Taxation The income tax in Peru is collected by the Superintendencia Nacional de Administraci n Tributaria , best known as SUNAT . This country uses a system of progressive income tax progressive taxation on personal income, and a flat rate tax on business income. External links http www.sunat.gob.pe Superintendencia Nacional de Administraci n Tributaria SUNAT Peru s government agency involved in taxation issues mainly about Income tax, Added Value Tax and collecting Social Security funds. tax stub Category Taxation in Peru ... more details
Tax resistance Taxation as slavery is the belief that taxation results in an unfree society in which individuals are forced to work to enrich the government and the recipients of largesse, rather than for their own benefit. Gail Buckley notes, for instance, In British eyes, the American colonies existed only for the benefit of the mother country, but Americans saw any form of taxation as slavery. ref http www.nytimes.com books first b buckley 01patriots.html ref Anarchist s are some of the foremost proponents of the argument that taxation is equivalent to slavery. The International Society for Individual Liberty has made this claim, ref http www.isil.org resources lit end tax slavery.html ref as has Bureaucrash , ref http www.bureaucrash.com Tax Slavery Sucks ref which refers to Social Security United States Social Security as social slavery. ref http www.bureaucrash.com Social Slavery ref George Mason University professor Thomas Rustici uses two hypothetical anecdotes to illustrate this point. In the first, Sam Slime mugs a person for 50. In the second, Sam Slime votes for a politician who taxes a person in order to redistribute 50 to the disadvantaged Slime. Both examples involve the use of force. However, the second scenario is arguably worse, since through the state, Slime is now empowered to repeatedly take others money, thus putting them in a condition of slavery. ref http mason.gmu.edu trustici ECON309 Economics 20309.pdf ref A similar argument was made by Doug Casey. ref http www.worldnetdaily.com index.php?pageId 15336 ref These scenarios are also often used to claim that taxation is theft . Leo Tolstoy hypothesized that taxation slavery was one of three stages of slavery, the other two being personal slavery and land slavery. ref http www.cooperativeindividualism.org ... also Taxation in the United States Tax protester history Taxation Morality Morality of Taxation Edward and Elaine Brown DEFAULTSORT Taxation As Slavery Category Anarcho capitalism Category Slavery Category ... more details
In the former Soviet Union , self taxation lang ru , samooblozhenie was a form of collecting various resources money, food, etc. in rural area s for local needs. Described as voluntary, it was established at a common meeting of the residents of an administrative unit settlement or selsoviet . The common annual rate was set over the unit, with the rate for independent farmers had to be at least 25 higher than for kolkhoz niks, sovkhoz niks, and factory and state workers. ref http bse.sci lib.com article099234.html Samooblozhenie ref References reflist Category Taxation in the Soviet Union ... more details
unreferenced date March 2010 TaxationTaxation in Japan is based primarily upon a national nihongo income tax and a nihongo residential tax based upon one s area of residence. Taxes are administered by the National Tax Agency . History Empty section date March 2010 Issues In Japan , Wall of 1.03 million yen and 1.30 million yen 103 130 is a controversial social phenomenon among Japanese homemaker housewives due to the government s taxation policy. Homemakers who have an income in excess of 1.03 million yen cannot take the nihongo marital deduction , while those who exceed the income of 1.30 million yen cannot take the nihongo special marital deduction . Economy of Japan DEFAULTSORT Taxation In Japan Category Taxation in Japan Tax stub ... more details
Partnership taxation is the concept of taxing a Partnership partnership business entity . Many jurisdictions regulate partnerships and the taxation thereof differently. Common Law Many common law jurisdictions apply a concept called flow through taxation to partnerships. Partnerships are a flow through entity where the taxes are assessed at the entity level but which are applied to the partners of the partnership. USA Main Partnership taxation USA Partnership taxation is codified as Subchapter K of Chapter 1 of the Internal Revenue Code U.S. Internal Revenue Code Title 26 of the United States Code . Partnership s are flow through entities for United States federal income tax income taxation purposes. Flow through taxation means that the entity does not pay taxes