- New York Times:
- Hearing of Special Interest to an IRS Special Agent, by Duff Wilson & Michael S. Schmidt: "[IRS agent] Jeff Novitzky, who has led a five-and-a-half-year investigation into steroids in professional sports, is expected to attend a hearing on Wednesday at which Roger Clemens is expected to testify."
- IRS Said to Flout Orders to Yield Data About Audits, by David Cay Johnston: "A tax research group went to court Monday, arguing that the IRS was not complying with federal court orders to release data on its audit practices. … In a separate case, Tax Analysts, the nonprofit publisher of Tax Notes magazine, said Monday that it was negotiating with the IRS to make public all e-mail messages in which tax auditors in the field were given advice on how to apply the law."
- Wall Street Journal:
- China Targets Rich In Tax-Collection Push, by Christina Cuesta: "China’s government is trying to expand the reach of the income tax, starting with top earners."
- Cost of Business Tax Cuts Underestimated, by Jesse Drucker: "A round of business tax cuts in Congress’s economic-stimulus package passed Thursday will cost nearly triple the official government estimate, tax experts said."
- States of Opportunity (editorial): "Americans relocated in record numbers last year. Did high taxes have anything to do with that?"
- U.K. Relents On Tax Plan For Foreigners, by Alistair MacDonald: "The United Kingdom Treasury has backed off its plans to tax wealthy foreigners living in the U.K. on gains on assets they hold in offshore trusts."
Tax News Roundup
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