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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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Would Darrell Royal have been allowed to keep Willie Nelson's Pedernales Country Club if he had paid the amount of the foreclosure on it?

This question is more about possible government overreach than a legal question, which I thought made it a better fit on the Stack Exchange Politics site since government and taxes are topics ...
Steve Pemberton's user avatar
0 votes
1 answer
37 views

US Tax-exempt filing form

I thought as a US nonprofit I could file Form 990-EZ. When I was applying for an EIN, I selected corporation as my nonprofit's structure. I believe 501c(3) nonprofits must be structured as a ...
pmagunia's user avatar
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-4 votes
1 answer
69 views

Does online business, only using crypto currency have collect a tax bill before they can release funds back to an individual?

Online platform company, invest small amount of funds to earn a commission by reviewing items. If an item becomes to expensive you account goes negative and you have to deposit money to clear to ...
Nancy Wallace's user avatar
1 vote
1 answer
45 views

Calculating Estate Tax with a charity

Consider the following hypothetical situation. A person, called Joe, dies in 2024 with a taxable estate of 20 million dollars. There is no issue of a state estate tax. The terms of his will state that ...
Bob's user avatar
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-2 votes
1 answer
49 views

Can 501(c)(4)s donate to political candidates' campaigns?

Can 501(c)(4) non-profits fund political candidates' campaigns? Unlike a 501(c)(3), 501(c)(3)s can engage in political activity, endorse candidates, etc.
Geremia's user avatar
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-5 votes
0 answers
62 views

What taxes are applied to entrance fees to a skill based gambling game? [closed]

Consider an online skill-based game involving betting: In this game: Users buy Tokens. Tokens are used to enter a game. The game itself is a skill based game - like chess Tokens are traded within the ...
iamacomputer's user avatar
0 votes
2 answers
75 views

What are the federal tax consequences of the repossession of a property where the FMV is less than the value of the loan?

This is a conceptual question, but I have included a sample set of facts to set the stage: Bank loans $200k to Individual A to purchase home. Individual A pays the loan down by $20k, but eventually ...
user avatar
0 votes
1 answer
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Common reporting standard

I have a question that I still have no answer for. I know that countries have a mutual agreement called Common Reporting Standard which is thought for fiscal transparency, but how does it operate? If ...
abdul's user avatar
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2 votes
0 answers
62 views

What is a union? How is a union created? What are union restrictions? [closed]

In states within the United States (pick Arizona for example), what is a labor union? I'm not looking for the "organization that represents employees" answer. I'm looking for the legal ...
Eliter's user avatar
  • 151
3 votes
1 answer
204 views

Does the UK have an equivalent to the Cheek defence?

In essence, in the UK, can someone raise a defence of an unreasonable yet good-faith misunderstanding if charged with tax evasion? In Cheek v. US, the US Supreme Court stated that a defendant’s mere ...
BakedAlaska624's user avatar
6 votes
3 answers
1k views

What are some of the legal consequences of hiring full-time employees as independent contractors?

I read on the Workplace SE people mention being full-time employees employed as independent contractors. What would be the legal consequences of doing so? I'm under the impression that contract work ...
Neil Meyer's user avatar
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0 answers
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Which payroll tax and labor laws are relaxed when hiring a family member instead of a regular employee caregiver in California?

There is plenty of information already for an elderly dad hiring a caregiver as a household employee in California such as this check list for California tax and labor laws. And this check list is ...
GratefulDisciple's user avatar
2 votes
2 answers
148 views

Council Tax Avoidance

I was wondering what this crime would be called Basically a patch of land has two houses on it. One house is all legal and sound. The second was built without permission/secretly etc. The family that ...
Paul B's user avatar
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-4 votes
1 answer
122 views

Is it legal having two 40 hour jobs in 2 EU countries being non EU [closed]

I have a work permit in Sweden for 3+ years. I have received a job offer from another EU country. I want to work both jobs. Both jobs are 55k+ euro annually so I have no issues with minimum ...
Arthie's user avatar
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0 votes
1 answer
291 views

How does the IRS know how long I live in a house?

I moved out of a house 2 years ago that turned into an AirBNB when I moved out. Now, I want to sell that house, but to avoid capital gains, I have to have lived in it for 2 out of the last 5 years. I ...
Dylan's user avatar
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-2 votes
1 answer
114 views

A gift loophole to avoid taxes in US

Let's say for the sake of concreteness a US person owns a property in a foreign country. If the person decides to sell the property, then he/she owes capital gain taxes. Now here is a gift scheme to ...
user127776's user avatar
0 votes
1 answer
65 views

Germany GmbH shareholder living in another EU country

When an EU citizen who is holding shares of a GmbH decides to move to another EU country, what are his obligations to the tax office and the state?
ptheofan's user avatar
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9 votes
2 answers
2k views

Whose responsibility is VAT?