on its income. Instead, the owners of the entity pay tax on their distributive share of the entity s taxable income, even if no funds are distributed by the partnership to the owners. Federal tax law permits the owners of the entity to agree how the income of the entity will be allocated among them, but requires that this allocation reflect the economic reality of their business arrangement, as tested under complicated rules. United Kingdom In general, a partnership is treated under Section 111 Income and Corporation Taxes Act 1988 and Section 848 Income Tax Trading and Other Income Act 2005 as not having a separate and distinct legal personality from its members. As a result, partners are assessed to either UK corporation tax or UK income tax on their share of the profits and losses of the partnership, and any distribution by the partnership to its members is disregarded for tax purposes. Following the case of Memec plc v CIR 70 TC 77 , Her Majesty s Revenue and Customs has issued guidance ref http www.hmrc.gov.uk manuals intmanual INTM180030.htm List of Classifications of Foreign Entities for UK tax purposes .... Hong Kong Main Partnership taxation Hong Kong Partnership taxation in Hong Kong is the taxation ... more details
Multiple issues POV September 2010 criticisms November 2010 Tax resistance Taxation the exaction of money ... between taxation and theft, or is it merely the result of the fact that the government that makes and enforces the law is also the beneficiary of taxation? Political philosophers and more down to earth political subjects have wondered if taxation is a variety of theft or whether there is something that distinguishes taxation from theft and if so what these distinguishing features are. This page describes some of the answers people have proposed to this conundrum. Taxation is a Duty In the Christian influenced West, defenders of taxation have been able to turn to Epistle to the Romans Romans ..., then revenue if respect, then respect if honor, then honor. blockquote Taxation is a Debt Some who date November 2010 defenders of taxation have compared it to a debt. You may not voluntarily or willingly ... of taxation, is legitimate, taxation is distinguished from theft because the property at issue .... Taxation is an Outgrowth of the Government s Institution of Property Rights If you believe that property ... Taxation is Part of a Contract Main Social contract Social contract philosophers argue that all men .... Taxation is then justified as a part of this contract, even though the person may never ... 1, No.3 1977 pg 185 194 ref Critics of the social contract justification for taxation think that it only ..., non voluntary contract has the power to justify what otherwise would be theft. Taxation is Theft ... by violence from the people. Murray Rothbard argued in The Ethics of Liberty that since taxation ... often used by anarcho capitalists as a moral argument to show that taxation is theft. ref http www.impel.com ... morality of taxation. Compulsory Taxation Rothbard explores the differences between a thief and the state in his essay, The Myth of Neutral Taxation . The essay explains how taxation is both aggressive and forceful by nature. It shows that Neutral Taxation is an oxymoron. Rothbard opens the essay ... more details
Taxation in the Philippines is controlled by the Bureau of Internal Revenue Philippines . Taxes in the Philippines range from 5 to 35 ref Encyclopedia of Nations Philippines Taxation ref Exceptions 20,000 Pesos 400 for individuals ref Encyclopedia of Nations Philippines Taxation ref 30,000 Pesos 640 for married couples ref Encyclopedia of Nations Philippines Taxation ref Exceptions for Small and Medium Enterprises with income of less than 100,000 Pesos Cedula Cedula is a community tax that is paid annually at the Barangay Hall. It is often rated at 5 of income. Value Added Taxes VAT In the Philippines, the rate of VAT is at 12 . With some additional VAT ref Encyclopedia of Nations Philippines Taxation ref Cockpits and Cabarets 18 Jai Jalai and racetracks 30 And with some exceptions ref Encyclopedia of Nations Philippines Taxation ref Small Businesses 10 Not VAT registered businesses 3 5 Excise Taxes Alcoholic beverages, tobacco products, jewelry, petroleum products, mining and petroleum taxes, residence taxes, a head tax on immigrants above a certain age and staying beyond a certain period, document stamp taxes, donor gift taxes, estate taxes, and capital gains taxes. A document stamp tax is charged on stock certificates, proofs of indebtedness, proofs of ownership, etc, and normally amount to .75 to 1 of the par or face value of the certificate are imposed with excise taxes. ref Encyclopedia of Nations Philippines Taxation ref Notes Reflist Category Philippines ... more details
