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UK lawmakers say Facebook may have broken tax rules

UK lawmakers say Facebook may have broken tax rules

LONDON (Reuters) – Facebook said it would ditch a corporate structure that helps minimise its UK tax bill, prompting lawmakers and campaigners to ask whether the arrangement had ever complied with UK tax rules. Facebook said on Friday it would stop booking sales to major UK clients via an Irish subsidiary and in future report […]

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Facebook’s Zuckerberg: No tax benefit from philanthropic initiative

Facebook’s Zuckerberg: No tax benefit from philanthropic initiative

SAN FRANCISCO/BENGALURU (Reuters) – Facebook Inc Chief Executive Mark Zuckerberg said on Thursday he and his wife would receive no tax benefit from setting up their new philanthropic endeavor as a limited liability company and hinted at the types of efforts it would support. In a post on his Facebook page, he wrote that “just […]

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At 17, App Builder Rockets to Riches From Yahoo Deal

At 17, App Builder Rockets to Riches From Yahoo Deal

As reported in the news of the WS Journal, seventeen-year-old Nick D’Aloisio is taking some time off from school in London, where he lives with his parents. He will let mom and dad help manage his money.  Those are the decisions of a newly minted teenage millionaire. Mr. D’Aloisio has sold the free newsreader app […]

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Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

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Member CA Bar Member Orange County Bar US Tax Court Attorney