Questions tagged [tax-law]
Dealing with the constitutional, common-law, statutory, tax treaty, and regulatory rules that constitute the law applicable to taxation.
333
questions
3
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0answers
75 views
Which US states penalize an employer if they withhold taxes for the wrong state for one of the employees?
Which US states penalize an employer if they withhold taxes for the wrong state for one of their employees? (withhold in California, but employee was in a different state: I'm interested in any US ...
-2
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0answers
12 views
UK tax refund and pension claim - Tier general from india leaving UK now after 3 years [closed]
Tier 2 general ( 3 years now in UK) leaving UK now permanently
Can i claim tax paid?
How to i claim my pension contributions?
-1
votes
0answers
16 views
How do lines 9 and 10 in W-8BEN form work? [closed]
I have created a software plugin and want to sell it on the Internet store of the owners of the plugin host software. As I'm not a USA citizen, the store asks me to fill W-8BEN form, but doesn't ...
0
votes
1answer
36 views
Tax on Prepared Food For Dinner Theater Events in Michigan and Indiana
I am an event producer who partners with banquet spaces to produce dinner theater events in Michigan and Indiana.
The guests pay me for admission, which includes food. I pay the banquet space for the ...
-2
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0answers
11 views
Ecommmerce Tax Law
I am looking to host my ecommerce website in an another country (UK) but only expect customers to be in my native country (US), am I liable for taxes in the hosting providers country?
0
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0answers
20 views
What taxes would a major corporation have to pay for their first remote hire inside of California?
Let's say there was a billion-dollar company. And they wanted to hire someone who was paid $100,000 in California as a W-2 employee. They previously had no one employee in California. What fees are ...
1
vote
2answers
21 views
Tax implications when assigning a patent application to a non-US company?
When a US company transfers ownership for a pending patent application via an assignment to a company outside the US, say for 1 Dollar, are there any tax implications to worry about?
As for the 1 ...
0
votes
1answer
101 views
Does Justice Roberts Obamacare opinion contradict itself?
Chief Justice Roberts' opinion in National Federation of Independent Business v. Sebelius upheld the ACA individual mandate as a tax. Disagreeing with the joint dissenters (Alito, Thomas, Kennedy, and ...
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0answers
26 views
Can an EU country claim tax fees of an orphan pension refund of times where the affected person resided in another?
Explanation at the example case:
Person A is an orphan and was moved from an EU country X to another EU country Y. Lately, after a few years his pension claims were successful and he has received a ...
0
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0answers
17 views
When must an employer issue a Record of Employment in Canada?
I had worked for a company but my contract ended in January. I had since done other work but the industry has been shutdown by COVID-19. I applied for Employment Insurance (EI). Part of it requires ...
0
votes
1answer
35 views
W-4 filled out, no taxes take out of paycheck?
I filled out a w4 upon hire and employer never took taxes out of my check. Is it legal for them to have a w4 on file and not take taxes out your paycheck?
ETA: Exempt was not specified on the W-4 and ...
0
votes
3answers
131 views
How exactly is founder stock created?
Suppose that I found a C corporation, Superlative Widgets Inc., within the U.S. I would like to both fund the corporation and issue myself 100,000 shares in a way that avoids or minimizes my personal ...
7
votes
1answer
1k views
Tax Implication of COVID-19 Induced Remote Employment
A U.S. company has instructed it's employees to work from home for a period extending 4 weeks following city and state guidelines as a necessary precaution in response to COVID-19. Subsequently ...
-2
votes
2answers
113 views
Is a minor liable to pay old dues to his father on attaining majority?
I had some stepfathers and an equal number of fostermothers in my life. My Stepfathers used to work in customs and central excise department of the government of INDIA. They used to be transferred ...
0
votes
1answer
117 views
What article implies that foreign non-EU citizens have to pay VAT for goods and services purchased online?
