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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1answer
40 views

Sharing ad revenue [closed]

My friend and I own a website which hosts fan-created content for a video game (character skins, etc.), and make around 800$/month in ad revenue, which we're splitting 50/50. To thank the people ...
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1answer
59 views

Barrister in the UK

I have had an interest in taxation throughout my adult life, and I recently stumbled upon a position at a Chambers to do exactly that, and they also pay for me to become a Barrister. If I eventually ...
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1answer
383 views

How many years could Chauvin get for tax fraud?

Derek Chauvin was charged with nine counts of felony tax fraud. I looked up the maximum sentence for tax evasion. It is five years. Does this mean that, from taxes alone, Chauvin is eligible for 45 ...
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1answer
60 views

Do I have to pay taxes if I register the domain but the website income belongs to someone else?

If I am the registrar of the website domain name, meanwhile the website/business is running and registered in another country, who is obliged to pay taxes for the income of business, me as registrar ...
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2answers
58 views

Income tax bracket threshold for zero tax in the US and regarding no income at all

(1) I am trying to find out whether one has to file any income tax if they are an American citizen permanently living abroad but having literally no income? (2) While trying to search about this on ...
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Does apply Single Tax Principle in that situation?

Does apply Single Tax Principle in that situation: Person is citizen of Chile, but currently lives and has residence in Ukraine and works remotely meanwhile Chile. Does he need pay taxes in Ukraine?
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Should a developer from India pay income tax to India for those revenues come from selling apps in the microsoft store?

Consider the scenario. A programmer from India sells apps not directly, but thru Microsoft App Store. Should he pay income tax to India for those revenues deposited from Microsoft? Or will it be ...
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1answer
40 views

Do I need to pay duties when bringing items into country for storage?

I have a very interesting situation. I have a whole bunch of product cartons at Amazon warehouses in US right now. They were imported from China and duties were paid upon importing to US. I am not ...
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3answers
131 views

Is it common that a country has a law that supports additional taxing for national media?

An European country Slovenia (That small thing east of Italy) has a law that basically forces each household to pay additional tax each month for national radio-and-tv station. The amount is fixed to ...
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1answer
90 views

Can I pay sales taxes directly to the state instead of paying them to merchants?

A number of news reports have indicated that merchants who collect state sales taxes delay paying them for an indefinite amount of time and often pay them out of the following months' revenues. This ...
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1answer
23 views

Capital gains tax on half a house?

My mother and I jointly own a house in Nevada. It's her primary residence, but not mine. Is there any way to legally avoid paying capital gains tax if the house is sold either because my mother wants ...
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2answers
50 views

How to calculate currency conversion for USA consumption tax (sales tax) reporting

I have been told, that an overseas company selling in USA need to collect consumption tax and pay it back to US. However, our company is going to charge our customers in Australian dollars. Thus, to ...
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0answers
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What constitutes 'pre-existing structure' in a tax abatement?

I recently purchased a new construction condo in Philadelphia, PA which is subject to a tax abatement via Philadelphia Ordinance 1456-A. According to a document I have from the City of Philadelphia's ...
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1answer
23 views

USA: What happens if I do not file form 990 for a nonprofit?

I have a nonprofit that I cannot liquidate because I do not have a US credit card to pay for liquidation. (I paid for another person to liqudate it for me, but Colorado Secretary of State office ...
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0answers
89 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 ...
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1answer
39 views

Tax on Prepared Food For Dinner Theater Events in Michigan and Indiana [closed]

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 ...
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0answers
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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 ...
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2answers
27 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 ...
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1answer
106 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
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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 ...
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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 ...
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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 ...
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3answers
134 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 ...
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1answer
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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 ...
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2answers
115 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 ...
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1answer
133 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 ...
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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 ...
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1answer
88 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 ...
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1answer
59 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/...
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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 ...
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2answers
172 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 ...
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1answer
41 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 ...
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1answer
35 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 ...
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1answer
63 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 ...
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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 ...
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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 ...
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1answer
32 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 ...
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1answer
31 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. ...
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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?
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1answer
84 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 ...
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3answers
104 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 ...
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1answer
40 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 ...
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3answers
412 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 ...
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1answer
52 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 ...
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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 ...
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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. ...
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1answer
89 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 ...
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0answers
94 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?
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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 ...
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1answer
81 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 ...

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