Tax Law News. Crime Stories, Law on News and Legal Publications in April, 2013

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Gambling lords, too, make big money in Kelantan
New Straits TimesApril 1, 2013

By comparison, the Kelantan government's revenue this year is RM581.77 million, after factoring in the oil royalty payment of RM200 million, which it claimed should be paid by the Federal Government. The way the ... He said if Barisan Nasional came to ...more »

WWJD: What would Jesus do about homeowners' rights? Local faith leaders still ...
Twin Cities Daily PlanetApril 1, 2013

It's also a propitious time, the religious leaders decided, to call on lawmakers and the banking industry to stop fighting laws empowering home owners facing foreclosure. So on Maundy Thursday in the Minneapolis suburb of Brooklyn Park, half a dozen ...more »

Tax Law News and Stories

Audit Defence
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Tax Cheats In Wealthy Suburbs Targeted By IRS
Fox News LatinoApril 14, 2013

But as millions of procrastinators scramble to meet Monday's deadline to file their taxes, the agency is running every tax return through a confidential computer program to determine the chances of collecting more money from an audit. Each tax return ...more »

Irs Filing & Compliance
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Legal Aid attorney on hand to help low-income taxpayers
Akron Legal NewsApril 2, 2013

Tax season can be a stressful time for anybody filing a return. However, for low-income ... “They want to be compliant with the tax system and they want to correctly report their income and pay their fair share of the tax liability. The challenge for ...more »

Business Audit Defence
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Seminole Co. audit shows 17-92 CRA holding onto $10 million
WFTV OrlandoApril 17, 2013

An audit by the Seminole County Clerk of Court found a group tasked with improving the 17-92 corridor is breaking the law by holding onto $10 million it should be giving back to the cities that support it. According to state law, the money must either ...more »

Personal Irs Disputes
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Raiding your retirement to pay for college
MarketWatchApril 11, 2013

... to pay [for] grandkids' college or grad school than leave the IRA or 401(k) to your grandkids when you die and then when they take the money out the grandkids could be in a 50% tax bracket—federal and state—if they, because of great schooling ...more »

Property Taxes
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Quinn Signs Property Tax Relief Law For Seniors
NBC Chicago (blog)April 23, 2013

Gov. Pat Quinn on Tuesday signed legislation to reduce property tax bills for Illinois seniors. The bill, sponsored by Sen. Toi Hutchinson (D-Olympia Fields) and Rep. John Bradley (D-Marion), raises the senior homestead exemption for residents age 65 ...more »

Corporate Income Taxes
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Over the tax savings cliff
Chiropractic EconomicsApril 3, 2013

Employees are already finding less in their paychecks because the American Taxpayer Relief Act did not extend the payroll tax holiday that had reduced Social Security payroll deductions from 6.2 percent to 4.2 percent on earned income up to the Social ...more »

Sales Tax & Use Tax
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Internet Sales Tax Bill Moves Forward in Senate - The New American
The New AmericanApril 23, 2013

Entitled the Marketplace Fairness Act, the bill touts itself as one that would “restore States' sovereign rights to enforce State and local sales and use tax laws,” by granting states the authority to compel online and catalog retailers, regardless of ...more »

Estate Taxes & Gift Taxes
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Revenue Minister defends tax laws
Yahoo! New Zealand NewsApril 7, 2013

The Revenue Minister is defending our tax laws following a leak of millions of documents that point the finger at some New Zealand companies for allegedly laundering money. Files given to the International Consortium of Investigative Journalists ...more »

Tax Evasion Defence
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Charities say graft, tax evasion hold back poor countries' development
Reuters AlertNetApril 10, 2013

The developing world loses around $1 trillion every year through practices like tax evasion, corruption and money laundering, mainly by multinational corporations, according to the Task Force for Financial Integrity and Economic Development, a global ...more »

International Taxation
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Study: 'Fiscal cliff' deal made tax code slightly more progressive
The Hill (blog)April 2, 2013

The tax changes enacted at the start of the year made the tax code a bit more progressive, a left-leaning group said in a study released Tuesday. Citizens for Tax Justice (CTJ) found that the top 1 percent of earners would pay roughly 24 percent of ...more »

Tax Planning
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"Tax avoidance is not the same as good tax planning"
Shout 99April 2, 2013

HM Revenue and Customs (HMRC) run high profile campaigns to target specific groups or areas where they suspect dodgy tax behaviour. They then publicise related prosecutions and convictions, and have gone so far as to have a name and shame ...more »


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