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No Foreign Income Tax Exclusion For Army Civilian In Afghanistan

No Foreign Income Tax Exclusion For Army Civilian In Afghanistan

Although most of us have some, if not enough, appreciation for “the troops”, I doubt we reflect much that there are also civilians putting themselves in harm’s way.  Going down into the village and learning about “actionable security issues” hardly seems like a walk in the park.  That had me rooting for Striker, even though I did not think he had much of a case.

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Tax Court Sorts Out Basis On Russian Fast Food Merger

Tax Court Sorts Out Basis On Russian Fast Food Merger

The reason Mr. Testyn’s new argument doesn’t work is a kind of heads I win, tails you lose rule when it comes to “substance over form”.  The IRS can argue that what you said you did – the form – is not what actually happened – the substance.  You can’t generally do that yourself, because you got to choose the form, so you are stuck with it.

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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.