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Tag Archives: tax

Panama Papers: Four indicted in the US for fraud and tax evasion

In the US, four men were charged with fraud and tax evasion in connection with investigations into the leaked Panama Papers. Justice officials said the four men were "involved in a decades-long criminal system run by Mossack Fonseca." Mossack Fonseca was a law firm based in Panama, which was exposed to a massive breakthrough in 2016, the papers hiding Three …

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France suspends controversial fuel tax after weeks of turmoil

A car destroyed by students can be seen on 4 December 2018 near a technical school in Nantes (France). REUTERS / Stephane Mahe (Stephane Mahe / Reuters) James McAuley Foreign correspondent Focusing on French and European politics and culture 4. December at 07:29 PARIS – French Prime Minister Édouard Philippe announced on Tuesday that the French government would temporarily suspend …

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France announces suspension of fuel tax hikes that have led to unrest

The French Prime Minister is expected to announce a suspension of fuel tax hikes that have led to a violent protest movement, according to the French media. Edouard Philippe, the minister, is expected to announce the planned increase Le Monde and France Info Radio reported over several months. Philippe is also expected to announce other measures to alleviate tensions. The …

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Old tricks can cost you more with the new tax code

It's a new taxworld – as many will learn soon to their consternation. The tax code passed at the end of 2017 for this year has turned the tax world upside down, with old strategies no longer valid tax pros. "The biggest mistake people can make is to continue the old rules and strategies , Things have changed a lot, …

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Has the new tax law prevented people from working for charity?

A recent question for Giving Tuesday: Will the new tax law affect donations for charity? The Tax Cuts and Jobs Act, which came into force earlier this year, doubled the standard deduction. The standard deduction increased from $ 6,350 in 2017 to $ 12,000 for individuals and $ 12,700 to $ 24,000 for jointly married spouses. Non-profit organizations were concerned …

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The leading US taxpayer writes a tax bill for pension plans and the IRS

Tom Williams | CQ Roll Call | Getty Images The chairman of Ways and Means, MP Kevin Brady, R-Texas, is hosting a press conference on topics such as the GOP tax reform law after a meeting of the GOP conference on April 17, 2018. A Republican who will resign soon as Chairman of the US House of Representatives Tax Committee …

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US Tax Adviser Eyes Raid on Harry's Fortune | Royal | news

A US citizen living abroad, Meghan is still taxable in the United States until she gives up her American citizenship entirely and becomes British Citizen. But over the five years this will spend every penny borrowed from Tiara and the budgetary bill will be subsidized, scrutinized by the United States' stringent Internal Revenue Service. The financial burden could ruin Harry's …

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Rappler boss calls Filipino tax evasion fees as intimidation

Image copyright AFP / Getty Caption Maria Ressa, a former CNN journalist, Co-founder of the investigative news site in 2012 The CEO of the big Philippine news site, Rappler, said the BBC's tax evasion charges were "made" for criticizing the state. Maria Ressa denies the "ridiculous charges" and said that they intended to be "intimidation and harassment" journalists. The prosecutors …

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