Taxable Talk

From Russ Fox, E.A., of Clayton Financial and Tax of Irvine, CA
All items below are for information only and are not meant as tax advice.
Please consult your own tax advisor to see how each item impacts your own situation.
Define "Tax Evasion" and Win $10,000!
The above headline is not a joke. It seems that in Russia tax evasion may mean whatever the prosecutorgovernment wants it to mean. The recent Yukos case is a good example of this.

In any case, the Russian Presidential Administration is sponsoring a contest where the winner will receive 300,000 Rubles ($10,000) for defining tax evasion. The deadline for entry submission is apparently quite soon (and may have passed); the winner will be announced on July 1. Over 200 entries are expected.

Link: MosNews