By Catherine Yang Attorneys Brian McManus, Matthew Salerno, and Timothy McCarten of Latham & Watkins LLP withdrew from representing Hunter Biden in the tax misdemeanor case brought against him by the Department of Justice. The lawyers filed the motion to withdraw on Aug. 18, and the motion was approved by Judge Maryellen Noreika on Aug. […]
Tag: Income Tax
An income tax is a tax imposed on individuals or entities that varies with respective income or profits. Income tax generally is computed as the product of a tax rate times taxable income. Taxation rates may vary by type or characteristics of the taxpayer. The tax rate may increase as taxable income increases.
