Corporate Income Taxes. Legal news and articles for April 23 - 25, 2017

Corporate income tax revenues drop in Missouri, but not because of the economyCorporate income tax revenues drop in Missouri, but not because of ...Tax laws are not always 'fair'Letter: Why Trump is against paying taxesMissed last week's income tax deadline? Here's what to doLudhiana court summons Punjab CM Amarinder Singh on July 20 in Income Tax caseInterest income of expatriates in Oman not subject to withholding taxValpo law school earns high marks3 Things You Can Count On When Trump Unveils His New Tax PlanIndia Initiates $5 Billion Tax Penalty Against Cairn EnergyOur View: Property tax cut keeps money in the right placeSen. Brock's proposal would further reduce corporate, income taxesEnd the Income TaxMost Countries Handle Income Taxes BetterWhite House officials offer conflicting details of Trump tax plan

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Government firm on tax law changes, relents on tribunal postings
The Indian ExpressMarch 29, 2017

But it ignored the objections of the Opposition on many other issues including provisions in the Finance Bill that enable changes to the Companies Act and Income Tax Act. The discussion in Rajya Sabha saw a lively sparring session between Finance ...more »

Corporate Close-Up: Arkansas Adopts Entity-level Apportionment for Partnerships, Conforming Law to Practice
Bloomberg BNAApril 10, 2017

Recent Arkansas legislation (H.B. 1562, enacted March 14, 2017) requires partnerships with income both within and outside the state to apportion income to Arkansas under the Uniform Division of Income for Tax Purposes Act, as adopted by the state.more »

Corporate Income Taxes. News and Stories

Corporate income tax revenues drop in Missouri, but not because of the economy
KBIAApril 25, 2017

But the state's Acting Budget Director Dan Haug also pointed to the corporate tax law change during an interview with St. Louis Public Radio back in December. Haug, who did not respond to recent calls for comment, said the slide in corporate income tax ...more »

Corporate income tax revenues drop in Missouri, but not because of ...
St. Louis Public RadioApril 25, 2017

The state of Missouri collected $435 million in corporate income tax revenue in fiscal year 2015. That plummeted to $280 million last year. Gov. Eric.more »

Tax laws are not always 'fair'
Independent OnlineApril 25, 2017

Pretoria - A recent tax case demonstrated quite clearly how paying tax under a “statutory obligation” might seem “unfair”, but that there was nothing “unjust” about it. In this case the taxpayer – a company – sold a property for a huge gain, was taxed ...more »

Letter: Why Trump is against paying taxes
Auburn CitizenApril 25, 2017

Wealthy Americans can take advantage of tax laws to avoid paying federal income taxes, and one of their biggest benefits is paying a lower tax rate on capital gains and dividends because capital gains taxes are not assessed until the investment is sold.more »

Missed last week's income tax deadline? Here's what to do
Rexburg Standard JournalApril 24, 2017

BOISE, Idaho — Even if you don't owe income taxes, you're still required by law to file an individual income tax return if you meet Idaho's filing requirements. Visit the Idaho State Tax Commission's website at tax.idaho.gov to see if you're required ...more »

Ludhiana court summons Punjab CM Amarinder Singh on July 20 in Income Tax case
The Indian ExpressApril 24, 2017

The complaint against Captain was filed by IT department under section 277 (false statement in verification) of Income-Tax Act and several sections of IPC including 176 (omission to give notice or information to public servant), 177 (furnishing false ...more »

Interest income of expatriates in Oman not subject to withholding tax
Times of OmanApril 24, 2017

However, interest paid by financial institutions and companies to overseas institutions are liable to withholding tax at the rate of 10 per cent, according to Saud Nasser Al Shukaily, secretary general of taxation at the Ministry of Finance. He was ...more »

Valpo law school earns high marks
nwitimes.comApril 24, 2017

... law clinics, study abroad programs in England, Israel and Palestine, simulation courses, Moot Court, International Moot Court, the Trial Advocacy course and competition, law review, client counseling and the Volunteer Income Tax Assistance program.more »

3 Things You Can Count On When Trump Unveils His New Tax Plan
Motley FoolApril 24, 2017

In March, the American Health Care Act (AHCA) was unveiled to a mixed audience as a replacement for the disliked Affordable Care Act (ACA), which many people refer to as Obamacare. With Republicans holding a majority in the House and Senate, it was ...more »

India Initiates $5 Billion Tax Penalty Against Cairn Energy
Bloomberg BNAApril 24, 2017

A retrospective 2012 amendment to India's Income Tax Act came after India's top court ruled that a 2007 offshore restructuring of assets between Vodafone Group and India-based telecommunications company Hutchinson Essar Ltd. wasn't taxable. Following ...more »

Our View: Property tax cut keeps money in the right place
Press HeraldApril 24, 2017

The Democratic proposals start with fully funding K-12 education at the level required by state law. That would deliver $150 million in sales and income tax revenue that would not have to be raised at the local level from property owners. They would go ...more »

Sen. Brock's proposal would further reduce corporate, income taxes
Salisbury PostApril 24, 2017

SALISBURY — It's not quite as drastic as the title suggests, but a bill moving through the state legislature would sharply slash corporate and personal income taxes by hundreds of millions of dollars. Senate Bill 325, also known by the title “Billion ...more »

End the Income Tax
TownhallApril 24, 2017

Tell President Trump to ask Congress to end the federal income tax so that you and I can reach our full potential for wealth. This weekend, President Trump tweeted that a: “Big TAX REFORM AND TAX REDUCTION will be announced [on] Wednesday.” This is ...more »

Most Countries Handle Income Taxes Better
Wall Street Journal (subscription)April 23, 2017

... of All Evil (at Least in the Tax Code)” (op-ed, April 18): Other countries use a sensible, logical system in which their revenue services prepare preliminary returns based on wage and investment figures that have been reported to them as required ...more »

White House officials offer conflicting details of Trump tax plan
Washington PostApril 23, 2017

Top Trump administration officials are giving out differing accounts of a tax plan that the president has promised will be released Wednesday, calling into question whether they have ironed out some of the most difficult components of any proposal ...more »

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