Euro Tax Haven Threat

Media reporting of a new EU savings tax directive has left many people wondering whether European tax havens could soon become obselete.

The July directive requires banks throughout Europe, including low and no tax areas such as Gibraltar, Monaco, Malta and Andorra, to disclose bank account owner information to their home country's tax authority.

But Roger Munns, Managing Director of tax haven property specialists Tribune Properties, says that some of the reporting has been less than accurate.

'The purpose behind this directive is primarily aimed at those who hold illicit funds, such as drug dealers, who will need to look outside of the European banking system to place large cash deposits. The main attraction of Monaco and Andorra is the zero per cent income and inheritance taxes, and this remains intact and there are no plans whatsoever to change this'.

Monaco and Andorra have long been favoured destinations for the well to do, but with new technology allowing businessmen and women to run their offices from anywhere in the world, operating from low tax bases has seen added interest for Europe's primary tax havens, doubling property prices in the last ten years.

Both Monaco and Andorra are outside the EU, and their signing of the directive voluntarily is often overlooked in the media's analysis of any effects on the two small countries long term popularity.

Property prices have risen steadily over the last decade, often topping ten per cent a year, but this year has seen a slow down of that increase.

Property Price Uncertainty

Both Monaco and Andorra's property prices have seen a levelling off this year, according to Tribune Properties, but say this can be explained by factors other than the new EU directive. Tribune say that in Monaco the passing of Prince Rainier earlier this year cast a shadow over the Principality, while in Andorra the local market has slowed as Andorrans struggle to keep up with the price of property, fuelled by buyers from around the world seeking residency.

Two other factors have contributed to the slow down in the first half of the year which could be reversed in the second half ? the absence of UK buyers awaiting the outcome of their election in May which saw the Labour Government returned for a historic third term with Tony Blair as Prime Minister and possible tax rises in the pipeline, and buyers holding US dollars who were hit by the rise in value of the Euro ? which has now peaked following the EU Constitution 'No' votes in France and The Netherlands in June.

Both Andorra and Monaco require new residents to live there for six months a year to maintain their residency (but Andorra doesn't police this once residency is granted). Andorra property prices start from just over 200,000 Euros for a one bedroom apartment, while Monaco is more expensive with one bedroom apartments from around 600,000 Euros.

Tribune Properties offer details of properties for sale in both Andorra and Monaco. For Andorra property visit http://www.propertyandorra.com, for property and real estate in Monaco and Monte Carlo visit http://www.monacoproperty.net. Property in Malta is also available at http://www.maltaproperty.info

In The News:

