawmakers-pass-11-tax-on-guns-ammo/

@RichardJMurphy Wow - an actual non-mythical Brexit Benefit!
#brexit #ukpolitics #tax

#Intuit now using #AI for #tax #advice https://arstechnica.com/information-technology/2023/09/talk-to-your-taxes-turbotaxs-new-ai-agent-makes-it-possible/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

The #refuge is believed to sit atop ~11B barrels of #oil, but is also home to grizzly & polar bears, snowy owls, migrating waterfowl & herds of moose & caribou. Canceling the leases is likely to set the stage for a #legal battle over the land’s fate.
In 2017 #Congress passed,& #Trump signed, a #tax #law that not only authorized but required leasing in the #wildlife refuge. The move overturned 60 yrs of #protections for the largest remaining stretch of untouched #wilderness in the #UnitedStates.

Why Wealth Managers Are Choosing These Crypto Accounts - Separately managed accounts have seen explosive growth in TradFi, and there are benefits ... - https://www.coindesk.com/coindesk-indices/2023/09/06/why-wealth-managers-are-choosing-these-crypto-accounts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines #financialadvisors #cryptolong&short #wealthmanagement #coindeskindices #opinion #custody #sma #tax

Hey #tax professionals in the #lawfedi world, Bloomberg is looking to hear from you about what changes you’d like to see in the industry.

They want short essays (<300 words) by September 29. It’s a great opportunity to not only air your broader tax policy/industry grievances but get a publication under your name.

DM me any questions and I’ll pass them along.

@law #writing #lawprof #taxfedi

https://news.bloombergtax.com/tax-insights-and-commentary/what-part-of-tax-law-would-you-like-to-change-share-your-views?context=search&index=9

Herald
Humza Yousaf: wealth tax possible due to pressure on public finances
https://www.heraldscotland.com/news/23771724.humza-yousaf-wealth-tax-possible-due-pressure-public-finances

Glad to this conversation is reaching Government at last.

See my take here: https://www.thenational.scot/politics/23751213.wealth-tax-makes-sense-scotland-can

Short version: My target for a wealth tax would be land and property. Can't take them with you and you can be taxed on it whether you live in Motherwell or Monaco.

#ScottishPolitics #Wealth #Tax

The Tanzanian subsidiary of #French #energy and chemicals group @TotalEnergies lost a 6-year legal battle with the country's revenue authority over a #tax assessment of about $175,000 on jet #Fuel the company imported in 2015.
#Tanzania #aviation
https://legalavocado.com/wp/avocado-roundup-pandemic-tax-credit-is-gold-mine-for-consultants-nightmare-for-irs/

@GW

“Nixon official: real reason for the drug war was to criminalize black people and hippies”

by German Lopez in @Vox

“The war on drugs: Is it a genuine public health crusade or an attempt to carry out what author Michelle Alexander characterizes as ‘the New Jim Crow’?

A new report by Dan Baum for Harper's Magazine suggests the latter. Specifically, Baum refers to a quote from John Ehrlichman, who served as domestic policy chief for President Richard Nixon when the administration declared its war on drugs in 1971.

According to Baum, Ehrlichman said in 1994 that the drug war was a ploy to undermine Nixon's political opposition — meaning, black people and critics of the Vietnam War”

#Nixon #WarOnDrugs #Racism #Decriminalize #Regulate #Tax

https://www.vox.com/2016/3/22/11278760/war-on-drugs-racism-nixon