Supremes Nix NC Tax on Out-of-Stater’s Trust
The Supreme Court was unanimous Friday in finding it would violate due process for North Carolina to tax a trust set up in New York for the benefit of a woman living in North Carolina.
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Germany Highway Tax Ruled Discriminatory by EU Court
Germany discriminates against foreign drivers by making everyone pay a highway toll and then giving a tax rebate only to residents, Europe’s highest court ruled Tuesday.
Read moreMacron’s Star Rises Again as a New Europe Takes Shape
French President Emmanuel Macron’s political fortunes, brought to the brink by months of massive and violent protests in Paris, are on the rise again and the brash liberal reformist is, remarkably, poised to become Europe’s most important politician.
Read moreBogus Tax
Enterprise Rent-a-Car and Hertz claims in court that the San Diego Unified Port District illegally assessed a special tax disguised as a “user fee” on their customers.
Read moreVoters Reject Parcel Tax to Boost LA School Funding
A parcel tax that would have generated millions of dollars for Los Angeles schools failed to get enough votes Tuesday, a devastating blow to union leaders and school officials who said the funding would have gone to reduce class sizes and hire more staff.
Read moreTrump Accused of Dodging Taxes on Panama Hotel
The majority owner of a former Trump-branded hotel in Panama said in a court filing on Monday that Donald Trump’s company misrepresented finances of the building to evade Panamanian taxes.
Read morePompeo Calls for Less Regulation at Meeting of Business Leaders
Kicking off an entrepreneur summit in the Netherlands alongside the Dutch prime minister, U.S. Secretary of State Mike Pompeo advocated Monday for looser business regulation and lower taxes.
Read moreTexas Lawmakers Reach Deal on School Funds, Taxes
It’s a mantra Texas officials have repeated for months and probably say in their sleep: We need more school funding and property tax reform. Their vision came to light with an $11 billion package lawmakers unveiled Thursday.
Read moreNew York Opens Door for Dems to See Trump Taxes
President Donald Trump’s New York tax filings could be soon become public as state lawmakers passed a bill Wednesday to provide access to Congress.
Read moreMnuchin Clashes With House on Demand for Trump Taxes
Contradicting reported IRS policy about its obligation to provide such information, Treasury Department Secretary Steve Mnuchin told Congress Wednesday that he will not release the president’s tax returns to keep on the right side of the law.
Read moreProperty Tax Break for 49ers Draws Ire of County Assessor
In yet another fight between the San Francisco 49ers and the public entities with jurisdiction over their stadium, Santa Clara County appealed a recent decision Monday that cut the team’s property taxes in half.
Read moreEU Court Voids Regulatory Attack on Polish Retail Tax
Backing a new tax on Poland’s retail sector, the European General Court ruled Thursday that EU regulators were wrong to classify the measure as state aid.
Read moreHigh Court Nixes Precedent to Back State Sovereignty
Divided 5-4 Monday, the U.S. Supreme Court overturned 40-year-old precedent that allowed states to be sued in the courts of another state.
Read moreHouse Democrat Issues Subpoenas for Trump Tax Returns
A top House Democrat on Friday issued subpoenas for six years of President Donald Trump’s tax returns, giving Treasury Secretary Steven Mnuchin and IRS Commissioner Charles Rettig a deadline of next Friday to deliver them.
Read moreAuthor Claims Kevin Costner Interfered With His Book
Author Bradley Birkenfeld sued Kevin Costner and cosmetics tycoon Leonard Lauder in federal court Thursday, claiming they tortiously interfered with publication of his book, “Lucifer’s Banker: The Untold Story of How I Destroyed Swiss Bank Secrecy.”
Read moreNew York Senate Passes Bill to Aid House in Trump Tax Fight
On the morning that President Donald Trump asserted executive privilege over an unredacted copy of special counsel Robert Mueller’s report, New York legislators snapped into action Wednesday by authorizing state authorities to turn over those returns at House Committees’ request.
Read moreTrump in 1985-94 Claimed $1.17 Billion Business Losses
The New York Times reported Tuesday that Donald Trump’s businesses lost more than $1 billion from 1985 to 1994, based on tax information the newspaper acquired.
Read moreGroup Asks Court to Block $500 Million Parcel Tax Meant to Fund LA Schools
A proposed parcel tax meant to generate $500 million for the Los Angeles Unified School District over the next 12 years is under fire from a fiscal conservative group who say the language in the measure is ambiguous and should not be included on the ballots this June, according to a complaint filed Tuesday.
Read moreNewsom Pushes to Dump Taxes on Diapers, Tampons
Progressing causes that female lawmakers have been pushing for years, California Gov. Gavin Newsom said Tuesday he wants to extend paid family leave and eliminate sales tax on diapers and female hygiene products in his upcoming budget proposal.
Read moreTrade Talks With China Still on Despite Trump’s Threats
China confirmed Tuesday that its economy czar will go to Washington for trade talks despite fears he might cancel after President Trump threatened to escalate a tariff war over Beijing’s technology thefts and ambitions.
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