kccpa.com - McRuer CPAs: Business and individual tax ...

Tax Deductions for Alimony are Disappearing: Find out why .

New Tax Scam Alert: Fake Refund Checks. Don't spend it if you receive it. Click here for more.

Employers! Tax Reform Income Tax Withholding Tables Now Ready. Find out more .

2017 Tax Filing Launches January 29. Read More .

New! What The Tax Reform Bill Means For Individuals. Click here for info.

New! How Tax Overhaul Would Change...

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Website: http://kccpa.com

TaxTips.ca - Tuition Education and Textbook Tax Credits

Tuition Education and Textbook Tax Credits

Ads keep this website free for you.

TaxTips.ca does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?

See USTaxTips.net

Need an accounting, tax or financial...

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Date: 2018-03-28 22:21:32
Website: https://www.taxtips.ca

2.4.4.10 Adjusted Taxable Income | Child Support Guide

If an application for post separation income ( 2.5.2 ) to be excluded from a parent's adjusted taxable income has been accepted then the parent's adjusted taxable income will be the amount determined by the Registrar.

Act reference: CSA Act section 43 Working out parent's adjusted taxable income

Taxable income for the last relevant year of income

Generally, a parent's taxable income is the amount...

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Date: 2018-04-05 20:42:05
Website: http://guides.dss.gov.au

Related topics : income tax assessment act 1997 and 1936 / income tax assessment act 1997 australia / tax return guide other taxable income / income tax assessment act 1997 / tax income act

Tamil Nadu Tax on Entry of Goods in to Local Area Act,2001

Tamil Nadu Tax on Entry of Goods in to Local Area Act,2001

Lr.No.Acts Cell-IV/46838/2002,   Date: 24.07.2002

The following changes have been notified by the Government in respect of entry tax and the changes are effected with effect from 1.7.2002.

1. Changes in the Schedule

(a) Entry No.11 of the Schedule has been substituted. Now, only parts and accessories including compressors of window and...

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Date: 2009-06-30 08:22:02
Website: http://www.tnvat.com

Related topics : tamil nadu sales tax act / tamil nadu sales tax forms / tamil nadu sales tax / local sales tax rates by state / states no sales tax

What Is the Difference Between Federal Withholding Tax ...

What Is the Difference Between Federal Withholding Tax & FICA?

by Grace Ferguson

; Updated January 06, 2018

You may notice the different federal taxes that come out of your paycheck but have no idea how they're calculated. The U.S. Congress establishes federal employment taxes, including income taxes, Social Security tax and Medicare tax. The latter two are called FICA taxes; they go hand in...

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Website: https://pocketsense.com

New Jersey Transfer Inheritance Tax - njlaws.com

New Jersey Transfer Inheritance Tax

New Jersey has had a Transfer Inheritance Tax since 1892 when a 5% tax was imposed on property transferred from a decedent to a beneficiary. Currently, the law imposes a graduated Transfer Inheritance Tax ranging from 11% to 16% on the transfer of real and personal property with a value of $500.00 or more to certain beneficiaries.

The Transfer Inheritance Tax...

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Website: http://www.njlaws.com

AlertTax.in - Income Tax & GST Updates

CBEC Clarifies Issues Related to Job Work - Circular No. 38/12/2018

Central Board of Excise & Customs released the circular No.38/12/2018 to clarify all issues related to job work. You can check the clarification on scope of job work, requirement of registration, supply of goods, movement of goods, issues and legal provisions. Circular No.38/12/2018 F. No. 20/16/03/2017-GST Government of India...

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Website: http://www.alerttax.in

Code of Laws - Title 12 - Chapter 8 - Income Tax Withholding

SECTION 12-8-510. Parties subject to withholding laws.

A person located, doing business, or having gross income in this State and an employer having an employee earning income within this State are subject to the withholding laws provided in this chapter.

HISTORY: 1995 Act No. 76, Section 2.

SECTION 12-8-520. Incomes subject to withholding and amounts to be withheld.

(A) An employer paying wages...