Albany Closes a Loophole for Trump Pardons. Next Up: His Taxes.  The New York TimesThe Legislature is poised to pass a bill that would allow three congressional committees to seek the release of President Trump's state tax returns.
U.S. states cheer April income tax deluge but analysts urge caution  ReutersApril, typically a big revenue month for U.S. states that levy personal income taxes, was especially robust this year, making up for subpar collections in prior ...
CBDT wants shell cos ‘revived’ to collect pending taxes  BusinessLineIncome-tax authorities do not want to let go the revenue dues owed by shell companies that have been deregistered by the Ministry of Corporate Affairs (MCA).
Why a Tax the U.S. Hasn’t Embraced Has Found Favor in Much of the World  The New York TimesValue-added taxes are popular in many countries, especially those that are less affluent. The great advantage is a built-in feature that deters tax evasion, ...
California (Poverty And Taxes) And Texas (Jobs And Freedom): A Few Key Comparisons  ForbesComparisons between the two most-populous states (California and Texas) are useful because both states have diverse populations and economies, but vastly ...
View: Modi has failed to end India's tax terror  Economic TimesOverseas investors would like PM Modi to fulfill his 2014 pledge to make the tax system less capricious.
Which states have the highest and lowest property taxes?  USA TODAYHow much you pay in property taxes often comes down to which side of a county, city or district line you're on. And if you're a homebuyer this spring, it's another ...
Indian residents can get credit of taxes paid outside country while filing ITR  LivemintCan a resident of India accept compensation in US dollars by a foreign organisation in India on a monthly basis? How will it impact his or her income tax returns ...
Budget corporate tax cuts depend on LS outcome: Sources  Economic TimesThe government had assured industry of fulfilling its earlier promise of lowering the corporate tax rate in the full budget in July if it is voted back to power.
Homeowners Protesting 'School Tax'  CityNews VancouverPoint Grey home owners are protesting over increasing taxes, specifically the school tax this evening. Tom Walsh explains. May 21, 2019, 6:23 PM. AddThis ...
Highest — and lowest — property taxes in the US: Find out where your state stands  Fox BusinessIt's one of the biggest downsides of owning a home — paying property taxes.
Low-Income College Students Are Being Taxed Like Trust-Fund Babies  The New York TimesWASHINGTON — A little-noticed provision in President Trump's sprawling new tax law is treating middle- and low-income college students as if they are ...
Trump Accidentally Raised Taxes on the Children of Dead Veterans  New York MagazineAn ill-considered provision in Donald Trump's signature law hiked taxes on the survivor's benefits of Gold Star families, and low-income students' college ...
The 3 New Tax Law Deductions You Probably Missed This Tax Season  EntrepreneurEntrepreneurs can "save way more money and pay way less taxes" in 2019. But first they have to understand the new deductions.
Lamont’s first budget could hinge on progressive taxes  The CT MirrorGov. Ned Lamont's goal of completing his first state budget on time could be stymied by his reluctance to order taxes aimed specifically at Connecticut's ...
Those Who Didn't Pay Taxes In Their Day Will Now Have To Pay For Medicare  ForbesBack in the early days of my career, a friend, in his early 30s, had a government job. Tom heckled me a bit because he was not paying Social Security taxes and, ...
That $367 million Mega Millions jackpot comes with big tax bite  CNBCBefore the winner would even get a dime, more than $54 million would be withheld for federal taxes. Much more would likely be due at tax time.
Robert Smith will pay Morehouse graduates’ student loans. Who will pay the tax bill?  The Washington PostGetting something for free in America can still end up costing you something. Those “free” T-shirts that credit-card companies give to college students can ...
Samsung's Founding Family Faces a $7 Billion Estate Tax  BloombergThe lives of the rich and famous are news fodder everywhere. But in South Korea it's an expected death that has the country enthralled. The country's wealthiest ...
How Loopholes Help Trump and Other Real Estate Moguls Avoid Taxes  The New York TimesDonald Trump reported more than $1 billion in real estate losses on his tax returns from 1985 to 1994, The New York Times revealed this week. Those losses ...
Hotels, realtors move Delhi HC over Input Tax Credit issue  Economic TimesA writ petition was filed in the Delhi High Court on Monday, challenging a change in the GST framework this year, whereby input tax credits were denied.
Soda Taxes Are a 'No-Brainer' for Public Health, Says the Author of a New Study on Them  TIMEA new JAMA study suggests taxing sugary drinks really can make people buy fewer of them, potentially translating to better public health. Taxes on soda and ...
Tax overhaul means some Gold Star families paying much higher taxes on survivor benefits  CNNWashington (CNN) President Donald Trump's tax overhaul is forcing some military families to pay thousands of dollars more in taxes on their survivor benefits, ...
Profitable Giants Like Amazon Pay $0 in Corporate Taxes. Some Voters Are Sick of It.  The Indian ExpressIn Ohio, where companies like FirstEnergy and Goodyear pay no federal corporate taxes, Democrats haven't figured out how to leverage anxiety over income ...
Did the Texas Legislature accidentally imperil billions of dollars in business taxes?  The Texas TribuneIn their effort to make a future state income tax all but impossible, Texas lawmakers used terminology that experts believe could inadvertently gut the state's ...
