English Noun tax shelters plural of tax shelter
Two men were sentenced for crimes arising from their organization, promotion and sale of abusive syndicated conservation easement tax shelters. Jack Fisher, a certified public accountant who began...
Tax shelters are any method of reducing taxable income resulting in a reduction of the payments to tax collecting entities, including state and federal governments. The methodology can vary depending on local and international tax laws. Types of tax shelters Some tax shelters are questiona...
Tax shelters are legal, and can range from investments or investment accounts that provide favorable tax treatment, to activities or transactions that lower taxable income through...
The Internal Revenue Service has a comprehensive strategy in place to combat abusive tax shelters and transactions. This strategy includes guidance on abusive transactions, regulations governing ta...
The KPMG tax shelter fraud scandal involved illegal U.S. tax shelters by KPMG that were exposed beginning in 2003. In early 2005, the United States member firm of KPMG International, KPMG LLP, was accused by the United States Department of Justice of fraud in marketing abusive tax shelters...
The Rise of Personal & Corporate Tax Shelters and a Taxpayer’s Obligations to Disclose A basic, simple starting point is probably the fact that no person or entity savors paying taxes beyond what h...
When Is a Tax Shelter or a Transaction a “Reportable Transaction?” In a previous blog post, we discussed some of the regulations surrounding tax shelters and the related concept of a “reportable tr...
Recent Examples on the Web ; This is the same analysis that anybody who participates in a ; This roadmap should cover questions like: What are the estate needs of both passers and receivers of wealth in terms of wills, medical directives, life insurance, and tax shelters? ; In addition to Atresmedia Cine and Señor y Señora, Apaches Entertainment and Belgium’s Wrong Men will co-produce, securing financial support from the Spanish ICAA film agency, Basque tax incentives and Belgium’s tax s...
English Noun tax shelter ( plural tax shelters ) ( economics , finance ) A legal structure that reduces tax liability for a person or that person's assets.