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Taxes News
Last update: 154 days, 20 hours ago
 
Mining firm ordered to remit P62-million in back taxes
8 May 08, 23:43 ET
-- The Supreme Court (SC) has ordered a local mining firm to pay more than P62 million in back taxes plus interests to the government from its gold mining ...
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MATT HELMS Is it time to scrap gas taxes?
8 May 08, 23:38 ET
By MATT HELMS • FREE PRESS DRIVING COLUMNIST • May 8, 2008 Michigan’s state and local road agencies are dealing with funding problems that could reverse the ...
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Troutman property, water taxes will remain the same
8 May 08, 22:23 ET
By Russell Ledbetter Town Manager David Saleeby told residents there will be no increase in town property taxes or water and sewer rates during fiscal year ...
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East Pennsboro School Board raises taxes
8 May 08, 22:06 ET
by By David DeKok Citing the cost to the district of charter schools, much higher energy costs, and a desire to increase the amount of money in reserve, ...
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Today on the presidential campaign trail
8 May 08, 22:03 ET
AP - Clinton presses ahead, urges supporters to ignore calls for her to abandon presidential race ... Obama gets fresh support on Capitol tour ... Obama accuses McCain of 'losing his bearings' ... Cindy McCain says she won't release her tax returns even if her husband wins the White House ... Florida Dems talking with Obama, Clinton campaigns about seating delegation in August
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New PM Putin vows to curb inflation, cut taxes
8 May 08, 21:37 ET
Moscow - Vladimir Putin on Thursday took over as Russia's prime minister a day after leaving the Kremlin and pledged to curb inflation and cut taxes to make ...
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Property taxes: School rates up, county rates down slightly
8 May 08, 21:33 ET
Total school property tax rates increased 7.4 percent on December property tax bills, the biggest increase since 1992-93, according to the WTA. ...
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COLUMBIA COMPUTER CONSULTANT INDICTED FOR ATTEMPTING TO EVADE ...
8 May 08, 19:36 ET
Baltimore, Maryland - A grand jury has indicted Anthony Edwin Dorsey, Sr., of Columbia, Maryland, for attempting to evade paying income taxes and failing to ...
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City of Vallejo goes bankrupt after property crash hits taxes
8 May 08, 19:32 ET
By Stephen Foley in New York The city of Vallejo, very briefly the capital of California in the middle of the 19th century, has returned to national ...
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Consumers need a break - not more taxes
8 May 08, 19:18 ET
The decision by the Bank of England's Monetary Policy Committee to keep interest rates unchanged at 5 per cent is temporary. The Bank has dropped heavy ...
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Some household taxes cut but revenue still soars by $1.4b
8 May 08, 19:09 ET
Cutting a range of State taxes is expected to cost Treasury $1.2 billion over the next four years but the Budget papers show the Government will still ...
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Taxes On Farm Go Up 325 Percent
8 May 08, 19:03 ET
A new property tax bill was a shocker for the owners of a farm in Berks County. They will have to pay three times more than before or risk giving up the ...
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Democrats' Windfall Tax -- On You
8 May 08, 19:00 ET
Investor's Business Daily - Energy: In their ongoing war against U.S. oil producers, Senate Democrats say they'll slap Big Oil with a windfall profits tax and take away $17 billion in tax breaks, among other punishments. This is an energy plan?
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IBD's Top 10 - Thursday
8 May 08, 18:55 ET
Investor's Business Daily - 1 Same-store sales climbed 3.3% vs. a year earlier, the best gain since Nov. and beating forecasts by the most since March '07. That's despite housing woes and high food and energy prices. Wal-Mart topped views; teen clothiers did especially well. Retailers are hoping for a tax rebate spending boost. Wal-Mart shares rose but most stores' stocks declined.
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Nation - Thursday
8 May 08, 18:48 ET
Investor's Business Daily - Lawmakers voted 266-155 to create a $300 bil fund to help curb foreclosures, offering lenders a gov't guarantee if they write down principal. The bill also would give a $7,500 tax credit for 1st-time home buyers. Separate legislation passed Thu. that would send $15 bil to local communities hit hard by the mortgage crisis to help them buy and fix abandoned homes. President Bush has threatened to veto both bills, but the White House has said it supports some provisions and is open to a compromise.
