CEO to Worker Pay Ratio
How companies compensate their employees and executives matters. For the last decade, corporate profits have continually hit record levels, but…
District Court Holds FBAR Nonwillful Penalty Is Per Form Rather than Per Account (6/30/20)
In United States v. Bittner (E.D. Tex. Dkt.4:19-cv-415 Dkt Entry 75 Order Dtd 6/29/20), CL Order here & CL Docket…
U.S. Brings Summons Enforcement Suit against Del. Dept of Insurance re Micro-Captives (6/23/20)
DOJ Tax has brought a summons enforcement suit against the Delaware Department of Insurance (“DDOI”) to obtain documents and testimony…
Corporate Elite, Not Workers, Cash in on Tax Cuts
When the White House and GOP leaders passed the unpopular Tax Cuts and Jobs Act, they promised the 40 percent…
Public Policy’s Role in Uneven Economic Opportunity
The U.S. middle class grew significantly during the 20th century in part because the nation put in place public policies (think…
Extradited E&Y Tax Shelter Enabler Sentenced (6/9/20/ 6/10/20)
I have often posted on the Government’s criminal prosecution of persons promoting abusive tax shelters. There were a number of…
Tax-News.com: UK Digital Tax Guidance Needed On Scope, Liability: CIOT
The Chartered Institute of Taxation has called on the UK Government to clarify questions remaining about the UK’s Digital Services…
The Myth of Individualism and Wealth-building
For far too long, some elected officials and the corporate-funded think tanks and special interests that back them have sought…
Swiss Financial Institution Clients May Have Claims for Hidden Fees (6/12/20)
I picked up this article, reporting that investors may have some relief for Swiss financial institutions receipt of hidden undisclosed…