Questions tagged [tax-law]

Dealing with the constitutional, common-law, statutory, tax treaty, and regulatory rules that constitute the law applicable to taxation.

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17 views

How can tax residency be proven within the EU?

I am aware of tax residency 183 days rule which in theory obliges you to pay taxes to a country where you reside 183 days or more. The thing that I do not get is how can this be applied to EU ...
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payments received in one year paid out the next year (US IRS tax question) [migrated]

If you have an agreement that 70% of the profits from an activity will go to a contractor, and you receive the 100% of profits in year 1, but to protect against credit card fraud, you hold those ...
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49 views

Why is it legal to look at pending stock orders for some participants

another question indicates that market participants can take a look at the orders for a stock, option or futures. An ordinary investor can only look at the BID and ASK, but not the entire series of ...
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1answer
90 views

Is imposing taxes on WhatsApp use legal or not?

I hope this is the right SE site to ask this question. Recently, in Lebanon, the government decided to impose a daily tax on the first call made using WhatsApp call feature, equal to 0.2$. Now ...
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4answers
87 views

Does the owner of a foreign company need to pay taxes in the country of residence, if he does not receive any money from the company?

Imagine someone in Austria, let's call him Franz, registers a company in another, non-EU country. He sells some services in the name of the company. The company gets paid by its customers (the money ...
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14 views

Reopening A New Medical Corporation Following Closure Of An Old One Due To Tax Issues

Is it possible for a physician to reopen a new medical corporation with a new tax ID, new telephone number, new location and new name after his old one has been closed due to unpaid taxes? And, if so, ...
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2answers
71 views

Starting a business: is it legal to hire freelancers if you haven't registered the company yet?

The reasons I would want to delay the registration of this business as much as I can are: I don't foresee having a single dollar of revenue until at least 2 years later (the product I'm building is ...
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22 views

How to start the “streamlined procedure” with the IRS?

I am a USA expatriate. I just learned about the IRS requirement to file tax returns no matter where you live. After some research, it seems the way forward is that I enter the "streamlined procedures" ...
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Cyclic definition of “US Person” by the IRS

The IRS classifies taxpayers into categories of "US Person" and "Foreign Person" based on their immigration status. However, the definition appears to be cyclical: According to the IRS: The term ...
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17 views

At formation, in exchange for stock, X contributes cash, Y contributes only “services provided”. What's a smart way to do it?

Setup: X has cash, Y has an idea, experience and contacts and wants to work on this idea full-time. X wants to create a corporation with Y and contribute $100,000 for 50% of its equity. Option 1: Y ...
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33 views

State of Legal Residence - is this person filing taxes right?

I have a friend who left home at 18 to join the Marines. He used his parents' address for mail. He then worked for various overseas companies (doing oil related things) and continued to use his ...
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3answers
105 views

Can Congress, or any other body, subpoena the President's tax records?

President Trump's tax records, and the question of whether Congress can access them, have been on the news for years. In all this time, I've never heard any analyst debate whether or not a president ...
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1answer
29 views

Does receiving a stipend for participating in GSoC constitute self-employment?

I participated in Google Summer of Code and received a stipend from Google. I worked with volunteer mentors associated with free/open source projects not associated with Google in any direct way. ...
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1answer
36 views

Import duty tax UK if the parcel goes back without being delivered

I ordered a parcel from US (I live in UK) and so I paid import duty tax before delivery. Now, for weird reason FedEx didn't delivered the parcel to me and send it back to US. Now, technically there ...
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1answer
183 views

Can you avoid extra taxes by making your children the owners of your new business?

My father wants my brother and I to be the owners of his new business in my home city. The reason behind this is to avoid paying extra taxes, as my father already has many businesses in his name and ...
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2answers
42 views

Taxes and freelancing in Germany

This question is a follow up and more precise version of Tax law and freelancing as a side-job in Germany. As explained in the linked question, working as a freelancer in Germany could turn out to be ...
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Does the ATO recognise a PayPal business account as a valid business account?

