Tax Law News. Crime Stories, Law on News and Legal Publications in May, 2015

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Did Christie's 2016 PAC just skirt NJ's pay-to-play laws?
NJ.comMay 1, 2015

The state's 2005 pay-to-play law mandates that no business that has a contract worth more than $17,500 with the state department or agency can solicit or contribute money "to a candidate committee or election fund of any candidate or holder of the ...more »

Daniel O. Jamison: History's universal truths
Fresno BeeMay 1, 2015

They define the best of civilization and bear frequent repetition, but especially every May 1, established by Congress as Law Day to celebrate the Founders' ideals of ordered liberty and equal justice under law. Education in history and civics is ...more »

Tax Law News and Stories

Corporate Income Taxes
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Business in Myanmar: What you should know about personal income tax
The NationMay 12, 2015

If you plan to invest in Myanmar or send employees there, you should have an up-to-date understanding of the income tax law, as tax laws and practices are frequently changing. Last month, new developments in the personal income tax law were enacted.more »

Property Taxes
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Property tax freeze bill a “pitiful display of insincerity”
Reboot IllinoisMay 20, 2015

101 counties in the state of Illinois have the same property tax laws. But Cook County is the only county allowed to operate under different rules. Their under valuation of property for both residential and commercial makes them seem to have less local ...more »

Estate Taxes & Gift Taxes
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Sustained success needed on Sin Tax reform
Philippine StarMay 4, 2015

On its third year of implementation, the Sin Tax law that reformed the country's tax structure on alcohol and tobacco has proven to be a truly win-win solution for both the government and the nation. With most issues that detractors had originally ...more »

Sales Tax & Use Tax
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Puerto Rico governor pushes sales tax increase amid crisis
The OlympianMay 15, 2015

Alejandro Garcia Padilla said late Thursday that a majority of members of his party had agreed to back a bill that would increase the sales and use tax from 7 percent to 11.5 percent as part of an effort to rescue a government in danger of running out ...more »

Tax Evasion Defence
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Buhari Reportedly Approves Plan to Set Up Special Courts for Handling Tax...
Bella NaijaMay 14, 2015

According to a report by National Mirror, president-elect, Muhammadu Buhari, has reportedly approved plans to have special courts for hearing tax evasion and corruption cases. The courts will be set up in FCT and will deal with the aforementioned cases ...more »

International Taxation
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Murphy's Law
urbanmilwaukeeMay 12, 2015

A case in point is the state gas tax, which is really just a user fee that drivers pay to finance the building and maintenance of roads. There seems to be a national bipartisan reluctance not just to raise gas taxes, but to simply maintain them at the ...more »

Tax Planning
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Midyear Tax Planning - Tax Strategies for Businesses
The National Law ReviewMay 11, 2015

In past years, some property that exceeded the Section 179 spending cap was also eligible for bonus depreciation under the tax extenders. This tax extender renewal has not taken place in years past until the very end of the year, so planning to take ...more »

Personal Irs Disputes
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Investigators suspect fugitive lawyer had help from partner
The Daily NonpareilMay 18, 2015

IOWA CITY, Iowa (AP) — Investigators suspect a former Iowa lawyer facing fraud charges was getting help from an ex-business partner while he was on the run from the FBI. Search warrant documents unsealed Monday show investigators believe former ...more »

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