What is tax liability if I surrender my insurance policy before maturity?  Economic TimesIf you surrender the policy and opt out of the annuity scheme, the entire sum received by you from the insurance company will be treated as income.
Tax optimiser: Salaried Shanker can save more tax if employer contributes to his NPS  Economic TimesNot only should you ask your employer for the NPS benefit, but you should also invest in the scheme on your own. You can reduce your tax outgo significantly.
Viewpoint | The quick and simple tax filing guide for NRIs - FY19  MoneycontrolLovaii Navlakhi. Tax filing season is here and everyone is getting ready with their documents and financial details for the same. However, there is one question ...
Donald Trump said he won in 2016 because he didn't release his taxes. Nope!  CNNOn Saturday, President Donald Trump tweeted this:
Tuesday Could Be the Beginning of the End of Philadelphia’s Soda Tax  The New York TimesA slew of opponents of the tax are running in the city's election Tuesday and beverage industry has spent more than $600000 on ads aiming to turn public ...
The tax cut that isn't  The CT MirrorGov. Ned Lamont's administration has become a master in the art of the “float,” publicizing a suggested new policy and then waiting to see public reaction before ...
Directorate General of GST Intelligence issues notices to auto ancillaries over tax evasion  ETAuto.comMumbai:The Directorate General of GST Intelligence (DGGSTI), intelligence arm of the indirect tax department, has issued notices to multiple ancillary ...
The law is clear: Congress should get Trump's tax returns  CNNMichael Zeldin, a CNN legal analyst, has served as a federal prosecutor in the Criminal Division of the US Department of Justice and was a special counsel to ...
5 Takeaways From 10 Years of Trump Tax Figures  The New York TimesThe Times obtained details from a decade of the president's tax returns, revealing $1.17 billion in business losses. Here's what else the numbers show.
N.J.’s Revenue Surprise Deepens Divide Over Millionaire’s Tax  BloombergNew Jersey's budget discord deepened as a key blocker of Governor Phil Murphy's proposed millionaire's tax also disagreed with his fellow Democrat's plans for ...
HC allows input tax credit under GST regime to realtor making shopping mall  Business StandardThe Orissa High Court has resolved an important issue of blocked credit under the goods and services tax (GST) regime for real estate companies constructing ...
IRS to auction off hundreds of gold, silver coins seized from tax evader  Fox BusinessThe IRS is set to auction off some valuable assets this week that were seized from a person who failed to pay taxes to the agency over a number of years, ...
Heres how the new Form 16 will change income tax return filing this year  Business StandardForm 16 is issued annually, by an employer to an employee as a proof of salary paid and taxes deducted on it. It has two parts i.e., Part A and Part B as ...
N.Y. Lawmakers Move Closer to Allowing Release of Trump’s State Tax Returns  The New York TimesAs a standoff builds in Washington over the president's federal tax returns, New York's Legislature is moving quickly to allow the release of Mr. Trump's state ...
Netflix tax: Chicago successfully taxes streaming services  CBS NewsFour years ago, Chicago imposed a 9% tax on streaming entertainment services, leading to a flurry of lawsuits. Now, the city has collected $2 million in sales tax ...
Tumakuru City Corporation officials visit citizens’ homes to collect taxes  Times of IndiaAt a time when city corporations across the state are struggling to step up tax collections, a young IAS officer, T Bhoobalan, is changing the rules o.
Committee rejects proposed tax on water bottler Poland Spring  Press HeraldAUGUSTA — A legislative committee voted resoundingly Tuesday to reject a bill that would have charged Poland Spring 12 cents for every gallon of water the ...
A Tax That Could Fix Big Tech  The New York TimesPutting a levy on targeted ad revenue would give Facebook and Google a real incentive to change their dangerous business models.
Churches sue Texas city, accusing it of targeting them with ‘illegal’ tax  Fox NewsMultiple Texas churches are suing the town of Magnolia for targeting the religious tax-exempt organizations with excessive water fees.
Sandals Resorts 'operated tax fraud scheme by charging guests 12% tax rates but pocketed the cash'  Daily MailSandals is accused of charging guests 12% tax rates but instead of handing over the money, the funds are 'secretly retained by Sandals for its own profit', ...
AAR allows input tax credit by debt settlement under GST regime  Business StandardCompanies can claim input tax credit (ITC) under the goods and services tax (GST) regime even if the liability to pay for inputs between them, including tax, ...
Simple Move Can Boost Your Estate-Tax Exemption  Barron'sWhen one spouse dies, the survivor can inherit the deceased spouse's estate-tax exemption.
How Vanguard Patented a Way to Avoid Taxes on Mutual Funds  BloombergControversial heartbeat trades help the funds avoid taxable gains.
We don’t know what Trump’s tax returns are hiding. But the hints are troubling.  The Washington PostWhen you look at the short span of President Trump's political career, one question jumps out: How much of his craziest, most paranoid and norm-violating ...
Senate Republicans really don’t want to raise taxes to pay for an infrastructure plan  Vox.comSenate Republicans aren't exactly pleased with the deal that Donald Trump is trying to make on infrastructure. Their concern? The $2 trillion price tag is just too ...
