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

What's CRA's Position on Family Gifts? | FBC, Canada's ...

Large gifts of money and property will get CRA's attention.

Follow these tips to limit the tax burden for giver and receiver.

Gifts of property among family members are common and can be very welcome for the recipient and satisfying for the giver.

Although Canada has no gift tax, in some cases a gift can trigger tax rules that could increase your income taxes and prevent a win-win situation for...

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Tax consolidation - Wikipedia

United States consolidated returns[ edit ]

United States federal income tax rules permit commonly controlled corporations to file a consolidated return. [1] The income tax and credits of the consolidated group are computed as if the group were a single taxpayer. Intercorporate dividends are eliminated. Once a group has elected to file a consolidated return, all members joining the group must...

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Date: 2018-04-03 05:22:37

Using PPR to Reduce Capital Gains Tax - Fylde Tax Accountants

First Published: November 2011 | Available in: Property Articles Property Investor News Your Property Network

By specialist property accountant Stephen Fay ACA

Many property investors have heard of 'Principal Private Residence' tax relief when selling a property-this is the relief that ensures that no capital gains tax is payable on the sale of a private home (residence). PPR is a key tax relief...

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Date: 2018-04-05 22:31:54

Washington State - Run Your Business

Consult your tax professional for further information. DOR cannot discuss confidential tax account information with a tax representative/preparer until you complete a Confidential Tax Information Authorization form.

3.�Local business taxes

Cities & towns

Most cities and towns have a local sales tax and a local business & occupation (B&O) tax. DOR collects sales tax for local communities, but...

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Date: 2017-09-18 18:33:14

Seattle Short Sales | Official Website

Learn How a Short Sale Can Help You Avoid Foreclosure, Get Rid of Your Mortgage, and Settle Your Debt Without Paying Any More Money to Your Lender, Ever.

Our short sale service has helped over 1,000 Washington State homeowners settle their debt, avoid foreclosure, and get a fresh start, with no out-of-pocket cost to you.

A short sale can transform your life. It can eliminate your high...

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Related topics : tax short sales / sales tax help / sales and use tax exemption form / sales and use tax exemption / state tax lien sales

Property, Residency and Law in Spain

The Laws regarding House/Property Purchase and Capital Gains etc are quite involved and have changed fairly recently. Ideally you need not only an Escritura but also a Nota Simple and a Referencia Catastral. I would advise that at the least you purchase a book which outlines Spanish Law. One such is entitled, "You & the Law in Spain" by David Searl. Costing about £19.95, it incorporates his...

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Date: 2010-08-12 22:44:52

Income Tax Transfer Pricing and Customs Valuation -

Organization, Applicable Legislation and Guidelines

7. Throughout this document, reference is made to the general names of income tax and customs. The administration of the income tax legislation is the responsibility of the CRA and the administration of the customs legislation is the responsibility of the Canada Border Services Agency (CBSA). For the purposes of this document, any references to...

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Input Tax Credit under GST | Utilisation, Eligibility ...

Input Tax Credit under GST is a credit which is available to supplier to set off the tax he has paid on purchase of goods from output tax on sale of such goods. Hence, the tax will levy on the value added which results in avoiding double taxation.

Input Tax in relation to a taxable person, means the tax charged on any supply of goods and/or services to him which are used in the course or...

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Related topics : input tax credits meaning / input tax credits / tax credits benefit / entitled to tax credits / claim tax credits

Bill Text - AB-398 California Global Warming Solutions Act ...

Date Published: 07/25/2017 09:00 PM


Assembly Bill No. 398


An act to amend, repeal, and add Sections 38501, 38562, and 38594 of, and to add and repeal Sections 38505.5, 38590.1, 38591.1, 38591.2, 38591.3, 38592.5, and 38592.6 of, the Health and Safety Code, to add Section 4213.05 to, to add Article 3 (commencing with Section 4229) to Chapter 1.5 of...

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An Overview of Opportunities (and Pitfalls) in the Federal ...

An Overview of Opportunities (and Pitfalls) in the Federal Historic Preservation Tax Credits Program

By Stephen J. Day

I. Introduction

Since 1976, the Federal Historic Preservation Tax Incentives program has quietly played a major role in real estate development involving historic landmark properties. The IRS Code, at Sections 38 and 47, includes provisions for the "historic rehabilitation...

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Can I give away my home to avoid inheritance tax ...

Can I give away my home to avoid inheritance tax?

In most cases the home makes up a large part of an estate for inheritance tax purposes, but you have to be careful if you try to give away your property to reduce the bill.



by Michelle McGagh on May 16, 2012 at 15:15

As house prices have shot up over the past decade, they have pushed many people's estates over the inheritance tax...

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Related topics : inheritance tax gift allowance / inheritance tax capital gains / capital gains tax home sale exemption / capital gains tax home sale / second home capital gains tax

Filing an Income Tax Extension - TurboTax Tax Tips & Videos

If you aren't able to complete your federal tax return by the April deadline, find out how and when to file for an IRS extension with these tips from TurboTax.

Need more time to file your 2017 tax return?

Before filing for an IRS tax extension, make sure it's right for you. Here are a few common reasons why you may need to push your deadline back:

o More time needed to track down missing tax...

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Tax Deductible Home Improvements for 2017 - File My Taxes ...

4.1 Related posts:

Improvements Vs Repairs

Funds you might spend on your house fall into 2 groups, tax wise: the expense of improvements versus the expense of repairs.

You include the expense of capital improvements to your tax basis of the property. Your tax basis is the sum of money you will subtract from the sales price to establish your profit. A capital improvement is anything that increases...

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Spain - Income Tax | KPMG | GLOBAL

Autonomous community tax rate table

Note: Each Autonomous Community has to approve its own scale of rates.�

Investment income and capital gains are taxed at a rate of 19 percent for amounts up to EUR 6,000, 21 percent for income in an amount between EUR 6,000 and EUR 50,000, and 23 percent for amounts exceeding EUR 50,000.


In general, non-resident taxpayers are taxed at the rate...

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Date: 2018-04-05 21:05:17