Illinois Appellate Court Finds Chicago Bears Ticket Holder Amenities Taxable

The First District of the Illinois Appellate Court, in Chicago Bears Football Club v. Cook County Department of Revenue, 2014 IL App (1st) 122892 (Aug. 6, 2014), affirmed an administrative determination finding that the Chicago Bears owe Cook County more than $4.1 million in amusement tax and related interest, on the basis that the amenities and privileges enjoyed by Bears premium ticket holders are taxable admission charges.  The ordinance at issue imposes tax on “admission […]

By |October 2nd, 2014|

Mexico Changes Electronic Tax Filing Requirements

Mexico has spent the best part of 2014 implementing new tax requirements; our Americas expert gives a quick overview of the latest.

In an effort to be more transparent and accelerate tax processing, the Mexican Tax Authorities (SAT) implemented a series of new rules during 2014, including new rules on when and how to submit electronic accounting information as part of mandatory tax filings.
What do you need to do?
Awareness and action for each of these […]

By |October 2nd, 2014|

Turkey: The Latest Tax Amnesty In Turkey: Law No 6552

Turkish parliament has enecated the Law No: 6552 that has been promulgated as of September 11, 2014 and provides restructuring for unpaid tax debts and administrative penalties.

Thus, the taxpayers are enabled to restructure their tax debts accrued before 30 April 2014 and to pay the restructured amount in 18 equal instalments to be paid in every 2 months period excluding the second installment of the income tax for the year 2013. The structured amount […]

By |October 1st, 2014|