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Full-Text Articles in Tax Law
Lloyd Hitoshi Mayer Quoted In Propublica "The Irs Moves To Limit Dark Money – But Enforcement Still A Question", Lloyd Mayer
Lloyd Hitoshi Mayer Quoted In Propublica "The Irs Moves To Limit Dark Money – But Enforcement Still A Question", Lloyd Mayer
Lloyd Hitoshi Mayer
Lloyd Mayer was quoted in the ProPublica article "The IRS Moves to Limit Dark Money – But Enforcement Still a Question" by Kim Barker. The proposed regulations “are only as good as the extent of compliance with them, which history would indicate requires a realistic threat of enforcement and significant sanctions on the groups involved and probably the individuals running those groups,” said Lloyd Hitoshi Mayer, a law professor and associate dean at the University of Notre Dame who specializes in nonprofits and campaign finance.
Lloyd Hitoshi Mayer Quoted In Propublica "New Tax Return Shows Karl Rove's Group Spent Even More On Politics Than It Said", Lloyd Mayer
Lloyd Hitoshi Mayer
Lloyd Hitoshi Mayer quoted in ProPublica article "New Tax Return Shows Karl Rove's Group Spent Even More On Politics Than It Said" by Kim Barker. Lloyd Hitoshi Mayer, a law professor and associate dean at the University of Notre Dame who specializes in nonprofits and campaign finance, reviewed the Americans for Tax Reform documents at the request of ProPublica and said it was possible that the group was allocating overhead or other costs differently in its tax return than in its FEC filings. "I do not see how any reasonable allocation differences could result in such a large disparity, however," …
Tax In The Cathedral: Property Rules, Liability Rules, And Tax, Andrew Blair-Stanek
Tax In The Cathedral: Property Rules, Liability Rules, And Tax, Andrew Blair-Stanek
Andrew Blair-Stanek
The distinction between property rules and liability rules has revolutionized our understanding of many areas of law. But scholars have long assumed that this distinction has no relevance to tax law. This assumption is flatly wrong. Tax law currently uses both property rules and liability rules, and the choice between them has real consequences. When a taxpayer violates a requirement for a favorable tax status, tax law either imposes additional tax proportionate to the harm (a liability rule) or imposes the draconian penalty of taking away the tax status entirely (a property rule). This recognition has three key implications. First, …