The IRS and the Eighth Amendment

The IRS and the Eighth Amendment

By Travis Nix and Tyler Martinez Nov. 1, 2022 6:27 PM ET Photo: Daniel Acker/Bloomberg News Navigating the maze that is the US tax code can already feel like a punishment for ordinary taxpayers. But the real punishment comes when Americans face oppressive penalties from the Internal Revenue Service for innocent filing errors. That may … Read more

Red Bull hit with $7 million fine, assembly car development time for cost cap breach

Red Bull hit with $7 million fine, assembly car development time for cost cap breach

Red Bull Racing has been fined $7 million and granted car development time by the FIA ​​in their Accepted Breach Agreement (ABA) as punishment for breaching the Formula 1 budget cap. After weeks of discussions about the breach, Red Bull have gone into the ABA rather than take the matter to the Cost Cap Adjudication … Read more

CCI fines Google ₹1,338 for abuse of dominance

CCI fines Google ₹1,338 for abuse of dominance

In one of its highly significant interventions in digital markets, the Competition Commission of India (CCI) on Thursday sanctioned Google for its anti-competitive practices in several markets in the Android mobile device ecosystem. Besides imposing a provisional fine of Rs 1,337.76 crore on Google for violation of Section 4 of the Competition Act, the CCI … Read more

The Supreme Court can limit the IRS

The Supreme Court can limit the IRS

27 September 2022 at 18.06 ET Washington Supreme Court, June 26. Photo: ELIZABETH FRANTZ/REUTERS The Internal Revenue Code is replete with excessive penalties for what are often honest mistakes. This year, taxpayers must prepare to deal with a newly reinvigorated Internal Revenue Service, which Congress appropriated an additional $46 billion for enforcement. The Supreme Court … Read more

LIVE: Denny Hamlin’s Darlington in-car camera presented by Goodyear – NASCAR

LIVE: Denny Hamlin’s Darlington in-car camera presented by Goodyear – NASCAR

LIVE: Denny Hamlin’s Darlington in-car camera presented by GoodyearNASCAR Darlington 2 DraftKings NASCAR Fantasy Picks & Driver Projections (Cook Out Southern 500)Fantasy Racing online NASCAR at Darlington 2022 playoff race: Cook Out Southern 500 start time, TV, streaming, lineupUSA TODAY NASCAR Cup at Darlington (9/4): How to watch the Southern 500 online, TV, timeAL.com Dr. … Read more

RBI imposes Rs 5 lakh fine on fintech firm Obopay Mobile Technology

RBI imposes Rs 5 lakh fine on fintech firm Obopay Mobile Technology

The Reserve Bank of India (RBI) has imposed a fine of Rs 5,93,000 on fintech firm Obopay Mobile Technology India Private Limited for non-compliance with certain Know Your Customer (KYC) norms set by the central bank. The penalty has been imposed in exercise of powers conferred on the RBI under Section 30 of the Payment … Read more

The central bank imposes a financial penalty on a listed company operating in the country – Alittihad Newspaper Al-Ittihad Newspaper

The central bank imposes a financial penalty on a listed company operating in the country – Alittihad Newspaper Al-Ittihad Newspaper

The central bank imposes a financial fine on a listed company operating in the countryAlittihad Newspaper Al Ittihad Newspaper The central bank imposes a financial penalty on a money exchange company operating in the UAEEconomic Because it is linked to money laundering and terrorism.. UAE punishes an exchange companyCNN Arabic See full coverage of the … Read more

PAN Aadhaar Linking: Check status to avoid double penalty from July 1st

PAN Aadhaar Linking: Check status to avoid double penalty from July 1st

Connecting Aadhaar to PAN from tomorrow (July 1, 2022) will result in a fine of INR 1,000, according to a statement from the Central Board of Direct Taxes (CBDT) dated March 29, 2022. However, if PAN-Aadhaar is connected between April 1, 2022 and 30 June 2022, the individual is obliged to pay 500 INR as … Read more

LIVE: Daniel Suárez’s Sonoma in-car camera presented by Coca-Cola – NASCAR

LIVE: Daniel Suárez’s Sonoma in-car camera presented by Coca-Cola – NASCAR

LIVE: Daniel Suárez’s Sonoma in-car camera presented by Coca-ColaNASCAR NASCAR on Sonoma live race updates, results, highlights from Toyota / Save Mart 350Sports news “They need to sit down and cooperate” – Brett Griffin calls for investment on NASCAR Tracks, proposes cooperationEssentially Sports NASCAR on Sonoma schedule: How to watch, TV, odds, favoritesNBC Bay Area … Read more