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Website: http://www.scstatehouse.gov

R&D Tax Alert - April 2017 - BDO USA, LLP

Home > Insights > Tax > R&D Tax > R&D Tax Alert - April 2017

R&D Tax Alert - April 2017

April 2017

New Guidance for Research Tax Credit Payroll Offset Creates Opportunity for Small Businesses

Summary

Under the Protecting Americans from Tax Hikes ("PATH") Act of 2015, eligible small businesses may elect to utilize up to $250,000 of the Research Tax Credits ("RTCs") they generate under Internal...

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Website: https://www.bdo.com

Home and Vehicle Tax Credits | Alliance to Save Energy

This page provides details on valuable federal income tax credits for consumers who purchase plug-in hybrids and electric vehicles and who make certain specified energy efficiency upgrades to their homes. The� American Tax Payer Relief Act of 2012�(H.R. 8) �extends home, vehicle, and appliance efficiency tax credits, which expired in 2011, until December 31, 2013.

Consumers who employ...

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Date: 2018-04-05 21:40:46
Website: http://www.ase.org

UNF - Controller - Sales Tax

How to Collect Sales Tax and Provide Receipt to Purchaser

Determining Whether a Transaction is Subject to State Sales Tax

The State of Florida imposes a tax on all sales of tangible personal property. A sale is defined as any transfer of title or possession, or both, exchange, barter, license, lease, or rental of tangible personal property for consideration. Most counties in the state impose...

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Date: 2018-04-05 22:57:24
Website: http://www.unf.edu

How Sars might tax your bitcoin transactions - TechCentral

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South Africa has no specific laws or regulations that deal with the use of cryptocurrencies like bitcoin. It follows that, to date, there aren't any court rulings or directives that focus on the tax treatment of bitcoin-related transactions. However, the South African Revenue Service (Sars) has voiced plans to release guidance on what the tax...

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Website: https://techcentral.co.za

Public Ancillary Fund Guidelines 2011

Public Ancillary Fund Guidelines 2011

as amended

made under section 426-103 in Schedule 1 to the

Taxation Administration Act 1953

Compilation start date:                     5 May 2016

Compilation number:                       1

Includes amendments up to:            Private Ancillary Fund and Public Ancillary Fund Amendment Guidelines...

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Date: 2018-04-05 23:28:27
Website: https://www.legislation.gov.au

Service Tax Procedures

1% of S.T.

6.1���� In case of Individuals or Proprietary Concerns and Partnership Firm, service tax is to be paid on a�quarterly�basis. The due date for payment of service tax is the�5th�of the month immediately following the respective quarter ( in case of e-payment, by 6th�of the month immediately following the respective quarter). For...

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Website: http://www.servicetax.gov.in

Service Tax Procedures - Home Page of Central Board of ...

1% of S.T.

6.1���� In case of Individuals or Proprietary Concerns and Partnership Firm, service tax is to be paid on a�quarterly�basis. The due date for payment of service tax is the�5th�of the month immediately following the respective quarter ( in case of e-payment, by 6th�of the month immediately following the respective quarter). For...

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Website: http://www.cbec.gov.in

Commissioner of the Revenue | Cumberland County VA ...

Questions regarding the assessed value of vehicles may be directed to (804) 492-4280.

Military Exemptions

Vehicles registered in the active duty, non-Virginia resident military person's name and the name of their spouse (effective 11/11/2009) will be exempt from personal property tax. The military spouse whose name is on the registration must supply a copy of their current Leave and Earnings...

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Website: http://www.cumberlandcounty.virginia.gov

eSmart Tax Review 2018 - Free Online Tax Filing

eSmart Tax Start Your Taxes Now

CPA Involvement: Not directly; free CPA support available by phone with most plans�

Plans: Free, free for simple situations (1040EZ); Basic, $24.95, for moderately complex situations (including itemized deductions); Deluxe, $38.95, for investors and other complex situations; Premium, $49.95, for small business owners and other very complex situations

State...

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Website: https://www.moneycrashers.com

Income Tax website crashes as people rush to ... - India.com

Vinod Khanna death: Bollywood actors, sports stars, politicians express condolence for the loss!

