Its low-tax, high-liability, irresponsible fiscal choices are well-worn territory.
The case would be among the biggest of the current term, and could establish binding standards over high-stakes liability involving employers large and small.
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Many lawyers and analysts emphasize that it is still almost impossible at this time to guess how the litigation will turn out or how high Merck's liability will be.
Kehoe and Dale Hart, his deputy, vow to revamp the audit process and shift resources into audits of shelters, partnerships, trusts, limited liability companies and high-income returns.
This high performer had become a liability.
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These are the registers in such places as Liberia and Panama that enable owners to limit their liability and avoid the high manning costs and taxes of their home country.
Some aggrieved group begins to complain: gas prices are too high, beef prices too low, liability insurance too burdensome, there's a salmon surplus driving coho prices down.
Including the new tax when you compare your regular tax liability against potential AMT would protect many high-income taxpayers from having to pay the alternative tax.
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In 2005, 10, 680 of those with high expanded incomes had no U.S. tax liability, and 5, 420 owed no tax worldwide.
Companies that potentially face civil or criminal liability for the Gulf of Mexico oil spill have hired a large cast of outside legal help, including former high-level government attorneys and a top product-liability lawyer.
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It seems that a high proportion of start-ups in an economy is actually a liability because they are so inefficient.
"If your return is selected because of a high score under the DIF system, the potential is high that an examination of your return will result in a change to your income tax liability, " says an IRS publication that explains the auditing process.
The case requires the high court to determine whether the motor vehicle safety standards established by the federal government effectively preempt a products liability claim under state tort law.
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