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Income tax



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3Vote!

EDITORIAL: More support for a graduated income tax

There's a lot of talk in Michigan these days about taxes. Whether they're too high or too low, whether they're structured properly for the economy we have, whether they are a hindrance to or a nonissue for economic development.

3Vote!

Is income tax payable on gratuity?

Is income tax payable on gratuity? I want to know whether income tax is applicable for gratuity that i may get on superannuation.If any limit is there for tax excemption Dont know nuttin bout no superannuation but in the US gratuities earned by service or work are considered ordinary income and subject to federal income tax(assuming Uncle Sam knows about them.) 10) 18(i) any death-***-retirement gratuity...

3Vote!

Hawala scam: Koda seeks time from ED

Former Jharkhand Chief Minister Madhu Koda, who failed to appear before the Enforcement Directorate on Thursday, has sought time for his appearance, saying his documents are not ready. Koda, along with his associates, has been accused of being involved in a Rs 2000-crore hawala scam.According to one of his advocates, Koda has sought time as some of his documents, wanted by the ED, were either with...

+Vote!

Tax Increase for Afghanistan

Once again the only solution a Democrat can come up with is " tax the rich ": Carl Levin, chairman of the Senate Armed Services Committee, said higher-income Americans should be taxed to pay for additional troops sent to Afghanistan and that NATO should provide half of the new soldiers. An “additional income tax to the upper brackets, folks earning more than $200,000 or $250,000,”...

3Vote!

Treaty Taxation

Looking for International Tax Law Firms? Find International Tax Lawyers Attorneys? We are expertise in Income Tax Lawyer, Tax Litigation Lawyer. Our 1 Vote(s)

+Vote!

Induced Bankruptcies Costing Taxpayers Billions?

Independent financial analyst Diane Urquhart sent me her latest research report, Induced Bankruptcies Cost Canadian Taxpayers Billions of Dollars Federal Government Not Stopping the Abuses . Here are the key conclusions: The credit default swap (CDS) invention of 1997 and the trend of private equity funds making leveraged acquisitions of large public corporations over the past decade are causing a...

+Vote!

Selling Reform

If I can leap ahead a bit here, in anticipation of Harry Reid actually passing health care reform (something that is far from assured), the Democrats are going to have to defend their votes for this bill, while the Republicans will have to defend their votes against it. Because a lot of the provisions of this reform will not come to fruition until 2013 or 2014, the debate over this vote is going to...

+Vote!

South state recall drive fizzles

Assemblyman Anthony Adams, R-Hesperia, was targeted for recall by anti-tax forces. But they failed to gather enough valid signatures to qualify the effort for the ballot. An anti-tax recall movement against Assemblyman Anthony Adams, R-Hesperia, has failed to gather enough valid signatures to go to the ballot, the California secretary of state's office announced Friday. "I'm elated. I'm euphoric,"...

3Vote!

Tax-take from automobile industry surges in China

Tax-take from the automobile industry has surged in the first 10 months this year as auto production and sales were booming in the world's largest market. The State Administration of Taxation said Friday value added tax (VAT) paid by the transportation equipment manufacturing industry grew 28.8 percent to 88.6 billion yuan (13 billion U.S. dollars) during the period, and business income tax revenue...

3Vote!

Letter From Lansing: What I Want for Christmas

What do I want for Christmas? I’m thinking of making my list this year very short, in fact, only one item long. I want a graduated income tax for the state of Michigan, and Mike Bishop is the Grinch that will ruin my Christmas (minus the happy ending with all the Whos singing on the [...]

3Vote!

Strip club owner pleads guilty to tax evasion

A Connecticut man who owns several bars and strip clubs has pleaded guilty to failing to pay federal income taxes for more than a decade.

+Vote!

Gubernatorial forum live blog

The Netroots Minnesota gubernatorial forum is starting now: Watch live right now . Play-by-play after the fold. How will use new media in your campaign? Kelley - using wikinomics(sp?) Margaret Anderson-Kelliher (MAK) - I've been twittering for a while. You may have heard it about at the last legislative session. Entenza - All of it RT Rybak - Thanked his thousands of Facebook and twitter friends and...

10Vote!

Where Its All Coming From 2008-2009, Every Picture Tells A Story

If we cut government spending to what it was twelve years ago, you could scrap Income Tax (that temporary tax brought in to fight the French), switch National Insurance to a basic medical insurance that does not require mountains of bureaucrats and accountants to play with, and you have dealt with near 50% of public spending. Yet with all this they are still borrowing money like it is going out of...

3Vote!

Wesley Snipes appeals 3 tax convictions in Georgia

Actor Wesley Snipes is set to ask a federal appeals panel to overturn his three federal tax convictions. The actor was sentenced last year to three years in prison on three misdemeanor counts of willful failure to file his income tax returns. A judge allowed...

3Vote!

Afghan War Tax

House Financial Services Committee Chairman Barney Frank, House Appropriations Committee Chairman Dave Obey and Representative John Murtha want a War Tax tacked on to our income tax to pay for the Afghan war, starting in 2011. “Regardless of whether one favors the war or not, if it is to be fought, it ought to be [...]

The 3 latest articles published by users on Income tax :

3Vote!

French Social Charges and UK Pensions

Early retirees in France continue to benefit from an administrative loophole in the taxation of their pensions, but it may not last. As we have pointed out previously in this Newsletter, private sector early retirement pensions are subject to French social charges, but in practice most early retirees from the EU currently escape the full force of these charges. The ‘social charges’ is in fact a collective

3Vote!

New House Sales in France Rise

Sales of new properties in France grew by 29% in the second quarter of 2009, and there was also a modest rise in prices. According to figures released this month from the French government, developers sold nearly 28,000 new housing units in the second quarter of 2009, an increase of nearly a third over the same period in 2008. Most of this increase can be attributed to the upturn in the sale of apartments,

4Vote!

Will I Pay French Income Tax in 2009?

We have made a substantial update to our Guides page on the income thresholds for liability to French income tax in 2009. You can now see ‘at a glance’ the income levels at which you will be liable for French income tax this year (based on your 2008 income) by size of household, marital status, age, and nature of income - whether salary, pension or business income. A couple under 65 years of age on