Trump’s Tariffs Are a New Tax on Americans  The New York TimesPresident Trump's new tariffs on Chinese imports, which took effect at 12:01 a.m. on Friday, are taxes that will be paid by Americans. That is a simple fact, and it ...
Actually, this federal government has raised taxes on Canada’s middle class  The Globe and MailCanadians pay more taxes today than they did four years ago, and many are becoming more dependent on government and other people's money.
Mnuchin refuses to turn over Trump taxes to House Democrats  CNNTreasury Secretary Steven Mnuchin on Monday denied a request from House Democrats for access to six years of President Donald Trump's personal tax ...
Decoding income tax exemptions  LivemintEET stands for exempt-exempt-taxable where an investor can receive two exemptions on investments.The last exempt implies that lump sum amount received at ...
Utah legislative leaders say state's tax structure, not revenue, is the problem that needs fixing  Salt Lake TribuneThree months after walking away from an urgent effort to expand taxes on *service*-oriented business, Utah lawmakers have changed their messaging — from an ...
Not taxing e-transmissions costs India $500m annually  Economic TimesGENEVA: India's potential loss of revenue by not taxing electronic transmissions is around $500 million every year, a research paper by the United Nations ...
Pay No Taxes On Millions? Like Harry Macklowe, Try Real Estate  BloombergReal estate is a cyclical business. Markets crash. Deals sour. But hard landings are rare for a savvy property mogul, thanks to the U.S. tax code. Take Harry ...
Next govt should abolish MSP in 3 years, cut corporate tax to 5 per cent: Economist Surjit Bhalla  Economic TimesNEW DELHI: The next government should reduce corporate tax by 5 per cent, should expand income support scheme, abolish the minimum support price (MSP) ...
You may pay tax on FD interest income at accrual stage or when bank pays up  LivemintDividend income from mutual funds in India is exempt from income-tax in India. .Interest income from FDs in bank accounts in India is taxable in India.
Edmonton puts 2019 property tax bills in the mail  Edmonton JournalPayments are due by June 30, and property owners can pay at most financial institutions, in person at Edmonton Tower, or by telephone, online banking, or mail.
Switzerland Votes ‘Yes’ to Being Tax Home for Big Business  BloombergSwitzerland approved an overhaul of the corporate tax code, choosing to stay an attractive base for companies like Procter & Gamble, Vitol SA and Caterpillar ...
New Robe, Who Dis? Trump’s Tax Appeal Is Going to a Court Headed By ... Wait for It ... Merrick Garland  The RootSen. Patrick Leahy,left, (D-Vt.), ranking member of the Senate Judiciary Committee, meets with then-U.S. Supreme Court Justice nominee Merrick Garland (R) in ...
How is long-term capital gains tax on sale of property calculated  Economic TimesThe CII of 2019-20 has yet not been announced. To arrive at the capital gain, you will have to reduce the indexed cost of acquisition from the selling price.
Tax cuts: Scott Morrison’s $1080 election promise delayed by a year  NEWS.com.auPrime Minister Scott Morrison has been forced to admit his key election promise, offering Aussies a $1080 tax cut, could be delayed by a year as formal ...
Steven Mnuchin Refuses to Comply With Subpoena for Trump’s Tax Returns  The New York TimesWASHINGTON — Treasury Secretary Steven Mnuchin on Friday refused to comply with a congressional subpoena to hand over President Trump's tax returns, ...
NY lawmakers revise bill to allow Congress to obtain Trump taxes, vote expected Wednesday  NBC NewsThe New York state Assembly made multiple changes over the weekend to a prominent bill aimed at helping Congress obtain Trump's state tax returns.
I-T dept again defers GST, GAAR reporting in tax audit report till March 2020  MoneycontrolThe reporting requirement of these details in income tax audit form has been kept in abeyance till March 31, 2020 -- meaning that all income tax audit reports ...
Holyoke mayor wants residents to vote on raising city's property taxes  WWLP.comMayor Alex Morse wants to cover the cost with a proposition two-and-a-half override, which would increase residential and commercial tax rates for around 30 ...
How much tax you pay on debt MF, NSC, Senior Citizen Savings Scheme investments  Livemintequity investments tend to give higher returns than all other asset classes over the long run, but they are also riskier in nature.One must also pay heed to the ...
Looking to save tax? Here are 7 ways to take charge of your investments  The News MinuteWe are in a new financial year and it's the time to file taxes. Along with it, it is now the perfect time to plan your finances and tax-saving options. So, if you are ...
Treasury Delays Decision on Whether to Release Trump’s Tax Returns to May 6  The New York TimesWASHINGTON — Treasury Secretary Steven Mnuchin again delayed a decision on whether to turn over President Trump's tax returns to Congress, telling ...
Dividends from equities are tax-free for investors  Economic TimesDilip Lakhani Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
New York, California get 'aggressive' when residents try to flee high taxes  Fox BusinessExperts say some high-tax states make it difficult for residents to change their domicile.
Belmar taxes showing sharp rise after years of flat taxes  Asbury Park PressBELMAR - Taxes to pay for town services are going up 21.7% under a budget set for a vote Tuesday night. That's the first tax hike in Belmar in more than seven ...
ITR filing FY19: Step-by-step process to file income tax return online  Times NowNew Delhi: If you have gathered all the required documents for filing an income tax return then you should not wait for the last date to file the return. Though the ...
