Not filing of taxes is a culpable felony in some jurisdiction. But the government such as that in the United States, late filing of federal taxes is not a punishable offense in order not to totally discourage the taxpayer from filing his taxes. However, late filing of the taxes ...
Most Recent Articles For: jurisdiction
Written by admin on September 3rd, 2011
Written by admin on August 8th, 2011
On April 2, 2009 the U.S. Treasury rolled out a Voluntary Disclosure program (expiring on September 22, 2009). The goal of this program is to bring into the fold undisclosed foreign bank accounts and with them, a lot of tax revenue. The voluntary disclosure program is confiscatory and will ...
Written by admin on July 23rd, 2011
The legal arrangement referred as a trust is entitled for developing various strategies for accomplishing & formulating estate planning, asset protection and privacy benefits for the settlers and beneficiaries (those who are entitled to ...
Written by admin on May 23rd, 2011
Monarch Bhatt-The glimpse of service tax proposals forms the subject- matter of this article.Nothing is certain but death and Tax- Benjamin Franklin 1. Economy may be good or bad, there may be any progress ...
Written by admin on May 22nd, 2011
Why Incorporate an Offshore Tax Haven Company? An Offshore, International Company is commonly set up in a tax haven like the British Virgin Islands, Bahamas, Caymans Islands etc, where there are no corporate or ...
