All Political Groups Urged to Pay Taxes
Paying taxes may be beneficial for the government and other organizations that benefit from taxes, but for people who pay taxes, it is a burden and a pain in their pockets. No person who owned a radio or television could escape from paying taxes. But, why there are some political groups that don’t pay for taxes?
According to news recently, there is a number of political organization or group that doesn’t pay their taxes because of some reasons. Taxpayer advocates have urged those political groups to pay taxes properly and immediately because they are not the only one who is suffering from paying taxes. In the society, there are always different classes of societies that most of you are aware of. Some were born rich while others grew up from poverty. But, this does not mean that rich people and politicians will be exempted from paying taxes because it is their responsibility as a tax payer.
Lawmakers have taken actions about this issue and they said that monitoring irresponsible taxpayers may take time, but you can guarantee that they will do their job successfully. There were even bills passed and sponsored just to solve the problem. In addition to that, the process of paying tax was improved in order for legislators to track down those political groups that escaped in paying taxes.
Based from the recent progress report about implementing solutions to such issues, the numbers of taxpayers have increased. This just means that taxpayers or some political groups are now paying their taxes responsibly.
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Technologies Offer a New Way to Pay Taxes
With the advancement of today’s technologies, it is no longer a big surprise why technology is considered as the new edge of modern civilization. The term “technology” has a broad meaning. This may include various devices including smart phones, laptops, computers, and some applications that have different functions that will let you access or pay something in a speedy manner. In fact, anyone can even pay taxes with the use of the devices like smart phones and laptops. As long as you have an internet connection, you won’t have limits because even paying taxes is made easier with the existing technology.
One of the latest technologies that are available in today’s market is the Android applications. These applications can assist you when paying for your taxes. They are developed by many companies and Android app developers to provide assistance and customer satisfaction to their users. That’s why the user interface of these applications are easy to navigate and user-friendly to ensure that you will have a successful transaction when paying your taxes. Aside from tax payments, these applications have other functions, but they depend on the features included.
Nowadays, there are numerous options of applications you can choose from that will help you pay taxes. However, you have to bear in mind that each application may vary because it depends on the features it showcase. Depending on your needs and type of device, choose the one that will give you ease and convenience when using the application to pay your taxes. The applications available in the market may come free of charge.
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Apple Avoids Paying Billions of Taxes According to the US Senators
Apple, a known manufacturer of some of the innovative and most advanced technologies, was accused by the senators of the United States for avoiding paying for their taxes by using some Irish subsidiaries, which are not considered as tax residents of several countries across the globe.
During a hearing with Apple, the senators who have done some investigations have released a report about the international tax structure of Apple. But, this issue about Apple became a political spotlight in the US because of the senators involved. According to Sen. Levin, the chairman of the panel, Apple has avoided paying taxes. The company also created an offshore entity that hold billions of dollars. The report showed during the hearing also elaborate the loopholes that were made by Apple just to avoid paying taxes in the past 4 years. But, the committee stated that Apple has made something illegal to reduce their tax bills.
There are several things covered in the report, but most of the staffs in the committee are surprised when Apple use a non-tax subsidiary in the country of Ireland. These subsidiaries include Apple Sales International and Apple Operations International. Both subsidiaries don’t pay for taxes. That is the reason why senators of the United States accused Apple that it is avoiding in paying billions of taxes, which government may benefit from. Other than the mystery behind the Ireland-based subsidiaries of Apple, investigators concluded that it is one of Apple’s tax gimmicks to reduce their taxes. Although this is a legal move, Apple has denied that it is kind of gimmick just to avoid taxes
Categories: Federal Tax, Income Tax, Tax Evasion, Tax Law Tags: