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      Sharpton owes $1.5 million in back taxes

      Posted by Jeff from MSNBC

      Over the past year, Sharpton's lawyers and the staff of his nonprofit group, the National Action Network, have been negotiating with the federal government over the size of his debt, which they dispute. The group has also been trying to pay off tens of thousands of dollars it owes for failing to properly maintain workers compensation and unemployment insurance.

      0 comments

    • Microsoft Told to Pay Tax on Licence Fee (in India, not Washington)

      Posted by Jeff from Yro.slashdot

      The company, which sells its software in India through a circuitous route involving several group companies, had maintained that its deal with the customers is a sale and no royalty payment is involved. It is this position that has now been rejected. What nailed the issue, however, was an expression in the end-user agreement that says "the product is licensed, not sold". Tax authorities cited this and said if the software is licensed, there has to be a royalty involved.

      0 comments

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      Taxing Nicholas Cage

      Posted by SoxFirst

      Move over Wesley Snipes. The Internal Revenue Service is suing Oscar-winning actor Nicholas Cage for using a Los Angeles-based company he owns to wrongly write off 3.3 million dollars in personal expenses including limos, meals, gifts, travel and jets.

      0 comments

    • High-tech giants seeking massive tax break

      Posted by Jeff from Seattle Post-Intelligencer

      Microsoft and a handful of other tech giants are quietly securing a state tax break that could be worth more than $1 billion through legislation forged amid corporate threats and an interstate bidding war for computer server farms that have become the backbone of the Internet.

      1 comment

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  1. thumbnail

    Jeff comments on:

    Microsoft's $528 million Washington tax break

    You are misunderstanding – this is about Washington B & O taxes on corporations, not income taxes.

    Reply »

    9:31 pm 4/02/08
  2. thumbnail

    Jeff comments on:

    High-tech giants seeking massive tax break

    Check out my rebuttal to Top Reader Excuses for Microsoft’s Tax Avoidance here.

    Reply »

    11:06 am 2/12/08
  3. thumbnail

    edseccocpa comments on:

    Microsoft's $528 million Washington tax break

    Your concern that Microsoft is avoiding paying income taxes to the State of Washington is based on the erroneous belief that there is an income tax in Washington. Please check out http://en.wikipedia.org/wiki/State_income_tax

    I really don’t know what you’re belly aching about.

    Reply »

    9:53 am 2/04/08
  4. thumbnail

    Jeff comments on:

    Bush Administration Cuts Audit Staff at IRS for Wealthy

    the NYT ran this pretty deep

    Reply »

    10:52 pm 7/23/06
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    SoxFirst

    Member since May 2008

    Leon Gettler is a blogger and senior business journalist at The Age, specializing on management issues. His latest book, Organisations Behaving Badly focuses on the forces that lead smart executives into making dumb decisions.

    No city


  2. thumbnail

    Jeff

    Member since May 2008

    Jeff is the founder of NewsCloud. He is also a freelance writer and blogs at Idealog.

    Seattle


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