cullman county alabama

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Non-Profits Receive Deadline Extension

Over 300 000 US charities are at risk of losing their tax exemption status, unless they make use of the Government’s new tax return filing deadline extension.

UK Consulting on Tax Issues

The UK Government is taking action to show national taxpayers and international investors that the country “is open for business”, by initiating an extensive round of public consultation of tax system legislation issues.

Tax Collection from Oil Exceed Industry Profit

The oil and gas industry is facing heavy criticism from the media, the public, and subsequently US Government politicians, under the assumption that the sector is under-taxed and action has to be taken to correct the situation. However, tax revenues arising from the sector in recent years have eclipsed the profits made by the entire oil extraction and exploration industry.

International Fight on Foreign Bribery Lagging

Countries representing an approximate 70 percent of world trade have been deemed as not having taken enough action to combat the occurrence of international bribery.

OECD Updates Several Tax Guidelines

In an effort to maintain a relevant and up-to-date set of instruments to facilitate international tax agreements and transactions, the Organization for Economic Cooperation and Development has published revised versions of its vital documents.

Mar 12, 20100

State Sales Tax Increased in US

Categories: Taxation in USA

The average US state sales-tax level has risen to an 5.468 percent, the highest since records began in 1982. The number of regions opting to raise their sales taxes has also reached record highs. The 25th annual 2009 Sales Tax Rate Report, released on March 3rd by the tax software provider Vertex, shows that in an attempt to bolster state coffers and decrease the impact of a weakened economy, the states of California, Delaware, Minnesota, Massachusetts, North Carolina, Utah, Nevada and the District ... Read More