Iowa Legislature 2008 Session Tax Proposals Last updated: 3/3/2008
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| This listing is an attempt to track tax bills for Iowa's 2008 legislative
| session. While we will do our best to keep it up to date, we appreciate any
| updates or corrections our readers may have. Direct them to Joe Kristan
| (jkristan -at- rothcpa.com).
|
| [...]
|
| HF 2233 Great big sales and property tax giveaway to Microsoft Signed
| into law 2/28/08 Sure thing HF 2233c
|
| [...]
|
| SSB 3184 Senate version of Microsoft giveaway; same as HF 2233, which was
| signed 2/28/08 Introduced 2/14 Sure thing
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http://www.rothcpa.com/archives/2008taxbills.htm
Yesterday:
Microsoft in tax evasion soup
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| Software major Microsoft Corp’s Indian subsidiary has been issued a
| show-cause notice for non-payment of service tax worth Rs 127 crore. The tax
| has been claimed on services offered to Microsoft Singapore by way of
| marketing support.
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http://infotech.indiatimes.com/Microsoft_in_tax_evasion_soup/rssarticleshow/2977840.cms
Related:
Wis. Bill to Require Tax Loophole Data
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| Wisconsin Bill Would Require More Reporting on Tax Loopholes
|
| [...]
|
| A message left with Microsoft was not immediately returned.
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http://biz.yahoo.com/ap/071219/wi_corporate_taxes.html?.v=4
Microsoft says to borrow money for Yahoo deal
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| Microsoft Corp said on Monday it may borrow money for the first time in its
| history to fund a portion of its $44.6 billion unsolicited offer for Yahoo
| Inc.
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http://www.reuters.com/article/companyNews/idUSN0455692920080205
Bill Gates: Rich Individuals Should Pay More Tax, Wealthy Corporations Less?
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| As Taxing Tennessee points out, Bill Gates opposes eliminating the death tax
| but is quite happy to have local and state taxes eliminated for his
| company...
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http://seekingalpha.com/article/65465-bill-gates-rich-individuals-should-pay-more-tax-wealthy-corporations-less?source=yahoo
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| My background is finance and accounting....
|
| However, the Gates Buffet foundation grant is nothing more than a shell
| game in which control of assets for both Gates and Buffet remain the same.
|
| THE ONLY DIFFERENCE IS THAT THE ACCUMULATION OF WEALTH BY THESE TWO WILL BE
| MUCH MORE MASSIVE BECAUSE THEY WILL NO LONGER HAVE TO PAY ANY TAXES.
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http://www.mail-archive.com/futurew...@xxxxxxxxxxxxxxxx/msg03323.html
Microsoft EULA lands it with $175m Indian tax headache
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| Basing its ruling on the terms of Microsoft's own EULA (end-user license
| agreement), an Indian court has ordered the company to pay tax on royalty
| income generated in the country, Tax India Online (TIOL) reports.
|
| [...]
|
| “Unacceptable tax avoidance typically involved the creation of complex
| artificial structures by which, as though by the wave of a magic wand, the
| tax payer conjures out of the air a loss, or a gain, or expenditure, or
| whatever it may be, which otherwise would never have existed. These
| structures are designed to achieve an adventitious tax benefit for the
| taxpayer, and in truth are no more than raids on the public funds at the
| expense of the general body of taxpayers, and as such are unacceptable.
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http://www.channelregister.co.uk/2008/03/31/microsoft_india_tax_ruling/
Cheers not jeers to Speaker Chopp on the Microsoft tax concession
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| The Columbia Basin Herald this past week characterized House Speaker Frank
| Chopp as being a Forrest Gump, "stupid is as stupid does" villain for
| opposing big proposed tax breaks for Microsoft and Yahoo. The tax concession,
| those companies said, were necessary to keep them from fleeing Grant County,
| where they have huge server farms. The requests were similar to the $3.2
| billion in breaks Boeing Co. got from Governor Gary Locke and the Legislature
| when it threatened to take some of its assembly operations elsewhere.
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http://www.crosscut.com/business-technology/12933/Cheers+not+jeers+to+Speaker+Chopp+on+the+Microsoft+tax+concession/
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