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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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

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



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

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

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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How capital gains tax strategies change under the new tax ...


For most Canadians, the new requirement to report the sale of a principal residence will be nothing more than a compliance exercise--but one shadowed by the threat of unrestricted audits and sizeable penalties. To help you negotiate through the new reporting rules, please see the 8 questions you have about principal residence tax rules . But for families with more than one property as well...

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Sec. 33.01. PENALTIES AND INTEREST. (a) A delinquent tax incurs a penalty of six percent of the amount of the tax for the first calendar month it is delinquent plus one percent for each additional month or portion of a month the tax remains unpaid prior to July 1 of the...

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Date: 2018-02-06 06:05:59

Benefits of SMSFs come with a compliance price-tag - Central

In a recent speech to the to the 2018 SMSF Association National Conference, the ATO's Superannuation Deputy Commissioner, Mr James O'Halloran, noted the size and significance of the SMSF sector, consisting of "some 597,000 SMSFs having total assets worth $697 million, or 30% of the $2.3 trillion in total super assets." The size of the sector and the high level of regulation applying to it mean...

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Related topics : tax return due date / income tax return date extended / income tax return date 2016 / income tax return date / income tax return due

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

tax lien sale - Montgomery County, Maryland


June 12, 2017


The Montgomery County tax sale program enables the County to collect all unpaid and delinquent property taxes as required by statute. Legal references for this program are provided in the Tax Property Article of the Annotated Code of Maryland, 2012 Replacement Volume, as amended. All unpaid taxes on real property constitute a...

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Tax and Budget Bills Include Tax Qualified Retirement Plan ...

U.S. Tax and Employee Benefits Alert

Tax and Budget Bills Include Tax Qualified Retirement Plan Provisions

by Michael A. Hart

22 February 2018

The tax bill enacted late last year (Public Law No. 115-97) and the budget bill enacted earlier this month (the Bipartisan Budget Act of 2018) included a handful of changes to the rules applicable to tax-qualified retirement plan distributions. Generally,...

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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

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

TaxAlmanac - A free online tax research resource and ...

Important Service Announcement: Based on user feedback we are not shutting down the website however the site is now an archived version as of June 2014. While all of the existing discussion threads and commentary will be preserved you will no longer be able to edit content, post to forums or create additional logins.

Complex Trusts

From TaxAlmanac, A Free Online Resource for Tax...

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Date: 2014-07-15 15:20:28

Chapter 5747: INCOME TAX - Lawriter - ORC - Ohio Laws and ...

5747.01 Income tax definitions.

Except as otherwise expressly provided or clearly appearing from the context, any term used in this chapter that is not otherwise defined in this section has the same meaning as when used in a comparable context in the laws of the United States relating to federal income taxes or if not used in a comparable context in those laws, has the same...

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Estimated Tax Payments -

For instance, the annualized factor for the 3rd period would be 1.5 = 12 / 8 because the 3rd estimated tax period ends on August 31 so that the estimated tax payment can be made by September 15. If a taxpayer earned $20,000 up to August 31, then the annualized income would be = $20,000 × 12/8 = $20,000 × 1.5 = $30,000. Because the 2nd estimated tax period ends on May 31, the applicable...

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Date: 2018-03-16 19:40:39

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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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

Employers' Guide – Taxable Benefits and Allowances -

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


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


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

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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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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2008 Capital Gains Tax - Sean Paul Kelley

How much Capital Gains Tax Will I need to pay?

We Answered:

I assume this was a rental property for seven years. You report the rental income and expenses each year you own the property. You also depreciate the property each year. If you have not done this, amend your returns for each year you owned the property. You may or may not owe additional tax for the prior years.

In 2008, report only...

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Guide to Motor Vehicle Sales and Use Tax |

Sales to an exempt organization

Transfers to or from a business entity

Transfers to a disabled person

Family transfers

As long as the transferor paid any Massachusetts sales or use tax before,  casually selling or transferring a motor vehicle or trailer to a:


Child, or


Is exempt from the tax. A vehicle owned jointly by a married couple may be treated as owned by either.



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Date: 2018-04-05 21:41:43

Economic Recovery Tax Act of 1981 - Wikipedia

Economic Recovery Tax Act of 1981

From Wikipedia, the free encyclopedia

Economic Recovery Tax Act of 1981

Long title

An act to amend the Internal Revenue Code of 1954 to encourage economic growth through reduction of the tax rates for individual taxpayers, acceleration of the capital cost recovery of investment in plant, equipment, and real property, and incentives for savings, and for other...

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Date: 2018-04-04 18:47:25


Income, Inheritance and Estate Taxes


§ 1901 Definitions.

As used in this chapter:

(1) "Administration services" means, in each case with respect to intangible investments (as such term is defined in § 1902(b)(8) of this title):

a. Clerical;

g. Regulatory compliance, operations and related services;

h. Risk analytics; and

i. Trade processing, clearing and...

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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

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

Chapter 1, Sales and Use Tax

012.01 Certain transactions are exempt from sales and use taxes. Transactions may be exempt because of:

012.01A The seller (entity-based exemption);

012.01B The item sold (product-based exemption);

012.01C The buyer (entity-based exemption);

012.01D The buyer's intended use of the item (use-based exemption); or

012.01E A combination of two or more of these characteristics.

012.02 There is no...

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Date: 2017-08-07 18:47:07

The Simple Fix to the Problem of How to Tax Multinational ...


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How much money is "trapped" overseas?

It has been widely reported that U.S....

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