Questions tagged [tax-law]

Dealing with the constitutional, common-law, statutory, tax treaty, and regulatory rules that constitute the law applicable to taxation.

Tax law is an area of legal study dealing with the constitutional, common-law, statutory, tax treaty, and regulatory rules that constitute the law applicable to taxation. https://en.wikipedia.org/wiki/Tax_law

A governmental assessment upon property value, transactions, estates of the deceased, licenses granting a right and/or income, and duties on imports from foreign countries. It includes all contributions imposed by the government upon individuals for the service of the state.

Further reading: https://www.hg.org/tax.html

626 questions
52
votes
3 answers

How does the mandate to report income from illegal activities in the US jibe with the Fifth Amendment?

Al Capone was famously taken down for tax evasion for not reporting income from his illegal activities. If someone were to report the income from illegal activities like a marijuana dispensary or a bribe, my understanding is that they would be then…
A. K.
  • 2,318
  • 1
  • 21
  • 34
38
votes
2 answers

If you are a lawyer of a thief, drug dealer, or human trafficker, what would you tell your client to tell IRS?

I read this in 9gag. So what should we do if we are in this situation? If thieves and criminals can just say I have this income and don't tell the source, can legitimate businessmen do the same?
obfuscated
  • 1,115
  • 2
  • 11
  • 13
27
votes
4 answers

What happens to Donald Trump if he refuses to turn over his financial records?

Headlines for 2021 February 22 read "Supreme Court Approves Subpoena for Trump's Financial Records". Since the Supreme Court has now ruled on the matter, I am not aware of any other body to which Donald Trump can legally appeal. What happens to…
27
votes
3 answers

Why doesn't everyone in UK just pay with exempted gifts?

From what I've grasped from the gov.uk website, you can gift as much as you like to anyone without paying any tax, as long as you don't die in the next 7 years. So why doesn't everyone just gift money to each other, to avoid paying tax? For…
christiaantober
  • 535
  • 1
  • 4
  • 14
23
votes
1 answer

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 stuff shipped there, then shipped to our residences…
um797497
  • 239
  • 2
  • 4
23
votes
2 answers

London council not responding to calls for nuisance

In this is case we are talking about a London borough. There is a sandwich shop in my area which is supposed to be open until 01:00 most days. However, they keep it open with the doors open and tables outside. The music from the shop is really loud…
Datacrawler
  • 507
  • 3
  • 12
20
votes
5 answers

Can you avoid capital gains tax by taking out a loan and not repaying debt?

Let's say I have 1 bitcoin and I am selling it for $100k, and I bought it for $0 at the time. Assuming a Capital Gains Tax rate of 33% I would owe $33k, leaving me with only $66k. Could I instead get a loan of $100k backed by bitcoin as collateral +…
David Callanan
  • 409
  • 1
  • 3
  • 10
19
votes
1 answer

Is there really a German law that requires that credit card companies *only* provide statements in read-only format?

I live in Germany and have a German €-denominated credit card. I used to download my monthly transactions in CSV format, but after a recent web site redesign, the new credit card web site only allows downloads as PDF. I contacted the bank about…
Kyralessa
  • 608
  • 6
  • 14
16
votes
3 answers

Is sales tax determined by the state in which the SELLER is located, or the state in which the PURCHASER is located?

Online sales have been a commonplace part of life for 30 years, and my understanding over that entire period has always been that sales tax is only collected if the seller maintains a presence in the same state as the purchaser; otherwise, if the…
mweiss
  • 313
  • 2
  • 8
15
votes
6 answers

As a US citizen, what law requires me to pay income tax?

I've found content (especially from Irwin Schiff) that says there's no law requiring US citizens to pay income tax. Other sources claim that income tax is mandatory. If there really is no law requiring me to pay, I'd like to know (for obvious…
jcarpenter2
  • 267
  • 1
  • 2
  • 5
15
votes
1 answer

Can U.S. Tax Forms Be Legally HTMLified?

If I want to have a U.S. government tax form, like a W-9, be able to be filled out on my website, can I convert it to html (so that it looks as identical as possible to the original form), have the user fill it out, and then export the results to a…
tklodd
  • 253
  • 2
  • 7
14
votes
1 answer

What is the maximum number of countries in which one can simultaneously be tax resident?

Inspired by this Reddit thread and other stories of people working remotely from all over the world, apparently without giving too much thought to the legal implications, Working abroad remotely and UK taxes: I work remotely abroad for most of the…
user3490
  • 485
  • 4
  • 11
12
votes
1 answer

Voting while serving a sentence for felonious refusal to pay taxes

Last I heard (but my information may not be up to date) in 49 48 of the 50 states in the U.S., persons serving a sentence for a felony are not allowed to vote. Suppose a person is convicted of a felonious failure to pay a tax. Under the 24th…
Michael Hardy
  • 3,983
  • 17
  • 44
12
votes
2 answers

Can one avoid paying US income tax by being paid in Bitcoin?

Is it possible for a U.S. citizen to evade income tax by being paid in Bitcoin?
mcchucklezz
  • 305
  • 1
  • 3
  • 8
11
votes
4 answers

Friend using my address for tax return

If a friend uses my home address for his tax return, and he owes the IRS tons of money, will I be liable in any way? Also normally would it be a problem if he filed a tax return with my address, and I filed a tax return with the same address in the…
sdwer
  • 129
  • 1
  • 1
  • 4
1
2 3
41 42