Mumbai, June 29: The Income Tax Department website www.incometaxindiaefiling.gov.in crashed on Thursday as people rushed to link their PAN with Aadhaar card. The last day for linking PAN to Aadhaar is July 30, i.e. tomorrow. Users reported the site was taking very long to open the Aadhaar-PAN linking...

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Website: http://www.india.com

Related topics : file income tax return / income tax department of india e filing / india income tax return / file amended tax return 2017 / individual income tax return

26 CFR 1.1502-75 - Filing of consolidated returns. | US ...

§ 1.1502-75 Filing of consolidated returns .

(a)Privilege of filing consolidated returns -

(1)Exercise of privilege for first consolidated return year. A group which did not file a consolidated return for the immediately preceding taxable year may file a consolidated return in lieu of separate returns for the taxable year , provided that each corporation which has been a member during any part...

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Date: 2018-02-28 15:19:30
Website: https://www.law.cornell.edu

Related topics : consolidated tax return affiliated group / consolidated tax return regulations / consolidated tax return rules / file amended tax return tax act / filing federal tax return requirements

Tax audit and minimum tax computation - The Nation Nigeria

Taxation, worldwide, constitutes a major source of revenue to governments for funding their capital and recurrent expenditures. In recent times, there has been the urge for tax authorities in Nigeria to carry out spontaneous and sporadic tax audits and investigations on taxpayers, especially corporate bodies, suspected of tax evasion or tax delinquency. In doing so, the tax authorities, in...

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Website: http://thenationonlineng.net

Internal Revenue Bulletin: 2015-5 | Internal Revenue Service

This revenue procedure updates and revises the general procedures under § 446(e) of the Internal Revenue Code and § 1.446-1(e) of the Income Tax Regulations to obtain the consent of the Commissioner of Internal Revenue (Commissioner) to change a method of accounting for federal income tax purposes. Specifically, this revenue procedure provides the general procedures to obtain the advance...

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Date: 2018-04-05 19:44:33
Website: https://www.irs.gov

How to file your income tax returns online - Livemint

New Delhi: If all your documents are in place, you can now e-file your tax returns, as all the income-tax return (ITR) forms for assessment year (AY) 2017-18 are available online at the income tax department's e-filing website www.inometaxefiling.gov.in.

The income tax department has been uploading the various forms since 1 April.

Note that the number of ITR forms has been reduced to seven for...

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Date: 2018-04-05 22:47:15
Website: https://www.livemint.com

TA 2015/1 - Dividend stripping arrangements involving the ...

TA 2015/1

Dividend stripping arrangements involving the transfer of private company shares to a self-managed superannuation fund

The Commissioner's views on the application of section 177E of the Income Tax Assessment Act 1936 (ITAA 1936) are contained in Taxation Ruling IT 2627 and Taxation Determination TD 95/37 .

The Commissioner's view on the operation of the imputation system and section...

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Website: http://law.ato.gov.au

What is the Alternative Minimum Tax (AMT) and How Does It ...

You Are Here: Home » Taxes » What is the Alternative Minimum Tax (AMT) and How Does It Impact Your Taxes?

What is the Alternative Minimum Tax (AMT) and How Does It Impact Your Taxes?

Written by Kevin Mulligan 2 Comments

There are few things in the world of taxes more terrifying than the Alternative Minimum Tax (AMT).

After taking all of that time with your W-2s, donations, and various...

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Date: 2018-02-20 17:10:42
Website: http://freefrombroke.com

Flat tax - Wikipedia

Flat tax proposals differ in how the subject of the tax is defined.

True flat rate income tax[ edit ]

A true flat rate tax is a system of taxation where one tax rate is applied to all personal income with no deductions.

Marginal flat tax[ edit ]

Where deductions are allowed, a 'flat tax' is a progressive tax with the special characteristic that, above the maximum deduction, the marginal rate on...

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Date: 2018-04-03 05:20:05
Website: https://en.wikipedia.org

Gift Tax in India Rules and Exemptions under Income Tax ...

How much gift is tax free in India?

As per the Income Tax Act, 1961 if the value of gifts received is more than Rs. 50,000 a year, then such amount is taxed as income in the hands of the receiver. These gifts may be in any form - cash, jewellery, movable and immovable property, shares etc.

