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Justices to hear major tax case

SCOTUSBlog

Share The Supreme Court will hear oral argument on Tuesday in a challenge to the constitutionality of a provision of a 2017 corporate tax reform law. A Washington State couple went to court to challenge the law after it increased their tax bill by a one-time payment of roughly $15,000. Until 2017, nothing in U.S. shareholders.

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Swiss private bank will pay $22M settlement after helping US taxpayers to hide offshore accounts

JURIST

The authorities entered into a Deferred Prosecution Agreement with R+B, under which R+B has admitted to its unlawful conduct and agreed to pay $22 million in restitution, forfeiture, and penalties. taxpayers in evading their tax responsibilities to the tune of more than $16 million. accountholders. accountholders.

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EU dispatch: proposed EU measures will increase press freedom and safety, but there is still work to do

JURIST

No one has yet been found guilty of the crime, with flaws found in authorities’ investigation into his murder. In 2018, Slovak journalist Ján Kuciak, who investigated tax fraud committed by businessmen linked to prominent Slovak politicians, was murdered with his fiancée in their home. That raid was later deemed unlawful by a court.

Legal 229
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Discover Bank and The Student Loan Corporation to Refund Millions to Consumers

Diane Drain

The Bureau’s 2015 Order was based on the Bureau’s finding that Discover misstated the minimum amounts due on billing statements as well as tax information consumers needed to get federal income tax benefits. The Bureau previously issued a consent order against Discover in July 2015 (2015 Order).

Education 211
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Former South Africa president says successor has ‘committed treason’

JURIST

Speaking for the first time since serving a 15-month jail term for contempt of court, Zuma declared, “[n]o president should conduct private business while in office. Former South African president Jacob Zuma Saturday accused his successor President Cyril Ramaphosa of treason and corruption. It is not allowed.

Court 151
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Russia central bank proposes wider ban on cryptocurrency usage and mining

JURIST

The bank also proposes a ban on crypto mining, terming the electricity required by it as a ‘threat’ to the regular power supply. At present, Russians may own cryptocurrencies but are required to declare them to tax authorities, along with details of purchase.

Finance 211
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Kazakhstan dispatch: new law seeks to regulate online platforms and restrict fake information

JURIST

The authors of the Kazakh law, when preparing it, aimed to solve several troublesome issues. Thus, the law obliges the owners of Internet sites to cooperate with government agencies in the fight against false information and tax evasion.

Laws 190