Taxation of costs , now known as Detailed Assessment in English law following the Civil Procedure Act 1998, is a ministerial function performed by a court upon the resolution of case. It involves entering the various costs and their amounts against the party either the Claimant or Defendant against whom those costs have been awarded by the court. The itemisation of costs or the subsequent determination of the costs that should be allowed is not a determination of the outcome of the litigation . In early common law costs were unknown, but as early as 1278 an English statute was passed whereby costs could be awarded to the prevailing party Brown v. Consolidated Fisheries Co., 18 F.R.D. 433 . Such costs can include items such as witness fees, mileage and subsistence, marshal s fees, Attorney s fees attorney s and other docket fees, and a Court reporter reporter s charge for Transcript law transcript . External links http www.courts.ie Courts.ie library3.nsf WebFiles 93BF3339EAF73382802571C5003BE1C6 FILE Taxation 20of 20Costs 202006 20 20english.pdf Taxation of Costs information booklet http www.bstone.com.au MessageForceWebsite Sites 170 Files TaxationofCosts.pdf Taxation of Costs law term stub Category Civil procedure Category Legal costs ... more details
Taxation Refimprove date May 2010 Double taxation is the imposition of two or more tax es on the same ... transaction in the case of sales taxes . It refers to two distinct situations taxation by two or more ... States inheritance , and Gift tax gifts . International double taxation agreements Note to US ... in which the gain was made. Since this is inequitable, many nations make bilateral double taxation ... the gain arises deducts taxation at source withholding tax and the taxpayer receives a compensating ... aspect of the agreement is that the two taxation authorities exchange information about such declarations ... date April 2007 European Union savings taxation Main European Union withholding tax In the European ... June 2003 on taxation of savings income in the form of interest payments ref This means that they will each ... exemption from withholding tax local taxation on grounds of not being a resident of the state ... offer each non resident account holder the choice of taxation arrangements either a disclosure ... countries. The main purpose of these treaties is the avoidance of double taxation on income earned ... ref German taxation avoidance If a foreign citizen is in Germany for less than a relevant 183 day ... to be exempt from German tax whilst still paying the UK tax . Double taxation avoidance agreement signed by India India has comprehensive Double Taxation Avoidance Agreements DTAA with 65 countries .... However, there are some measures designed to reduce the international double taxation that results ... described in the preceding paragraph i.e. no double dipping . ref name us54 Double taxation within the United States Double taxation can also happen within a single country. This typically happens when subnational jurisdictions have taxation powers, and jurisdictions have competing claims. In the United ... laws prohibiting multiple taxation, and as long as the total of taxes does not exceed 100 of the value of the tangible personal property, the courts will allow such multiple taxation. Citation ... more details
taxationTaxation in Sweden may involve payments to three different levels of government the municipalities of Sweden municipality , the County Councils of Sweden county council , and the government of Sweden central government . The payments are collected by the Swedish Tax Agency Skatteverket . In addition the Swedish Tax Agency collects a church tax from members of the Church of Sweden . The tax rate s in Sweden are commonly cited as among the highest in the world. Sweden has a taxation system that combines a direct tax paid by the employee with an indirect tax paid by the employer . In practice, the employer provides the state with both means of taxation, but the employee only sees the direct tax on his declaration form. The compilation of taxes that compose the final income tax 2009 tax on gross income from the employer 31.42 indirect, fixed , pension fee on gross income 7.00 indirect, fixed , municipal tax on gross income less pension tax and a base deduction 32 direct, varies by municipality , state tax on gross income less pension tax and a base deduction 0 , 20 , or 25 direct, progressive . ref name Belopp och Procent 2009 http www.skatteverket.se skatter ovrigt beloppochprocent2009.4.6d02084411db6e252fe80007428.html Belopp och procent inkomst r 2009 taxerings r 2010 , Swedish Tax Agency in Swedish language Swedish ref In addition, an earned income tax credit applies for gross income, effectively reducing mean income tax. Although the pension fee is stated as 7.00 , it is effectively cancelled out through an income tax credit for the entire pension fee sum assessed. Pension fees may not exceed 28800 kr year. Example Assumptions Income tax Direct 32 , Employer social fee indirect 31.42 From a pay of 100 , the Employer first pays 32 in Income tax direct 32 , on top ... , Swedish Tax Agency in Swedish language Swedish ref References references Taxation in Europe DEFAULTSORT Taxation In Sweden Category Taxation in Sweden tax stub sv Skatt i Sverige ... more details
