The FBO confirmed that company taxes, personal income tax mining and petroleum taxes all had significant increases over the 2023 budget line and GST also presented substantial growth over the 2022 estimate (and the supplementary budget estimate). The FBO papers attribute the increase in collections ...
Bill S.18, the Fair Tax Act of 2017, was introduced into Congress on January 3, 2017. The bill proposes imposing a national sales tax on the use or consumption of taxable property or services in the U.S. in place of personal and corporate income tax, employment and self-employment tax,...
Examples of properties that are not 1031 eligible include: stocks, bonds, personal residences, LLC interests or stock in trade or inventory. Relinquished property. The property that the exchangor owns at the beginning of the exchange. This is the property the exchangor wishes to dispose of in...