Unfiled Tax Returns | Late Tax Returns | Back Taxes | Delinquent Tax Returns

July 6, 2007

Past Due Tax

Filed under: Uncategorized — taxhero @ 9:06 pm

China Money: Special bonds may shrink bond-IRS arbitrage window (Reuters via Yahoo! Asia News)
SHANGHAI, July 6 (Reuters) – A planned issue of 1.55 trillion yuan ($204 billion) in special bonds may lift government bond yields more than interest rate swaps in months ahead, narrowing a spread that now offers traders an arbitrage opportunity.

IRS Requests Comments on Form 1118 Revisions (SmartPros Accounting)
July 5, 2007 (SmartPros) The Internal Revenue Service is requesting comments from the public on proposed revisions to Form 1118, Foreign Tax Credit Corporations, made in light of recent statutory changes in the American Jobs Creation Act of 2004.

Mike Costello: IRS Compliant Transfer Pricing Valuation Controlled Group Transactions Must Reflect Arm’s-Length Prices (The Chattanoogan)
To stay competitive, many businesses are developing reciprocal relationships or merging with companies abroad, or alternatively, are starting up divisions and subsidiaries in other countries.

Lyttleton & Gartland Helps Deliquent Income Taxpayers Get Right With IRS (The Desert Sun)
The April 15 tax time has come and gone and most of us have spent our refunds or had to pay more taxes to the Internal Revenue Service.


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