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

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Court rules on enforcement of foreign arbitral award
International Law OfficeMarch 1, 2012

The arbitration clause in the contract provided that if the defendant was the complainant in the dispute, the dispute was to be referred for final resolution to the International Commercial Arbitration Court (ICAC) at the Ukrainian Chamber of Commerce ...more »

Cuts in legal aid would harm those already financially strapped
The Seattle TimesMarch 1, 2012

Volunteer lawyers mediate family law cases, provide courthouse-based help for unrepresented litigants, ensure the best interests of disabled wards are met in guardianship matters, and provide free legal support for court-appointed special advocates who ...more »

Tax Law News and Stories

Audit Defence
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Betty Mould Iddrisu Again!
Peace FM OnlineMarch 2, 2012

According to the PAC Chairman, Albert Kan-Dapaah, had the former Attorney-General supported the IRS to claim all the taxes plus accruing interests, CP might have even paid some balance to the Government of Ghana (GoG). In his view, it was improper for ...more »

Irs Filing & Compliance
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Improving IRS Correspondence Audit
JD Supra (press release)March 5, 2012

When the information sought by the IRS is not very extensive or the issue is not complex, the agency usually conducts a correspondence audit via the mail. According to Margaret Begg, Compliance and Enforcement Operations Unit in the Treasury Inspector ...more »

Business Audit Defence
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State audit of Springfield Public Schools shows lack of oversight in key areas
Springfield News-LeaderMarch 2, 2012

A state audit released Friday says Springfield Public Schools has failed to fully comply with the Sunshine Law, “adequately fund and monitor” its employee health insurance program and safeguard cash. State Auditor Tom Schweich said a lengthy ...more »

Personal Irs Disputes
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Federal lawyers respond in Rep. Hart tax case
Idaho Press-TribuneMarch 9, 2012

Government lawyers are seeking to foreclose on Hart's home in Athol to help settle the debt. Hart contends his status as a state lawmaker should bar IRS claims against him. His lawyer argues that because an IRS notice was sent to Hart while the ...more »

Property Taxes
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Wyss: Taxpayers are unlikely to see relief
Northwest HeraldMarch 2, 2012

Jack Franks' property tax bill success last week? Franks amended a Senate bill on an unrelated tax issue to include a provision forbidding governments under the tax cap from collecting more in property taxes in years when their total assessments ...more »

Corporate Income Taxes
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Income Tax Ordinance, 2001: Undoing the legacy - I
Business Recorder (blog)March 1, 2012

When the government of General Pervez Musharraf decided to promulgate a new income tax law in 2000, we opposed it strongly. Our main objection was that his regime had no mandate to enact any such law. We stressed upon the rule, "No taxation without ...more »

Sales Tax & Use Tax
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State tax collections up in February
SouthCoastToday.comMarch 8, 2012

"This performance is largely due to higher than expected income tax withholding, income tax payments with returns and bills, sales and use tax collections, and corporate and business tax collections, which more than offset greater than forecast income ...more »

Estate Taxes & Gift Taxes
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Streamlined Sales Tax Bill Stalls Again
Twin Falls Times-NewsMarch 1, 2012

But the state lacks a way to collect the taxes other than trusting people will pay up on their annual tax forms. What's the solution? Sponsors of a bill to update the tax code say joining a multi-state coalition will streamline the process of gathering ...more »

Tax Evasion Defence
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Compliance reforms help taxman boost tax yields by £4.3bn
Accountancy AgeMarch 1, 2012

by Nick Huber CHANGES TO way HM Revenue and Customs (HMRC) investigates tax evasion have yielded £4.3bn of "additional" tax yield between 2006 and 2011, a review by the National Audit Office (NAO) has found. Over the same period the taxman has cut ...more »

International Taxation
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Malacanang vows proposed sin tax law to provide competition in tobacco industry
Zamboanga Today OnlineMarch 2, 2012

Malacanang assured that the proposed sin tax law is designed to provide competition among all players in the tobacco industry. Presidential Spokesperson Edwin Lacierda issued the statement during the regular press briefing in Malacanang on Wednesday, ...more »

Tax Planning
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Planned half-cent tax hike for RCCC bond might not be needed
Salisbury PostMarch 1, 2012

By Karissa Minn SALISBURY — County officials say they may not need to raise the property tax rate this year, even though a half-cent increase was planned for the Rowan-Cabarrus Community College bond. At their planning retreat Wednesday for the 2012 ...more »

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