They Got Rich Off Uber and Lyft. Then They Moved to Low-Tax States.  The New York TimesMeet the semiretired millennials who left California for low-tax, low-stress places like Texas, as their former start-ups stampede toward the stock market.
Myrtle Beach business owner charged with evading thousands in taxes  Myrtle Beach Sun NewsA Myrtle Beach man was arrested and charged with evading to pay more than $17000 in state taxes. The SC Department of Revenue arrested Christopher ...
GST filing to get simpler! New single tax returns form to be rolled out in July  Business TodayThe new simplified returns filing format, approved by the GST Council last July, is finally ready to be rolled-out after being deferred twice.
US Income Tax Payers Can Now Get Refunds in Bitcoin  CoinDeskIncome tax payers in the U.S. now have the option to receive their federal and state refunds in bitcoin. Blockchain payments processor Bitpay announced the ...
Raleigh city manager wants to hold the line on taxes. Here’s what’s in his plan.  Durham Herald SunRaleigh City Manager Ruffin Hall's recommended billion dollar budget does not include a property tax rate increase. Raleigh City Council received the budget ...
OPINIONISTA: To rekindle economic growth, ease the tax burden on South Africans  Daily MaverickSouth Africa's government is large, inefficient, wasteful and corrupt. Since governments cannot create wealth, they depend entirely on the taxes raised on ...
Before you file your tax return, note the key changes in Form 16  Business StandardForm 16 is the annual salary TDS certificate issued by an employer to an employee. The Central Board of Direct Taxes (CBDT) has notified amendments in Form ...
Polis, Democrats will seek voter approval to boost nicotine taxes to raise money for education and health care  The Colorado SunA last-minute proposal pushed by Gov. Jared Polis and key Democratic lawmakers will ask voters to increase cigarette taxes and add a new tax on nicotine used ...
Japan Chief Cabinet Secretary Says Sales Tax Hike Won't Be Linked to Elections  BloombergJapanese Chief Cabinet Secretary Yoshihide Suga said the government doesn't plan to link a sales tax hike set for October with an election, drawing a contrast ...
Raise taxes on firms that harm nature, OECD tells G7 countries  The GuardianGovernments need to ramp up investment in nature restoration and raise the tax burden on companies that degrade wildlife, according to recommendations ...
Military families slammed by Trump tax reform demand changes  CNNPresident Donald Trump has long touted the advantages of his 2017 tax reform bill, but Republicans are now under fire for one of the bill's overlooked ...
Airbnb contributed $24 million in taxes to North Carolina  WITNEASTERN NORTH CAROLINA, NC (WITN) - The company that put booking stays in other people's homes on the map is reporting its contributed $24 million in ...
Things you must keep in mind while filing income tax returns this year  Business StandardTax filing may seem scary at first due to lack of adequate knowledge about required documents and the filing process, it actually is an easy and swift procedure if ...
Documents required for filing ITR  Economic TimesThe government has notified the income tax return (ITR) forms for FY 2018-19. This means that you can now start collecting the documents need to file your ITR ...
Senate passes bill to undo tax increase on Gold Star military families | TheHill  The HillThe Senate on Tuesday passed a bipartisan bill to fix an issue where the 2017 GOP tax law raised taxes on military survivor benefits received by children, a sign ...
Utah man who claimed he was not subject to Utah tax laws gets prison sentence  KSL.comA West Valley man who was convicted of not paying state income taxes because he declared himself as a sovereign nation, then skipped his sentencing hearing ...
Welsh workers pay Scottish income tax in payment mix-up  BBC NewsA number of workers in Wales have paid the wrong amount of income tax after Scottish rates were applied instead. HMRC have not said how many workers ...
Treasury's Mnuchin misses congressional deadline to hand over Trump...  ReutersU.S. Treasury Secretary Steven Mnuchin failed to meet a final congressional deadline on Tuesday for turning over President Donald Trump's tax returns to ...
Tax queries: Sections 54, 54F deductions available only for LTCG  Economic TimesDilip Lakhani Senior Chartered Accountant, answers queries from our readers on income tax and other levies.
4 Smart Ways To Minimize Taxes On 401(k) Withdrawals  ForbesMost people look forward to retirement as a golden age free of frustrating work commutes, early wake ups and other exasperating downsides of the daily grind.
Century Files State And Federal Taxes Months Late, Amasses Thousands In Fees And Penalties  NorthEscambia.comNorthEscambia.com has learned the Town of Century has been months late in filing and paying state and federal taxes, despite numerous notices and collection ...
Jobs, taxes: When a prison closes, a community worries  Jackson Clarion LedgerThe end of a federal prison contract at the Adams County Correctional Center, with its 389 employees and an annual payroll of $16.4 million, will be a blow to ...
Millionaires Flee Their Homelands as Tensions Rise and Taxes Bite  BloombergThe world's wealthy are increasingly on the move. About 108,000 millionaires migrated across borders last year, a 14 percent increase from the prior year, and ...
How the GOP dossier chase may help House Democrats get Trump's tax records  CNNWashington (CNN) In the end, Congress will almost certainly get President Donald Trump's financial records -- and Republican efforts to investigate the ...

