…under the Multilateral Competent Authority Agreement (MCAA). Country-by-country reporting, the brainchild of noted tax reformer Richard Murphy,* is a principle that makes it possible to detect tax avoidance by requiring…

by Linda Beale Romney’s CRUT Tax Shelter\ The Bloomberg press has looked further at Romney’s use of trusts and other arrangements to avoid taxes, using Freedom of Information Act requests…

by Linda Beale Senate Dems unveil their tax cut proposal Senate Democrats, led by majority leader Harry Reid, unveiled a $26 billion tax-cut bill on March 26, 2012. See, e.g.,…

by Linda Beale Public Transit Benefit was down, is now up again (in Senate) One of the tax provisions that lapsed last year was a very popular tax expenditure supporting…

…estate taxes to determine the change in the total federal taxes for the various quintiles under Romney. Who would have federal tax increases under Romney? Not the rich who have…

…rate of tax when they are taxed, even below the number subject to the tax in 2009. It includes the usual “patch” for the AMT for two years, and various…

…tax rates and the growth rates associated with those higher tax rates. 2. Prior to Reagan, the public was more accepting of the idea that tax rates should be higher….

…compared to 2009’s 9.9%). That’s using as a benchmark the tax laws as written–i.e., no additional “patch” for the alternative minimum tax (AMT) and no changes to the Bush tax…

…on new Schedule UTP on uncertain tax positions for taxpayers with assets of $10 million or more. The release, Ann. 2010-30 [Download Ann.2010-30. uncertain tax positions], invites comments and indicates…

by Linda Beale This is one of those weeks when almost everything has a tax angle. Let’s survey. Michael Jackson’s funeral Should taxpayers have to foot the bill for the…