Tax - church tax law

Lawmaker seeks end to tax break benefiting Baptist Temple
An Anchorage lawmaker is asking the Alaska Legislature to undo a 2006 change in state tax law that is benefiting only one Anchorage church: the same church that sought the amendment.
church tax law 05 Feb 2012

In Bain deals, Romney gave stock to Mormon church
WASHINGTON (Reuters) - Using a practice that made him eligible for large tax deductions, Mitt Romney gave the Mormon church substantial stock holdings that he obtained through his private equity firm, according to documents filed with the government and to Romney associates. The tactic used by Romney to help meet his Mormon obligation of "tithing" - in which members donate 10 percent of their ...
church tax law 05 Feb 2012

Muslim religious bodies oppose DTC bill
Muslim religious organisations are up in arms against the Direct Taxes Code (DTC) Bill, alleging the UPA government wanted to ?tax the house of god ? temple, church, masjids and imambaras?.
church tax law 05 Feb 2012

Romney?s 13.9% Tax Rate Shows Power of Investment Tax Preference
Republican presidential candidate Mitt Romney?s 13.9 percent tax rate in 2010 shows how wealthy investors can use the preferential treatment of income classified as capital gains and dividends to minimize payments to the federal government.
church tax law 05 Feb 2012

Polygamous leader defends church status in tax trial
Polygamous leader Winston Blackmore has come face to face with contradictory statements he has made over his leadership role in the Fundamentalist Church of Jesus Christ of Latter-day Saints.
church tax law 05 Feb 2012

Debt Crisis Leaves Nothing Sacred as Italy Church Chased on Tax
Nothing may prove to be untouchable in the European debt crisis.
church tax law 05 Feb 2012

Italian Church Chased on Property Tax as Debt Crisis Leaves Nothing Sacred
Nothing may prove to be untouchable in the European debt crisis.
church tax law 05 Feb 2012

Winston Blackmore federal tax case hinges on church issue
What is a church? It's the key issue before the Federal Tax Court in the trial to determine whether Winston Blackmore and his family - fundamentalist Mormon polygamists - qualify to be taxed as a group and not as individuals.
church tax law 05 Feb 2012

B.C. polygamous leader contradicts himself in tax court over church status
VANCOUVER - Polygamous leader Winston Blackmore acknowledges he may not be a prophet, but he's a little less clear about whether or not he's the leader of a church in southeast B.C.
church tax law 05 Feb 2012

Documents show Romney 'pays 13.9% in tax'
Released tax returns shows US Republican presidential contender gave $7m to charity in 2010, mainly to Mormon church.
church tax law 05 Feb 2012