All posts tagged tax law
Bermuda Takeovers Halt After Tax Scrutiny
The IRS discourages bidders from partaking in offshore takeovers to receive inappropriate tax breaks. This scrutiny has caused potential suitors looking to acquire foreign reinsurers to back out from merger deals. Bermuda-based reinsurer, Montpelier Re Holdings Ltd., has admitted that […]
Tax Filing Trauma: Roundup of Rants, Insights and Critiques
So, anyone else still feeling exhausted, stressed and/or traumatized from tax filing last month? For those of you still reeling and wanting to vent about the American tax code, here are some of our favorite tax rants, critiques, and insights […]
Top Tax Issues in 2015
Top tax issues in 2015 It’s never a great indicator when the IRS commissioner is publicly concerned about an upcoming tax-filing period. Recent years have actually started with tax obligation uncertainty, which has actually resulted in postponed return processing as […]
When it comes to Job Creation, Texas Is in a League of its Own
Governor Rick Perry is fond of talking about the “Texas Miracle”- the way in which the state’s businesses have created jobs and attracted migrants from all over the country in the last decade or two. The data in Texas’s favor […]
4 Reasons the IRS Hasn’t Made a Decision about Bitcoin
Colleen Ahern Governments all over the world are struggling to determine how to treat Bitcoin in their tax systems. Norway and Germany have chosen not to treat Bitcoin as a currency, but instead to regard it as an asset upon […]
Beanie Baby Tycoon Fined Millions for Tax Evasion
Ty Warner was given two years of probation and 500 hours of community service for hiding his assets in a Swiss bank account. The creator of Beanie Babies toys, Warner avoided paying an estimated $5.6 million in taxes over the […]