Paying Taxes Reforms - Doing Business - World Bank Group

Doing Business Reforms

ENHANCING TAX COMPLIANCE SYSTEMS

Properly developed, effective taxation systems are crucial for a well-functioning society. In most economies, taxes are the main source of revenue to fund public spending on education, health care, public transport, infrastructure and social programs, among others. Tax policy is one of the most contentious areas of public policy. A large...

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Website: http://www.doingbusiness.org

BDO Knows: ASC 740 - March 2016 - Accounting, Tax, Audit ...

Home > Insights > Tax > ASC 740 > BDO Knows: ASC 740 - March 2016

BDO Knows: ASC 740 - March 2016

March 2016

Download PDF Version

Summary�

On December 18, 2015, President Obama signed into law the Protecting Americans from Tax Hikes (PATH) Act of 2015 (the "Act") and the Fiscal Year 2016 Budget (the "omnibus"). The Act contains provisions that retroactively restore and extend a large number of...

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Website: https://www.bdo.com

Tax Calculator Ireland - 2017 - Virtual Accountant

Other Calculators [ 2015 , 2016 , 2018 ]

Please enter your salary details in the Variables section below. Check your Certificate of Tax Free allowances to ensure that the specified values are correct. Please note that the Constants section does...

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Website: virtualaccountant.ie

Related topics : ireland tax calculator 2017 / tax calculator 2015 ireland / tax calculator 2016 to 2017 / calculate tax 2016 ireland / ireland tax calculator 2016

Tax Calculator Ireland - 2017 - Virtual Accountant

Other Calculators [ 2015 , 2016 , 2018 ]

Please enter your salary details in the Variables section below. Check your Certificate of Tax Free allowances to ensure that the specified values are correct. Please note that the Constants section does...

Read more


Website: virtualaccountant.ie

Related topics : ireland tax calculator 2017 / tax calculator 2015 ireland / tax calculator 2016 to 2017 / calculate tax 2016 ireland / ireland tax calculator 2016

Corporate Tax Reform FAQs - Department of Taxation and Finance

Doing business with us

Corporate Tax Reform FAQs

These FAQs are meant to provide general guidance on topics of interest to taxpayers. However, taxpayers should be aware that subsequent changes in the Tax Law or its interpretation may affect the accuracy of an FAQ. The information provided in these FAQs does not cover every situation and is not intended to replace the law or change its meaning....

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Website: tax.ny.gov

Individual income tax forms and guides (Forms and guides ...

Individual income tax forms and guides

Title and summary

This booklet contains information to help you to identify when a person is associated with another person for income tax purposes.

IR620

Form to use to prepare account information to be returned, eliminating the need for returning full financial records.

IR10A

This flyer provides guidelines on when money received from the sale of scrap is...

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Date: 2018-04-05 18:37:54
Website: http://www.ird.govt.nz

Understand Your Property Transfer Tax - Province of ...

Understand Your Property Transfer Tax

You are charged property transfer tax when you make changes to a� property's title , including:

acquiring a registered interest in the property

gaining an additional registered interest in the property

becoming the registered holder of a lease, life estate, or right to purchase for the property

The amount of tax you pay is based on the� fair market value...

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Website: https://www2.gov.bc.ca

Related topics : property tax calculator / property taxes estimate / land transfer tax calculator commercial / land transfer tax calculator bc / land transfer tax calculator

The Consumer's Guide to Sales Tax - TaxJar

To calculate sales tax, use this formula:

Total item price x 1 + sales tax rate = total sales tax

For example, let's say you are buying an item priced at $10.00 and the sales tax rate is 6%.

$10 total item price x 1.06 = $10.60

Sales tax rates can vary from state to state and even within counties or cities. If you need to look up a sales tax rate, check out [TaxJar's Sales Tax Rate...

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Date: 2018-03-29 19:43:56
Website: https://www.taxjar.com

HM Revenue & Customs: Pension schemes annual allowance ...

Pension schemes annual allowance checking tool - introduction

Pension schemes annual allowance checking tool - introduction

From 6 April 2014 the annual allowance for tax relief on pension savings in a registered pension scheme was reduced to £40,000. This includes contributions made by anyone else into your pension such as your employer. If your pension savings exceed this amount you may have to pay a tax charge and give details of this on a Self Assessment tax return.