The Australian Tax Office requires that all registered companies have a dedicated bank account for their business. Does the ATO recognise a PayPal business account as a valid business account? I'...
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42 views

Hiring freelancers in Germany

This question is the counterpart to Tax law and freelancing as a side-job in Germany. What are the laws concerning hiring a freelancer for a short project (for example an international freelancer ...
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33 views

Does an increase in Tax Exemptions mean I will pay less in Tax for each paycheck? (USA)

I get too big of a refund each year, so I want to get that closer to 0. Not owing and not getting a refund, in tax. Should I increase "exemptions"? Also is "Allowance" and "Witholdings" and "...
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2answers
38 views

Tax law and freelancing as a side-job in Germany

Is it legally possible for a European (non-German) PhD student/research assistant at a German university (who gets paid according to 75% of the TV-L 13 wage) perform side jobs for international ...
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1answer
54 views

Hiring a UK resident and citizen to work remotely in a Finnish company (pre and post brexit)

Company A: a software development startup. Incorporated in Finland. Person B: An UK resident and citizen A is looking to employ B to work entirely remotely. Because of reasons, it is not possible ...
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1answer
53 views

What Remedy When a judge sets an impossible standard of evidence?

Is there a legal term or definition to use in an appeal when a lower court judge has set an impossible standard of evidence in his decision? In a property tax appeal,a judge has ignored higher court ...
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1answer
29 views

Do you have to pay capital gains tax on money earned before you incorporate?

This scenario is in the UK. A person X makes 1.2 million in sales of an asset, before the end of the tax year the invests all the sales into a newly created corporation and they become owners equity....
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2answers
55 views

GST/VAT tax. Why some countries return tax to tourists? [closed]

Some countries return tax to tourists in airports. I don't understand it. Why is it happening? What was the logic behind the decision? Why is it only related to purchase tax and not to income tax? ...
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2answers
145 views

Why can't a cryptocurrency be classified the same way as airline points or store rewards?

According to an article I read on Law360 (paywalled), Facebook's Libra could never be successful as envisioned because the tax reporting burden on it will be too high. Essentially, users will ...
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1answer
105 views

Using IP(Internet Protocol address) to calculate Tax

I understand that if I sell things online, I need to calculate Taxes based on customer location. Can I use IP(Internet Protocol address) to locate customer or should I ask them explicitly? If it is ...
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1answer
84 views

If you pay with something other than money, do you have to pay tax?

As an example, let's say a friend of yours is selling their car, and they also need some DIY work doing on their house. If you do the DIY work for them, and they give you the car as payment, do you ...
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111 views

To what extent has the legality of property taxes been tested in American courts?

In the United States, many State governments tax land property owners based on the value of the property. These taxes are assessed every year and must be paid or the state will seize your property and ...
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2answers
53 views

Does the employee or employer decide how to satisfy the tax withholding requirement for restricted stock granted as income? [closed]

I'm currently working at a startup and am going to receive some equity in the company through a restricted stock grant. The CEO inserted this clause into the grant agreement and it's giving me some ...
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1answer
21 views

What kind of “Trust” should I choose when applying for EIN? Roll over assets from account held in parents' Revocable Trust

My parents established a revocable living trust many years ago. Dad died 12 years ago. Mom died 3 weeks ago. One of the assets in the trust is a mutual fund account with Invesco. They are ...
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1answer
72 views

What authority does a US state use to tax former residents?

Some US states such as California and New York go to great lengths to keep former residents part of their tax base. As an example, New York continues to consider an individual to be domiciled in NY ...
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1answer
29 views

What is the optimal form of business, if you are living in Austria and want to minimize legal and tax burden? [closed]

I have a day job and in my leisure write a book. When the book is complete, I want to sell it. Thereafter, I will write another book. The first couple of books will, most likely, be sold at a loss. ...
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1answer
61 views

If a person is court ordered to pay child support in the state of Ohio does that person have the right to claim said children on taxes

Who has the right to claim children. On federal taxes in Ohio?
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1answer
75 views

Does the federal government have authority to impose tax laws at the state level?

