November 18, 2013 The following tax returns for the CIA’s venture capital firm In-Q-Tel, Inc. were collected from a number of sources including Bulk.Resource.Org. The returns span from tax year 2000-2011. A ZIP archive containing the returns from all years… Read More ›
Tax
Taxes in France top 100% of Income
Sunday, 19 May 2013 More than 8,000 French households’ tax bills topped 100 percent of their income last year, the business newspaper Les Echos reported on Saturday, citing Finance Ministry data. The newspaper said that the exceptionally high level… Read More ›
French president finds loophole to impose 75% tax on rich
Saturday, 30 March 2013 The 75% super-tax on the mega-rich, which was rejected by France’s constitutional court might be imposed anyway. French President Francois Hollande suggests laying the burden on businesses rather than on individuals. In the interview with France… Read More ›
Facebook pays no income tax
Feb 27, 2013 16:39 Moscow Time Photo: EPA It is known that America is the land of the free and the home of the brave. The only problem that the today’s America is the home of corporations which are free… Read More ›
Greeks’ purchasing power halved
Thursday, 07 February 2013 The purchasing power of Greeks has been halved, shows the survey of the Hellenic Confederation of Professionals, Craftsmen & Merchants (GSEVEE). According to survey results, 8 out of 10 Greeks have limited their shopping to… Read More ›
11 EU countries okay transactions tax
Jan 22, 2013 20:18 Moscow Time The finance ministers of 11 European Union countries supported the idea of a financial transactions tax at a meeting in Luxemburg on Tuesday. The agreement is yet to be finalized, but the key principles… Read More ›
Middle-class Greeks to fork out over 40% of annual salary in tax: ” in order to qualify Greece for more bailouts”
Published: 12 January, 2013, 17:20 Edited: 12 January, 2013, 18:31 Athens passed new tax increases to boost revenue by US$3 billion to keep in line with previous commitments to creditors. The new measures limit family benefits and force the middle… Read More ›
Major Data Breach in State Tax System : 3.6 million people and 650,000 businesses may have been compromised
By JACK BOUBOUSHIAN CHICAGO (CN) -South Carolina’s cyber-security contractor, Trustwave, let hackers into the state tax system, compromising the personal information of 3.6 million South Carolinians, taxpayers claim in a federal class action. Lead plaintiff Amber Strautins sued Trustwave Corp…. Read More ›
Spain’s tax take tumbles as companies go abroad: Spain’s corporate tax take has tumbled by almost two thirds from pre-crisis levels
Spain’s tax take tumbles as companies go abroad By Tracy RucinskiPosted 2012/10/03 at 8:00 am EDT MADRID, Oct. 3, 2012 (Reuters) — Spain’s corporate tax take has tumbled by almost two thirds from pre-crisis levels as small businesses fail and… Read More ›
France and Germany revive plan to tax financial markets
By Agence France-Presse Friday, September 28, 2012 13:26 EDT Topics: financial transaction ♦ France and Germany ♦ FTT France and Germany are bidding to revive a controversial financial transactions tax (FTT), seeking support from the European Commission and enough EU… Read More ›
German court rules Catholics must pay tax to remain in church
By Agence France-Presse Wednesday, September 26, 2012 12:41 EDT Topics: catholics ♦ roman catholics ♦ the Catholic Church A top German court ruled on Wednesday that Roman Catholics must pay their church tax in order to remain a member of… Read More ›
German bishops get tough on Catholics who opt out of church tax
Fri, Sep 21 2012 By Tom Heneghan, Religion Editor PARIS (Reuters)- Germany’s Roman Catholic bishops have decreed that people who opt out of a “church tax” should not be given sacraments and religious burials, getting tougher on worshippers who choose… Read More ›
Taxman’s ‘underhand’ ploy to charge larger fines (UK)
The taxman is “cynically” delaying informing businesses that they have been late to file their Pay As You Earn (PAYE) tax submissions in order to increase the size of penalty payments, according to an accountancy firm. HMRC said penalties are… Read More ›
Grieving mother ordered to pay $14,000 in taxes on the student loans that were written off after son’s suicide: Loans Forgiven by the Government are Considered Taxable Income by the IRS
Russell Friend, 22, committed suicide shortly before graduating from college His mother Regina had accumulated $55,400 in loans and interest to help him pay for school Those loans were forgiven by the government but IRS considers that ‘gift’ taxable income… Read More ›
Distortion in Tax Code Makes Debt More Attractive to Banks
By JESSE EISINGER, ProPublica Luke Sharrett for The New York TimesPresident Obama’s tax proposals note the tax code’s favoring of debt over equity, but do not offer specific fixes. Thanks to a leaked video, we know that Mitt Romney divides… Read More ›
Federal court allows top donors to tax-exempt groups to remain secret
By Eric W. Dolan Tuesday, September 18, 2012 17:03 EDT Topics: chris van hollen ♦ court of appeals ♦ FEC The D.C. Circuit Court on Tuesday ruled that tax-exempt groups like Crossroads GPS only had to disclose donors who give… Read More ›