Corporate Finance & Taxation. Legal news and articles for April 25 - 26, 2017

Big tax cuts for the rich, less for the poorTrump's 15% Corporate Tax Seen as 'Gambit' as He Unveils PlanN$50 000 fine for leaking tax informationGov't to Make Amendments to Tax, Criminal CodesGOP budget hawks open to Trump tax plan despite deficitNYC's property tax assessment system is unconstitutional: suitFacing spending sanctions, troubled California tax board suspends its public outreachTax preparer accused of fraudulent returns netting clients $1.1 million in refundsBill would identify Illinois lawmakers who fail to file tax returnsDeal signs special tax breaks into Georgia law, more to comeFormer Mount Pleasant office manager pleads guilty to tax fraud ...Donald Trump makes concessions to Democrats as he scrambles to turn tax campaign promise into lawTalk of federal tax cuts chills affordable housing marketThrow the tax net to catch allIn Trump's First 100 Days, A Resistance Network Digs In

Top Picks in News

Dealt a Defeat, Republicans Set Their Sights on Major Tax Cuts
New York TimesMarch 27, 2017

“I would be surprised given the health law debacle if the Trump administration sits back and lets Congress fashion the legislation without weighing in on the substance,” said Michael J. Graetz, a tax law professor at Columbia University. “That is one ...more »

Ten Am Law 100 Firms Help Raiders' Roll Into Sin City
The RecorderMarch 28, 2017

Morgan, Lewis & Bockius corporate finance partner Jonathan Bernstein, real estate partner Maurice “Skip” Sullivan III, tax and real estate partner Donald-Bruce Abrams and finance partner Matthew Furlong are heading up a team from the firm advising the ...more »

Corporate Finance & Taxation. News and Stories

Big tax cuts for the rich, less for the poor
Center for Public IntegrityApril 26, 2017

Sam Brownback signed into law the largest tax cuts in the state's history in 2012. That year, Laffer visited Kansas three times and was paid $75,000 to be a consultant for Brownback's tax-reform plan, which cut Kansas' top income tax bracket by almost ...more »

Trump's 15% Corporate Tax Seen as 'Gambit' as He Unveils Plan
BloombergApril 26, 2017

The tax would apply to small businesses, hedge funds and Trump's own business empire -- firms that organize themselves as partnerships or limited-liability companies. Under current law, those companies pass their earnings and deductions through to ...more »

N$50 000 fine for leaking tax information
NamibianApril 26, 2017

Schlettwein said provisions to curb illicit financial flows are in the different tax laws and not in the authorities bill.Some staff members of the Namibia Revenue Agency will come from the inland revenue department at the finance ministry, and the ...more »

Gov't to Make Amendments to Tax, Criminal Codes
Georgia TodayApril 26, 2017

TBILISI – The government of Georgia discussed a proposed legislative package for amending the Tax and Criminal Codes at the Cabinet session yesterday. The amendments envisage decriminalization of economic offenses, which was one of the key ...more »

GOP budget hawks open to Trump tax plan despite deficit
Fairfield Daily RepublicApril 26, 2017

“Today's Democratic Party seems to be preoccupied with wealth transfer from those who have done well to those who have done less well,” said Senate Majority Leader Mitch McConnell, R-Ky. “That's unrelated to having a set of tax laws that promote growth.”.more »

NYC's property tax assessment system is unconstitutional: suit
New York PostApril 26, 2017

A group that includes Related and the Durst Organization has sued in State Supreme Court to get the city's cockamamie property tax assessment scheme kicked to the curb. Tax Equity Now New York (TENNY) claims the current law and its implementation ...more »

Facing spending sanctions, troubled California tax board suspends its public outreach
Sacramento BeeApril 25, 2017

State law requires that the board ask permission from the Finance Department and the Legislature if it wants to reassign a so-called “revenue-generating” employee to another post. The recent audit from the Finance Department said the tax board had not ...more »

Tax preparer accused of fraudulent returns netting clients $1.1 million in refunds
NOLA.comApril 25, 2017

The operator of a tax preparation service in Hammond stands accused of filing false tax returns that netted at least $1.1 million in inappropriate refunds for her clients. The U.S. attorney's office in New Orleans said Tuesday (April 25) it charged ...more »

Bill would identify Illinois lawmakers who fail to file tax returns
Chicago TribuneApril 25, 2017

Because of confidentiality laws, the Illinois Department of Revenue would not identify the two statehouse stragglers. But a spokesman for the agency, part of Republican Gov. Bruce Rauner's administration, said it supports the bill. The proposal ...more »

Deal signs special tax breaks into Georgia law, more to come
Atlanta Journal ConstitutionApril 25, 2017

Deal also signed House Bill 265, which would exempt from sales and local sales taxes building materials used for renovating or expanding performing arts venues under certain conditions. It is designed to help with the renovation of the Alliance Theater ...more »

Former Mount Pleasant office manager pleads guilty to tax fraud ...
ABC NEWS 4April 25, 2017

A Mount Pleasant Woman pleaded guilty to three counts of tax fraud charges Monday in federal court.Beth Drake, U.S. Attorney for South Carolina, says Cynthia ...more »

Donald Trump makes concessions to Democrats as he scrambles to turn tax campaign promise into law
Telegraph.co.ukApril 25, 2017

Donald Trump is expected to include child care welfare credits in his tax reform plans to win support from Democrats as he scrambles to turn his campaign pledge into law. The president enjoys a Republican majority in Congress, but after failing to ...more »

Talk of federal tax cuts chills affordable housing market
Philly.comApril 25, 2017

What Mitchell experienced here is indicative of how mere talk of deep cuts in the federal corporate tax rate, even in the absence of any action, is shaking up the nation's low-income housing construction market. Investors are scaling back their ...more »

Throw the tax net to catch all
Philippine StarApril 25, 2017

Among the priority bills under this tax reform package, Dominguez cited, is the proposed amendment to relax the Philippine Bank Secrecy Law, specifically for tax evasion and fraud cases. The Philippines is one of the three remaining countries (the two ...more »

In Trump's First 100 Days, A Resistance Network Digs In
NPRApril 25, 2017

Donald Trump won the presidency back in November, but for many liberal organizations, the battle continues. A loose network of lawyers and watchdogs has dug in to scrutinize issues involving the Trump administration's ethics and transparency. Key ...more »

Archive

Legal and Criminal News in 2017
Legal and Criminal News in 2016
Legal and Criminal News in 2015
Legal and Criminal News in 2014
Legal and Criminal News in 2013
Legal and Criminal News in 2012
Legal and Criminal News in 2011
Legal and Criminal News in 2010
Legal and Criminal News in 2009
Legal and Criminal News in 2008
Legal and Criminal News in 2007
Legal and Criminal News in 2006
Legal and Criminal News in 2005
Legal and Criminal News in 2004
Legal and Criminal News in 2003
Legal and Criminal News in 2002
Legal and Criminal News in 2001
Book of the Day in our Store
Share it on TwitterFacebook
Employment and Labor LawEmployment and Labor Law
by Patrick J. Cihon, James Ottavio Castagnera
  • List Price: $299.95
  • Price: $246.25
  • You Save: $53.70 (18%)
from $150.00
View
David M RudolphAttorney at LawPRACTICE AREA: Labor & Employment Law, Constitutional Law & Civil Rights, Litigation, Workers Compensation
Steven L HurdleAttorney at LawPRACTICE AREA: Personal Injury, Labor & Employment Law, Consumer Protection, Insurance Litigation, Workers Compensation