I was reading IRS Stops Attempt To Bypass Trump Tax Law, MD Lawsuit Continues. The article states: ... The IRS said Tuesday that states cannot bypass a $10,000 cap on state and local tax (SALT) ...
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1answer
3k views

Can U.S. Tax Forms Be Legally HTMLified?

If I want to have a U.S. government tax form, like a W-9, be able to be filled out on my website, can I convert it to html (so that it looks as identical as possible to the original form), have the ...
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16 views

Is a travel agent obligated to support/accept tax-exempt certificates and process refunds for all states?

If a travel agent based in AZ is the charging party, brokering a hotel in TX, and the guest provides a TX tax exemption certificate, is the travel agent obligated to accept/process it and provide a ...
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4answers
191 views

Schwab 401k 'hacked'; somehow they added/linked an unknown bank account and transfered out ~10% of my balance!! How

I recently received a couple of 'notification' emails from Schwab re. the approval/completion of various changes I supposedly requested to an old 'inactive' (past employer) 401k account, including: ...
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1answer
3k views

Is this story about US tax office reasonable?

Ages ago I read a nice story that sounds quite reasonable, but might be complete nonsense. Here it goes: A private detective in the USA has lots of lawyers as customers. And they are notoriously ...
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2answers
82 views

When do you need to request a W9?

I know that a W9 is required when paying over $600 to a US individual or company that is your vendor. What I'm confused about is why you don't need to request a W9 if you walk into best buy and have ...
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153 views

What is the 83b Election postmark filing deadline?

I am getting mixed opinion on how the 83b deadline is interpreted and need clarification, due to the potential financial implications. Does the 83b election need to be filed 30 days beginning on the ...
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1answer
57 views

Tax fraud, revealed on the show

A person on disability, supposedly can only make $1000/month without having to report that income to the IRS. If a person on the show is shown to make more than they should, revealed in a case before ...
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1answer
65 views

ARD / ZDF reduced bill or no pay at all

I have many years now "Tinnitus". I have already visited a doctor and he told me that i can use a hearing device or i should do an operation, if things go worse. A friend of mine said that as long i ...
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1answer
86 views

Congress and Trump's Tax Filings [closed]

I am very interested in Congress subpoenaing the IRS for Trump's individual Tax Return for the last 6 years. I realize they have oversight. But it would look to me as an one outside of the law ...
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0answers
27 views

Do I have to pay taxes on external savings?

I am thinking about moving to Canada to work, save for retirement, and move back to Portugal for retirement because of the lower cost of living. I will contribute to the Canada Pension Plan and also ...
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1answer
56 views

Who gets the tax credit, if I say yes to “Would you like to donate a dollar to xyz” at the cashier of a shop in the U.S.A.?

I often get asked by some fast food restaurants and other businesses to make a donation to such and such cause when I try to pay at the cashier. If I say yes, who gets the tax credit? Me or the ...
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1answer
105 views

Is it legal for tax company to fail to protect my tax info from former spouse?

I file taxes with H&R Block. I divorced in 2016. My ex-spouse logged into H&R Block 4/13/19 and was able to view my 2016 and 2017 taxes. An H&R Block associate instructed me to contact ...
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1answer
113 views

Are there legal consequences if Trump's tax returns are not handed over?

In an April 13 letter that appeared to move Democrats closer to a federal court battle against the Trump administration, House Ways and Means Committee Chairman Richard Neal warned the IRS that ...
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2answers
36 views

Tax treaty and residence country taxation

Suppose you are a scholar that has a contract at a university in state S for less than 2 years, and you are resident in your home country, say Italy. Then you successfully apply for tax treaty ...
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2answers
230 views

Why Elizabeth Warren effective tax rate is 22% and not 30% on $900k income [closed]

Today US Senator Elizabeth Warren released her family's tax returns, as reported here by LA Times. Article says that: Democratic presidential candidate Elizabeth Warren has released her tax ...
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3answers
59 views

Taxation in the U.S. for non-residents living abroad [closed]

I have the opportunity to get a small share of an acquaintance's LLC in the U.S. in exchange for some services. However, I am not a U.S. citizen or a resident of the U.S. - in fact, I have never been. ...