04. September 2015 · Comments Off · Categories: Tax News · Tags: , ,

Legislative Auditor: Louisiana missing out on a number of of a lot of of a lot of of dollars

The largesse can had been pointless, the file acknowledges, noting that no utterly completely different state with essential horizontal drilling operations bargains a full refund of so-referred to as severance taxes — even supposing some provide diminished expenses. The file's findings …
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submit-DMA, Federal court docket docket of Appeals broadly Interprets Jurisdictional

in particular, if a selected value without a doubt entails the speculation of punishment for infraction of the rules, it constitutes a penalty regardless of legislative label or designation as a “tax.” See, e.g., U.S. v. La Franca, 282 U.S. 568, fifty one S. Ct. 278 (1931 …
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