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[News] Tax Software Requires Transparency, Should be FOSS

  • Subject: [News] Tax Software Requires Transparency, Should be FOSS
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Tue, 19 Feb 2008 15:24:08 +0000
  • Newsgroups: comp.os.linux.advocacy
  • Organization: Netscape / schestowitz.com
  • User-agent: KNode/0.10.4
FSFLA board member requests source code of Brazilian tax software

,----[ Quote ]
| "Other countries, such as US and Ecuador, publish their tax file formats, 
| enabling multiple software implementations, including Free Software ones", 
| points out Oscar Valenzuela, FSFLA board member. "It's a pity that Brazil, 
| held as a global reference of Free Software adoption, resorts to insecure 
| non-Free Software for something that affects so many citizens, aggravated by 
| the missing or incomplete publication of transmission protocol and file 
| format specifications."      
`----

http://www.fsfla.org/svnwiki/anuncio/2008-02-softimp-irpf2008


Recent:

Wis. Bill to Require Tax Loophole Data

,----[ Quote ]
| Wisconsin Bill Would Require More Reporting on Tax Loopholes
| 
| [...]
| 
| A message left with Microsoft was not immediately returned.
`----

http://biz.yahoo.com/ap/071219/wi_corporate_taxes.html?.v=4


Same day:

Microsoft Declares Quarterly Dividend

,----[ Quote ]
| Microsoft Corp. today announced that its board of directors declared a 
| quarterly dividend of $0.11 per share. The dividend is payable March 13, 2008 
| to shareholders of record on February 21, 2008. The ex-dividend date will be 
| February 19, 2008.   
`----

http://biz.yahoo.com/prnews/071219/aqw142.html?.v=25


Related:

,----[ Quote ]
| 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.
`----

http://www.mail-archive.com/futurew...@xxxxxxxxxxxxxxxx/msg03323.html 


Ecuador Tax Agency Closes Microsoft Branch Offices For 7 Days

,----[ Quote ]
| "We have twice requested balances, payment reports and complete tax 
| information, but the company hasn't given it to us, so in accordance with our 
| laws we have proceeded with the closure," the SRI official in charge of the 
| proceeding said.   
`----

http://money.cnn.com/news/newsfeeds/articles/djf500/200710041610DOWJONESDJONLINE000810_FORTUNE5.htm


Microsoft Office raid in Hungary

,----[ Quote ]
| "Such behavior could lead to the exclusion of competitive products from 
| the market and violate European Union rules, according to the authority 
| known as the GVH."
`----

http://www.forbes.com/feeds/ap/2007/07/26/ap3957835.html


Microsoft exec dumped stock prior to Red Ring announcement

,----[ Quote ]
| To make matters more murky, the sales were not registered with the Securities 
| and Exchange Commission within the mandatory two days of the transaction, a 
| result of an alleged "administrative error." Microsoft has since remedied the 
| issue by following the "procedures required of late-filers."   
`----

http://arstechnica.com/journals/thumbs.ars/2007/08/14/microsoft-exec-dumped-stocks-prior-to-red-ring-addresment


Microsoft's Bach sold more stock before Xbox news

,----[ Quote ]
| Microsoft Corp. executive Robbie Bach sold $3 million more in company stock 
| during the period leading up to an announcement about a costly flaw in its 
| Xbox video game console than previously reported, according to a filing 
| Monday with the Securities and Exchange Commission.   
`----

http://www.marketwatch.com/news/story/microsofts-bach-sold-additional-stock/story.aspx?guid=%7BBECA3A50-EF33-4161-A111-A43BDC8B0462%7D&siteid=yhoof


Insider Trading Hasn't Affect Microsoft Stock - Yet

,----[ Quote ]
| MarketWatch.com reports that Robbie Bach, president of Microsoft's
| Entertainment and Devices division, sold $6.2 million of Microsoft
| stock just prior to announcing that Microsoft was going to have to 
| extend XBox 360 warranties to three years because of extensive 
| failures. The filings note that this was not part of any 
| scheduled diversification or selling program; this was a 
| conscious, unscheduled sale by the guy in charge of releasing 
| news that could affect the value of Microsoft stock.
| 
| [...]
| 
| Insider trading is a very serious violation of the law; just 
| ask Martha Stewart, who served five months in prison for 
| avoiding losses of $43,000 through trades that just had suspicious 
| timing (no insider trading was actually proven). This is $6.3 
| million that went straight into Robbie Bach's pocket.
`----

http://biz.yahoo.com/seekingalpha/070713/40947_id.html?.v=1

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