Tax-free weekend has pros, cons

There are two sides of the sales tax holiday coin.On one hand, Texas shoppers saved an estimated $59.3 million during the tax-free weekend in late August.On the other, state and local governments lost about $59.3 million that would have otherwise trickled into their cash-strapped coffers.

Australian tax office lifts 'Crocodile Dundee' travel ban

Australian tax officials lifted a controversial travel ban on "Crocodile Dundee" star Paul Hogan on Friday, leaving him free to return to his home in the United States, his lawyer said.

Tax Relief, Toshiba Recall: Hot Trends

'Tax relief,' 'Toshiba recall,' 'Wachovia online banking' and 'bankruptcy protection' are the trending topics on Google and Yahoo.

Direct Tax Code a significant reform?

The first version of Direct Tax Code (DTC) which was released for public debate in August 2009 had raised great hopes. The Bill that has now been introduced in Parliament drowned most of them.

Tax reform plan could reduce tax bite for many

Tax reform. For years, economists, tax experts and lawmakers have pushed for it, to no avail.