Unreferenced date March 2007 Merge to Transport economics date September 2010 Car taxation is an instrument to influence the purchase decisions of consumers. Taxes can be differentiated to support the market introduction of fuel efficient and low carbon dioxide CO sub 2 sub emitting cars. European Union The Commission has made a proposal for a Council Directive on passenger car taxation which is currently before the Council and Parliament. ref http ec.europa.eu governance impact docs ia 2005 2 COM 2005 0261 F EN.pdf COM 2005 261, Proposal for a COUNCIL DIRECTIVE on passenger car related taxes, presented by the Commission ref The Commission encourages again Member States to adopt this proposal as soon as possible and to adapt their car taxation policies so as to promote the purchase of fuel efficient cars throughout the EU and help manufacturers respect the upcoming fuel efficiency framework, thus contributing their share to reducing the CO sub 2 sub emissions of cars. Taxes differentiated over the whole range of cars on the market, so as to gradually induce a switch towards less emitting cars, would be an efficient way to reduce compliance costs for manufacturers. See also Road tax annual Fuel tax References references External links http eur lex.europa.eu LexUriServ site en com 2007 com2007 0019en01.pdf Category Vehicle taxes auto stub tax stub de Kraftfahrzeugbesteuerung ... more details
Infobox Newspaper name Taxation Magazine image Image Taxation FC 320x250px.jpg 250px type Weekly format Magazine owners LexisNexis editor Mike Truman foundation October 1927 price single copy 6.50 br Subscription price br http www.lnbconnect.co.uk UK 1 year 284 headquarters Quadrant House, The Quadrant, Sutton, SM2 5AS, UK Circulation Over 8,500 ABC audited ISSN 0040 0149 Taxation is an English language weekly magazine for professional UK tax advisers. It is owned by Lexisnexis LexisNexis , part of Reed Elsevier . The magazine is edited in the LexisNexis Sutton office. The first issue was published on 1 October 1927 and it has been in continuous publication ever since. The masthead declares that the magazine has been since 1927 the leading authority on tax law, practice and administration . It is published on Thursdays. Contents Each issue of Taxation usually contains about 25 pages of editorial, in addition to display and recruitment advertising and a directory of service providers. The editorial content is written by contributors and by a small in house team with a background in the tax profession. Typical contents include Comment article expressing the view of the contributor about ..., and originally published by Gee & Company, and then by Taxation Publishing Company, formed in 1932 .... Staples, who was also a founding member of what became the Chartered Institute of Taxation .... The Taxation website posts each week s new content on Wednesday morning, ahead of the official publication date. External links Taxation magazine s website http www.taxation.co.uk www.taxation.co.uk Chartered Institute of Taxation http www.tax.org www.tax.org LexisNexis magazines http www.lnbconnect.co.uk www.lnbconnect.co.uk Taxation conferences http www.conferencesandtraining.co.uk www.conferencesandtraining.co.uk Taxation s site for jobseekers http www.taxation jobs.co.uk www.taxation jobs.co.uk Category Weekly magazines Category British business magazines Category Taxation ... more details