When you...

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Website: http://www.hmrc.gov.uk

Related topics : pension tax calculator 2015 / tax calculator 2014 to 2015 / pension tax calculator 2016 / tax calculator pension relief / tax return calculator 2015

Pension savings annual allowance calculator - hmrc.gov.uk

Pension schemes annual allowance checking tool - introduction

Pension schemes annual allowance checking tool - introduction

From 6 April 2014 the annual allowance for tax relief on pension savings in a registered pension scheme was reduced to £40,000. This includes contributions made by anyone else into your pension such as your employer. If your pension savings exceed this amount you may have to pay a tax charge and give details of this on a Self Assessment tax return.

When you...

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Website: http://www.hmrc.gov.uk

Related topics : uk tax allowance 2014 / pension tax calculator 2015 / uk tax allowance 2015 / pension tax calculator 2016 / tax calculator pension relief

10 Important Tax Dates for 2016 | The Fiscal Times

10 Important Tax Dates for 2016

iStockphoto

January 15, 2016

MOST POPULAR

Half the grunt work involving taxes is knowing how much time you have to get certain tasks done. Of course, you know the deadline to file taxes. (Or, do you? This year is different.) But there are other key dates that may affect your filing.

For example, Jan. 15 is the deadline for self-employed workers and others who pay...

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Date: 2018-04-05 18:28:17
Website: http://www.thefiscaltimes.com

Company Car Tax guide 2015: Everything you should know!

Company Car Tax guide 2015: Everything you should know!

Business car tax may be a confounding thing to get your head around, so we've assembled a quick guide to help.

Company car tax is calculated differently to ordinary VED auto tax, based on more than just CO2 emissions. Emissions are still a variable but the car's list price, discretionary equipment, fuel kind, how you cover the car and when...

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Website: https://flexed.co.uk

How I Finally Got My Income Tax Refunds In Malaysia | Just ...

I finally got my Income Tax Refunds for year 2014 and 2015 from the Inland Revenue Board Malaysia (IRBM), also known as Lembaga Hasil Dalam Negeri (LHDN) last week, and I am excited to share my experiences on how I managed to get my excess tax payments refunded to me. Hopefully this will be useful to those who are in the same situation as me.

Please note that all the information that I have...

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Date: 2018-04-05 15:20:35
Website: http://elinchow.blogspot.com

How to Check A Prior Year Tax Refund Status | Priortax

How to Check A Prior Year Tax Refund Status

Posted by Michelle O'Brien on October 20, 2016

Last modified: November 2, 2016

Go online and use�the "Where's My Refund" IRS tool. It works!

Although the IRS " Where's My Refund " tool is available to check the progress of your return, it only applies to the tax return you filed for the most current tax year.

For example, let's say you file your 2013...

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Website: https://www.priortax.com

Spanish Tax Forms Ltd: Spanish Tax made easy!: Home

I have received rental income

What Is Your Service?

We calculate your tax liability, obtain and complete the appropriate tax form(s) and email or post the completed forms to you. You simply have to present the forms at the bank. Our inclusive charge for this service is £29.95 (per property, not per person).

For just £12 per person we can also present the forms for you, pay the tax and send you...

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Date: 2018-01-24 17:36:49
Website: http://spanishtaxforms.co.uk

Tax Calculator - The 30% Ruling Specialists B.V. is a ...

Calculator 2016 details:

Are you subject to Dutch Social Security Tax?

In short you are insured in the Netherlands (Yes) unless you are assigned to the Netherlands by a foreign employer, work exclusively abroad for more than 24 months, or possibly when you work for 2 or more companies in more than one country (No).

In most cases you are insured for the social security in The Netherlands, that's...

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Website: https://www.the30ruling.nl

How to estimate your tax refund - CNET

Software Leer en español

How to estimate your tax refund

Before filing your taxes, get an estimate of how big a refund you will receive or how much you owe.

by

Matt Elliott

March 30, 2016 1:23 PM PDT

With the calendar soon turning to April, it's time for all procrastinators to start thinking about filing their taxes.

This year, you have until Monday, April 18 to submit your tax return, thanks...

