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A fat tax is a tax or surcharge that is placed upon fattening food, beverages or on overweight individuals. [1] It is considered an example of Pigovian taxation. A fat tax aims to discourage unhealthy diets and offset the economic costs of obesity. A fat tax aims to decrease the consumption of foods that are linked to obesity.
the "attendant circumstance" of the existence of a tax deficiency – an unpaid tax liability; and; the actus reus (i.e., guilty conduct) – an affirmative act (and not merely an omission or failure to act) in any manner constituting evasion or an attempt to evade either: the assessment of a tax, or; the payment of a tax.
The U.S. Internal Revenue Code, 26 United States Code section 7201, provides: Sec. 7201. Attempt to evade or defeat tax Any person who willfully attempts in any manner to evade or defeat any tax imposed by this title or the payment thereof shall, in addition to other penalties provided by law, be guilty of a felony and, upon conviction thereof, shall be fined not more than $100,000 ($500,000 ...
In its announcement, the IRS said its latest efforts have been concentrated on taxpayers with more than $1 million in income and more than $250,000 in tax debt.
Tax evasion or tax fraud is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and others. Tax evasion often entails the deliberate misrepresentation of the taxpayer's affairs to the tax authorities to reduce the taxpayer's tax liability, and it includes dishonest tax reporting, declaring less income ...
The Governor of New York, David Paterson, plans to unveil Tuesday a budget that includes an "obesity tax" of about 15% on all drinks that aren't low-calorie.As the New York Daily News puts it ...
Attorney William O. Wagstaff III, a candidate for Westchester County district attorney, on March 20 paid off a federal tax lien of $189,112 for delinquent taxes from 2015 to 2020.
As a result, taxes as a percentage of the national income nearly doubled from 11.6 percent in 1929 to 21.1 in 1932. Most of the increase took place at the local level and especially squeezed the resources of real estate taxpayers. Local tax delinquency rose steadily to a record of 26.3% in 1933. [59]: 6–7, 15–16