Philly's Taxing Bloggers … on $11 Profits? - Philadelphia Magazine (blog)

Philly's Taxing Bloggers … on $11 Profits? Philadelphia Magazine (blog) Like everyone else, I'm aghast that someone earning less than $50 in passive income should have to pay $50 a year (or $300 for a lifetime) for the ... and more »

WHEELER v. COMMISSIONER OF INTERNAL REVENUE - Leagle.com

WHEELER v. COMMISSIONER OF INTERNAL REVENUE Leagle.com Since at least 1994, petitioner has failed to file timely Federal income tax returns, relying on a variety of repetitious and frivolous arguments. ... and more »

Q&A: Tax advice for the wealthy if voters pass I-1098 - Puget Sound Business Journal (blog)

Puget Sound Business Journal (blog)

Q&A: Tax advice for the wealthy if voters pass I-1098 Puget Sound Business Journal (blog) Turley: Initiative 1098 taxes wages and passive income such as dividends and interest. The tax is based on federal adjusted gross income above $400000 for ... and more »

Tiger and the £1m tax bill: how British law may scare off Woods from Ryder Cup - Independent

Tiger and the £1m tax bill: how British law may scare off Woods from Ryder Cup Independent But the so-called “passive income” – mainly from endorsements – was not deemed liable for UK tax. Now attempts are made to claim tax not just on a foreign ... and more »

New limits on foreign tax credits - Lexology (registration)

New limits on foreign tax credits Lexology (registration) This FTC limitation is applied separately to different baskets of income, generally passive income and other income. Some income tax treaties provide that a ...