Every so often these days, it looks like the member states of the European Union might unite on tax administration and policy issues. Building upon a fairly successful coordinated VAT regime, the EU is considering coordinating other tax policies. These include a financial transactions tax and the European fiscal Holy Grail, the common consolidated corporate tax base.
Tax Analysts Blog
Bodacious fantasy was in ample supply on Capitol Hill earlier this month, at a House Ways and Means Committee hearing on corporate tax reform. As important as tax reform is, we really don’t need further congressional hearings on it. Talk therapy won’t help. Everyone in Washington already knows what grown-up tax reform will look like. It looks like the Dave Camp bill.
Mitt Romney is in the news a lot for a man not running for president. The 2012 GOP nominee and former Massachusetts governor has attempted to make himself the face of the #NeverTrump movement.
If it is conventional wisdom that good cases settle while bad cases go to trial, isn’t there a lot that could be learned if lawsuit settlements were made available for public scrutiny?
Have some pride, business people. Let's fight for a tax system with a broad base, low rates, and no special deals. We will all be better off.
Can Donald Trump use his “very powerful hands” to force Mexico to pay for his promised wall along the U.S.-Mexico border? In an expletive-laced rant on February 25, former Mexican President Vincente Fox dismissed Trump’s “effing wall.” Trump retorted that “the wall just got 10 feet higher.” Challenged on details of his plans for making Mexico pay, Trump points to its $58 billion annual trade surplus with the United States. But does that imbalance in trade offer a viable source of financing for a wall between the two nations?
The European Commission is investigating whether the sweetheart tax deal that Apple negotiated with Ireland 25 years ago distorts competition within the common market, under article 107 of the Treaty on the Functioning of the European Union.
Donald Trump has finally explained – sort of – why he’s been so evasive about releasing his tax returns. Apparently, he’s being audited. But in fact, that’s no explanation at all: Trump is still free to release his returns, and he should do it today.
What if someone waved a magic wand and suddenly increased your take-home pay? No, you wouldn’t need to put in longer hours. You’d simply be allowed to retain a larger slice of the paycheck you already earn. Who wouldn’t enjoy that?