Income Tax Act

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Equally important, the act dramatically changes the Kansas tax system, shifting the income tax burden from the wealthy and prosperous to working people. The act provides that all income of business owners is tax-free (except in the unusual case ...
May 27, 2012 at 16:30 | Source: LJWORLD
But there's a serious political risk in House Bill 1776, nicknamed the "Property Tax Independence Act," sponsored by Rep. Jim Cox, R-Berks. Many of his colleagues worry about the higher state income tax and state sales tax that the bill calls for.
May 26, 2012 at 23:55 | Source: Pittsburgh Post-Gazette
In terms of the CFC rules contained in section 9D of the Income Tax Act (" the Act") where more than 50% of the shares in a foreign company are held by South African residents that company qualifies as a CFC. For South African tax purposes an amount equal ...
May 28, 2012 at 19:56 | Source: Mondaq
In terms of the 2012 Draft Taxation Laws Amendment Bill, which was made available for comment on 13 March 2012, the long-awaited proposed amendments to sections 8E and 8EA of the Income Tax Act were published. Both these sections will come into operation ...
May 28, 2012 at 19:56 | Source: Mondaq
and companies exempt under Section 12 of the Income Tax Act. The reduction to 25 per cent was not "where the PSWG would have wanted it to go as a mechanism to replace incentives. But at this point, the incentives are being looked at. In fact ...
May 27, 2012 at 07:54 | Source: Jamaica Gleaner
Hasina said the government had taken the measures to make income tax and VAT act time-befitting. It had also constructed a modern building for the revenue department in the capital apart from expanding the income tax and VAT departments. Despite the global ...
May 26, 2012 at 17:21 | Source: The Daily Star
The Senate now must act to advance it from the Senate General Conference ... However, Senate Republicans gathered Wednesday to demand a vote on an income tax cut agreement previously reached between Gov. Mary Fallin, Speaker Kris Steele and ...
May 24, 2012 at 13:13 | Source: Daily Ardmoreite
They were probed and charged for offences under the Customs Act 1967, Income Tax Act 1967 and the Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (Amlatfa). Also on the task force are the Inland Revenue Board (IRB), Customs, Malaysian Anti ...
May 25, 2012 at 02:06 | Source: star.com.my
May 27, 2012: The Finance Minister, Mr Pranab Mukherjee, has proposed an amendment in Sections 90 and 90A of the Income tax Act, 1961, in this year's Budget which requires every non-resident to produce a tax residency certificate. The amendment is ...
May 27, 2012 at 14:57 | Source: Hindu Business Line
RMR Real Estate Income Fund (NYSE Amex ... or any notice delivered in compliance with Section 19 of the Investment Company Act of 1940 in preparing their tax returns. Shareholders will receive a Form 1099-DIV for the calendar year indicating ...
May 23, 2012 at 19:55 | Source: Yahoo Finance