However, this rule is not applicable if your relatives present the gifts. Now just to escape gift tax in...

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Website: https://www.hrblock.in

Withholding Tax - Louisiana Department of Revenue

Withholding Tax

Who Is Required To Withhold

Every employer who has resident or nonresident employees performing services (except employees exempt from income tax withholding) within Louisiana is required to withhold Louisiana income tax based on the employee's withholding exemption certificate. Wages of Louisiana residents performing services in...

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Website: revenue.louisiana.gov

Student Loan Interest Deduction – FinAid | Education Tax

Borrowers of qualified education loans may deduct up to $2,500 in interest on their federal income tax returns as an above-the-line exclusion from income. This includes interest paid on federal and private education loans. This deduction may be taken even if the taxpayer does not itemize.

Amount of the Deduction

You can deduct up to $2,500 in interest on a qualified education loan. The deduction...

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Website: http://www.finaid.org

TRAIN Income Tax Sample Computations (from BIR RR 8-2018 ...

New BIR Withholding Tax Rules for Professionals and Self-Employed (2018)

BIR Revenue Regulations No. 8-2018

Implementing the Income Tax Provisions of Republic Act No. 10963, Otherwise Known as the "Tax Reform for Acceleration and Inclusion (TRAIN)" Act

SECTION 1. SCOPE. - Pursuant to Section 244 of the National Internal Revenue Code, as amended, and Section 84 of Repubiic Act (R.A.) No. 10963...

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Website: https://www.pinoymoneytalk.com

Adoption Tax Credit FAQs - Every child deserves a ...

Updated March 2017

Can I receive the credit if I adopted a child from another country?

Yes, once the adoption is legally finalized, either in your child's home country or in the US, you can claim your qualified adoption expenses, up to the maximum.

Is the adoption tax credit for all adoptions or just special needs? Can I receive the credit if I adopted a healthy child? What kinds of adoptions...

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Website: https://nacac.org

The Punjab Finance Act 2017

 

 

Note: In case of registration of the instrument, an additional stamp duty shall be charged as under:

(a) Rs. 500/-, if the amount of consideration does not exceed Rs.500,000/-; and

(b) Rs.1000/-, if the amount of consideration exceeds Rs.500,000/-".

Exemption:

Transfer of any lease exempt from duty.; and

(aa)      in Article 63-A, for the existing entries in column 2 and column...

Read more

Date: 2017-06-21 09:02:58
Website: http://punjablaws.gov.pk

Related topics : punjab sales tax on services act 2012 / sales tax on internet services in pakistan / sales tax on internet services in punjab / punjab sales tax act 2017 / sales tax on internet service

Canada GST (Goods and Services Tax) and HST (Harmonized ...

Canada GST (Goods and Services Tax) and HST (Harmonized Sales Tax)

Canada GST (Goods and Services Tax) and HST (Harmonized Sales Tax)

Canadian GST/HST Information for Businesses

Canadian GST/HST Information for Businesses

2008 GST Information for Businesses

1. What are the new rates of GST and HST?

The rate of the GST and the federal component of the HST will be reduced from 6% to 5%. The...

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Website: tax-services.ca

Tax deductions for Pension, Retirement and Provident funds ...

Blog Tax deductions for Pension, Retirement and Provident funds simplified

Tax deductions for Pension, Retirement and Provident funds simplified

on Wednesday, 13 April 2016.

As of 01 March 2016 amendments were made to the tax act regarding the above mentioned tax deductions.

All contributions to pension, retirement annuity and provident funds can be deducted from the individual's taxable income....

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Website: https://www.chconsulting.co.za

Related topics : complete tax return online / complete tax return form / tax calculator pension income / tax return deductions 2016 / pension tax calculator 2016

Income Tax Act - Justice

Previous Page Table of Contents Next Page

Marginal note:Records and books

230 � (1) �Every person carrying on business and every person who is required, by or pursuant to this Act, to pay or collect taxes or other amounts shall keep records and books of account (including an annual inventory kept in prescribed manner) at the person's place of business or residence in Canada or at such other...

