Tax Development Journal Volume 1 (2009)This collection houses the Tax Development Journal Volume 1 (2009)http://hdl.handle.net/10211.3/1554432024-03-29T06:33:02Z2024-03-29T06:33:02ZSweeping changes in bond legislation enhance the benefits to both issuers and purchasers of §144 AND §54AA bond financingSobol, Lesliehttp://hdl.handle.net/10211.3/1554542023-06-16T17:48:38Z2009-01-01T00:00:00ZSweeping changes in bond legislation enhance the benefits to both issuers and purchasers of §144 AND §54AA bond financing
Sobol, Leslie
Mid-sized entities are encouraged by the State's Treasurer's office to issue private activity bonds (PABs) in order to finance construction and retro-fitting of existing property.
2009-01-01T00:00:00ZSection 6676 erroneous claim for refund or credit penalty: the penalty has no reasonable basisFisk, Sharyn M.Lee, Heather Kimhttp://hdl.handle.net/10211.3/1554522023-06-16T17:48:32Z2009-01-01T00:00:00ZSection 6676 erroneous claim for refund or credit penalty: the penalty has no reasonable basis
Fisk, Sharyn M.; Lee, Heather Kim
The new §6676 penalizes taxpayers for denial of certain income tax refund claims filed after May 25, 2007. Section 6676 imposes a new civil penalty equal to 20% of the "excessive amount," unless the refund claim for the excessive amount has a reasonable basis.
2009-01-01T00:00:00ZThe one-two punch: the use of trusts and LLCS in asset protectionStein, Jacobhttp://hdl.handle.net/10211.3/1554532023-06-16T17:48:48Z2009-01-01T00:00:00ZThe one-two punch: the use of trusts and LLCS in asset protection
Stein, Jacob
Asset protection involves structures and techniques that make it more difficult and expensive for a creditor to reach a debtor's assets. The objective is to change the creditor's economic analysis, making the pursuit so difficult and expensive that the creditor will either give up or be willing to negotiate on terms more favorable to the debtor.
2009-01-01T00:00:00ZThe application of unrelated business income tax ("UBIT") to exempt organizationsBassi, Nikhilhttp://hdl.handle.net/10211.3/1554572023-06-16T17:48:41Z2009-01-01T00:00:00ZThe application of unrelated business income tax ("UBIT") to exempt organizations
Bassi, Nikhil
The Code imposes a tax on unrelated business taxable income on organizations described in §401(a) and §501(c). Additionally, some government entities (state colleges and universities) are subject to the unrelated business income tax.
2009-01-01T00:00:00Z