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What is Consumption Tax & How to Implement It

The search for alternative methods to collect taxes reaches consumption tax at some point. Consumption tax is charged on items of consumption. In some countries, consumption tax is charged along with income tax. Taxpayers pay consumption tax on some items, especially on luxury items, in some countries and also pay taxes on their income. Some…

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Dogs Help Tax Authorities Catch Tax Evaders

In a bid to crack down on tax evaders, Italian tax authorities have found a new way to catch tax evaders. They are using “cash dogs”, dogs trained to sniff large currency notes, to seize black money being carried at airports by travelers. This innovative method to catch tax evaders has reaped results. In the…

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Dogs Catch Tax Evaders

Dogs are catching tax evaders at Italian airports, thanks to the new initiative by the Italian tax authorities in which they are using “cash dogs” to sniff large amounts of cash. The “cash dogs” have been trained to sniff cash, the smell of which is subtle. With the help of these dogs, the Italian police…

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Cash Sniffing Dogs: Innovative Technique for Catching Tax Thieves

The Italian tax authorities are using cash sniffing dogs to sniff cash at airports. This is the newest of innovative technique introduced by the Italian police to catch tax evaders. According to sources, during the first seven months the Italian police seized $47.6 million in cash, gold and silver from travelers at different airports who…

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Unveiling Tax Fraud: Exposing False Returns | Tax Alerts

Alerts concerning tax fraud include cases of filing fraudulent tax returns by scammers and individual taxpayers. Among tax scams that do not involve seasoned scammers, tax fraud concerning tax returns is most common. Filing false tax returns is a tax fraud that can be done by falsifying details to be filled in a tax return…

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Tax Fraud Alerts

There has been an increase in cases of tax fraud in the last few years. According to an IRS report, tax compliance has gone down from 83.7 percent to 83.1 percent. Many taxpayers are finding it difficult to pay taxes because of the economic crisis. Although most taxpayers comply with tax laws, some resort to…

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