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Date: 2018-04-05 18:33:56
Website: https://www.cnet.com

Three Problems With Turbo Tax and How to Fix Them ...

June 10, 2017 at 4:59 pm

Hi Penny,

I don't believe that you can e-file a back year tax return with Turbo Tax online. So you've got a problem. One of those returns was filed, the other should have been rejected. You'll have to figure out which one the IRS got.

If the IRS received the 2016 return - you're good. If not, then you'll have to amend your 2016 with the correct figures.

You will need...

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Website: http://robergtaxsolutions.com

Marriage allowance and married couple’s ... - Whitefield Tax

Rules around the allowance, what happens on year of eligibility and on death.

Taxpayers living in the UK are entitled to a personal allowance and - if married or in a civil partnership - may also be able to claim marriage allowance or married couple's allowance too.

Below we examine rules regarding the allowance, what happens on year of eligibility and on death.

Marriage allowance

Marriage...

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Website: https://www.whitefieldtax.co.uk

Related topics : married tax allowance 2015 to 2016 / self employed income tax calculator 2016 / married tax allowance uk / married tax allowance / uk tax allowance 2015

Calculate Your 2016 Obamacare Penalty | Obamacare Fine ...

Search for:

Calculate Your 2016 Obamacare Penalty

President Donald Trump has vowed to repeal and replace the Affordable Care Act.�An executive order has been issued to, "minimize the unwarranted economic and regulatory burdens of the Act." However, the law has NOT been repealed.

Nevertheless, it certainly appears as though the President is serious about eliminating the fine. Stay tuned....

Use this Obamacare fine calculator to estimate your 2016 ACA penalty. The fine, if any, may be higher than 2015 since the...

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Website: http://obamacarefee.com

Related topics : tax penalty calculator 2016 / tax return calculator 2016 irs / tax return calculator 2016 / estimated tax payments calculator 2016 / tax calculator 2016 to 2017

Malaysia Income Tax Guide 2016 - RinggitPlus.com

We are getting to the deep end of income tax season and there is virtually no time to procrastinate filing. Here is a complete guide to help you get it right from start to end.

Share

[UPDATE] We have a newer version of this article, complete with all the new changes for 2017 right here !

Whenever the tax season rolls around (that's 1st March to 30th April), there is inevitably a sense of worry...

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Date: 2018-04-05 13:49:18
Website: https://ringgitplus.com

Calculate Your 2015 Obamacare Penalty | Obamacare Fine ...

Use this Obamacare fine calculator to estimate your 2015 ACA penalty. The fine, if any, may have been higher than calendar 2014 since the Shared Responsibility Payment �under the individual mandate of the Affordable Care Act has some built-in yearly increases.

The amount is either 2% of your modified adjusted gross income (MAGI) or a flat rate amount , whichever was higher. You'll...

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Website: http://obamacarefee.com

Related topics : tax return estimate calculator 2015 / income tax rate calculator 2015 / tax return calculator 2015 / tax calculator 2015 irs / 2015 estimated tax calculator

Department Of Motor Vehicles Errs In Calculating Sales Tax ...

Department Of Motor Vehicles Errs In Calculating Sales Tax On Hundreds Of Luxury Cars

Rudolf Stricker Photo

The Department of Motor Vehicles acknowledged Tuesday it has miscalculated the sales tax on luxury autos like this Ferrari F430 Coupe.

The Department of Motor Vehicles acknowledged Tuesday it has miscalculated the sales tax on luxury autos like this Ferrari F430 Coupe. (Rudolf Stricker...

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Website: http://www.courant.com

Related topics : sales tax vehicle calculator / calculating sales tax on a car / calculation sales tax / sales tax calculator / sales tax vehicle

Tax Office - Blue Ash, Ohio

Tax Year 2015 and Prior

 

 

"House Bill 5"

The State of Ohio revamped ORC718 with legislation known as "House Bill 5" (HB5). This legislation made substantial changes to municipal income tax effective with the 2016 tax year.  As a result, municipalities throughout the State were required to pass new income tax ordinances to be in compliance with the new laws.  The City of Blue Ash finalized its new ordinance on November 12,...

