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HTMLCorporate succession: Utilise design scope and tax advantage
Michael Rainer, Michael Rainer; GRP Rainer LLP;
Legal Alert/Article
March 13, 2015, previously published on March 13, 2014
Corporate succession has to be arranged in many companies before long. If the firm is bequeathed then it should be anticipated that tax privileges are set to be withdrawn in the foreseeable future.

 

HTMLNY Times Reports Strong Recovery for Hedge Funds in 2014
Sutherland Asbill Brennan LLP;
Legal Alert/Article
March 13, 2015, previously published on March 12, 2015
In an article earlier this week, the New York Times reports that the rise in the number of hedge funds signals a strong recovery for hedge funds in 2014.

 

HTMLTax Evasion: Save a Lot of Money with Voluntary Disclosure this Year
Michael Rainer, Michael Rainer; GRP Rainer LLP;
Legal Alert/Article
March 12, 2015, previously published on March 12, 2015
Tax evaders who now act swiftly and submit a voluntary declaration can save a lot of money because penalty surcharges in the context of voluntary disclosure will substantially increase from 2015.

 

HTMLEnd of 2014 Tax Law Changes
Pessin Katz Law P.A.;
Legal Alert/Article
March 12, 2015, previously published on January 27, 2015
ABLE Accounts: A new law titled “Achieving a Better Life Experience” (ABLE) allows the establishment of tax-free accounts that can be used to save for disability-related expenses. ABLE accounts can be created by individuals to support themselves or by families to support their...

 

HTMLCanadian Government Announces Mining Tax Changes
Steve Suarez; Borden Ladner Gervais LLP;
Legal Alert/Article
March 12, 2015, previously published on March 03, 2015
Many expenditures made by mining companies that are not on depreciable property for tax purposes fall into one of two categories of expenditures unique to the natural resource industry: "Canadian exploration expense" (CEE) or "Canadian development expense" (CDE). Essentially,...

 

HTML72-Year-Old Master Hairdresser Convicted of Tax Evasion - Voluntary Disclosure a Way Out
Michael Rainer, Michael Rainer; GRP Rainer LLP;
Legal Alert/Article
March 11, 2015, previously published on March, 10, 2015
A 72-year-old master hairdresser was sentenced by the Regional Court (Landgericht) of Duisburg to two and a half years in prison for tax evasion. She was said to have evaded approx. 445,000 in taxes.

 

HTMLTax Evasion: Amended Return or Voluntary Declaration
Michael Rainer, Michael Rainer; GRP Rainer LLP;
Legal Alert/Article
March 10, 2015, previously published on March 09, 2015
It is possible to evade taxes even in the absence of intention. In these cases, an amended tax return is preferable to a voluntary declaration.

 

HTMLNew Tax Incentives to Advance Liquefied Natural Gas Projects
Richard Eisenbraun; Borden Ladner Gervais LLP;
Legal Alert/Article
March 9, 2015, previously published on February 20, 2015
On February 19, 2015, the Canadian government announced new proposed tax incentives intended to encourage investment decisions with respect to liquefied natural gas (“LNG”) projects. The tax incentive takes the form of an enhanced rate of capital cost allowance (“CCA”, being...

 

HTMLTax Law Blog: IRS Announces New Standard Mileage Rates
Mitch A. Maahs; Davis, Brown, Koehn, Shors & Roberts, P.C.;
Legal Alert/Article
March 9, 2015, previously published on January 14, 2015
For those who are frequently on the road for work, the costs of operating and maintaining a vehicle can represent a substantial business expense. In computing the deductible costs of operating a vehicle for business, a taxpayer may elect to calculate expenses using the standard mileage rate....

 

HTMLTop Secrets About Signing Confidentiality Agreements
Raymond J. Sherbill; Lerch Early Brewer Chartered;
Legal Alert/Article
March 9, 2015, previously published on February 9, 2015
If you own a growing business, you should develop a healthy respect, and disrespect, for confidentiality agreements.

 


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