January 9, 2009
Every year, the federal government loses about $1 trillion to various tax evasion schemes. Frank Cummings, head of the Financial Crimes Research Center, discusses the mechanics of illegal offshore tax shelters.
Legislators rush to delete computer sales tax
ANNAPOLIS (AP) — The extension of the sales tax to computer services has become a $200 million point of contention in the State House, with Republicans and Democrats trying to build enough support to repeal it before the tax takes effect in July.
Businesses worry over proposal to tax software
Businesses of every size and nature would be affected by a proposed change in state tax rules that would make software subject to property tax in Tennessee — a move that critics say could backfire and end up costing Tennessee new jobs.
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