Thanks to a document known as a private letter ruling, even small companies can probe the Internal Revenue Service's attitudes about state - of - the - art,
aggressive tax strategies.
«If you're dealing with
an aggressive tax strategy that might save or cost you a six - figure amount, you'd be foolish not to approach the IRS about it first,» emphasizes Richard Colombik, a lawyer and certified public accountant based in Schaumburg, Ill..
Not exact matches
A combination of the lowered corporate
tax rate under the US» new
tax law and shipping demand rising faster than the company previously expected drove the
aggressive investment
strategy.
Witness the furor in the U.K. over the
aggressive tax planning
strategies of Starbucks, Google and Amazon.
The company has also come under scrutiny for its
aggressive tax avoidance
strategies.
His call for higher
taxes on the rich shows that he will embark on a more
aggressive strategy of differentiation from the Tories.
However, it is clearly wrong that, as we invest in building a taxpaying business employing hundreds of South Africans, we are competitively disadvantaged through
aggressive tax - planning
strategies of global businesses,» says 24.com CEO Geoff Cohen.
The corporate
tax take (as a % of GDP) has declined almost 75 % in the same period due to powerful lobbying, more
aggressive domestic
tax strategies and the booking of v significant profits in low
tax overseas subsidiaries.
The IRS is using the same
aggressive strategy with Coinbase investors it used to thwart
tax evasion among Swiss banks.
Our accountant is incredibly creative and
aggressive with our
tax strategy as well.