Guns galore; game of Chicken; an ID you can’t refuse; and other highlights of recent tax cases. Denver: Tax defier Lawrence Martin Birk has been convicted of tax evasion. Birk founded a sole proprietorship, Tarryall River Log Homes, in 2000, which sold and built log homes. For more than 20 years, Birk did not pay
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In 2017, revenue from personal income taxes made up 23.9 percent of total tax revenue across OECD countries. Countries tax labor income in various ways through payroll taxes, personal income taxes, and, in some cases, surtaxes. From 2017 to 2019, seven European countries in the OECD changed their top personal income tax rates. Of these
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Investor Jim Chanos is betting against GrubHub, and said the food delivery company makes almost nothing per order. Chanos, a famous short seller and founder of Kynikos Associates, made the comments on CNBC’s “Halftime Report” Thursday from the Delivering Alpha conference, presented by CNBC and Institutional Investor. He predicted fees will come down, while employee
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 Self-made billionaire Warren Buffett has been called the greatest investor in the world. So it should come as no surprise that the Berkshire Hathaway CEO has scores of investors hoping to follow in his footsteps by adopting his investing principles. Former hedge-fund manager and Buffett follower Whitney Tilson attributes the 89-year-old’s success to his “off-the-charts
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Dean Dorton Allen Ford, based in Lexington, Kentucky, has launched an internal Women’s Initiative Committee. Launched last fall, the firm states that the program has positively impacted its recruiting, developing and retention of women over the last year. The Women’s Initiative Committee’s mission is to “promote a firm culture that provides women with support, mentorship,
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Lacy O’Toole | CNBC Berkshire Hathaway‘s executive Tracy Britt Cool is leaving the firm after a decade to start a company that replicates Warren Buffett’s business model. Cool, who joined Berkshire in 2009 as Buffett’s financial assistant, said she’s building an investment vehicle that acquires companies “too small for Berkshire,” The Wall Street Journal reported.
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Start your marriage off on the right financial footing. WINDSOR, UNITED KINGDOM – MAY 18: Thomas Kingston and Lady Gabriella Windsor kiss as they leave St George’s Chapel after their wedding on May 18, 2019 in Windsor, England. (Photo by Pool/Max Getty Images Whether you are just getting married or have been married for years,
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An interview with billionaire Sequoia venture capitalist, Michael Moritz. In this interview, Michael discusses how he went from a journalist to a venture capitalist and what characteristics he looks for in investments and entrepreneurs. Michael also talks about what he would do today if he just graduated and the future of Silicon Valley. ? Books
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Countries around the world often design their tax policies to become attractive targets for foreign investment. These policies can be anything from a system with special preferences for certain industries to a well-designed tax system based on principles of sound tax policy. Systems that are rife with special preferences and complexities can create distortions in
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