Who Is That Masked Man? DC Circuit Tells Tax Court To Keep It Quiet
I think what would be money well spent by the IRS is to go into the Big 4 and large regionals and hire away the people with ten years or so of experience who know they are never going to be partners because they lack soft skills and will make lousy salespeople. You give them a better work-life balance, a pension and the chance to show up all the corners that they know are being cut. It will strike terror in the hearts of corporate tax departments.
A really radical proposal would be to require public companies to disclose their tax returns as part of their SEC submissions and require the independent auditors to cover them in their opinion. That is more of an entertaining thought experiment than a realistic proposal
What Happens When You Are A Full Year Resident Of More Than One State
And if someone can afford to take on the trappings of two different domicile identities – sophisticated New Yorker and Connecticut Yankee or whatever – maybe it is fair that they pay full tax to each state. Manhattan has a lot of infrastructure to support, you want to make out you are a New Yorker, pay up.
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Over and over again courts have said that there is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible. Everybody does so, rich or poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions. To demand more in the name of morals is mere cant.
