…an IRS release announcing a reopening of the offshore voluntary disclosure program. See IR-2012-5. Under the new program, some taxpayers may be eligible for the 5 or 12.5% penalties but…
You hear from lots of people — including lots of economists — that they do. Because they’re monopolistic price-fixers, they distort economic decisions and make us all worse off. The…
by Linda Beale IRS proposes new innocent spouse procedures In a press release IR 2012-3 (Jan. 5, 2012), the IRS has issued Notice 2012-8 announcing a new revenue procedure updating…
…sometimes ends up paying for their losses along with the fired workers.) See the links provided in the posting yesterday on Romney’s reluctance to release his tax returns, which discuss…
…press release on November 29, praising Republican lawmakers from Florida who had joined in a letter, available here, opposing the bill. The claim is that eliminating the tax avoidance technique…
…from the Democratic governor of North Carolina and its Democratic Senator Kay Hagan). For other commentary, see also John Carney, Corporate Tax Holidays Might Not Create Jobs, CNBC (Oct 4,…
by Linda Beale Repatriation Tax Holiday–WIN America is pushing hard… I get a press release a day from WIN America, the coalition of almost two dozen multinationals and about two…
Think Progress carries quotes from the Presidential contenders and election slogans The release of this plan immediately spurred the natural Republican tax apoplexy, with the GOP presidential candidates decrying tax…
by Mike Kimel There’s a story going around in the news about a new prostate cancer drug. Here’s press release: A life-extending new drug to treat patients with advanced prostate…
…hand the figure over to government statisticians on the condition that officials will release only an aggregate number. The latest data show that multinationals cut 2.9 million jobs in the…