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Tag: taxpayers
Coercive steps against taxpayers: probe ordered
[ad_1] ISLAMABAD: The Federal Tax Ombudsman (FTO) has directed the Federal Board of Revenue (FBR) to investigate all cases where coercive measures including attachment of bank accounts were done through…
Withholding tax system: automation
[ad_1] The economic topography of nations depends heavily on a robust revenue system, akin to the lifeblood sustaining its various functions. Diverse revenue streams, characterizing global economies with “tax revenue”,…
Taxpayers facing £200m loss on satellite venture OneWeb after Dominic Cummings-engineered rescue
[ad_1] Eutelsat has come under pressure after investors baulked at the OneWeb deal, which valued the British business at $3.4bn (£2.7bn). OneWeb will require as much as $4bn to build…
IRS Delays Lower Form 1099-K Reporting Threshold to Aid Small Businesses and Taxpayers
[ad_1] The Internal Revenue Service (IRS) has announced a significant delay in the implementation of the new $600 Form 1099-K reporting threshold for third-party settlement organizations for the calendar year…
Opinion: Taxpayers should hold TVA — and MLGW — accountable
[ad_1] Guest Columnist Jim Gilliland Jr. Jim Gilliland Jr. has worked 22 years in the project finance and public finance sectors in the municipal bond market and has focused on…
Things seem to be getting better now
[ad_1] Not only has the clarity about country’s economic indicators, including an increase in foreign exchange reserves of State Bank of Pakistan (SBP), given a meaningful boost to country’s stock…
Swiss Private Bank, Banque Pictet, Admits To Conspiring With U.S. Taxpayers To Hide Assets And Income In Offshore Accounts
[ad_1] Damian Williams, the United States Attorney for the Southern District of New York, Stuart M. Goldberg, the Acting Deputy Assistant Attorney General for Criminal Matters of the Justice Department’s…
Low tax-GDP ratio: Reluctant taxpayers, faulty structure
[ad_1] Despite a number of initiatives in recent years to encourage more people to pay taxes, revenue generation in Bangladesh remains dismally low. The problem, however, is not just with…
Lots of companies pay little to no tax. It’s often totally legal. But should taxpayers reward them?
[ad_1] There’s a contradiction at the heart of the Australian government’s relationship with the corporate world. Many large multinational companies use complicated structures to move money they’ve made in Australia from…