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Tag Archives: tax

Apple's Record Repurchase Announcement is fueling the fear of tax reform

Last year, when President Donald Trump's massive tax plan was announced, experts immediately feared the worst of how companies would spend the extra money they soon had. They assumed that companies would choose to enrich their shareholders through repurchases and dividends rather than reinvesting in their business or creating jobs. Her fears were valid. In 2004, the last time a …

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Legislators vote on "dirty money" in British tax havens

U. K. Legislators are expected to vote on Tuesday for a legislative amendment that would force the government to push Britain's offshore tax havens to increase transparency in the fight against money laundering. In the face of defeat, Prime Minister Theresa May's government did not vote against a cross-party amendment to the Sanctions and Money Laundering Act designed to ensure …

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Facebook Australia Bullen AU $ 31m income tax adjustment by ATO

Following the signing of an agreement with the Australian Taxation Office (ATO) in October, Facebook was burdened with a $ 31.3 million tax adjustment related to its 2009 fiscal year The Securities and Investments Commission (ASIC), Facebook, paid AUD 42.4 million in income tax for the year ended December 31, 2017, of which AU $ 11.6 million was based on …

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Profit and sales increase when the tax rate drops

Google's business is buzzing, despite increasing privacy concerns. The parent company of Google announced on Monday that its profits. English: emagazine.credit-suisse.com/app/art … = 263 & lang = en $ 9.4 billion in the first three months of 2018, down from $ 5.4 billion a year earlier. The company's bottom line was aided by the continued strength of its ad sales …

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IRS blames Tax Day Problems on glitch in the file housing personal records

Internal Revenue Service's online tax collection systems did not fail on tax day due to a "hardware failure" in the part of the agency's operating system that contains taxpayer personal taxpayer information Malfunction of " The IRS 'Master File was discovered Tuesday at 4 am, the largest tax investigation day of the year. The impact of the problem spread because …

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The Supreme Court agreed on whether states should tax all online sales

South Dakota Attorney General Marty J. Jackley spoke to the US Supreme Court in Washington on April 17, 2018. The court heard oral submissions in South Dakota against Wayfair regarding whether states can levy sales taxes on sales in their jurisdictions of out-of-state online merchants. (Alex Wong / Getty Images) More than 40 states, the Trump administration, and three judges …

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IRS gives taxpayers a one-day extension of the tax return after the site crashes

A spokesman for Intuit's commercial Tax Preparator TurboTax said that the IRS's technical difficulties pertain to all tax preparers and tax returns. "Taxpayers should go ahead and prepare and submit their taxes as usual with TurboTax," said the spokesman "TurboTax has uninterrupted service and is available and accepts e-filed returns," she said. "We will hold the returns until the IRS …

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Trump's Tax Triumph – WSJ

17th April 2018 5:20 pm ET If historians were to puzzle over this strange presidency for a thousand years, they might one day finish the shooting James Comey was Donald Trumps the best hour. But it's hard to argue against the historic tax reform that he passed in December. With the Americans having to meet today's deadline for submitting their …

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Taxpayers who are renewed on the IRS website are experiencing technical difficulties on the tax day

CLOSE If the tax day fails you, remember that the laughter is free. Buzz60 IRS 1040 form and calculator (Photo: Getty Images) Burden on taxpayers who, due to an IRS computer problem, Failed to submit messages received some encouraging news. Tuesday: An extension is on the way. Finance Minister Steven Mnuchin gave this assurance as the notification deadline for the …

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Cuomo signs a tax bill in Westchester

CLOSE Gov. Andrew Cuomo offers a tax relief plan for New Yorkers to help them bypass new federal limits on state tax deductions. (Video by Mark Vergari / Lohud) Buy Photo New York State Governor Andrew Cuomo talks about a tax relief plan in New York at a performance at Teamsters Local 456 in Elmsford on April 17, 2018. (Photo: …

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