Ellen Podgor :"In a 5-4 decision, the United States Supreme Court issued an extremely narrow decision favorable to the government in the case of Pasquantino v. United States. Justice Thomas, delivering the opinion of the...
Search Results for: revenue
A Chilean court Monday freed a portion of former Chilean President Augusto Pinochet's previously-frozen assets to allow the ex-dictator to pay five years of back taxes. Judge Sergio Munoz froze the assets last year after finding that...
Flaws and inadequate computer security at the Internal Revenue Service has left the personal information of millions of taxpayers open to potential theft and illegal access, according to a Government Accountability Office report issued Monday....
Keeler, et al. v. Stalder, et al., United States Court of Appeals for the Fifth Circuit, April 13, 2005 [ruling that federal courts lack jurisdiction in dispute regarding anti-abortion license plates because the case amounts to a tax dispute that...
The US House of Representatives voted 272-162 late Wednesday to permanently repeal federal estate taxes in 2010 and beyond. The federal government is estimated to lose $290 billion in tax revenue over a decade if the...
Federal appeals court rejects Louisiana pro-life license plate challenge
The US Court of Appeals for the Fifth Circuit rejected a challenge to Louisiana's anti-abortion license plates, saying that federal courts lack jurisdiction in the dispute because the case amounts to a tax dispute that belongs in...
Corporations and securities brief ~ 20 NYSE floor traders indicted
Leading Tuesday's corporations and securities law news, the Wall Street Journal is reporting that 20 former NYSE traders who oversaw stock auctions were indicted on charges they traded stocks which benefited their firms at the expense of...
Nonprofit organizations exempted from federal income taxes due to their charitable purpose are becoming top offenders for tax abuse and evasion, Internal Revenue Commissioner Mark W. Everson warned the Senate Finance Committee in a letter....
Corporations and securities brief ~ SEC subpoenas 12 AIG executives
Leading Monday's corporations and securities law news, the Wall Street Journal is reporting that the SEC has subpoenaed twelve executives at American International Group Inc. (AIG) . The subpoenas relate to several probes into questionable transactions...
The United Nations has admitted it erred Tuesday when it said the reason it would pay the legal fees of the Iraq oil-for-food program chief Benon Sevan was because of...