Taxes

The licence fee could go, but be replaced by another unfair tax.

The Lone Voice (Free subscription) | yesterday

So the BBC’s director general admits that licence fee could be scrapped and maybe replaced with funding via council/income taxes/levy on electricity bills? Mark Thompson’s comments have been taken as an admission-that the growing use of new technology to watch programmes will make the licence fee obsolete. No, its not new technology that removes the telly tax, it is the very concept of...

• What do you make of the BBC’s... - Biased BBC
• The licence fee could go, admits BBC boss: Cost of watching TV might be put on council tax bill - Daily Mail News

Brown facing fresh 10p tax fight

Financial24 (Free subscription) | 6 hours ago

Prime Minister Gordon Brown could face a fresh backbench revolt over his 2007 decision to scrap the 10p bottom rate of income tax.A group of Labour MPs - led by Frank Field and Greg Pope - are threatening to block this year's entire Budget in a vote ...

Japan levies taxes on Amazons Japan business-media

Financial24 (Free subscription) | 11 hours ago

TOKYO, July 5 - Japanese tax authorities have told an affiliated company of Amazon.com to pay some $119 million in taxes for unreported income in Japan over three years to the end of 2005, the Asahi newspaper reported on Sunday . But the company s ...

Taxes at work

Slattsnews (Free subscription) | 14 hours ago

My street is typical of thoroughfares in our suburb — narrow, with room for only one moving vehicle when cars are parallel parked either side. Any rational person would consider that in the interests of road safety, the last thing a driver needs is another visual distraction. So what has the local council done at the [...]

IRS Eases Investment Rules for 529 College Savings Plans

Loan Arrangers Finance Blog (Free subscription) | yesterday

Saving for college is always difficult and is even more so during the current economic downturn. One of the most popular college savings plans are so called "529 plans." The IRS recently announced that participants in 529 plans will be able to change their investments more often in 2009 than in past years. The IRS will allow a change in investment strategy twice in 2009. This is good news...

• IRS Eases Rules for 529 College Savings Plans Easier - General Financial
• Investment Rules for 529 College Savings Plans: IRS Eases Rules - All About Loans Weblog
• See the 12 articles on the same subject

NYT: Tax appeals slam local governments

MSNBC.com: U.S. Life (Free subscription) | 15 hours ago

Homeowners across the country are challenging their property tax bills in droves as the value of their homes drop, threatening local governments with another big drain on their budgets.

• Tax Bill Appeals Take Rising Toll on Governments - New York Times
• NY Times: 'Tax Bill Appeals' - Calculated Risk
• See the 4 articles on the same subject

States to taxpayers: "IOU a tax refund"

Croker Sack (Free subscription) | 18 hours ago

When the government gets "first dibs" on your earnings through income tax withholding, guess what happens if the state decides it needs your money more than you do? That's right: you get stiffed . ATLANTA (AP) - Colin Daymude was out of work last year after his business failed and eagerly filed his taxes in mid-January, figuring he'd get his refund sooner. He was wrong. It took the 44-year-old...

• Many states slow to send tax refunds - The Eagle Business
• Much-needed tax refunds delayed from Ga. to Calif. - Another Pundit
• See the 4 articles on the same subject

EU scraps plan to tax phones with GPS, TV

MacBlender (Free subscription) | 12 hours ago

In some good news for local cell phone manufacturers, the European Union’s plan to introduce new taxes for handsets sold throughout Europe has been scrapped, says a Wednesday report. The new taxes would have raised prices customers pay for new phones and most likely lowered the sales numbers of an already falling market. The decision [...]

Property taxes: Appeals shoot up is King, Snohomish Counties

Seattle Times (Free subscription) | 13 hours ago

Assessors in both counties say the decades-long rise in home values followed by a sudden decline has made it unusually tough to appraise property.

Hundreds rally against taxes and big government

News from www.lacrossetribune.com (Free subscription) | 13 hours ago

Organizers were impressed with attendance Saturday at the second La Crosse area Tea Party to draw attention to lower taxes, smaller government and individual liberty.

ROC Fees paid for Increase in Authorised Capital is a Capital Expenditure [SC] – Income Tax Articles India

Phoenix - All in one Blog (Free subscription) | 13 hours ago

[1997] 225 ITR 792 (SC) SUPREME COURT OF INDIA Punjab State Industrial Development Corp. Ltd. v. Commissioner of Income-tax A.M. AHMADI, CJ. AND K. RAMASWAMY AND SUJATA V. MANOHAR, JJ. TAX REFERENCE CASE NO. 1 OF 1990 DECEMBER 4, 1996 JUDGMENT The question referred for decision reads as under: “Whether, in the facts and circumstances of the case, the Tribunal was right in law [...]

Cy-Fair struggles to balance school needs with low taxes

Houston Chronicle (Free subscription) | 13 hours ago

Superintendent David Anthony said the suburban district is trying to stay financially afloat and remain competitive for the best teachers.

Quantification of Remuneration in Partnership Deed – Income Tax Articles India

Phoenix - All in one Blog (Free subscription) | 13 hours ago

In Asstt. CIT v. Suman Construction (2009) 27 (II) ITCL 329 (Pune ‘A’-Trib), the assessing officer had noticed that the assessee had claimed salary to partners of Rs. 2,20,000. However, in his opinion as per the partnership deed filed along with the return in the past assessment year, there was no specification of this salary [...]

Anti-tax rally offers good return

L. A. Times Dodgers Blog (Free subscription) | 15 hours ago

Add taxes to the things I hate -- Valentine's Day, toll roads, pasta salad (not a pasta, not a salad). Now there's taxes too.

Towns consider new local taxes

Boston Globe (Free subscription) | 16 hours ago

Faced with steep cuts in state aid, some cities and towns are starting to consider adopting new local taxes on hotel rooms and restaurant meals to bring in additional revenue.

French Taxes on Sale of Building Land

ifp | 02/07/2009

The sale of building land in France incurs not only a potential liability to the payment of capital gains tax, but also to a development tax. The taxe sur la plus-value de cession des terrains nus rendus constructibles was introduced in 2007 and applies to the first sale of land that has been zoned for construction. The aim of the tax is to allow the local council to share in the additional value of...

Churchill's Family Law Firm in Britain's Biggest Fraud Scandal

carrolltrust | 29/06/2009

Goodman Derrick the Churchill family solicitors a major law firm in the city of london is the subject of serious criminal allegations of racketeering organized crime money laundering in Britain’s longest running largest organised criminal conspiracy and corruption case. The Carroll Foundation Trust one billion dollars “cross border” international crime case involves “named” partners of Goodman Derrick

Churchill's Family Law Firm Goodman Derrick in Fraud Scandal

carrolltrust | 29/06/2009

Goodman Derrick the Churchill family solicitors a major law firm in the city of london is the subject of serious criminal allegations of racketeering organized crime money laundering in Britain’s longest running largest organised criminal conspiracy and corruption case. The Carroll Foundation Trust one billion dollars “cross border” international crime case involves “named” partners of Goodman Derrick