JetBlue sues Florida over $631K corporate tax dispute

JetBlue sues Florida over $631K corporate tax dispute

JetBlue Airways is suing the Florida Department of Revenue over $631,000 in corporate taxes, arguing the state unlawfully extends its geographical boundaries, resulting in unconstitutional double taxation. JetBlue Airways initiated legal action against the Florida Department of Revenue on July 19, challenging an assessment of additional corporate income taxes for the years 2019 to 2021. … Read more

Parkersburg man receives prison sentence for tax evasion

Parkersburg man receives prison sentence for tax evasion

( Court Reports – Photo Illustration/MetroCreative) <!– SHOW ARTICLE –> CHARLESTON — A Parkersburg man was sentenced Thursday to two years in prison, to be followed by three years of supervised release, and ordered to pay $2,036,141.59 in restitution for tax evasion. A release from the Justice Department said Brian E. Drake, 56, of Parkersburg, … Read more

Northville business owner accused of tax fraud, IRS seeking nearly $5 million in unpaid taxes

Northville business owner accused of tax fraud, IRS seeking nearly $5 million in unpaid taxes

Hometown Life Staff  |  Hometownlife.comDETROIT — A Northville man is facing more than a dozen tax-related federal charges for failing to accurately report income and collect various taxes for a Detroit-based company he operated.Ali Kassem Kain, of Northville, who operated a transportation business that arranged for automobiles to be shipped abroad, appeared in court Wednesday … Read more

Betsafe joins firms exiting Kenya on increasing taxes

Betsafe joins firms exiting Kenya on increasing taxes

Betsafe has exited the Kenyan market due to increased taxation, rendering its employees jobless.

ATO targets directors over $2.5 billion in unpaid super, GST, employee income tax

ATO targets directors over $2.5 billion in unpaid super, GST, employee income tax

The Tax Office is increasing action against company directors to recover .5 billion in unpaid taxes. Director Penalty Notices (DPNs) have increased by 320% in the past eight months, making directors personally liable for company tax debts. Directors who ignore DPNs may face serious consequences like asset seizure, bankruptcy, or wage garnishment by the ATO.