“Like the killers in those really bad slasher movies, this tax subsidy wreaks havoc wherever it goes, appears to meet its demise in the last reel, yet returns to create more misery.”
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Paul Hogan Is Pleased to be Back on U.S. Soil
“I have come to this great tax haven, the USA, where the IRS are gentlemen compared to our lot.”
~ Mick Dundee isn’t making a helluva lot sense but it’s fine, he’s still more or less a celebrity.
IFRS: Four. More. Years.
Comments reflected “a lot of unanimity around, if we go in this direction, allowing sufficient time for companies to adjust,” said Schapiro in a question-and-answer session following her keynote address to the American Institute of Certified Public Accountants’ national conference on accounting and auditing issues for public companies. “It’s likely to be a minimum of four years,” but that’s still a point for the SEC to decide, she said, assuming it decides to incorporate IFRS into U.S. capital markets. [Compliance Week]
Sarah Palin Didn’t Need Another Reason to Dislike the IRS
“Who would have thought that the IRS would have a favorability rating a third higher than the tea party movement’s? Or that the IRS would be twice as popular as Palin?”
~ David Cay Johnston, on a recent poll that showed the IRS having a 49% favorable rating versus the former governor’s rating of less than 25% (Nancy Pelosi was 29%).