United States: Louisiana Supreme Court Upholds Bundling Portable Toilet Leases And Cleaning Services, But Not Sure About True Object Of Resulting Transactions

If you are ever waiting in line for portable toilet facilities at the St. Patty’s Day Parade and in need of something to think about, consider the property and service you are about to use: Is it the lease of tangible personal property, the provision of a cleaning and waste removal service, or both? The Supreme Court of Louisiana grappled with this fundamental sales and use tax issue in Pot-O-Gold Rentals, LLC v. City […]

By |March 17th, 2015|

United States: Tax Tribunal Issues First Ruling Regarding Scope Of Authority Of Tax Tribunal Judge

In a case of first impression for the newly-established Alabama Tax Tribunal, the Alabama Department of Revenue challenged the Tribunal’s ability to decide a question of law when the pro se taxpayer did not specifically raise the argument in its notice of appeal or at the hearing. Chief Judge Bill Thompson held that the Tribunal did have the ability to decide the legal issue – whether the Department’s lodging tax regulation exceeded the scope […]

By |March 16th, 2015|

Stability Is Top Priority In Post Occupy Hong Kong Budget

Two months after the dust of the Umbrella Revolution settled, the Hong Kong government tabled its annual budget with measures to tackle the negative impact and sentiment brought by the event. For the coming year, the city’s administration projects its nominal gross domestic product (GDP) to grow at 2.5% to 4.5% (real GDP at of 1% to 3%), with 3% to 3.5% inflation.

HK Financial Secretary John Tsang expects government revenue to reach US$61.5bn on […]

By |March 16th, 2015|