Wikify date December 2010 Taxation In Algeria , the most important sources of government revenue have been oil and gas royalties. Algeria s tax system has been streamlined through the replacement of a number of different taxes by a value added tax, a personal income tax, and a corporate profits tax. The corporation tax was 45 on distributed profits and 20 on reinvested earnings. Many fiscal advantages have been granted to developing and expanding industries, especially to private investment. For established domestic industry and commerce there is a tax on production a single tax that was passed on to the consumer and a tax on industrial and commercial activities. Algeria s 1993 investment code offered foreign investment companies a three year exemption from VAT, a property tax abatement, lower customs duties, and a two to five year exemption from corporate income taxes. The tax break was meant to stimulate investment in Algeria s export market. After 1993, foreign workers whose monthly salaries exceeded 1,333 per month paid a 20 income tax, instead of one up to 70 . See also Economy of Algeria Algeria topics Category Taxation in Algeria Category Taxation by country Algeria Algeria stub tax stub ... more details
Unreferenced date May 2010 Hypothecation , in the context of taxation, is the dedication of the revenue of a specific tax for a specific expenditure purpose. The original definition of hypothecation is a pledging of assets the expected revenue from the tax in question is pledged to a particular cause . It is otherwise known as ring fencing . Dedicated taxes are often subject to unexpected shortfalls and surpluses. This may create political pressure to adjust the tax, to budget non dedicated revenues for the purpose in question, or to reallocate surplus funds to other purposes. Examples of hypothecation in this sense include the Fuel taxes in the United States gasoline tax in the United States which is dedicated, or Earmark finance earmarked in the jargon of American public finance, to the funding of transportation infrastructure. A common example in many European countries is a television licence . Here, all owners of television set s are obliged to pay the government an annual fee to use their televisions. The proceeds of the fee are then used to fund public broadcasting . Another example is a dedicated tax on the private trading of Security finance securities for example, 0.3 cents per dollar traded used to fund public works programmes directly or to pay the finance costs of such programmes. DEFAULTSORT Hypothecation Taxation Category Taxation nl oormerk tax stub ... more details
Unreferenced date December 2009 Taxation In Austria , the income tax for individuals in 2005 was progressively set up to 50 on a four bracket progressive schedule 21 on taxable income from 3,640 to 7,270 31 7,270 to 21,800 41 21,800 to 50,870 and 50 above 51,000. Married people are taxed separately. Payroll withholding tax is in effect. Taxes are levied on corporations 25 on distributed and undistributed profits , trade income, real estate , inheritance, dividends, gifts, and several miscellaneous services and properties. A value added tax was introduced January 1, 1973 at a basic rate of 16 . The standard rate in 2005 was 20 . A reduced rate of 10 applied to basic foodstuffs, agricultural products, rents, Tourism in Austria tourism , and entertainment banking transactions are exempt and exports are untaxed. There was also an augmented rate of 32 on automobile s, airplane s, and ship s. Capital gains and dividend income are taxed at 25 and are withheld at the source. There is no wealth tax . In accordance with EU guidelines, tax exemptions and reductions are included in incentive packages for investment in economically depressed and underdeveloped areas along Austria s eastern border. Europe in topic Taxation in Category Austria Category Taxation by country Austria tax stub ... more details
Taxation In Bangladesh , the principal direct taxes are personal income taxes and corporate income tax income taxes , and a value added tax VAT of 15 levied on all important consumer goods. The top income tax rate for individuals is 25 . For the 2004 05 tax year July 1 2004 June 30 2005 the top corporate rate was 45 . However, publicly traded companies registered in Bangladesh are charged a lower rate of 30 . Banks, financial institutions and insurance companies are charged the 45 rate. All other companies are taxed at the 37.5 rate. Effective 1 July 2002, the VAT rate on computer hardware and software was reduced to 7.5 , and certain agriculture agricultural equipment and electricity supplied to the agricultural sector was exempted from VAT altogether. VAT on the transfer of land is also to be abolished. Essential agricultural implements and irrigation pumps had previously been excluded from certain taxes. Asia in topic Taxation in tax stub Category Taxation by country Bangladesh ... more details
