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View Popular Related Articles on Tax from USA
Do We Have Enough Rich People to Tax Them Out? (Ţuca Zbârcea & Asociaţii)
  • The de facto insolvency of Romania’s budget pushes politicians to propose the reinstatement of progressive taxation on individuals’ income
  • Extracting Super Taxes Down Under (Macleod Dixon LLP)
  • Recent statements by Prime Minister Kevin Rudd’s government to impose a super tax of 40% on profits of mining projects in Australia from July 2012, have created much consternation among mining executives and investors in Australian mining companies.
  • The Capital Gains Tax (Cgt) Changes (Smith & Williamson)
  • Individuals, trustees and personal representatives.
  • Full Federal Court Confirms The Luxury Car Tax Applies To Hummer Vehicles (Hunt & Hunt)
  • The Full Federal Court of Australia has upheld the Federal Court’s decision that the "Hummer", and potentially other vehicles not fitting within the traditional description of "luxury car", will now be subject to the luxury car tax ("LCT") on top of GST and other customs and excise duties wherever applicable.
  • Canada Revenue Agency Trumps Unsecured Creditors! (WeirFoulds LLP )
  • In a sleight-of-hand move dexterously played by the Canada Revenue Agency ("CRA"), it managed to secure advance collection of a disputed corporate income tax debt by obtaining an ex parte jeopardy collection order after the CRA was notified of an application by the taxpayer to appoint a receiver.
  • Private Placement Life Insurance and Annuities: Applications for U.S. and Non-U.S. Taxpayers - Part 2 (Giordani, Swanger, Ripp & Phillips, LLP)
  • If the annuity contract holder is a natural person, income on the annuity contract will generally not be taxable during the accumulation period of a deferred annuity.
  • Private Placement Life Insurance and Annuities: Applications for U.S. and Non-U.S. Taxpayers - Part 1 (Giordani, Swanger, Ripp & Phillips, LLP)
  • Successful advisors of high net worth individuals employ a holistic approach to their clients’ planning, one that addresses all of the clients’ goals simultaneously, rather than focusing on component goals in isolation.
  • Canadian Court Overturns Decision on International Pharmaceutical Transfer Pricing Case (Torys LLP)
  • The Canadian Federal Court of Appeal recently overturned the Tax Court of Canada’s 2008 decision regarding the international transfer pricing of cross-border supplies of pharmaceutical ingredients in the case of GlaxoSmithKline Inc. v. Canada.
  • Tax Court Rules on Variable Prepaid Forwards and Stock Lendings (Davis Polk & Wardwell)
  • On July 22, the Tax Court published its decision in the case of Anschutz Company v. Commissioner, involving a taxpayer that (indirectly) engaged in various prepaid variable forward contracts (which the court calls "PVFCs") and associated stock lending agreements ("SLAs") with respect to portfolio stock (indirectly) owned by him.