If Ben, (resident in England), only had taxable salary of £20,000 then he would have no further tax to pay. This is because the £10,000 estate income would be within his available basic rate band and £2,000 basic rate tax has already been paid. Ho...
Tax exemption sought on road safety investmentIANS
The exemption is effective from January 1, 2017, meaning taxes paid this year will be refunded. Foreign companies must meet a string of conditions to be eligible for the exemption, including direct investment into sectors encouraged by the Chinese government, and investment returns must be transferr...
BEIJING, Dec. 28 (Xinhua) -- China's Ministry of Finance (MOF) said Thursday it will exempt foreign companies from paying provisional withholding income tax on profits they re-invest in the country. The news comes as the Chinese government is moving to attract foreign investors after a host ...
Tax exemption: ELSS, which is a specific class of funds, are exempt from taxation under section 80C of Income Tax Act 1961 for a limit of INR 1.5 lakhs. Choice of Investment: Depending upon your financial goals, you can choose to invest in the appropriate category of mutual funds available...
Tom Bicknell of Pinsent Masons said: “Although heralded for some time, the explicit exemption of investment funds from the UAE’s new corporate tax regime will still come as a welcome relief. Important questions remain, however, over qualifying jurisdictions and the number of interests that mus...
athe exemption period of the income tax for industry zone has been fully discussed and agreed that it shall be decided by the board of investment upon application by eastern industry zone. the board of investment would consider this request positively within the frame work of the investment policy...
At present, a total of 1200 enterprises are applying for the offer. It is expected that 5000 enterprises will apply in the future. MIDA is also studying the expansion of the tax exemption to the raw materials industry. < /p >
At present, a total of 1200 enterprises are applying for the offer. It is expected that 5000 enterprises will apply in the future. MIDA is also studying the expansion of the tax exemption to the raw materials industry.
sell your primary residence with the $250,000 per person tax-free deduction and move into the vacation home and declare it your new primary residence, you will be able to use the $250,000 ($500,000 for couples)exemptionagain—providing you live at the former vacation home for two years....