tax-free revenue/zero-rated revenue[still taxable,but tax at the rate of 0%]前者是对activity不征税（例子：慈善义卖，金融服务）；后者是对activity征税，但是0税率（例子：出口货）
local governmentnon-tax revenuedivided tax systemIn the fiscal revenue system of governments, the tax revenue should occupy the absolute dominant position. But since the reform of divided tax system, the proportions of non-tax revenue of local governments show an obvious growing tendency. The ...
Refundable and nonrefundable tax credits are both directly subtracted from the amount of taxes that a taxpayer owes. Tax deductions, on the other hand, are subtracted from the taxpayer’s taxable income. Tax credits generally result in bigger savings, especially for lower-income filers. Key Takea...
The Internal Revenue Service (IRS) is sympathetic toward those who lend money—expecting repayment—but subsequently get burned. You can write off bad debts when this happens, even if you're not a business, but it's important to know the rules that apply....
Guide to head of household Rules for claiming dependents File taxes with no income About form 1099-NEC Amended tax return Capital gains tax rate File back taxes Find your AGI Unemployment benefits and taxes Investment tax tips Child tax credit ...
allowance plan, non-accountable plans differ fromaccountable plansin that the latter requires employees to provide adequate accounting to receive reimbursement. Since money received by employees under an accountable plan is for reimbursement of money spent on business-related expenses it is not taxable....
, capital gains tax will not be applicable on mining because we consider the mining as the supply of service and on supply of service we don’t have to pay any tax. But the reward and transaction fees from this mining are taxable and this would be considered asincome from other sour...
“program service revenue” “nonprofit status” “board members” “government grants” “annual revenue” “private interest” “foundation grants” “financial reports” “net earnings.” These nonprofit organizations serve a wide range of functions. Through fund-raising events, volunteers, and ...
On top of this the capital may not be originate from domestic sources.If the individual with Non Dom status disregards these regulations, any capital related to the breach will be subject to the regular income tax of the respective country, regardless of the Non Dom status. ...
Take a lump-sum distribution. Unlike a life insurance policy where death proceeds are non-taxable, IRA distributions are taxable to the beneficiary.4 Roll over inherited funds into your personal, like-kind IRA. For instance, if you inherit proceeds from your late spouse's traditional IRA, you...