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Cindy McCain: My Taxes Are Private
8 May 08, 17:47 ET
WASHINGTON -- Cindy McCain says she will never make her tax returns public even if her husband wins the White House and she becomes the first lady. ...
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Cindy McCain says she'll never release her tax returns
8 May 08, 17:41 ET
AP - Cindy McCain says she will never make her tax returns public even if her husband wins the White House and she becomes the first lady.
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Decatur schools may add add staff, raise taxes
8 May 08, 17:26 ET
By KRISTINA TORRES While DeKalb County school officials consider possibly laying off staff, Decatur city school officials next year may actually add ...
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Obama: "I Will Raise Taxes"
8 May 08, 17:18 ET
By Amanda Carpenter Democratic presidential candidate Barack Obama flatly promised to raise taxes in a television interview Thursday afternoon. ...
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Controversial taxes, fees exacerbate US infrastructure problems
8 May 08, 17:14 ET
The basic infrastructure all us depend on every day – including aviation, highway, public transit and rail – is falling apart and needs a proper flushing, ...
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Taxes on 401(k) and IRA Withdrawals
8 May 08, 16:50 ET
Here are a dozen gifts that'll give grads a head start in the real world. How high do gas prices have to rise before you buy a hybrid or alternative fuels ...
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Governor to mining execs: Pay taxes or leave Vizcaya
8 May 08, 15:51 ET
BAYOMBONG, Nueva Vizcaya — Angry, upset and apparently slighted by the seeming disregard by a foreign mining firm of the provincial government’s cease and desist order, this province’s lady governor told executives of a mining firm to leave the province if they could not pay the taxes and fees being collected from their company.
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Town gets paid back taxes from lawsuit settlement
8 May 08, 15:27 ET
By Caitlyn Kelleher JOURNAL REPORTER Ashburnham was the only one of a number of major creditors that were paid in a settlement of a bankruptcy case by the ...
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BOE talks taxes
8 May 08, 15:23 ET
By MARY BARGDILL NEW BREMEN — New Bremen Board of Education members learned more about how an assisted living facility moving to the village of New Bremen ...
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US Justice Dept. probing Swiss bank UBS in tax case
8 May 08, 15:02 ET
AFP - Switzerland's largest bank, UBS, has disclosed that the US Justice Department is investigating whether its bankers helped wealthy Americans evade paying income tax on their investments.
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Cindy McCain defends decision not to release her taxes
8 May 08, 14:27 ET
Cindy McCain -- chairwoman of Hensley & Co. and wife of presumptive Republican presidential nominee John McCain -- defended her decision Thursday not to ...
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Property taxes set to rise
8 May 08, 14:10 ET
By Pirjo Raits - Sooke News Mirror - May 07, 2008 Property taxes are going up in the District of Sooke, although they will not be a high as they were in ...
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Is it time to scrap gas taxes?
8 May 08, 14:07 ET
By MATT HELMS • FREE PRESS DRIVING COLUMNIST • May 8, 2008 Michigan’s state and local road agencies are dealing with funding problems that could reverse the ...
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Letter: Killing JOBZ, and playing games with taxes
8 May 08, 13:46 ET
By a vote of 80-52, the Minnesota House approved legislation that will raise taxes on the majority of Minnesotans and eliminate rural Minnesota’s strongest ...
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New Minister for Stealth Taxes appointed
8 May 08, 13:10 ET
In the first of many expected monthly reshuffles as a result of the recent local electios, the MP for Little Wittering, Wilma Leggrobach, has been appointed ...
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Bush faults Democrats on housing crisis, energy and taxes
8 May 08, 13:04 ET
By BEN FELLER AP Writer WASHINGTON—President Bush on Wednesday criticized Democrats in Congress for their approach to dealing with the nation's housing ...
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Meyersdale taxes to go up 1/2 mill
8 May 08, 13:00 ET
By RICK KAZMER MEYERSDALE — School board members adopted a preliminary 2008-09 budget Wednesday that includes a half-mill tax hike. ...
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Think tank to Va.: give poor a break if taxes increase
8 May 08, 12:48 ET
A liberal think-tank says if Virginia raises taxes for transportation, it should provide relief for those least able to afford them: the working poor. ...