I'm a Russian citizen. I've noticed that literally all online EU shops and service providers (e.g. web hosting) add VAT to the price. I've spent some time looking for an article that implicitly states ...
18
votes
1answer
4k views
Is there really a German law that requires that credit card companies *only* provide statements in read-only format?
I live in Germany and have a German €-denominated credit card. I used to download my monthly transactions in CSV format, but after a recent web site redesign, the new credit card web site only allows ...
0
votes
1answer
69 views
Is it legal to crowdfund the cash prize that would be payed to the winner of a 1-on-1 sporting event?
I am personally planning to build a donation-based crowdfunding sporting (like chess, shogi, go, etc.) website . I would like to know if it is legal to gather donation from the users then pay the ...
0
votes
1answer
55 views
How does paying income taxes work in the US?
I don't have a well defined idea on how the tax system works in the US, the few things I know is that they are paid to the IRS every amount of time (yearly probably) that there's an interest/...
1
vote
1answer
27 views
Do nonqualified stock options need term limits to be exempt from deferred compensation (409A) treatment?
Suppose that I want to build a startup with independent contractors and want to compensate them with non-qualified stock options (NSOs). I expect the business to take some time to stabilize and ...
-1
votes
2answers
167 views
Do non-US companies have to pay US tax just because they have US customers?
I just came across some US tax forms for foreign entities like W-8BEN-E and 1040NR which made me ask this question.
Suppose a company called Cool Stuff Ltd. runs some sort of online business serving ...
2
votes
1answer
38 views
Contingence in the law - citizenship or residence
Non-US individuals who get payments from a US company have to fill in a W-8BEN form and give the form to the US company and then the US company gives the form to the IRS.
This happens for example ...
1
vote
1answer
34 views
Other means of payment related to property taxes
Probably my question is related to one of my previous ones, but it is most likely not the same.
If a foreigner who doesn't live in the US as main residence and therefore doesn't have tax residence ...
0
votes
1answer
57 views
Cosmetology salon workers status in California from 2020?
I have been reading at various sources that beauty salon workers that have independent contractor status would be reclassified as employees starting from 2020 throughout the California. Presumably ...
3
votes
1answer
71 views
Refusing income or payment without tax liabilities
I am part of a non-profit organization that is insisting on paying me for my time. For personal reasons, this payment is more costly for me to accept than to disclaim it entirely.
Is there a proper ...
0
votes
1answer
33 views
When is “at the time of the gift or inheritance”?
"Similarly, if you received specified foreign property as a gift, or inheritance, the cost amount is its fair market value at the time of the gift or inheritance"
Question:
If I am the beneficiary of ...
0
votes
1answer
31 views
Working for Spouses foreign company
My spouse and I currently live in the US. We plan to move back to my spouses home country, where we will live and work long term. Our current plan is to have my spouse start a company in the foreign ...
0
votes
1answer
30 views
How to handle an existing business' income and expenses when incorporating
I'm looking at incorporating my sole proprietorship as an S Corp. (An alternative I'm also looking into is an LLC taxed as an S Corp).
My existing company already has income and expenses in 2020. ...
0
votes
1answer
46 views
Capital gains from bullion sales
I read on the internet that one can sell, online, less than 25 troy ounces of gold Maple Leaf coins without reporting the sale to the IRS. Is this true? Is this over a calendar year?
1
vote
1answer
80 views
Could U.S. states test a wealth tax?
There has been some debate in the Democratic Party on the subject of a federal wealth tax. I know that there is some debate about the constitutionality of a wealth tax, but for the purpose of this ...
1
vote
3answers
99 views
Living in permanently growing debt to your own company
Some countries entertain corporate income tax rates significantly lower than personal:
Ireland: 12.5% vs 20–52%
Estonia/Latvia: 0% vs 20%
Sweden: 21.4% vs 32–57%
Barbados: 5.5% vs 25–38%
Say Bob ...