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Website: http://laws.justice.gc.ca

Related topics : file income tax return for previous years / canada income tax act / file amended tax return tax act / tax income act / amended return tax act

The Latest on BEPS - 6 November 2017 - EY - Global

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OECD

On 1 November 2017, a public consultation on the tax challenges of digitalization was held by the OECD at the University of California, Berkeley. After providing an overview of the on-going work of the Task Force on the Digital Economy (TFDE) on the tax challenges raised by digitalization, the presenters discussed several relevant issues, namely the impact of digitalization on business...

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Date: 2015-08-28 04:50:38
Website: http://www.ey.com

IRS Info, Historic Preservation Tax Incentives—Technical ...

(December 22, 2017) amending the Internal Revenue Code, modifies the 20% Historic Rehabilitation Tax Credit (with certain transition rules) and repeals the 10% non-historic tax credit.

Frequently Asked Questions

Prepared by Mark Primoli, Internal Revenue Service, October 2000

PLEASE NOTE that these FAQs have not been revised to reflect any changes that may be necessary related to Public Law No:...

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Date: 2018-01-23 20:23:17
Website: https://www.nps.gov

2001-5 Delinquent Tax Revolving Funds Revisions to ...

UCA

ACCOUNT DESCRIPTIONS FOR DELINQUENT TAX REVOLVING FUND(S)

a) ACCOUNT 007, CASH--NOTE PAYMENT RESERVE, provides a restricted cash account for a note reserve "fund," if the note payment reserve is established in the note resolution according to MCL 211.87d(6)(c). A portion of note proceeds is recorded in account 007 according to the resolution. The "purchase" of delinquent taxes is made from...

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Website: http://www.michigan.gov

TIR 13-10: Sales and Use Tax on Computer and Software ...

Sales and Use

Revoked in part by TIR 13-17

The following is a Technical Information Release concerning recently-enacted sales and use tax changes effective July 31, 2013.  The purpose of this TIR is to announce the statutory changes and their effective date, and to provide initial guidance.  However, the Department also solicits input from affected taxpayers regarding application of the...

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Date: 2018-04-06 00:07:45
Website: mass.gov

Income Tax Act - Justice

NOTE: Application provisions are not included in the consolidated text;

see relevant amending Acts. R.S.C. 1952, c. 148, s. 1.

PART IIncome Tax

DIVISION ALiability for Tax

Marginal note:Tax payable by persons resident in Canada

2   (1)  An income tax shall be paid, as required by this Act, on the taxable income for each taxation year of every person resident in Canada at any time in the...

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Website: http://laws-lois.justice.gc.ca

Related topics : capital gains tax investment property 6 years / capital gains tax house sale 2 years / canadian income tax return for deceased person / canada income tax act regulations / canada income tax act

Tax-exempt allowances in 2018 for business travel ...

Decision of the Tax Administration on tax-exempt allowances for travel expenses in 2018

-- English translation --

Under § 73 and § 75.2 of Income Tax Act (tuloverolaki) of 30 Dec 1992 (1535/1992), including the amendments by Act no 504/2010 and by Act no 1246/2013, the Finnish Tax Administration has set out the following:

§ 1

The criteria for and amounts of allowances for travel expenses, to...

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Website: https://www.vero.fi

Related topics : income tax return business expenses / tax income act / income tax allowance / amended return tax act / income tax return business

Income Tax Act - Justice

NOTE: Application provisions are not included in the consolidated text;

see relevant amending Acts. R.S.C. 1952, c. 148, s. 1.

PART IIncome Tax

DIVISION ALiability for Tax

Marginal note:Tax payable by persons resident in Canada

2   (1)  An income tax shall be paid, as required by this Act, on the taxable income for each taxation year of every person resident in Canada at any time in the...

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Website: http://laws-lois.justice.gc.ca

Related topics : capital gains tax investment property 6 years / canadian income tax return for deceased person / capital gains tax house sale 2 years / canada income tax act regulations / canada income tax act

Employers' Guide – Taxable Benefits and Allowances - Canada.ca

Automobile and motor vehicle allowances and select "Facts about automobile and other vehicle, benefits and automobile allowances"

Definitions

Read through the following definitions. They will help you understand the terms and expressions we use in the information that follows.