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Website: http://www.blueash.com

Tax Return Filing (FAQs) - Germany Mantra

Tax Return Filing (FAQs)

Tax Return (Einkommensteuererklärung)

Because the financial year is from January to December, The tax return is filed after January of next year.

How much refund I can Get?

The chances of getting refund depends on certain factors.

As explained in the German Income tax system, you have possibility to get refund in case of conditions including

There are Business expenses...

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Date: 2018-04-03 15:28:29
Website: http://itr.germanymantra.com

Health Insurance: Premiums and Increases

Health Insurance: Premiums and Increases

12/4/2017

Health Program staff

The increased cost of health insurance is a central fact in any discussion of health policy and health delivery.� Annual premiums reached $18,764 for 2017,�up 3�percent from 2015�for an average family coverage with workers on average paying $5,714 towards the cost of their coverage.* For those Americans who are...

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Website: http://www.ncsl.org

Related topics : health insurance premium tax / insurance tax premium increase / tax penalty calculator health insurance / tax deduction insurance premiums / tax deductible insurance premiums

NCAC Adoption Tax Credit 2017 - Every child deserves a ...

Claiming the Federal Adoption Tax Credit for 2017

Updated March 2017

For more about the adoption tax credit, see our main page on the subject and our FAQS

If you finalized your adoption in a year other than 2017, please use the links in the menu to go to the page of the year that you adopted.

For adoptions finalized* in 2017, the adoption tax credit is up to $13,570 per child. The 2017 adoption...

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Website: https://nacac.org

File a 1040ez Return or Full 1040? See the Difference | E ...

File a 1040ez Return or Full 1040? See the Difference

Knowing which 1040 to use can sometimes be a little difficult. Fortunately, our online tax preparation software takes on the decision-making process, determining exactly what needs to be filed in each situation. In most cases, a filer's return will use either a 1040EZ, 1040A, or the 1040 tax form. While we make this determination...

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Website: https://www.e-file.com

ATO Tax Rates 2017 - atotaxrates.info

�19c for each $1 over $18,200

�$37,001 to $80,000

�$3,572 plus 32.5c for each $1 over $37,000

�$80,001�to $180,000

�$17,547 plus 37c for each $1 over $80,000

�$180,001 and over

�$54,547 plus 47c for each $1 over $180,000

Levy on higher income earners

A Federal Budget 2014-15 measure applied a Temporary Budget Repair Levy of 2% to taxable incomes in excess $180,000, to take effect...

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Website: https://atotaxrates.info

FAQs - My Refund

Using the incorrect tax code

Self-employed, rental or untaxed income

Low prescribed investor rate

What if I have a tax to pay?

We can check for you and if we calculate you owe them money instead of a tax refund we will not proceed without your permission. Remember No Refund - No Fee.

If you are required to file a tax return, regardless if it is a no refund we will contact you and advise you of...

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Website: https://www.myrefund.co.nz

IRS Deductible Standard Mileage Rates for 2017 & Prior Years

Current Year: 2017 Tax Year Standard Deductible�Mileage Rates from Jan. 1, 2017-Dec. 31, 2017

ATTENTION: The following mileage rates are for 2017�Tax Returns due April 17, 2018.

The optional standard tax deductible IRS mileage rates for the use of your car, van, pickup truck, or panel truck during 2017�are:

53.5�cents per mile driven for business purposes

17�cents per mile driven for...

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Website: https://www.efile.com

penalty calculator - health insurance

Home | Obamacare | Will you owe a penalty under Obamacare?

Will you owe a penalty under Obamacare?

After growing in 2015 and 2016, the flat-rate penalty is unchanged for 2017 and 2018. But the maximum penalty is significantly higher. And yes, there's still a penalty for being uninsured in 2018.

Individual health insurance and health reform authority; broker

December 23, 2017

Do I Qualify?

*You...

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Website: https://www.healthinsurance.org

2015 Individual Income Tax Forms - Maryland Taxes

502E

Maryland Application for Extension of Time to File Personal Income Tax Return

Form and instructions for applying for a six-month income tax filing extension by April 18, 2016, (or the 15th day of the fourth month following the close of the tax year) and paying the full amount due with the application.

502INJ

Injured Spouse Claim Form

Form and instructions for a qualifying spouse to a file...

