Category: Richard Ainsworth

Covidien purchase could have tax benefits for Medtronic

June 16th, 2014 in 2014, Boston Globe, Newsmakers, Richard Ainsworth, School of Law 0 comments

Richard-Ainsworth-300x300Boston Globe (subscription required)
Richard Ainsworth, School of Law

Among the more valuable assets Medtronic acquired with its announced $42.9 billion purchase of Covidien PLC: Covidien’s Irish address…

Expert quote:

“If I did this thing straightforward, then Covidien would live in Minneapolis, but we don’t want that. So we do it the other way around, so we have the small fish eating the big fish. It doesn’t make a whole lot of sense.”

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EU investigates Apple, Starbucks, Fiat tax deals

June 11th, 2014 in 2014, Associated Press, Newsmakers, Richard Ainsworth, School of Law 0 comments

Richard-Ainsworth-300x300Associated Press
Richard Ainsworth, School of Law

The European Union’s antitrust regulator has launched an investigation into tax deals that Apple, Starbucks and Fiat struck with some European countries, the start of a wider push to keep multinationals from taking advantage of loopholes…

Expert quote:

“This is an EU issue more than an Apple issue.”

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Kentucky legislators take aim at ‘zapper’ sales tax fraud

February 16th, 2014 in 2014, Newsmakers, Richard Ainsworth, School of Law 0 comments

ainsworthCourier-Journal
Richard Ainsworth, School of Law

Hoping to recoup under-reported taxes, Kentucky legislators are taking aim at a little-known tool used to hide retailers’ sales from tax collectors. House Bill 69 would make possession of so-called “tax zappers” a Class D felony…
Expert quote:

“That’s important. You’ve got to put these guys out of business, and the threat has got to go to the business.”

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Boston convention-goers have credit card info stolen

December 12th, 2013 in 2013, Newsmakers, Richard Ainsworth, School of Law, WCVB 0 comments

ainsworthWCVB
Richard Ainsworth, School of Law

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States Pushed to Attack Business Tax Evaders

November 4th, 2013 in 2013, Newsmakers, Richard Ainsworth, School of Law 0 comments

Municipal Finance Todayainsworth
Richard Ainsworth
, School of Law

Many governmental tax agencies in Quebec have successfully combatted business tax evaders through technology and now there is movement to bring this approach to U.S. municipalities…

Expert quote:

“It’s a very expensive help. The states are behind the curve.”

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Springfield lawyer to sue over tech tax

August 29th, 2013 in 2013, Boston Globe, Newsmakers, Richard Ainsworth, School of Law 0 comments

ainsworthBoston Globe (subscription required)
Richard Ainsworth, School of Law

Massachusetts’ new tax on software services is coming under additional attack by the business community, prompting Governor Deval Patrick to acknowledge he is concerned the uproar will damage the state’s reputation in technology circles…

Expert quote:

“There’s a lot of fine distinctions in sales taxes. You’ve got all kinds of crazy rules out there.”

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Businesses use fraud software for tax scam

April 22nd, 2013 in 2013, Newsmakers, Richard Ainsworth, School of Law 0 comments

ainsworthSC Magazine
Richard Ainsworth, School of Law

A Melbourne professor has warned that hardware and software used for tax fraud is likely in secret use by Australian businesses…

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Tax Zappers Likely Sapping Billions From NY, Expert Says

June 4th, 2012 in 2012, Newsmakers, Richard Ainsworth, School of Law 0 comments

Law360 (subscription required)
Richard Ainsworth, School of Law

Sales tax suppression technologies known as “tax zappers” have cost New York as much as $1 billion annually over a decade in the form of willful fraud at thousands of businesses, according to testimony given Monday to state lawmakers…

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When will New York zap the tax zappers?

June 4th, 2012 in 2012, Newsday, Newsmakers, Richard Ainsworth, School of Law 0 comments

Newsday
Richard Ainsworth, School of Law

An expert on tax law says he’ll tell a State Senate committee in Albany on Monday that  some restaurants cheat the state out of about $1.7 billion a year by using computer devices called “tax zappers.”…

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Wyoming tax officials watching for ‘zappers’

June 3rd, 2012 in 2012, Newsmakers, Richard Ainsworth, School of Law 0 comments

Billings Gazette
Richard Ainsworth, School of Law

Wyoming tax officials are aware of the proliferation of “tax zappers,” who skim sales tax money that should have gone to states…

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