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

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Normal trade with India ''tied'' to level-playing field
Business Recorder (blog)March 1, 2012

The Commerce Ministry has been allowed in principle to make appropriate changes in the defence trade laws in consultation with the stakeholders to allay apprehensions of the industrial sector for using these laws more effectively against any unfair ...more »

DA Files Motion For High Court To Recuse Gableman, Rehear Act 10 Case
WISC MadisonMarch 1, 2012

... he accepted free legal services from prominent Wisconsin law firm Michael, Best & Friedrich, which represented the state of Wisconsin in the legal fight over Act 10. Act 10 is the contentious law that made changes to collective bargaining rights ...more »

Tax Law News and Stories

Audit Defence
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Salem Health Delinquent with Oregon Department of Justice Filing
The Lund ReportMarch 2, 2012

March 2, 2012 – The Oregon Department of Justice makes it quite clear – nonprofit entities such as hospitals are required to provide audited financial statements every year that show their net worth, the salaries of their top executives and the ...more »

Irs Filing & Compliance
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Introducing RAF Strategies, Experts on Insurance Strategies for Retirement ...
MarketWatch (press release)March 2, 2012

Mr. Fink works with individual investors and financial advisors to design beneficial policies that meet financial goals and comply with complex IRS regulations. Rob's experience as an attorney specializing in tax law and estate planning for 14 years ...more »

Business Audit Defence
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Audit process complete, council can get 'back to business'
Times of Fort ErieMarch 1, 2012

On Wednesday, audit reports on the expenses of Ward 1 Coun. Stephen Passero, mayor Doug Martin and mayoral runner-up Ann-Marie Noyes were heard. The committee voted that no infraction was serious enough to see legal action taken against the politicians ...more »

Personal Irs Disputes
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City drops push for Slavery Museum liquidation
The Free Lance-Star (blog)March 1, 2012

By Chelyen Davis RICHMOND—Fredericksburg's lawyer agreed Wednesday to withdraw his motions to appoint an examiner or move the US National Slavery Museum's case to liquidation. The Fredericksburg-based museum filed for bankruptcy last fall, ...more »

Property Taxes
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Cash-strapped Italy looks to tax church-owned properties
Washington Post (blog)March 2, 2012

15, the government of Prime Minister Mario Monti announced it wants to revise rules on the tax-exempt status of church-owned commercial property. Though the exemption also applies to other not-for-profit entities, such as trade unions, ...more »

Corporate Income Taxes
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Par panel for hiking income tax exemption limit to Rs 3 lakh
IBNLive.comMarch 2, 2012

PTI | 06:03 PM,Mar 02,2012 New Delhi, Mar 2 (PTI) In order to provide the much needed relief to people, a Parliamentary panel scrutinising the Direct Taxes Code (DTC) Bill has suggested raising the income tax exemption limit to Rs 3 lakh and also ...more »

Sales Tax & Use Tax
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The Pinch: Use tax refund money wisely
The Augusta ChronicleMarch 1, 2012

Jeff Fehrman, the president of Fehrman Investment Group, gives his top five recommendations for ways that consumers should use their tax refund. • Pay off credit card debt. Use your tax refund to make a dent in your debt. This will reduce the extra ...more »

Estate Taxes & Gift Taxes
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Tax planning? Good luck with that
MarketWatchMarch 2, 2012

It's almost impossible, thanks to profound uncertainty with regard to tax law. Still, there are some steps you can take. Some customers lured into new bank accounts by awards such as department-store gift cards and frequent-flier miles are getting an ...more »

Tax Evasion Defence
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Washington State Aids Fight Against Fraud
KGMIMarch 5, 2012

WASHINGTON STATE -- Three Washington State agencies have partnered up to develop a website that helps consumers protect themselves from fraud. Links on allow people to check if a business is licensed, owes taxes, has complaints filed ...more »

International Taxation
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Governor signs private school tax credit bill into law
Tucson CitizenMarch 1, 2012

Private-school scholarship contributions do not go directly from the state to a private school. To avoid constitutional prohibitions, the original 1997 tax-credit law created private non-profit school-tuition organizations, or STOs, to collect the ...more »

Tax Planning
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Gas tax could affect light rail plans
So Md NewsMarch 7, 2012

But state funding for such a project is unlikely, especially if a proposed, and controversial, tax on gasoline fails in Annapolis, legislators warned. “I don't want any confusion among the public that we're laying this out because the Charles County ...more »


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