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Some property taxes up, some down under House plan
8 May 08, 12:30 ET
A third of Minnesota homeowners would pay lower property taxes under a bill the House passed 80-52 late Monday. However, in order to pay for those property ...
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Centre Hastings increases local taxes three per cent
8 May 08, 12:21 ET
Centre Hastings – Council has approved a tax increase of three per cent. The overall levy was set at $4488539, with $2695000 being for municipal purposes, ...
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Insurers seek suspension of BIR ruling adding new taxes on industry
8 May 08, 12:00 ET
The country's insurance industry has urged the Department of Finance (DOF) to suspend indefinitely a new Bureau of Internal Revenue (BIR) ruling that slaps a new set of taxes on the sector.
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LA SALLE COUNTY: Property taxes due earlier Change may shave tax ...
8 May 08, 11:53 ET
It's the kind of government efficiency that citizens may not want: La Salle County property tax bills will be out and then due earlier than in the past. ...
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• Is it time to scrap gas taxes in Michigan?
8 May 08, 11:47 ET
By Matt Helms, Detroit Free Press Driving Columnist Michigan's state and local road agencies are dealing with funding problems that could reverse the ...
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Many businesses didn't claim tax refund
8 May 08, 11:42 ET
AP - Sometimes the IRS can't get people to cooperate, even when it tries to give money away.
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Charleroi school officials hope to hold line on real estate taxes
8 May 08, 11:21 ET
By Chris Buckley Officials of the Charleroi Area School District are attempting to balance the budget for the upcoming fiscal year without raising taxes. ...
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Holze Music owner says he's paid taxes, will reopen
8 May 08, 11:18 ET
By Ken Sury | Thursday, May 8, 2008, 10:15 AM Rob Gibson, owner of the troubled Holze Music Co. chain, said this morning he has paid off more than $150000 ...
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Survey: Property taxes drop for 18 legislators
8 May 08, 10:52 ET
By EVAN SHIELDS Editor’s Note: In January, a group of Franklin College journalism students spent the month reporting on the Indiana General Assembly and ...
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Adams calling out Ransford on taxes
8 May 08, 10:47 ET
ADAMS -- Much like its neighbor to the north, Adams is using back taxes to go after some of its chronically lax landlords -- specifically Charles "Rusty" Ransford, one of North County's biggest landlords.
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No Vacation for Gas Taxes
8 May 08, 10:31 ET
Instead of spending $9 billion to theoretically reduce the price of gas at the pump, let's recover that amount of revenue that's now wasted by subsidizing ...
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Blackman OKs request that could reduce company's taxes - The Jackson Citizen Patriot
8 May 08, 10:19 ET
By Sarah Harbison A Blackman Township tool-and-die company is one step closer to being virtually free of property taxes. The Blackman Township Board on ...
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Putin confirmed as Russian Prime minister, vows to control ...
8 May 08, 10:11 ET
(RTTNews) - On Thursday, the Russian parliament has confirmed the nomination of Vladimir Putin as Prime minister with an overwhelming majority. ...
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Back taxes to cost city $625000
8 May 08, 10:08 ET
The city of Tuscaloosa will pay about $625000 in back taxes and interest to the state because of a payroll bookkeeping error dating back to 1997. ...
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Back taxes to cost city $625,000
8 May 08, 10:02 ET
The city of Tuscaloosa will pay about $625,000 in back taxes and interest to the state because of a payroll bookkeeping error dating back to 1997.
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Generali Net Rises on Lower Taxes, Non-Life Premiums (Update1)
8 May 08, 09:53 ET
By Alessandra Migliaccio May 8 (Bloomberg) -- Assicurazioni Generali SpA, Europe's third-biggest insurer, said first-quarter profit rose 27 percent as the ...
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Green taxes on way
8 May 08, 09:41 ET
By Nick Mann ISLANDERS could be hit by a new tax as Guernsey looks to a greener future. A report by the energy policy steering group is expected to go to ...
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Taxes may have doomed NJ 'Makeover' winner
8 May 08, 09:27 ET
By ADAM SMELTZ • The (Cherry Hill, NJ) Courier-Post • May 8, 2008 PENNSAUKEN, NJ – Victor Marrero, who won a new house last summer through "Extreme ...
