WASHINGTON — The Internal Revenue Service today released the 2011 IRS Data Book, a snapshot of agency activities for fiscal year 2011 – Oct. 1, 2010, to Sept. 30, 2011. During the year, the IRS collected $2.4 trillion and processed more than 234 million tax returns. In addition to information on taxes collected and returns…
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About: Ronald Marini
Recent Posts by Ronald Marini
Switzerland is nearing deals with the United States and Germany over hidden offshore accounts
ZURICH, March 28 (Reuters) - Switzerland is nearing dealswith Germany and the United States over hidden offshoreaccounts, including paying U.S. officials 5 billion Swiss francs ($5.5 billion) to settle allegations of aiding tax evasion, according to reports on Wednesday. Tensions in Switzerland's talks with the United States have eased after the U.S. Department of Justice shifted…
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Swiss Banks still Draw Rich despite Secrecy Blows
ZURICH (Reuters) - Swiss bankers are on the defensive with their secretive industry under sustained attack for sheltering tax dodgers. Zurich overtook Tokyo as most expensive according to a new ranking by the Economist Intelligence Unit because of the soaring Swiss franc. The currency is up 30 percent since 2008, despite a cap imposed last…
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FL TAX LEGISLATION ALERT – FELONY TO EVEN POSSESS SALES SUPRESSION SOFTWARE
FLORIDA LEGISLATION CRIMINALIZING AUTOMATED SALES SUPRESSION SOFTWARE (aka "ZAPPER SOFTWARE") AWAITS GOVENOR'S SIGNATURE In March 2012, the Florida legislature passed a rather unique piece of legislation aimed specifically at a new type of tax fraud software moving into the United States. The software is known as "Automated Sales Suppression Device," "Zapper," or "Phantom-ware." The purpose…
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