Circumstances: I have engaged a local building company to quote for works in my home. He provided a quote of £12k, which included VAT. I called him to haggle the price, and he said that if I paid him ...
confidenthour's user avatar
1 vote
1 answer
185 views

Where in law are churches exempt from Form 990?

Churches enjoy non-profit status without complying with most non-profit disclosure requirements. From the IRS website: "Generally, tax-exempt organizations must file an annual information return (...
RussH's user avatar
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2 votes
0 answers
57 views

What is necessary to restart NJ's rebate program for electric vehicles?

NJ has a program which provides a substantial rebate on the purchase or lease of an electric vehicle. I had learned that NJ had paused the program effective November 21st of 2023 due to the relevant ...
Pyrotechnical's user avatar
4 votes
1 answer
431 views

Does OpenAI get any tax benefits from its organization structure?

At this point most people know OpenAI, one of the hottest companies in America. It has the following strange organization structure: My question is whether this gains them any tax benefits? Is this ...
CuriousMind's user avatar
1 vote
1 answer
114 views

Can people legally perform services for others without declaring themselves to be an offical self-employed organization?

A person would like to provide home services for some of his neighbors. Is it necessary to set up an official business and employ himself -- perhaps for purposes of sales-tax compliance?
Super Substrate's user avatar
2 votes
2 answers
227 views

Does the Canadian government translate court cases from English to French and vice versa?

I am currently reading through various tax judgments when a specific case caught my attention. Racine; Demers et Nolin v. Ministre du Revenu National, 1965 CanLII 1108 (CA CÉC), 2 RC de l'É 338 ...
AlanSTACK's user avatar
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4 votes
1 answer
428 views

What is the legality of a 0% interest unsecured loan?

I have heard that these are legally stigmatised/frowned upon, and subject to various different types of restrictions, I think mainly for tax reasons. But a recent answer describes this as a seemingly ...
TylerDurden's user avatar
4 votes
1 answer
294 views

Why would a 501(c)(3) nonprofit organization run its major operations in an LLC?

I was looking into the corporate structure of the Signal App, and it's very strange from the non-lawyer (IANAL) perspective. The parent organization is a 501(c)(3) nonprofit, but the app is developed ...
Betsy Dupuis's user avatar
1 vote
2 answers
61 views

How does gift tax work for unmarried households?

Say Ash, Bret, and Charlie decide to form a household. Ash has a house that would rent for $10,000 a month, Bret has three extremely expensive cars, and Charlie has a huge collection of very valuable ...
interfect's user avatar
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23 votes
1 answer
9k views

Is it illegal to have a product delivered to a different ZIP code to pay less sales tax?

Me and my friends were chatting in dinner in California. Some were complaining about the high sales tax rate in our state. One suggested that if any of us had an Oregon address, we could have our ...
um797497's user avatar
  • 239
0 votes
0 answers
26 views

Pay Additional Dwelling Supplement if buying a new main residence?

This applies to purchasing a home in the UK: If I were to buy a new house that will become my new permanent residence, but I don't sell my current home and instead intend to let it out, do I need to ...
Leonhard Euler's user avatar
0 votes
0 answers
141 views

Is it legal to do lots of imports £1 below the limit to not have to pay import duty?

Recently (since Brexit?) the UK tax law has been changed to require foreign online retailers like AliExpress to charge UK VAT @ 20% at the point of sale. If an order is placed for > £135 then as ...
Danny Beckett's user avatar
-4 votes
1 answer
144 views

Does it say anywhere in the tax code that it is a law to pay FEDERAL taxes [duplicate]

I thought I heard there was one court case of a sovereign citizen who asked the question of the prosecution where in the tax code it says that paying federal taxes is the law. When the prosecution was ...
Lee Beck Davila's user avatar
0 votes
2 answers
124 views

Sham gift scheme to evade foreign buyer tax

Reading the National party's intention to impose 15% tax on foreigners buying property in New Zealand, I wonder if the following scheme could well flourish if that plan came to reality. Say Yáng, a ...
Greendrake's user avatar
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0 votes
1 answer
190 views

Sales tax and insurance

Is it legal to charge sales tax for the full price of the item before insurance instead of the discounted amount after insurance in the state of CA? The good is being shipped from outside of CA. More ...
user127776's user avatar
4 votes
2 answers
2k views

Why is research grade ethanol seemingly exempted from excise duties while pure ethanol ment for consumption isn't?

At Sigma-Aldrich I can buy one liter of unadulterated ethanol for just 26.60 EUR. This ethanol contains no additives and is pure enough for analytical purposes. Its made by fermenting grain or ...
Maurice's user avatar
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0 votes
1 answer
100 views

Where can I find the tax waiver rules for New Jersey?