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Prison next for tile company owner who dodged $500k-plus in taxes
8 May 08, 09:25 ET
Dodging more than $500,000 in federal taxes now means two years in prison for a Minnesota businessman.
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Is it time to scrap gas taxes in Michigan?
8 May 08, 09:08 ET
By MATT HELMS • FREE PRESS DRIVING COLUMNIST • May 8, 2008 Michigan’s state and local road agencies are dealing with funding problems that could reverse the ...
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Income taxes and politics
8 May 08, 08:52 ET
The Legislature needs to quit playing fast and loose with an important piece of legislation that would cut state income taxes for people who make anywhere ...
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Time to scrap gas taxes?
8 May 08, 08:49 ET
By MATT HELMS • FREE PRESS DRIVING COLUMNIST • May 8, 2008 Michigan’s state and local road agencies are dealing with funding problems that could reverse the ...
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NEWS - Cranbrook City Taxes Going Up
8 May 08, 08:26 ET
City of Cranbrook property taxes are going up an average of 2.3 percent in 2008. City council gave three readings to the Tax Rates bylaw at Monday's meeting ...
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MATT HELMS Time to scrap gas taxes?
8 May 08, 08:25 ET
BY MATT HELMS • FREE PRESS DRIVING COLUMNIST • May 8, 2008 Michigan’s state and local road agencies are dealing with funding problems that will reverse the ...
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TAXES: Senate committee meets this morning in Kennewick
8 May 08, 08:13 ET
The state Senate Ways and Means Committee is meeting in Kennewick this morning to discuss a sales tax credit for the poor that was approved but not funded ...
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Warner Music Second-Quarter Loss Widened on Taxes (Update2)
8 May 08, 08:08 ET
May 8 (Bloomberg) -- Warner Music Group Corp., the world's third-largest record company, reported a wider second-quarter loss as taxes increased and compact disc sales fell. The company suspended its quarterly dividend.
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US defense contractor ducking out of taxes
8 May 08, 07:49 ET
By RICHARD LARDNER, AP WASHINGTON – When the Pentagon announced an obscure California company had won a lucrative military contract, no one mentioned any ...
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Warner Music Second-Quarter Loss Widened on Taxes (Update1)
8 May 08, 07:37 ET
By Don Jeffrey May 8 (Bloomberg) -- Warner Music Group Corp., the world's third-largest record company, reported a wider second-quarter loss as taxes ...
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Homes Sold At Auction For Delinquent Taxes
8 May 08, 07:24 ET
BROWARD COUNTY, Fla. -- More homes than ever are being sold for much less than they're worth, and they are not just foreclosures. Properties are also sold ...
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Taxes going up by 4.8%
8 May 08, 07:11 ET
By THERESA HEGEL Homeowners in the Palisades School District approved for homestead exclusions would save about $70 on next year's tax bill. ...
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Putin Vows to Curb Inflation and Cut Taxes
8 May 08, 06:43 ET
Vladimir Putin, taking over as Russia's prime minister a day after leaving the Kremlin, pledged on Thursday to curb inflation, cut taxes and boost social ...
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LABUAN CUSTOMS COLLECTS RM195 MLN IN TAXES JAN-APRIL 2008
8 May 08, 06:16 ET
LABUAN, May 8 (Bernama) -- The Labuan Royal Customs and Excise Department collected RM195 million in taxes in the first four months of this year compared with RM136 million for the same period last year.
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New PM Putin vows to curb inflation, cut taxes
8 May 08, 05:56 ET
Vladimir Putin, taking over as Russia's prime minister, pledged on Thursday to curb Russia's growing inflation and vowed to cut taxes on the oil industry.
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Chatsworth residents will pay 2.95 per cent more on taxes
8 May 08, 05:47 ET
Chatsworth residents can expect to pay on average about $50 to $60 more in municipal property taxes this year, Mayor Howard Greig said Wednesday. ...
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Jeremy Warner's Outlook: Ministers cannot win case for green taxes if they won't apply them to green causes
8 May 08, 05:42 ET
It is little surprise that Defra has so firmly rejected proposals from the European Commission that revenue derived from auctioning emission permits be earmarked for spending on climate change initiatives. As on everything to do with the growing burden of business taxes, ministers have got their heads buried in the sand.
