Tax Law News. Crime Stories, Law on News and Legal Publications in April, 2012

Top Picks in News

Commentary: Eagles well-positioned to handle loss of Jason Peters
Sacramento BeeApril 1, 2012

When DeMeco Ryans was available, they had the cap space and surplus draft picks to get him. When DeSean Jackson and Evan Mathis reached the end of their contracts, the Eagles had the money to keep them. They had enough flexibility to extend Trent Cole ...more »

Friends, Neighbors Help Victim's Grieving Family
MyFox PhoenixApril 1, 2012

Comments should not be flagged for: Disagreeing with the content or disputes with other commenters. Stay on topic: Don't discuss an entirely different subject or spam the section asking about another story. Send us an e-mail instead.more »

Tax Law News and Stories

Business Audit Defence
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Possible probation company audit
Covington NewsApril 4, 2012

"For the protection and edification of all the parties involved, both the outgoing and the incoming probation services for the court as well as the permanent judge, when appointed, I respectfully request that an audit of the court be done by the city ...more »

Personal Irs Disputes
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Milwaukee, police union argue health insurance payments
Milwaukee Journal SentinelApril 19, 2012

While Act 10 removed nearly all collective bargaining for most public employees, it specifically exempted police and firefighters. But it also gave local governments authority to select and design health insurance plans, and noted that even the impact ...more »

Corporate Income Taxes
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Global trade bodies write to Prime Minister over Income Tax Act
Zee NewsApril 2, 2012

New Delhi: Several global business associations have sought reconsideration of the retrospective amendment of the Income Tax Act in the backdrop of Vodafone controversy warning that the proposed change has prompted widespread review of costs and ...more »

Property Taxes
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Delaware County voters choose sales tax over property tax in sexual misconduct ...
kjrh.comApril 4, 2012

Voters could choose between the half-cent sales tax increase or a property tax increase, which would have to cover the settlement in three years, according to state law. Ahead of the vote, supporters of the sales tax said it would be less of a burden ...more »

Sales Tax & Use Tax
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Nebraska governor signs tax cuts into law
BusinessWeekApril 11, 2012

Heineman also signed three economic development bills into law. Two measures by Kearney Sen. Galen Hadley would provide a sales-and-use tax exemption for biochips used in genetic science and reduce the income tax burden on Nebraska-based businesses ...more »

Estate Taxes & Gift Taxes
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Pranab defends proposed IT Act amendment, says India not a tax haven
Hindustan TimesApril 1, 2012

Defending the proposed amendment of the Income Tax (IT) Act with retrospective effect, union finance minister Pranab Mukherjee on Sunday said that India cannot be a tax haven. "India is not a no-tax country; it has a determined tax rate.more »

Tax Evasion Defence
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Feds: Pa. man evaded taxes on lottery winnings
Beaver County TimesApril 5, 2012

A man evaded roughly $132000 in income taxes in 2009 and 2010 by having friends cash in his winning lottery tickets, the only source of income mentioned in a federal grand jury indictment alleging he earned about $481000 in those years, authorities say ...more »

International Taxation
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Federal judge rules Hart has no legislative shield from tax actions
The Spokesman ReviewApril 4, 2012

Legal options are running out for anti-tax Idaho lawmaker Phil Hart in his effort to keep the government from seizing his log home in Athol. A federal judge on Tuesday gutted one of the Idaho state representative's main defenses by dismissing Hart's ...more »

Tax Planning
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Collins Barrow Ottawa LLP appoints Ken Tammadge new Managing Partner
Sacramento BeeApril 11, 2012

Ken, a tax partner with more than 30 years of experience advising entrepreneurial clients on business succession, estate, retirement and cross-border tax planning issues, succeeds Randy Tivy, CA, whose tenure marked a period of tremendous growth for ...more »

Irs Filing & Compliance
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IRS Transfer Pricing Agreements Declined Last Year
Accounting TodayApril 2, 2012

By Michael Cohn, Accounting Today The Internal Revenue Service reported Monday that the number of completed Advance Pricing Agreements, in which the IRS and multinational corporate taxpayers work out voluntary agreements on transfer pricing, ...more »

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