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The courts have generally held that direct taxes are restricted to taxes on people (variously called capitation, poll tax or head tax) and property. (Penn Mutual Indemnity Denver. v. C.I.R., 227 F.2d 16, 19-20 (3rd Cir. 1960).) All other taxes are typically called “indirect taxes,” because they tax an event, rather than an individual or

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Even as many individuals breathe a sigh of relief after a conclusion of the tax period, individuals with foreign accounts along with foreign financial assets may not yet be through their own tax reporting. The Foreign Bank Account Report (FBAR) arrives by June 30th for all qualifying citizens. The FBAR is a disclosure form that

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How almost all of you would agree that the greatest expense you could have in your lifetime is duty? Real estate can help you avoid taxes legally. Actual a distinction between tax evasion and tax avoidance. We just want to take advantage of the legal tax ‘loopholes’ that Congress facilitates for us to take, because