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15 must read articles

Taxation News

Caterpillar used Swiss havens to avoid US tax: Senate

Washington - US Senate investigators have accused heavy equipment giant Caterpillar of hiding $8 billion in profits offshore in Switzerland to avoid US taxes.
In the Media by AFP

Japan shoppers see first sales tax rise in 17 years

Tokyo - Prices rose across Japan Tuesday as a controversial sales tax rise came into effect, with everything from beer to washing machines costing more, sparking fears a drop in consumer spending will derail a nascent economic recovery.
In the Media by Kyoko Hasegawa (AFP)

Japan shoppers see first sales tax rise in 17 years

Tokyo - The price of everything from beer and sushi to cars and dishwashers will rise across Japan Tuesday as shoppers are greeted by the first sales tax rise in 17 years, which has prompted fears of a drop in consumer spending.
In the Media by AFP

Japan shoppers brace for tax hike after years of deflation

Tokyo - Japan is bracing for its first sales tax rise in years, with last minute shoppers buying up a host of goods from gold to ice cream, as the government tries to tackle its crushing national debt.
In the Media by Kyoko Hasegawa (AFP)

US says Bitcoin is taxable as property, not a currency

Washington - The US tax authority on Tuesday ruled that Bitcoin will be taxed as property, like stocks or real estate, rather than as a basic currency like the dollar.
In the Media by AFP

Japan shoppers splash out the yen before tax rise

Tokyo - Tokyo resident Reiko Oguma is splashing out the yen in a last-minute buying spree as she and millions of Japanese shoppers brace for the country's first sales tax hike since the late 1990s.Oguma, a forty-something housewife, reckoned there was no time ...
In the Media by Kyoko Hasegawa (AFP)

Bayern Munich president Hoeness jailed for three and a half years

Munich - A German court on Thursday sentenced football legend Uli Hoeness, president of powerhouse club Bayern Munich, to three and a half years in jail for evading millions in taxes."In the name of the people, Mr Ulrich Hoeness is sentenced for seven serious c...
In the Media by AFP

Prosecutors seek 5 years' jail for Bayern Munich boss

Munich - German prosecutors demanded five and a half years' jail Thursday for Bayern Munich boss Uli Hoeness for evading millions in taxes.Prosecutor Achim von Engel sought the prison term for major tax fraud ahead of a verdict expected after 1300 GMT in a tria...
In the Media by Ralf ISERMANN (AFP)

Ex-Swiss banker pleads guilty in US tax evasion case

New York - A former banker of Credit Suisse Wednesday pleaded guilty to assisting US customers avoid taxes by hiding assets in secret Swiss bank accounts.Andreas Bachmann, a Swiss citizen, admitted that between 1994 and 2006 he engaged in a "wide-ranging" conspir...
In the Media by AFP

Bayern Munich boss Hoeness could face jail Thursday

Munich - German football legend Uli Hoeness, head of powerhouse club Bayern Munich, faces a verdict and possible jail term Thursday after he admitted in court to having evaded millions in taxes."If tomorrow there are no more applications to submit new evidence,...
In the Media by Ralf Isermann (AFP)
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The US Government is currently unable to appropriate anymore of your money  so some of its agencies ...
The US Government is currently unable to appropriate anymore of your money, so some of its agencies have been shut down.
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Taxation Blogs

Outraged at "nickel and diming"? What of the bigger money grab?

Bloated or not, if there's one thing the bureaucracies we pay to act in the public's interests seem have in common, it...
Jul 15, 2011 in  Canadian Politics by skeptikool - 4 comments

The Distributive Justice of the Market

The public outcry against executive pay and compensation followed disclosures of insider trading, double dealing, and...
Mar 8, 2011 by Sam Vaknin
 

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