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

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Betsey Johnson Goes Bankrupt
JustLuxe.comSeptember 1, 2012

Betsey Johnson, funky luxury designer, widely known for her use of bright, bold colors resembling her eclectic personality, just filed for Chapter 11 bankruptcy. According to an official statement of Jonathan Friedman, Betsey Johnson's CFO, the ...more »

Atlanta News, Weather, Traffic, and Sports | FOX 5 Publisher of bin Laden book ...
MyFox AtlantaSeptember 1, 2012

In response, Robert D. Luskin of the law firm Patton Boggs wrote to Johnson on Friday that his firm is representing Bissonnette and asserting that he is not in breach of his nondisclosure agreements. Luskin, who represented White House aide Karl Rove ...more »

Tax Law News and Stories

Audit Defence
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Ex-Worker Left IRS for Job at Bank He Audited, Complaint Says
New York TimesSeptember 28, 2012

But Dennis Lerner's hatred of the I.R.S. was unique, and not just because he once worked there as an international examiner, although that certainly helped. In e-mails written to a friend last year, he complained, “I get paid next to nothing and work ...more »

Irs Filing & Compliance
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Food for Hungry faces IRS
AZ Central.comSeptember 9, 2012

The IRS fined Food for the Hungry $50,000 this year for misrepresenting the value of medicine and other goods in 2008. In a 22-page report obtained by Call 12 for Action, auditors said the non-profit giant took credit in 2008 for giving away $86 ...more »

Business Audit Defence
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Samsung to audit 250 suppliers for labour law violation
Times of IndiaSeptember 4, 2012

Samsung also said its audit into working conditions at an HEG Electronics facility in Huizhou in southern China found no under-aged workers. New York-based China Labor Watch said last month seven children younger than 16 were working in the factory ...more »

Personal Irs Disputes
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CAREER TRACKER: Lawyers on the move - Sept. 6, 2012
Thomson Reuters News & InsightSeptember 6, 2012

... Robert Hibbert, who handles Department of Agriculture cases; Ann Begley, who counsels on Federal Trade Commission and advertising issues; Anthony Pavel, who is also general counsel for the Enzyme Technical Association; and Rebecca Dandeker, ...more »

Property Taxes
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Blighted Property Tour Reaches Midpoint in City
LoanSafeSeptember 4, 2012

While address 616 scored a 2 and 613 scored a 3, City Administrator Thomas A. Palamar, City Code Enforcement Officer Donald J. Chescavage and City Business Privilege Tax Administrator Leo Schwartz gave 608 W. Norwegian St. a 4. “If you just drove ...more »

Corporate Income Taxes
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DTC 3.0: Seven personal taxation areas that need a change
Economic TimesSeptember 3, 2012

The average taxpayer easily loses his way in the maze of deductions of the Income Tax Act, 1961. Three years ago, the government raised hopes of sweeping changes with the Direct Taxes Code, but Pranab Mukherjee watered it down. Now Finance Minister ...more »

Sales Tax & Use Tax
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Boulder Sales and Use Tax Revenue Behind Projections
LoanSafeSeptember 14, 2012

(Source: By Erica Meltzer, Daily Camera, Boulder, Colo. (MCT) Boulder retail sales tax revenue for the first half of the year was up slightly when compared to the same period last year. However, total sales and use tax collections — the latter of ...more »

Estate Taxes & Gift Taxes
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California to target Web retailers for sales taxes
Phys.OrgSeptember 3, 2012

Officials will be enforcing a controversial law passed last year that expands the kinds of online retailers that are required to collect California sales taxes on Internet purchases. Currently, those taxes range from 7.25 percent to 9.75 percent ...more »

Tax Evasion Defence
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Schaeuble Says Swiss Agreement Can Stop Tax Evaders: WiWo
BloombergSeptember 8, 2012

German Finance Minister Wolfgang Schaeuble says a proposed agreement to exchange data with Switzerland can help reduce tax evasion, according to an interview in WirtschaftsWoche magazine. * Schaeuble says agreement with Swiss would increase tax ...more »

International Taxation
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IRS clarifies tax rules for building improvements
North Bay Business JournalSeptember 10, 2012

In a decision that could impact the tax planning and accounting practices of real property owners, developers and tenants, the Internal Revenue Service has issued a new set of regulations that seek to clarify the manner by which the cost of certain ...more »

Tax Planning
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Billionaire Arnault's Belgian Kerfuffle Boosts Hollande Tax Plan
BusinessweekSeptember 11, 2012

The tax reform we're planning will put the taxation of capital and labor on the same level.” The ruckus comes after Hollande's popularity fell seven points over the summer break as unemployment rose, a Viavoice poll showed on Sept. 3. Hollande's ...more »

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