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Website: http://taxes.marylandtaxes.gov

2015 Individual Income Tax Forms - Maryland Taxes

502E

Maryland Application for Extension of Time to File Personal Income Tax Return

Form and instructions for applying for a six-month income tax filing extension by April 18, 2016, (or the 15th day of the fourth month following the close of the tax year) and paying the full amount due with the application.

502INJ

Injured Spouse Claim Form

Form and instructions for a qualifying spouse to a file...

Read more


Website: http://taxes.marylandtaxes.gov

Company car BIK tax rates: How much will you pay? | Parkers

Company car tax can be confusing at times, especially if you're new to the scheme.

What isn't always clear is how much you should pay - here we attempt to demystify the calculations, plus include tips on how to keep your monthly bills low and explain some of the meanings behind that confusing jargon.

Why do we have to pay tax on benefits?

There are lots of perks to getting a company car; it's a...

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Website: https://www.parkers.co.uk

How to calculate Income Tax for FY 2017 – 2018? | Primo ...

How much tax one should pay depends on the tax slab applicable to the taxpayer's income and age.

Income tax is calculated based on the below mentioned tax slabs.

IT slab for individual tax payers (less than 60 years) (Male & Female)

Income Slab

IT slab for senior citizens (more than 60 years less than 80 years) (Male & Female)

Income Slab

IT slab for super senior citizens (more than 80 years)...

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Website: https://primopayroll.co.in

Related topics : rebate income tax slab / 2015 tax calculator taxable income / income tax slab / tax calculator income / income tax sales

Know Your Income Tax Refund Status using tin-nsdl.com | H ...

[ Skip to: Most Frequently Asked Questions on IT Refund ]

Your Refund Status Says that Refund had Expired:

The validity period for refunds to be presented as payment is 90 days. If this period expires, it is marked as expired and cancelled.

Steps you should take:

If you paper-filed your return, then you should contact the concerned Assessing Officer.

If you had e-filed your return, then follow...

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Website: https://www.hrblock.in

Spanish non-resident tax form 210 - ADVOCO

Non-resident property owners should submit Spanish tax form 210

2014 taxes must be declared and paid before the end of 2015.�

Spanish tax law requires that non-resident owners of property in Spain have to pay Spanish income tax even if they have no Spanish earnings such as rental income. Here we offer our services and some guidance for anyone trying to sort out their tax forms themselves. Tax...

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Date: 2018-04-05 23:12:39
Website: http://www.advoco.es

IRS Tax Forms: 1040EZ, 1040A & More | E-file.com

Sign Up Free

Popular IRS Tax Forms You Should Know About:

Below is a list of some of the IRS tax forms that individuals may need and a brief definition of what they are used for. From the IRS 1040EZ to the IRS 1040A, there are many to navigate as an e-filer. While this represents just a small number of the forms the IRS may require from a taxpayer these are ones you are most likely to...

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Website: https://www.e-file.com

Taxes Today.net, We Prepare and E-File your Income Tax ...

Happy Clients

Apply for an ITIN

An ITIN will serve as your identification number for filing your taxes. With certified tax professionals and Certified Acceptance Agents (CAAs), our office is well-equipped to guide you through the ITIN application.

So your ITIN tax ID not only helps you file a tax return, it ensures you get the refund you deserve as quickly as possible.

WHAT DOCUMENTS DO I NEED TO...

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Website: https://www.taxestoday.net

A worked example based on 2015-16 « TaxAid

This example looks at income for 2015-16 as this is what will be entered on tax returns issued in April 2016, for submission by 31 January 2017.

We are going to work out Julie's tax. Julie has a salary from her job at a supermarket, and some self-employed income from designing greeting cards. Julie also has a little savings income. She wants to work out her tax bill for 2015-16. Julie is single and has a daughter, aged seven.

Julie has the following income for 2015-16:

Gross salary £12,000; tax deducted under PAYE £280 (National Insurance of £472.80 would also been deducted, but is not relevant for this calculation). Her employer gives her...

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Website: http://taxaid.org.uk

Related topics : income tax rate calculator 2015 / self employed income tax calculator 2016 / self employed income tax calculator / income tax rate calculator / income tax return 2015

What is a tax credit? - Tax planning guide GTC

Print

What is a tax credit?