What is a Federal Tax Lien?

A Federal Tax Lien (FTL) is a legal instrument that... Read More

Small Business Tax Credit - Americans with Disabilities Act

Many small businesses complain when confronted with the expense of... Read More

Income Tax Returns Your Accountant Should Not File

You've been feeling uneasy (perhaps even guilty) because you've failed... Read More

Render Unto Caesar

Once a year Canadian taxpayers are required, by law, to... Read More

Tax Time Tune Up

Excerpted from the new book, "How to Do Space Age... Read More

Reducing Taxes Through Dividend-Salary Mix Calculations

Should I take wages or dividends from my privately owned... Read More

Take Control of Your Taxes

As everyone in the U.S. knows, we have just passed... Read More

State Tax Information

All states also have their own tax system. Typically there... Read More

How Home-Based Businesses Can Avoid Giving Uncle Sam More than His Share

How Home-Based Businesses Can Avoid Giving Uncle Sam... Read More

Organizing Your Taxes

Does this scene sound familiar? It's April 7. You haven't... Read More

IRS Obtains More Than 100 Injunctions Against Tax Scheme Promoters

The IRS has obtained civil injunctions against more than 100... Read More

Employment Taxes ? What Are They?

If you have employees, you are responsible for paying a... Read More

IRS Lock-In Letters ? What?s An Employer To Do?

Employers often ask employees to designate the amount of tax... Read More

The Annual Gift Tax Exclusion: Getting The Edge

Whether helping the kids with a down payment on their... Read More

Truly Bizarre Taxes: The Tax on Illegal Drugs

One can never underestimate the enthusiasm that politicians have for... Read More

IRS Offer-in-Compromise, Hype or Hope?

"Settle for Pennies on the Dollar! IRS debts settled for... Read More

Small Business Tax Deductions for Year End 2004

As a small business owner, it's wise to familiarize yourself... Read More

IRS Reports Tax Gap of $300 Billion

The Internal Revenue Service is reporting that the difference between... Read More

Are You Overpaying Taxes If You Use Tax Preparation Software?

For many business owners the answer to this quandary is... Read More

Identity Theft ? Impacting Your Taxes?

If your identity is stolen, your finances can quickly become... Read More

Highlights of IRS List of 2005 Tax Scams

Each year, the IRS lists various scams taxpayers get caught... Read More

Hurricane Katrina ? How To Use Your Business Loss To Get A Refund on 2004 Taxes

With the massive losses caused by Katrina, the economy of... Read More

Complaince of Tax Return in Electronic Commerce Taxation

Emerging Legal issues of Tax compliance of e-business Self-assessment system... Read More

Rental Property Tax Deductions

Own residential rental properties? This article discusses how income from... Read More

Alas! In E-Commerce Taxland

In trying to comply with tax laws for your e-business,... Read More