Fortune 500 has released its list of America’s largest corporations. They are: 1. Wal-Mart Stores 2. Exxon Mobil 3. General Motors 4. Chevron 5. ConocoPhillips 6. General Electric 7. Ford Motor 8. Citigroup 9. Bank of America 10. American International Group I thought it would be cool to compare this list with the top ten…
Conrad Black had a reason to believe this Friday 13th was unlucky. The 62-year-old member of the British House of Lords was found guilty of criminal fraud and obstruction of justice and now faces up to 35 years in jail, along with massive fines and forfeitures. He remains free on $21 million bond and was…
Well, only if you live in the UK. Our friends across the pond at Oxford University claim that charging VAT (Value Added Tax, sort of like a sales tax) of 17.5% on foods deemed to be unhealthy would reduce the number of heart attacks and strokes. The theory is that increased costs will slash consumer…
So, it’s been a fun week on taxgirl.com. There’s been lots of commentary about Murphy v. IRS – both on and off the blog. I’ve appreciated your comments and emails. I thought, in light of the ongoing discussions, I’d make it my “Fix the Tax Code Friday” question. Here we go: Should any court awards…
Many of my husband’s clients are likely breathing a sigh of relief this morning. He represents a number of German corporations who pay tax rates which are much higher than their European cousins – and generally much higher than companies in the United States. In order to compete in an increasingly global market, Germany has…
That’s right, according to the Tax Foundation, Pennsylvania ranks 28th in State Individual Income Tax Collections for 2006. The state collected just over $9 billion in income tax, averaging $725 per capita. The top state for collections? Connecticut. The lowest? Tennessee, ranked 43rd. Wait… There are 50 states, right? Alaska, Florida, Nevada, South Dakota, Texas,…
I will admit to being more than a little biased about film making in Pennsylvania. I love movies. I love movie stars. And the thought of both in my home state? Sigh. And yes, maybe it has to do with the dreams that I secretly harbored of becoming a movie star after I was an…
On July 4th, my husband and I did what hardly any parents I know do anymore: we went to the movies. That’s right. We braved the holiday crowds to see a movie. We figured that the early morning show would be empty – we were wrong. This movie (tops at the box office right now)…
It’s Getting To Know You Tuesday! Our guest today is blogger William Perez, who serves as a guide at About.com: Tax Planning: US. 1. Where are you now? I live and work in San Francisco, California. But physical location is becoming increasingly irrelevant in my profession. Most of the work I do is performed using…
I enjoy commentary on my blog posts, especially when those who are adding to the discussion have something to say – you know, actually adding to the conversation. I also don’t mind being corrected when I’m wrong. I don’t claim to be the sole expert on all things tax (though that does have a nice…