Tax

Business election wish list targets tax

SUPPLIED Business NZ chief executive Kirk Hope. Gyms, cafes and cinemas owned by local councils could be closed if a new business wish list for the September election is successful. The list – released on Monday in the Business New Zealand election manifesto – outlines seven priorities business wants the next government to act on. The business lobby group did ...

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GOP to begin vigorous sales-job on tax reform

Republicans will be vigorously selling tax reform over the August recess, following the release of shared tax-reform principles and the Senate’s failure to pass even a scaled-down ObamaCare repeal bill. Now that GOP leaders and the White House have announced a consensus on goals for tax reform, they are hoping to get voters excited about forthcoming legislation. And they’ll have ...

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No extension in deadline for ITR filing: Income Tax dept

The income tax department has already received over 2 crore ITRs via e-filing. Photo: iStock New Delhi: The last date for filing of income tax returns (ITRs) for the financial year 2016-17 will not be extended beyond Monday’s deadline, a top official today said. “The last date for filing of ITRs remains 31 July. There are no plans to extend ...

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Revenue Secretary Adhia Uses Social Media to Dispel Tax Rumours

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A&M professor: ‘No simple solutions’ to property tax bills | Local News

A Texas A&M University clinical professor at the Mays Business School said state legislators have analyzed every possible pro and con in their search to rein in soaring property tax bills during the special legislative session, and he doesn’t “see anything that’s been left unsaid.” “They’ve got some difficult problems on their hands in regards to tax policy, and I ...

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Landlords, heirs, renters hit hard by property tax assessments

To grasp the impact of Muscogee County’s recent countywide property tax reassessment, just consider the case of Jason Hilton. As the owner of rental properties throughout east and south Columbus, the local businessman saw significant increases in his assessments this year, mostly in Beallwood where the county’s appraisals of his shotgun houses jumped from $20,000 to $220,000, he said. His ...

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Albemarle supervisors to tackle several tax proposals | Local

The Albemarle County Board of Supervisors will hold two public hearings on Wednesday on proposed changes to the county’s tax codes, including raising the threshold for requiring business license fees and whether all-terrain vehicles and off-road motorcycles should be exempt from personal property taxation. One of the proposed changes would exempt business owners who generate less than $25,000 in gross ...

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Jim Flynn: Not easy to determine when sales tax owed

Once upon a time, not too long ago, buying goods from an out-of-state seller had a built-in benefit – the seller didn’t collect sales tax (now 8.25 percent if you live in Colorado Springs). But states, realizing they were losing millions of dollars in revenue, began taking steps to require out-of-state sellers to collect sales tax. This generated a tsunami ...

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German ministry rejects calls for modern diesel tax incentives, Europe News & Top Stories

BERLIN (REUTERS) – The German environment ministry has rejected calls from two of the country’s states for tax incentives to promote the sale of low-emission modern diesels and electric cars. Representatives of Germany’s federal government, states and major automakers will meet on Wednesday (July 26) to discuss ways to avert driving bans on diesel cars which have drawn public attention ...

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