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INCOME TAX

An income tax is a tax levied on the financial income of people, corporations, or other legal entities. Each year the government makes many changes to the income tax code, leading to confusion. This topic will cover news on income tax, including how changes to the income tax regulations and tables will change the taxes paid by individuals and businesses.

Income Tax is part of Business Exchange, suggested by Frank Gonzalez. This topic contains 1,103 news and 127 blog items. Read updated news, blogs, and resources about Income Tax. Find user-submitted articles and reactions on Income Tax from like-minded professionals.

News

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The Canada Revenue Agency Revokes the Charitable Status of Living Wate...more

to revoke the charitable registration of Living Waters Ministry Trust, in accordance with subsection 168(1) of the...

US, Luxembourg Sign Income Tax Treaty Protocolmore

Ambassador to Luxembourg Ann Wagner and Luxembourg Finance Minister Luc Frieden signed a protocol. The protocol updates...

Tapping an IRA earlymore

your IRA, the same rules I described above apply, with one major addition: you'll not only owe income tax on the...

Iraq To Impose 35% Corporate Tax On Foreign Oil Cos - Governmentmore

revenues, government spokesman Ali al-Dabbagh said Wednesday. 'The Council of Ministers decided to approve the draft...

Canadian arrested in London on 1994 warrantmore

B.C., to London, England, to arrest a man who police say has been on the lam from income tax charges for 15 years.

Budget Crisis in California Could Claim Landmarksmore

director of finance, Michael C. Genest, outlined the downturn in state revenue, including the first decrease in...

4 charged with 144 felonies in workers' comp casemore

conspiracy, perjury, grand theft, forgery, identity theft, and making false statements to discourage workers from...

Tax rebates for second homes abroadmore

five years. If this is the case, the owner may now be able to offset their losses against income tax they have already...

Fitch Rates Calvert County, Maryland's $18.5MM GOs 'AA+'; Outlook Stab...more

flexibility provided through pay-as-you-go capital funding, above-average retirement of principal, and the county's low...

Taiwan Tax Reform Panel Recommends Tonnage Tax;Shipping Indusmore

legislature Friday approved a lowering of the corporate tax rate and a cut in the three lowest personal income tax...

Rich People \'Will Move Away Due to Tax Change\'Steeper income tax rat...more

Steeper income tax rates could lead to more people moving away, according to one currency specialist. The Budget could...

Supreme Court upholds income tax deductions for child caremore

s appeal to overturn the Tel Aviv District Court's decision, according to which working women who pay income tax will...

What's been done for the economymore

cuts to be made permanent for everyone except high-income households, on which he wants to raise the top income tax...

The Pittsburgh Tea Party more

Yeah, we drink tea in Pittsburgh. But really, Pittsburgh is more of a shot-and-a-beer kind of town. What else would...

Why Tea Won’t Work This Time more

leadimage Not only was this populist tea fest diffuse, it was also as much a same-old “pay no attention to the man...

New tax rules threaten company pension plansmore

were “formidable practical difficulties” in applying pension tax relief at a rate that differed from the individual’s...

" Dire straits for state budgetsmore

has taken a harsh toll on the states. As unemployment soars and people cut back on spending, state income tax and sales...

Tax Day Tea Parties, Unitemore

“We were merry, in an undertone, at the idea of making so large a cup of tea for the fishes but we used not more words...

The 10 richest towns in the UK... and the 10 poorestmore

have a job, is currently £24,292 - with £4,333 of that going to the taxman in income tax. The ten highest - and lowest...

UBS client faces jail over tax evasionmore

Robert Moran, the president of Florida Yacht broker Moran Yacht & Ship, pleaded guilty to filing a false income tax...

Are Social Security taxes regressive?more

you pay after all your deductions. They even found the bottom two quintiles face a negative individual effective income...

Tax day: Advice for 10 million late filersmore

If you're among the 10 million people expected to miss the April 15 tax deadline, don't fret, there's still time to...

Income tax talk is a sure sign of recessionmore

This must really be a bad recession we’re in. Why else would talk of a state income tax be gaining so much attention?...

IIPM facing investigation for alleged tax evasionmore

NEW DELHI: Business school Indian Institute of Planning and Management is facing investigations for alleged income tax...

Canada Revenue Agency: Personal Income Tax Changes Mean More Money for...more

$9,600 in 2008 to $10,320 in 2009, allowing Canadians to earn more income before paying federal income tax.

Top Sources: Income Tax

  • Times of India
  • Morningstar.com
  • erollover.com
  • San Jose Mercury News
  • New York Times
  • whiskeyandgunpowder.com
  • money.cnn.com
  • Economictimes
  • 247gamereviews.com
  • Financial Times

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