Tag: tax

EU Orders Amazon to Pay £260 Million in Back Taxes

BRUSSELS (AP) — Amazon has to pay $295 million in back taxes to Luxembourg, the European Union ordered Wednesday, in its latest attempt to tighten the screws on multinationals it says are avoiding taxes through sweetheart deals with individual EU states.

The exterior of the Internal Revenue Service building in Washington March 22, 2013. (Susan Walsh/AP)

Illegal Immigrants Filing Tax Returns Dropping under Trump

While Americans are scrambling to meet the 2016 tax filing deadline, the number of illegal immigrants submitting their returns in the present climate are reportedly down significantly. Also, a Treasury Inspector General for Tax Administration (TIGTA) report exposing significant refund fraud has “most certainly contributed to it,” says the taxpayer advocate department within the IRS.

immigration

SPLC Should Lose Non-Profit Tax Status, Says Immigration Reform Group

The Immigration Law Reform Institute, which is an affiliate of the Federation for American Immigration Reform, is preparing a legal claim to pressure the Internal Revenue Service to end the SPLC’s non-profit status. If that happens, donors wouldn’t get tax deductions for giving to the group.

House Freedom Caucus Makes Excuses For Ryan’s $1.8 Trillion Tax-And-Spend Plan

Politico reports that members of the supposedly anti-establishment House Freedom Caucus are offering excuses to shield House Speaker Paul Ryan from getting the blame for his closed-door, budget-busting, welfare-extending, refugee-boosting, illegal-immigrant-funding, job-outsourcing, regulation-preserving, $1.8 trillion spending-and-tax plan, which has thrilled Democrats and angered GOP voters.

ObamaCare Bailouts Blocked In Omnibus Bill, Cadillac Tax Delayed

The revolting $1.1 trillion omnibus spending bill Republicans dumped on their astonished voters has one – possibly only one – bright spot: the bailout corridors for ObamaCare remain blocked. If Democrats were able to soak taxpayers to keep Obama’s health care disaster floating, they’d do it in a hot second.