The article reports on an income tax case involving loss claim in Great Britain. The taxpayer company owned some shares by Silexine Paints Ltd. Silexine has incurred losses but has not obtained relief under the Income Tax Act 1952. Ratin Co. Ltd. purchased shares of the taxpayer. The taxpay...
Filing a Claim for Refund of Overpaid TaxFlynn, Kevin M.CPA Journal
Suppose you drive 20,000 km in a tax year, with 10,000 km associated with work responsibilities. This means you can deduct 50% of the overall vehicle costs on your income returns. A dedicated work car, on the other hand, is 100% deductible on your returns. If you own a fleet of ...
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Eliminate the jobs of all tax diversion lawyers, accountants and the IRS by going to the Fair Tax, so they would be “FREE” to do productive work. Eliminate probably more than 50% of the remaining lawyers and many court personnel by requiring looser pays on all civil suits, with the pro...
“A ‘tyre tax’ will need to be imposed on electric cars to combat poor air quality in cities, the (UK) Government’s top clear air adviser has claimed. Particles from tyre wear are more dangerous to public health than diesel exhaust fumes, Professor Alastair Lewis The chairman of the ...
Focuses on the US Supreme Court's decision on the Montana v. Crow case. Dispute over the coal severance tax collected by Montana; Justices' ruling that the Crow tribe is not entitled ...