2
votes
1answer
39 views
State property immune from local taxation?
I know that Federal property is generally immune from local taxes, but what about property owned by the state? Is that just a matter of state law? Is there a term for this kind of immunity because I ...
2
votes
3answers
250 views
Is it legal to pay a contractor cash?
I know that some businesses accept cash in exchange for services and never declare that income (tax evasion). I understand that it is illegal for businesses to do so. But what about the other end of ...
0
votes
1answer
49 views
Would an organization committed to non-violently supporting indiscriminate human annihilation be eligible for 501(c)(3) exemption?
Hypothetically, if someone formed an organization whose objective was dedicated to the annihilation of the human race, but did not permit violent acts from its members, would it in any way be ...
0
votes
1answer
72 views
What legal consequences might reasonably arise from marking marriage status on tax forms incorrectly?
I want to get married through a confidential marriage license (I'm a California resident), but I don't want my accountant to know (for annoying family reasons). If he later goes through my tax forms ...
2
votes
2answers
52 views
Responsibilities (legal and fiscal) for individual (based in Germany) hiring an international freelance contractor online
Suppose that an individual hires a freelance contractor (through online platforms like Fiverr, UpWork, or Freelancer.com). The contractor may be from any country and may or may not have a regular VAT.
...
1
vote
1answer
87 views
What is the legal principle which requires Apple to pay the Irish State €13 billion?
In 2016, the EU ruled that the Irish State provided state aid to Apple, which was deemed to be illegal.
As a result of this, Apple are required to back-pay €13 billion to the Irish exchequer.
From a ...
0
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0answers
79 views
Do H1B visa holders allowed to use Patreon to get extra income?
Could anyone explain if H1B visa holders legally allowed to use Patreon or similar services to get some extra income or not?
0
votes
3answers
67 views
If an American LLC buys something, do these expenses reduce their profits?
Imagine an American LLC which buys some commodity (e. g. gold) for every dollar that it owns (after taxes). At the end of the year, the company has 0 dollars in the bank (because all money was spent ...
0
votes
1answer
78 views
Tipping competing salon that unjustifiably sued us to IRS for misclassifying their former employees?
We are being sued by a competing business salon that in complaint filed with court alleges that their "former employees" conspired with us in stealing trade secrets (a.k.a. customer contact list). In ...
0
votes
1answer
42 views
UK Single person council tax discount when owning joint property
We own a joint property in the UK, and are full taxpayers of all taxes including standard rate council tax band for the region.
But my partner will be going abroad for a significant amount of time (6 ...
1
vote
3answers
114 views
Can a founder 'gift' pre-existing assets to a company after hiring a cofounder?
I live in the U.S. Suppose that I create a company with a deposit of $10,000 and want to bring in a cofounder for an equity stake of 15% in this company. I have personal assets like computer code, ...
1
vote
1answer
29 views
Property tax in NYC
How much do property taxes amount to in terms of their related asset worth in NYC?
Are they delivered in form of bill or notifies?
1
vote
1answer
41 views
Filing US tax returns over bank account-related interests
I do know that in the US, bank-account interests are taxable as passive incomes, but what I don't understand is the point of filing tax returns on bank account interests, since the government (or the ...
1
vote
1answer
49 views
Buying a home in NYC as a non-citizen with no previous ties with the U.S
If a person wins, let's say, the equivalent of US$ 300 million in another country, goes to New York City and buys a house there, they certainly need to report their own residence in order to live ...
2
votes
1answer
77 views
Isn't paying overdue taxes an indirect admission of guilt?
People are strongly advised to pay taxes due, regardless of how old they may be.
But wouldn't it seem obvious that paying taxes due years back would be somewhat of an admission of guilt? You are ...
0
votes
2answers
48 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 ...
2
votes
0answers
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 ...
0
votes
1answer
99 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 ...
3
votes
4answers
96 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 ...
0
votes
0answers
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, ...