A person dies in the state of New Jersey. When do you have to file form L-4? Note: It seems to me that if all the beneficiaries are class A then there is no real need to file form L-4 because there is ...
Bob's user avatar
  • 1,203
1 vote
1 answer
45 views

payment of taxes in the USA following an online sale of an electronic product [duplicate]

I would like to sell a luminaire on the European market and in the USA. From what I understand, CE certification is required to sell on the European market. In the USA, however, such certification is ...
fedand's user avatar
  • 11
3 votes
3 answers
1k views

Inheritance tax on foreign gifts

Suppose that I as a UK citizen living in the UK am given money by an American who then dies. Do I have to pay inheritance tax to either the UK or US governments?
sno's user avatar
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2 votes
2 answers
118 views

Final Income tax Return due to death

If a person dies in 2023 and he has significant income in 2023 he has to file an income tax return. Would that income tax return cover the entire year or would it just cover Jan 1 to the date of death?...
Bob's user avatar
  • 1,203
7 votes
2 answers
2k views

Is there a good reason for the IRS to seize ATF 4473 Forms?

I recently had someone angrily bring up on Facebook the IRS raid of Highwood Creek Outfitters on June 14th, 2023 where they apparently seized several years of ATF 4473 forms, forms used to document ...
SCD's user avatar
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1 vote
1 answer
317 views

Stamp duty liability when adding partner to mortgage? (UK)

My friend and her partner have recently moved in together (England). Her partner owns a property that is now being let out, and she has added him to her mortgage. They were under the impression he ...
andtodd's user avatar
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8 votes
4 answers
1k views

Does one need to pay sales tax for the vehicle?

This is a hypothetical situation. John owns a vehicle worth $5000. John gave this vehicle to his friend David for free and one week later, David gave John a $5000 monetary gift for John's birthday. In ...
Zuriel's user avatar
  • 641
0 votes
1 answer
45 views

Where would I find information about Sales Tax in New Jersey about tutoring?

Is there a document or New Jersey official page where I could find information about sales tax pertaining to conducting tutoring services in New Jersey? I am using a Stripe Payment system and it doesn'...
Jose M Serra's user avatar
-1 votes
1 answer
74 views

Can an independent contractor from Zimbabwe have a bank account in South Africa to receive income from a South African company?

In a case where a South African company has contracted independent contractors from for example Zimbabwe or other foreign countries, is it legal for the independent contractor to be paid into a South ...
Didi's user avatar
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1 vote
1 answer
189 views

Is it legal to store gold at home in the USA?

Is it legal to store physical gold at home in the US? If so, what taxes may be applied on the gold held at home, in form of both jewelry or raw gold?
best_of_man's user avatar
1 vote
2 answers
246 views

Can you keep money from an unknown source?

I have recently rewatched Breaking Bad, and something that happened in the last season had me wondering. Jessie tries to give $2.5M each to Mike's granddaughter and the family of the boy that was ...
Ethan2001's user avatar
2 votes
1 answer
154 views

NYC Warranty Deed - minimum documentation required for transfer to LLC

I have the need to transfer an apartment my wife and I own Fee Simple to a Multi-member LLC whose members are currently the two of us. I have prepared a standard Warranty Deed to do the transfer and ...
FDS's user avatar
  • 121
8 votes
3 answers
3k views

Can a founder of a non-profit company in Germany (gGmbH) receive a salary?

Unlike a normal GmbH, a founder/partner (Gesellschafter) of a gemeinnützige GmbH (or a UG) may, according to the tax code, not receive any profits: Die Mitglieder oder Gesellschafter (Mitglieder im ...
Druckles's user avatar
  • 362
0 votes
1 answer
84 views

Would returns from investing in stocks cause one to reach the tax barrier on a student visa?

As far as I understand, one can earn about 850ish euros per month (as of 2023) without tax on a student visa source. Also, I learned that investing while on a student visa as a non EU international is ...
Babu's user avatar
  • 1,369
8 votes
1 answer
337 views

At what point does a tax become a ban?

I believe that it is mostly uncontroversial that it is constitutional for a state to tax firearm purchases at a reasonable rate. If a state had a law imposing a 10% sales tax on all firearm and ...
Someone's user avatar
  • 17k
-1 votes
1 answer
187 views

Tax forms signature requirement violating the 5th Amendment? [duplicate]

I notice that the IRS requires taxpayers to sign their tax forms under a notice that states "I declare under penalty of perjury that ....[the information provided on the form is true]". ...
Cicero's user avatar
  • 6,920
1 vote
1 answer
211 views

IRS Form 5472 - What is a related party?

I am looking at the definition of a related party at https://www.irs.gov/instructions/i5472#en_US_202301_publink1000283641 and the definition includes further references to some sections? What are ...
giorgio79's user avatar
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