recreational marijuana

: TaxVox

On Exercises in Futility

The drive to a Highway Funding bill heads toward a cliff: The sequel. Congressional Democrats are digging in their heels and insisting that Republicans find a long-term solution to highway funding. That would force the GOP to come up with either tens of billions for a long-term bill or

June 5, 2015Renu Zaretsky

: TaxVox

Dividends, Bills, Assets and Software

Bank of America may have helped clients avoid taxes. Since at least 2011, it had been using its US unit’s funds to finance transactions by its European investment-banking arm. In doing so, it was able to help hedge funds avoid taxes on stock dividends. “BANA (Bank of America National Association)

February 12, 2015Renu Zaretsky

: TaxVox

Tax Policy in September: Racing to a Grinding Halt?

Have it your way… unless you’re Burger King. Five Senate Democrats—Illinois’ Dick Durbin, Michigan’s Carl Levin, Rhode Island’s Jack Reed, Vermont’s Bernie Sanders and Ohio’s Sherrod Brown—asked Burger King to not move its legal headquarters to lower-tax Canada. They accused it of trying to avoid

September 12, 2014Renu Zaretsky