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$2 billion hidden from taxes
8 May 08, 05:41 ET
WASHINGTON -- When the Pentagon announced that an obscure California company partly owned by an Alaska Native corporation had won a lucrative military contract, no one mentioned any plans for a Caribbean outpost -- a tropical shell the company quickly created that allowed it to duck millions in taxes and deflect U.S. lawsuits.
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Jeremy Warner's Outlook: Ministers cannot win case for green taxes ...
8 May 08, 05:38 ET
It is little surprise that Defra has so firmly rejected proposals from the European Commission that revenue derived from auctioning emission permits be ...
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New PM Putin vows to curb inflation and cut taxes
8 May 08, 05:24 ET
Vladimir Putin, taking over as Russia's prime minister, pledged on Thursday to curb Russia's growing inflation and vowed to cut taxes on the oil industry.
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10% more Polk residents behind on property taxes
8 May 08, 05:13 ET
By JEFF ECKHOFF • jeckhoff@dmreg.com • May 8, 2008 Roughly 10 percent more Polk County landowners are behind on their property tax payments compared with a ...
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NS won't lower gas taxes: premier
8 May 08, 05:09 ET
AMHERST - As much as he sympathizes with gas retailers near the New Brunswick border, Premier Rodney MacDonald is not about to lower taxes to reduce the ...
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Proposal eases property taxes by adding fees
8 May 08, 05:06 ET
By JASON CLAYWORTH • jclayworth@dmreg.com • May 8, 2008 Iowa's city and county governments would have more ability to charge special taxes or fees, ...
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Candidates disagree over taxes, new office
8 May 08, 05:06 ET
BY HEATHER MCLAUGHLIN Was it voter apathy or just too much temptation to stay outdoors on a 20 C evening? Fredericton Chamber of Commerce president-elect ...
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Putin calls for lowering taxes on oil production, processing
8 May 08, 04:59 ET
MOSCOW. May 8 (Interfax) - Vladimir Putin, a candidate for Russian prime minister, has called for lowering taxes to stimulate oil production and processing.
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Reform, fund schools without new taxes
8 May 08, 04:36 ET
By Dave Cogdill and Mike Villines Ensuring our children receive a quality education is an important priority for Senate and Assembly Republicans. ...
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Putin, becoming PM, pledges to cut taxes
8 May 08, 04:28 ET
MOSCOW, May 8 - Vladimir Putin, taking over as Russia's prime minister, pledged on Thursday to cut taxes to support economic growth.
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Greenport budget would hike taxes 18 percent
8 May 08, 04:17 ET
By Julie Lane Greenporters will be paying 18 percent more in taxes if the $2.831 million budget proposal survives intact after Thursday's public hearing. ...
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Self-employed must pay taxes every quarter
8 May 08, 04:02 ET
By Marshall Loeb | Of MarketWatch | Though the tax season is past us, some people must continue to pay taxes year round: the self-employed. ...
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Lopez: Cut taxes to reduce power costs
8 May 08, 04:01 ET
The Lopez family patriarch on Thursday broke his silence on accusations that Manila Electric Co. (Meralco) is to blame for the high cost of electricity in ...
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The truth about taxes is hard to discern
8 May 08, 03:43 ET
I read with great interest Stephen Moore's op-ed ["Do the rich pay their share?" Viewpoints, April 20], and I thought it made some good points. ...
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NY Senate votes to suspend gas taxes
8 May 08, 03:29 ET
ALBANY — The New York Senate has passed legislation to suspend state gasoline taxes for the summer, but it has little chance to become law because the ...
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Taxes on 'Makeover' home may be huge
8 May 08, 03:28 ET
Victor Marrero, who won a new house last summer through "Extreme Makeover: Home Edition," could owe substantial state and federal taxes on the property, a review of tax rules suggests.
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N.Y. Senate votes to suspend gas taxes
8 May 08, 03:15 ET
The New York Senate has passed legislation to suspend state gasoline taxes for the summer, but it has little chance to become law because the Assembly and Gov. David Paterson oppose it.
