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

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Overview (February 2011)
International Law OfficeFebruary 1, 2012

As a result, during 2011 a number of amendments were introduced to the employment framework. Significant legislation affecting employers introduced in 2011 included the following. Enacted on September 19 2011 by the National Council of Employment, ...more »

Whistleblowers Sue FDA, Claim Emails Monitored
MedPage TodayFebruary 1, 2012

The FDA staffers are accusing the FDA of violating their Fourth Amendment rights, which protect against illegal searches and seizures, and their Fifth Amendment rights, which protect against abuse of government authority. Collecting emails to use ...more »

Tax Law News and Stories

Business Audit Defence
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Audit: DSU violated bid laws
The News Journal (blog)February 3, 2012

The report auditor R. Thomas Wagner Jr. issued Thursday shows DSU officials repeatedly violated state bidding laws in awarding contracts worth more than $2 million to certain companies without checking whether another vendor could do the work for less.more »

Personal Irs Disputes
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When A Housemate Is A Dependent (And A Tax Break)
ForbesFebruary 4, 2012

The person you're claiming as a dependent under these rules has to be a US citizen and can't have filed a joint tax return. You must have paid for more than half of his or her living expenses (this is the “support” test). And he or she must have earned ...more »

Corporate Income Taxes
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Income-Tax raids on Maya's aide Ponty Chadha
Economic TimesFebruary 2, 2012

NEW DELHI/LUCKNOW: The Income-Tax Department on Wednesday raided the residence and offices of Uttar Pradesh liquor baron Gurpreet Singh Chadha, popularly known as Ponty Chadha, who is believed to be close to UP chief minister Mayawati.more »

Property Taxes
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New jail still on Dorchester County wish list
Charleston Post CourierFebruary 1, 2012

The tax bump would put a rocky end to a long campaign among council members to keep from raising property taxes. Councilman Bill Hearn paraphrased the late Jack Langston, former county administrator, saying: "If you continue putting off going to the ...more »

Sales Tax & Use Tax
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DeSoto sales tax collections up slightly
Shreveport TimesFebruary 8, 2012

MANSFIELD — DeSoto Parish sales and use tax collections rose slightly to $8.7 million in December, according to the amounts reported in January to the DeSoto Sales and Use Tax Commission. That's an increase over the almost $7.5 million collected the ...more »

Estate Taxes & Gift Taxes
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Corporate Coalition Says Obama Investment Taxes Near World High
BusinessWeekFebruary 9, 2012

9 (Bloomberg) -- A coalition of business groups and companies including Altria Group Inc. and Xcel Energy Inc. is warning Congress that failing to extend tax breaks on investment income would make US tax rates on capital gains and dividends among the ...more »

Tax Evasion Defence
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Harry Redknapp lied to News of the World reporter, tax evasion trial hears
MetroFebruary 2, 2012

The Tottenham Hotspur manager, taking to the stand for the second day in his tax evasion trial, said he misled News of the World reporter Rob Beasley to avoid a story appearing ahead of the 2009 League Cup final against Manchester United.more »

International Taxation
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States will get socked with new Medicaid tax under health law
Bellingham HeraldFebruary 1, 2012

The law calls for a new tax on health insurers' premium revenue — intended to help pay for expansion of coverage to 32 million uninsured Americans. But the tax will be paid by all insurers, including those that contract with states to provide coverage ...more »

Tax Planning
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Kalamazoo property owners facing tax foreclosure could have more time under ...
Kalamazoo Gazette - MLive.comFebruary 6, 2012

... owners who owe housing and public service fees on properties in danger of tax foreclosure could have those fees spread over their 2012, 2013, 2014 and 2015 tax bills, said Jeff Chamberlain, the city's community planning and development director.more »

Irs Filing & Compliance
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Beware The Long (Global) Arm Of The IRS
ForbesFebruary 3, 2012

By Robert A. Green, CPA of GreenTraderTax.com In an attempt to balance the budget and close the “tax gap,” Congress, the Obama administration and the IRS are on a mission to intimidate Americans into reporting all of their income, onshore and offshore.more »

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