The spreading hegemony of the flat tax
Globe and Mail - Canada
It will cut its corporate income tax rate (to 19 per cent from 25 per cent) on Jan. 1, 2010. The country's precariously balanced 200-member lower house of ...
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New Milford man sentenced for federal tax evasion
Danbury News Times - Danbury,CT,USA
Court documents show Arciola signed and filed a false 2000 US Individual Income Tax Return to the federal government. Arciola's 2000 return claimed a ...
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Yankees' employee pleads guilty
Connecticut Post - Bridgeport,CT,USA
He said he failed to report that extra money on his federal income tax returns. Rubino said if the case went to trial he would call as witnesses current and ...
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Billion-dollar tax increase looming for Tennesseans
Nashville City Paper - Nashville,TN,USA
But the deductibility of state and local sales tax on federal income tax forms expires this year...unless the Democratic Party-controlled Congress does ...
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Presidential Candidates on the Issues
The Associated Press -
___ REPUBLICANS: _Giuliani: Income tax deduction of $7500 per taxpayer to defray insurance costs. Tax credit for poorer workers to supplement Medicaid and ...
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Ex-Treasury Secretary Calls For Tax Cut, Spending Plan
Wall Street Journal - USA
Even a mild recession, he said, would cost the average family of four between $4000 and $5000 in lost income each year, while driving up the annual ...
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Reid Vows Another Vote on AMT Patch
Motley Fool - USA
Extra taxes imposed by the AMT, compared with the regular income tax, average around $2000 a year, according to Congress's tax-writing committees.
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The PMI Group, Inc. Applauds Congressional Action to Extend Tax ...
CNNMoney.com - USA
The United States Congress made the cost of mortgage insurance tax deductible for the first time in December of 2006 for transactions closed in 2007. ...
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Minister gets prison in tax case
Montgomery Advertiser - Montgomery,AL,USA
BIRMINGHAM -- A federal judge sentenced a prominent Birmingham pastor to 21 months in prison Tuesday for filing false income tax returns, despite defense ...
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United States: California Requires Special Earned Income Tax ...
Mondaq News Alerts (subscription) - London,UK
EITC/EIC is a federal tax credit that can reduce certain low income taxpayers' federal taxes and may result in a refund of federal taxes. ...
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NZ Lowers Cash Deficit Forecast, to Cut Income Tax (Update1)
Bloomberg - USA
Finance Minister Michael Cullen said the government will have money to spend on personal income tax cuts as well as an allowance of NZ$1.8 billion for more ...
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Energy Savings Income Fund Announces Special Distribution of $0.38 ...
Earthtimes - London,UK
Non-resident holders of the units will be subject to applicable Canadian withholding tax on the whole $0.38 special distribution. For taxable United States ...
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Get your tax forms in order ahead of time
Salem Statesman Journal - Salem,OR,USA
Corporations not doing or authorized to do business, but having income from an Oregon source, pay income tax and file Form 20-I with a copy of their federal ...
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Kathleen Pender: Tips to help you end the year with savings
San Francisco Chronicle - CA, USA
If you are in the 33 percent federal tax bracket, reducing your ordinary income by $3000 saves you almost $1000 in federal income tax plus additional ...
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GOP eyes $88M tax cut
Salt Lake Tribune - United States
One new proposal that emerged from a daylong closed-door meeting was a $15 million income tax cut allowing people to claim a deduction for health-insurance ...
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Schools weigh earned income tax
Cincinnati Enquirer - Cincinnati,OH,USA
"I do think that allowing the public the opportunity to vote on this will show us whether or not they support an income tax. ... I think we need to move ...
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Columnist Neil Downing: Tax rate based on length of assets ...
Providence Journal - Providence,RI,USA
•When you inherit an asset, you typically get a "step up" in basis for federal and Rhode Island income-tax purposes. So in calculating your taxable gain in ...
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Capital gains tax payable in India
Business Standard - Mumbai,Maharashtra,India
He entered into an agreement with a USA-based company, to transfer his aforesaid shares to the US company in a phased manner. The share transfer agreement ...
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US War on Poverty Ignores One Group of Victims: Kevin Hassett
Bloomberg - USA
We have adopted and expanded an earned income tax credit, which is quite generous to poor individuals with young children. We have expanded the access that ...
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Indian Bonds May Decline as Tax Payments Reduce Cash at Banks
Bloomberg - USA
India may not cut income tax rates because of low tax compliance, the Business Standard newspaper reported, citing an unidentified official. ...
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Tax Service Raking in the Dough
Kommersant - Moscow,Russia
YUKOS accounted for 17 percent of income to the federal budget in the first 11 months of the year. The 35.8 percent rise in personal income tax receipts on ...
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Swan says spending cuts to start at government level
Melbourne Herald Sun - Australia
... a post box between the prosperity being fed us by China and the punters it handed it all over to in personal income tax cuts and more and more spending. ...
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'Tis the season for charitable giving
Baltimore Sun - United States
The amount eligible for a tax deduction is capped at 50 percent of the donor's adjusted gross income per year if the gift is in cash, and 30 percent if it ...
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