Tax Law & Puppets? Stop The iPod Tax.
Here’s more about iPods and taxes… from a Canadian perspective… also from a puppet. Funky format to be sure. But really interesting points. Check it out!
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Pringles Successfully Argues That Their Snacks Are Not Potato Chips
A court in London has ruled that Pringles, the iconic snacks in the ubiquitous red tube, are not potato chips. Really. Apparently, there are not enough potatoes in Pringles to have them legally qualify as “potato chips” or “potato crisps.” That matters to the tax office because, in the UK, most food is exempt from a…
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International | IRS News | Prosecutions, Felonies and Misdemeanors | Taxes of the Rich and (In)famous
IRS Seeks Info On US Taxpayers Hiding Income
The Department of Justice issued a press release on Monday advising that it has filed court papers to allow the IRS access to request information from UBS AG about US taxpayers who may be using Swiss bank accounts to evade federal income taxes. The Times had previously reported that UBS might reveal up to 20,000…
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French TV Says “Non” To Subsidy Plan
President Nicolas Sarkozy of France has introduced a proposal to ban advertising from state-owned television channels. In the US, there are usually limitations on advertising on public television. Most public television in the US is financed through a mix of corporate and government contributions and donations of private individuals. However, in a number of countries…
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Ask The Taxgirl: Rebates & Foreign Jobs
Taxpayer asks: I am a US Citizen, living in Canada but commuting to the U.S. to work. I filed a 1040 for 2007. I’ve read that I am eligible for the Tax Rebate, however, I have not received either notification letter. In addition, according to the last 2 digits of my SS# my check should’ve…
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Ask The Taxgirl: Foreign Homes
Taxpayer asks: I would like to ask some tax related questions related to selling a house outside of the USA. We sold a house in Hungary, with all taxes paid there. There is documentation to prove this. Would there be a tax liability in the USA if the money from this sale would be brought…
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Will UBS Name Names?
Will UBS name names as part of an ongoing investigation into its offshore accounts? Maybe. The Times is reporting that UBS may reveal the names of up to 20,000 of its American clients as part of the investigation into alleged “tax irregularities.” A spokesman for UBS has, of course, declined to comment. The US government…
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Federal Judge: Mostly Charitable Intentions, Not Jihad
A federal judge has thrown out the conviction and ordered the release of Samir Al-Monla, a former Islamic charity leader. Al-Monla was immediately released. The same judge, US District Court Judge Dennis Saylor IV, partially overturned the sentence against two others, Emadeddin Muntasser and Muhammed Mubayyid, ruling that prosecutors failed to prove conspiracy and tax-related…
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Carbon Tax Opposition Fires Back
There were some pretty strong opinions on my prior post regarding the proposed carbon tax in Canada. It was great to hear from both sides of the argument. If you’re interested in more information about the carbon tax poll – and why it might not be a great idea – check out this post from…
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Canadians Support Carbon Tax, Eh?
A new study suggests that Canadians may be in support of a “carbon tax” on activities that cause climate change. The McAllister Opinion Research survey, commissioned for the Pembina Institute, revealed that Canadians would not expect such a tax to offset current taxes and would, instead, prefer that the revenue be used to improve energy…