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A couple with powerful help is asking the Supreme Court for a ruling that could affect a wealth tax

Charles and Kathleen Moore are about to have their day in the Supreme Court over a $15,000 tax bill they contend is unconstitutional. The couple from Redmond, Washington, claim they had to pay the money because of their investment in an Indian company from which, as Charles Moore, 62, said in a sworn statement, they “have never received a distribution, dividend, or other payment.” The Moores are the public face of a high court case backed by business and conservative political in...
United States Kathleen Moore Justice Samuel Alito David Rivkin Justice John Roberts Fatima Hussein
Source: yahoo.com

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Tax court rules for BIR in ₧1.26-B Nestle bid for refund of sugar tax • Andrea E. San Juan

THE Bureau of Internal Revenue (BIR) has won the P1.26-billion tax case filed by one of the world’s largestfood and beverage companies, Nestle Philippines, Inc. This, after the Court of Tax Appeals (CTA) denied the petition filed by Nestle seeking the refund of the amount of P1.26 billion representing the Sweetened Beverage Tax (SBT) that it
Nestle Philippines Inc Third Division Drug Administration Bureau Of Internal Revenue Internal Revenue Nestle Philippines

Pennsylvania House Approves 280E Tax Cut For Marijuana Businesses Over GOP Objections

The Pennsylvania House has approved a large-scale tax reform bill that contains language to provide state-level relief to medical marijuana businesses as they continue to struggle under federal financial barriers. The reform has drawn the ire of Republican members—who normally champion tax cuts—as a Democratic giveaway to the cannabis industry. The marijuana provisions would allow […]
New York United States New Jersey Valerie Gaydos Steve Samuelson John Lawrence

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