Category: Daniel Berman

Tax lawyer: Code reform stymied by dysfunctional Congress

May 21st, 2014 in 2014, Daniel Berman, Newsmakers, School of Law 0 comments

Berman201065wJournal of Accountancy
Daniel Berman, School of Law

Passage of major tax reform legislation appears unlikely soon, partly because of partisan gridlock in Congress as bad as any in the past century and a half, a noted tax lawyer told the AICPA spring Council on Tuesday in Scottsdale, Ariz…

Expert quote:

“Now, the members aren’t even acting in their own best interest as much as posturing. It’s all based not on whether a bill is something the country could use, it’s based on staking out a position for the next presidential election.”

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EU Advances Tax on Market Trading

January 22nd, 2013 in 2013, Daniel Berman, Newsmakers, School of Law, Wall Street Journal 0 comments

Berman201065wWall Street Journal (subscription required)
Daniel Berman, School of Law

The European Union gave the green light on Tuesday for 11 states that account for two-thirds of the bloc’s economy to impose a small tax on trades in stocks, bonds and derivatives…

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Obama likely paid higher tax rate than Romney in 2011

April 17th, 2012 in 2012, Daniel Berman, Newsmakers, Reuters, School of Law 0 comments

Reuters
Daniel Berman, School of Law

President Barack Obama released tax forms on Friday that reveal he will probably pay a higher tax rate on much lower income than likely Republican opponent Mitt Romney in 2011, adding fuel to a Democratic election-year effort to raise taxes on the rich…

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Ex-speaker’s tax return yields more questions

January 21st, 2012 in 2012, Daniel Berman, Montreal Gazette, Newsmakers, School of Law 0 comments

Montreal Gazette
Daniel Berman, School of Law

Presidential hopeful Newt Gingrich’s tax return, released on Thursday during a candidates debate, shows his wealth comes from a media and consulting empire he built after leaving government, but yields more questions than answers about how he earns his money…

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Gingrich tax return out, but much remains unseen

January 20th, 2012 in 2012, Daniel Berman, Newsmakers, Reuters, School of Law 0 comments

Reuters
Daniel Berman, School of Law

Presidential hopeful Newt Gingrich’s tax return, dramatically released on Thursday during a candidates debate, shows that his wealth comes from a media and consulting empire he built after leaving government, but yields more questions than answers about how he earns his money…

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So What About Romney’s Offshore Tax Havens?

January 19th, 2012 in 2012, Daniel Berman, Newsmakers, School of Law, The Atlantic 0 comments

The Atlantic
Daniel Berman, School of Law

So the story-of-the-week seems to be Mitt Romney’s off-shore investments.  I am deeply confused by the reporting.  Either that, or the reporters are…

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Mitt Romney has millions of dollars saved in offshore Cayman Islands tax shelters

January 18th, 2012 in 2012, Daily Mail, Daniel Berman, Newsmakers, School of Law 0 comments

Daily Mail
Daniel Berman, School of Law

Mitt Romney, who recently revealed he pays close to 15 percent tax on his income, has untold millions of dollars of his massive fortune saved in offshore tax shelters in the Cayman Islands, according to reports…

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Do Mitt Romney’s tax returns contain offshoring?

January 18th, 2012 in 2012, Daniel Berman, Newsmakers, School of Law, Washington Post 0 comments

Washington Post “The Plum Line” (Blog)
Daniel Berman, School of Law

Why has Mitt Romney been reluctant to release his tax returns? Well, there’s the small matter of how much he may benefit from the “carried interest” loophole that private equity managers enjoy…

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Yet another tax advantage for Romney

January 18th, 2012 in 2012, Daniel Berman, Newsmakers, School of Law, Washington Post 0 comments

Washington Post “Ezra Klein’s Wonkblog”
Daniel Berman, School of Law

There’s still an unanswered question about Mitt Romney’s tax returns: Why haven’t we seen them yet?…

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Is It Even 15%?

January 18th, 2012 in 2012, Daniel Berman, Newsmakers, School of Law, Talking Points Memo 0 comments

TPM
Daniel Berman, School of Law

A very interesting nugget down deep in this Reuters piece on Romney’s taxes…

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