Jan 25, 2010
The US Internal Revenue Service (IRS) has issued a warning to non-profit organizations that they could be in danger of losing their tax-exempt status in 2010. On January 21st the IRS issued a news release reminding all US tax-exempt organizations that Pension Protection Act of 2006, which was enacted in 2007, requires them to file [...]
The US Internal Revenue Service (IRS) has issued a warning to non-profit organizations that they could be in danger of losing their tax-exempt status in 2010.
On January 21st the IRS issued a news release reminding all US tax-exempt organizations that Pension Protection Act of 2006, which was enacted in 2007, requires them to file their annual information forms annually, or face losing their status after three consecutive non-filings. This year will be the first in which the law will ... Read More
Jan 22, 2010
The New Zealand Government has announced that it will launch an investigation into the possibility of reforming the national company registration process in the wake of controversy surrounding a New Zealand company’s involvement with North Korean weapons smuggling. Simon Power, Commerce Minister of New Zealand, issued a press release on January 21st stating that he [...]
The New Zealand Government has announced that it will launch an investigation into the possibility of reforming the national company registration process in the wake of controversy surrounding a New Zealand company’s involvement with North Korean weapons smuggling.
Simon Power, Commerce Minister of New Zealand, issued a press release on January 21st stating that he is requesting feedback from officials and industry figures regarding whether any aspects of the New Zealand company registration process can or need to be strengthened. Prime points of ... Read More
Jan 21, 2010
The New Zealand Government initiated research group, the Tax Working Group, has released its final report cataloging numerous tax changes it considers essential for the country. On January 20th The Tax Working Group published its widely anticipate final report, which recommends thirteen primary changes to the New Zealand tax landscape, along with identifying concerns regarding [...]
The New Zealand Government initiated research group, the Tax Working Group, has released its final report cataloging numerous tax changes it considers essential for the country.
On January 20th The Tax Working Group published its widely anticipate final report, which recommends thirteen primary changes to the New Zealand tax landscape, along with identifying concerns regarding the current tax situation.
The Tax Working Group report claimed that there is a lack of coherence, integrity and fairness within the country’s tax system, saying that a too ... Read More
Jan 20, 2010
Three Australian men are under trial for allegedly evading AUD3.7 million in taxes, which was brought back into Australia through ATM withdrawals and orchestrated through a Swiss-based accountant. On January 18th a court case was opened concerning Daniel Aran Stoten, Adam John Hargraves and Glenn Luke Hargraves, who are alleged to have evaded nearly AUD4 [...]
Three Australian men are under trial for allegedly evading AUD3.7 million in taxes, which was brought back into Australia through ATM withdrawals and orchestrated through a Swiss-based accountant.
On January 18th a court case was opened concerning Daniel Aran Stoten, Adam John Hargraves and Glenn Luke Hargraves, who are alleged to have evaded nearly AUD4 million in taxes over the period of four years. The three men, who ran a phonebook publishing company, are accused of grossly overstating their business expenses and ... Read More
