RECENT NEWS
The Economic Times  4 hrs ago  Comment 
Certain provisions in the Direct Tax Code applicable to religious and charitable institutions and trusts will pose "serious difficulties" for these organizations
FX Street  6 hrs ago  Comment 
Quote: ‘Travel and travellers are two things I loathe’. Clause Levi-Strauss (1908-2009) The News: US’s Geithner opposes any financial transaction tax and insists economic stimulus stays. The Numbers: Greenwich Mean Time, with expectations...
Reuters  6 hrs ago  Comment 
The International Monetary Fund is exploring the idea of making banks pay insurance fees to fund any future rescues in the sector, IMF managing director Dominique Strauss-Kahn said on Sunday.
New Straits Times  Nov 9  Comment 
I HAVE no complaints about the 2010 Budget, except that it seems to lack concern for the well-being of senior citizens.
Sydney Morning Herald  39 min ago  Comment 
Skeptical CPA  Nov 9  Comment 
"Billionaire Julian Robertson won a $27 million tax case after he successfully argued that he wasn't a New York City [NYC] resident for the year 2000 and didn't owe city taxes. At issue was Mr. Robertson's whereabouts on four days during that leap...
Financial Times  Nov 8  Comment 
British prime minister Gordon Brown rapidly backpedalled from his proposal for a financial transactions tax after a chorus of criticism of his plan set out in a speech to a meeting of global finance ministers
guardian.co.uk  Nov 8  Comment 
Chancellor insists Obama administration's refusal to back a 'day-to-day financial transaction tax' does not mean an end to plans Alistair Darling pledged today that the government would step up its fight for a new international tax on banking...
Reuters  Nov 8  Comment 
OPEC is worried about the possibility of new taxes being imposed on oil and gas by world leaders at their summit on climate change scheduled for next month in Copenhagen, Algerian Energy and Mines Minister Chakib Khelil said on Sunday.
The Economic Times  Nov 8  Comment 
Bill on legislation for increasing voting powers of foreign entities who have stake in private sector banks from ten per cent to come out in November.
Wall Street Journal  Nov 8  Comment 
Tom Herman answers a reader's question about tax rates on investment income for 2010.
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