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Property taxes due on Monday
8 May 08, 03:15 ET
SILVER CITY — Grant County property owners have just a few days left until property taxes are due, but thanks to online and phone payment options, no one has to get stuck with late charges.
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Spending is big despite cuts in property taxes
8 May 08, 03:14 ET
Newly installed Kevin Rudd may well have told his henchmen to bring out the razor but the Western Australian government is in full election mode, ...
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Congress looks at ducking of taxes
8 May 08, 03:06 ET
By Richard Lardner AP When the Pentagon announced an obscure California company had won a lucrative military contract, no one mentioned plans for a ...
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Greensboro council holds line on taxes
8 May 08, 03:00 ET
By Amanda Lehmert In a quick meeting Wednesday night, council members agreed on enough cuts to next year's budget to prevent a planned 2.75-cent tax ...
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Softbank Net Income Doubles, Helped by Lower Taxes (Update1)
8 May 08, 02:39 ET
By Hiroshi Suzuki and Pavel Alpeyev May 8 (Bloomberg) -- Softbank Corp., Japan's fastest-growing mobile-phone carrier, said fiscal fourth-quarter profit ...
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Midvale may raise property taxes
8 May 08, 02:29 ET
By Rebecca Palmer MIDVALE — Midvale is considering a property tax increase that would add about $35 to the average household's annual bill. ...
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Sales taxes down for fifth year in a row
8 May 08, 02:01 ET
By TERRI FERGUSON terriferguson@ddtonline.com GREENVILLE - Sales tax revenues are continuing on the decline in the city, although gaming tax revenues are up ...
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Proposed Manor school budget raises taxes
8 May 08, 02:00 ET
LIVINGSTON MANOR — The Livingston Manor School District is proposing a $14.3 million budget that increases spending by 4.9 percent and hikes taxes by 3.37 percent.
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Defense contractors ducking millions in taxes
8 May 08, 01:37 ET
WASHINGTON: When the Pentagon announced an obscure California company had won a lucrative military contract, no one mentioned any plans for a Caribbean outpost — a tropical shell the company quickly created that allowed it to duck millions in taxes and deflect U.S. lawsuits.
more

Letter: Killing JOBZ, and playing games with taxes
8 May 08, 01:33 ET
By a vote of 80-52, the Minnesota House approved legislation that will raise taxes on the majority of Minnesotans and eliminate rural Minnesota’s strongest ...
more

Sales taxes take deep cut
8 May 08, 00:55 ET
By BRAD KELLAR The local economy, which had been holding strong during a time of reported recession elsewhere in the country, slipped a bit during March. ...
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Madaline Meyer: Collecting Taxes is not Taxing
8 May 08, 00:33 ET
Madaline Meyer never wants to be unpleasant. Still, she has a goal that might make some people a bit uncomfortable: she collects taxes. Rather, she did collect taxes. Madeline retired at the end of April as the assistant tax collector for Deep River.
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KGNZ owes back taxes
8 May 08, 00:32 ET
By Loretta Fulton Christian radio station KGNZ is facing a May 31 deadline to pay overdue payroll taxes or else face the wrath of the Internal Revenue ...
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Don't drop state taxes on gasoline, diesel either
8 May 08, 00:31 ET
As presidential candidates debate a proposed temporary suspension of the 18.4 cent federal gas tax, governors and state lawmakers have their eyes on doing ...
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School board set to increase taxes
8 May 08, 00:23 ET
By Aliana Ramos - aramos@thesunnews.com Facing decreased funding from the state and rising costs, the Georgetown County School District plans to increase ...
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Marcellus raises taxes for first time in mayor's term
8 May 08, 00:22 ET
Yes, taxes are going up in the village of Marcellus, Mayor Mike Plochocki said. But on the bright side, Plochocki said, residents are getting more bang for their bucks.
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Contractors evade taxes through offshore offices
8 May 08, 00:13 ET
WASHINGTON (AP) — When the Pentagon announced an obscure California company had won a lucrative military contract, no one mentioned any plans for a ...
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Taxpayers Oppose IRS Role in Preparing Taxes
8 May 08, 00:06 ET
By WebCPA staff A new poll shows that most Americans don't want state or federal tax agencies to prepare their taxes. The poll, of 800 registered voters, ...
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