Several of the topics that follow refer to a tax credit. Although there's a substantial difference between a tax credit and a tax deduction, it's easy to get the two confused. A tax deduction reduces your taxable income, with the actual amount of tax saved depending on your personal marginal rate of tax.

A tax credit, on the other hand, is a deduction from tax owing....

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Website: http://www.taxplanningguide.ca

Missed the tax return filing deadline? Here's what to do

Missed the tax return filing deadline? Here's what to do

By

Jan 30, 2017, 05.54 PM IST

0Comments

Not filing your I-T return by the due date is not only an offence but may also make you ineligible for certain tax benefits

Related

Made a mistake in your tax return? Here's how to correct it

Merely paying the due amount of tax is not sufficient. In addition, the Income-tax rules require a taxpayer to...

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Date: 2018-04-05 13:07:41
Website: https://economictimes.indiatimes.com

Small business exemption regulation (sales tax) - WKO.at

Net turnover �

EUR 29.000,-

The entrepreneur can make use of the small business exemption regulation. The limit may be exceeded by a maximum of 15% once in five years.�

Which turnover is tax free?

The sales tax exemption includes supplies and other services, whose place of delivery or supply is in Austria, as well as turnover from ancillary business and business disposals. Not exempt are...

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Website: https://www.wko.at

Belgian tax guide: Understanding taxes in Belgium for ...

EUR38,830+

50%

Under the Belgian tax system, residents also pay municipal and regional taxes that typically range up to 9%. For non-residents, an average 7% municipal tax is taken into account, irrespective of whether the municipal taxes are levied in the commune.

Belgian income tax is paid on the taxable base, which is determined from salary less compulsory social security contributions (paid...

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Website: https://www.expatica.com

Investment Property Calculator - AMP

Editable assumptions

Infrastructure depreciation rate

This rate is generally 2.5% p.a. for the first 40 years after construction for buildings constructed after 15 September 1987.

Capital growth rate

This is the rate your property value is assumed to grow at.

Inflation

All results are expressed in today's dollars, and it is assumed that all expenses and income increase at the same rate as...

Read more

Date: 2015-02-26 04:55:37
Website: https://www.amp.com.au

Related topics : income tax rate calculator 2015 / income tax rate calculator by state / income tax rate calculator / 2015 tax calculator taxable income / australian income tax calculator

Texas Franchise Tax Update - ATKG LLP

In the last few weeks, most business owners have been racing to get their federal tax returns extended or filed by the April deadline.� It's easy to forget there is another tax deadline quickly approaching - Texas Franchise tax returns are due on May 15th.� An extension may be filed, but tax due (lower of 90% of current year tax or 100% of prior year tax) must be paid by the May 15...

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Website: http://www.atkgcpa.com

2015 Tax Year - Federal Tax Benefits for Higher Education

The federal government provides a number of tax incentives that can help lower the cost of higher education. These incentives include:

Tax credits directly reduce the amount of tax you pay.

Tax deductions reduce the amount of your income that is taxed.

You may qualify for more than one of these incentives, but there are some restrictions. It's a good idea to calculate your taxes multiple ways to...

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Website: https://www.nasfaa.org

Travel e-log book - SARS Home

If you receive a travel allowance from an employer or principal, you can claim a deduction on assessment of your annual income tax return for the use of a private motor vehicle for business purposes.

What do I need to do?

Firstly, record your motor vehicle's odometer reading on 1 March, i.e. on the first day of a tax year.

Secondly, make sure that you keep a logbook throughout the year.� Note...

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Website: http://www.sars.gov.za

Related topics : tax return claiming 1 / tax calculator 2016 to 2017 / 2015 to 2016 tax calculator / income tax return date 2016 / income tax return date 2015

Simple Tax Guide for Americans in Hong Kong

Country Guides

Simple Tax Guide for Americans�in Hong Kong

At Taxes for Expats we have been preparing U.S. tax returns for U.S. Citizens and Green Card holders in Hong Kong for over 16 years.

We have set u a dedicated HK phone line for our clients from Hong Kong: +852 3008 3402

Among all the possible destinations for US expats, Hong Kong appears near the top of the list in popularity. Of...

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Date: 2018-04-05 09:19:34
Website: https://www.taxesforexpats.com