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Central Board of Direct Taxes to hold high-level tax collection meeting next week
The Times of India
18 Dec 2014
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The newly-constituted CBDT will hold its first meeting next week to review revenue collection work under the direct taxes category which includes income tax and corporate tax ... The CBDT has six members apart from the chairperson and is responsible for framing policy and administrative issues related to direct taxes and the Income Tax department....
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Clearwater Analytics Rolls Out Enhanced Tax Portfolio Accounting and Reporting Functionality (Clearwater Analytics LLC)
noodls
18 Dec 2014
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A wash sale report that allows companies to identify transactions involved in wash sales and confirm the subsequent tax accounting treatment (e.g., amount of loss deferred) Tax-to-GAAP and tax-to-STAT comparison reports to compare the accounting values between the tax basis and GAAP or STAT bases, including identification of which components of the ......
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Event to promote awareness of tax issues for foreign residents
Kathimerini
18 Dec 2014
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Specialists of the General Secretariat of Public Revenue will present the tax obligations in Greece of Residents Abroad as well as Repatriates and will analyse relevant and interesting topics such as.. ACQUISITION OF INCOME IN GREECE ... · World Income....
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Statement: Allowing tax cut to trigger is supremely irresponsible (Oklahoma Policy Institute)
noodls
18 Dec 2014
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It is supremely irresponsible to move forward with an income tax cut that will do little to nothing for most Oklahoma families at the same time as we face a nearly $300 million budget shortfall for next year ... will not see any tax reduction, and the average tax cut for middle-income families will be just $30....
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The IAASB Continues Focus on Audit Quality and Strengthening Public Confidence in Financial Reporting in Its New Strategy and Work Plan (IFAC - International Federation of Accountants)
noodls
18 Dec 2014
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IFAC - International Federation of Accountants) The IAASB Continues Focus on Audit Quality and Strengthening Public Confidence in Financial Reporting in Its New Strategy and Work Plan ... The IAASB develops auditing and assurance standards and guidance for use by all professional accountants under a shared standard-setting process involving ......
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Krannert tax expert offers end-of-year tips (Purdue University)
noodls
18 Dec 2014
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- It may be the busy holiday season, but it's also the season to carve out some time for last-minute tax preparations ... He points out that the contribution must be paid in the tax year ... * Start or make additional contributions to a traditional IRA account. This is separate from contributions to a 401k retirement account and is subject to income restrictions....
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SEBI probing listed shell companies’ role in helping tax evaders
The Times of India
18 Dec 2014
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"Some days ago, Sebi had passed an interim order against several entities for misusing the stock exchange system to convert unaccounted income into accounted money ... in the securities market for allegedly misusing the stock exchange system to generate fictitious longterm capital gains for converting their unaccounted income into accounted one....
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John Hancock Tax-Advantaged Dividend Income Fund Renews Share Repurchase Plan
StreetInsider
18 Dec 2014
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Visit StreetInsider.com at http.//www.streetinsider.com/Press+Releases/John+Hancock+Tax-Advantaged+Dividend+Income+Fund+Renews+Share+Repurchase+Plan/10107657.html for the full story. ....
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Barrick to suspend operations at Zambian mine on tax increase
Reuters
18 Dec 2014
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The new tax regime, expected to go into effect on Jan, 1, eliminates corporate income tax, but imposes a 20 percent gross ......
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Illinois brothers plead guilty to US tax fraud>
San Francisco Chronicle
18 Dec 2014
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... to file false federal corporate income tax returns from 2006 through 2010....
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Congress Extends Tax Break for Troubled Homeowners, But Headaches Aren't Over
Yahoo Daily News
18 Dec 2014
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With the passage of the "tax extenders" legislation Tuesday night by the Senate, Congress has given taxpayers one more year to exclude canceled debt from their income when filing their 2014 tax returns, as long as that forgiven debt arose from the loss or sale of their principal home ... Taxes on 'Phantom' Income....
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UPDATE 1-Barrick to suspend operations at Zambian mine after tax increase
Reuters
18 Dec 2014
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(Adds details, background) ... The Toronto-based miner had said it would consider such a move if the legislation passed. The new tax plan, expected to go into effect on Jan. 1, eliminates corporate income tax, but imposes a 20 percent gross royalty on revenue without considering profitability. "The introduction of this royalty has left us with no choice but to initiate the process of suspending operations at Lumwana....
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McNeely: Time for truth in taxes, budget
Longview News Journal
18 Dec 2014
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One person outlining some of his thoughts about money, where it comes from, and where it goes, is incoming Republican Gov ... “I’ve outlined a detailed plan that will ensure that we add $4 billion more per year for building roads in this state without raising taxes, fees or tolls,” Abbott said Dec ... It diverts half the tax income to TxDOT, instead of the Economic Stabilization Fund, or rainy day fund, where it now goes....







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