Automobile

An automobile is a motor vehicle that is designed or adapted mainly to carry individuals on highways and...

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Date: 2018-04-05 21:20:02
Website: https://www.canada.ca

Donating a Car to Charity | Edmunds - New Cars, Used Cars ...

Donating a Car to Charity

Share This Page

Donating a Car to Charity

You Must Follow the Rules to Get That Tax Deduction

Updated: 01/23/2018� - by Edmunds

Comments

View Full Screen

It's easy to donate a car to charity if all you want to do is get rid of it. Simply call a charity that accepts old vehicles and it will tow your heap away. But if you want to maximize your tax benefits, it's...

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Website: https://www.edmunds.com

The Latest on BEPS - 28 August 2017 - EY - Global

On 16 August 2017, the Senate approved Senate document No.�177, which amends Act no.�164/2013 on International Cooperation in Tax Administration and related acts to transpose amendments made to the European Union (EU) Directive on Administrative Cooperation in the Field of Taxation (2011/16/EU) concerning the exchange of Country-by-Country (CbC) reports (Council Directive (EU) 2016/881). The...

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Date: 2015-08-28 04:50:38
Website: http://www.ey.com

Delay in filing income tax returns to attract max penalty ...

New Delhi: Taxpayers who do not file their income tax returns (ITRs) on time will have to shell out a penalty of up to Rs10,000, but from the 2018-19 Assessment Year (AY).

"In order to ensure that return is filed within due date, it is proposed to insert a new section 234F in the Act (I-T Act) to provide that a fee for delay in furnishing of return shall be levied for assessment year 2018-19 and onwards in a case where the return is not filed within the due dates specified for filing of return under sub-section (1) of section 139," the...

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Date: 2018-04-05 21:19:33
Website: https://www.livemint.com

Related topics : file income tax return / file amended tax return 2018 / file amended tax return tax act / tax return due date / file amended tax return 2017

What is the earned income tax credit (EITC)? | Tax Policy ...

What is the earned income tax credit (EITC)?

Taxes and the Family

What is the earned income tax credit?

A.

The earned income tax credit subsidizes low-income working families. The credit equals a fixed percentage of earnings from the first dollar of earnings until the credit reaches its maximum. The maximum credit is paid until earnings reach a specified level, after which it declines with each...

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Date: 2018-04-05 08:03:00
Website: http://www.taxpolicycenter.org

Tax Foreclosure and Tax Sales - HCDNNJ

Tax foreclosure, particularly in municipalities where property values are low and many owners see no compelling reason to continue to pay taxes on vacant or substandard properties, is the means by which most abandoned properties fall into a municipality's hands.� This section first provides a short overview of the tax foreclosure process under New Jersey law, and then discusses specific...

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Website: http://www.hcdnnj.org

Convention Between Canada and France for the Avoidance of ...

Publications and Reports

Convention Between Canada and France for the Avoidance of Double Taxation and the Prevention of Fiscal Evasion with Respect to Taxes On Income and on Capital

CONVENTION BETWEEN CANADA AND FRANCE FOR THE AVOIDANCE OF DOUBLE TAXATION AND THE PREVENTION OF FISCAL EVASION WITH RESPECT TO TAXES ON INCOME AND ON CAPITAL

This consolidated version of the Canada-France Income Tax...

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Website: fin.gc.ca

Research Tax Credits - KPMG

Research Tax Credits

The Current State of the Research Tax Credit

The U.S. research tax credit was made permanent in 2015 and was not directly impacted by this year's U.S. tax reform.� However, the credit can now be even more advantageous due to the interplay with tax law changes for 2018 and beyond.

A discussion paper on this and other recent developments are included below.� KPMG has a...

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Date: 2018-04-05 21:05:43
Website: http://www.kpmg-institutes.com

Chapter 5743: CIGARETTE TAX - Ohio Laws and Rules

5743.071 Wholesale and retail dealers to maintain records.

Every person shall maintain complete and accurate records of all purchases and sales of cigarettes, and shall procure and retain all invoices, bills of lading, and other documents relating to the purchases and sales of cigarettes, except that no retail dealer shall be required to issue or maintain invoices relating to the...

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Website: http://codes.ohio.gov