Taxation in Pakistan is a complex system of more than 70 unique tax es administered by at least 37 agencies of the Government of Pakistan . ref name Horrigan 2010 09 26 cite news first Kevin last Horrigan title Take a lesson from Pakistan Taxes are for suckers date 2010 09 26 url http www.stltoday.com news opinion columns kevin horrigan article 3b763d98 c9a5 11df 9e4e 00127992bc8b.html work Saint Louis Post Dispatch accessdate 2010 11 07 ref Federal taxes Federal taxes are administered by the Federal Board of Revenue Pakistan Federal Board of Revenue . Corruption see Corruption in Pakistan According to a 2002 study, 99 of 256 respondents reported facing corruption with regard to taxation. Furthermore, 32 of respondents reported paying bribes to have their tax assessment lowered, and nearly 14 reported receiving fictitious tax assessments until a bribe was paid. ref name NCPS 2002 cite web url http www.transparency.org.pk documents csr.pdf title Nature & Extent of Corruption in the Public Sector accessdate 2010 11 07 year 2002 format PDF publisher Transparency International Transparency International Pakistan ref References reflist pakistan stub Category Economy of Pakistan Category Taxation in Pakistan ... more details
Taxation In Tanzania the Income Tax Act, 2004 came into effect in July 2004. This act restructured the income tax system in line with modern requirements and repealed the previous Income Tax Act, 1973. Tax is levied on income from employment , income from business and income from investment . Taxable persons include entities and individuals. An entity can be a corporation or a trust law trust , and a corporation is loosely defined to mean any incorporated or unincorporated body of persons or association. For partnership s the individuals within the partnership are taxed on their share of the income. Taxation is on worldwide income for residents or for individuals, of residents of more than two years while taxation of non residents is on Tanzanian source income only. The corporate tax rate is 30 . The individual tax threshold is Tsh 1,200,000 per annum, and the rates are from 15 to a top rate of 30 . Various provisional and final withholding taxes are applied to ease the collection of tax. Both the Income Tax Act, 2004 itself and a comprehensive interactive guide to income tax for Tanzanian residents is provided on the website of the Ministry of Finance and Economic Affairs of Tanzania see guide . ref http www.mof.go.tz mofdocs revenue incometax start.htm MOF.go.tz ref In Tanzania the Income Tax Act, 2004 came into effect in July 2004. This act restructured the income tax system in line with modern requirements and repealed the previous Income Tax Act, 1973. Tax is levied on income from employment, income from business and income from investment. Taxable persons include entities and individuals. An entity can be a corporation or a trust, and a corporation is loosely defined ... within the partnership are taxed on their share of the income. Taxation is on worldwide income for residents or for individuals, of residents of more than two years while taxation of non residents ... Affairs Category Taxation in Tanzania Tanzania stub tax stub ... more details
original research date November 2009 unreferenced date November 2009 This article refers to Taxation in Afghanistan . In the early 1980s, direct taxes accounted for about 15 of government revenues. The share provided by indirect taxes declined from 42 to 30 , as revenues from natural gas and state enterprises played an increasing role in government finance. Tax collection , never an effective source of revenue in rural areas, was essentially disabled by the disruption caused by fighting and mass flight. Under the Taliban , arbitrary taxes, including those on humanitarian goods, were imposed. In 2005 the government introduced an income or wage tax. Employers with two or more employees were required to pay 10 on annual income over about 3,500 and 20 on income over about 27,000. References references Afghanistan topics tax stub Category Economy of Afghanistan Category Taxation by country Afghanistan ... more details
Unreferenced date September 2010 There is no income tax in Andorra on individuals or corporations. Employees pay social security taxes at rates of 5 9 on their salaries employers pay social security taxes of 13 on their employees salaries. In October 1991, a form of value added tax was introduced at a general rate of 4 on most goods and at higher rates of 8 and 12 , respectively, for special goods and for deemed luxury goods. There are also taxes on the import of certain goods. The 1992 budget law introduced a registration tax on certain activities, to provide 8.6 of government revenues, as well as a tax on electricity consumption and telephone services at a rate of 10 , to contribute 1.6 of government revenues. New residents who were previously resident in Spain are treated by the Spanish tax authorities as tax resident in Spain for five tax years after their emigration to Andorra. References references Taxation in Europe tax stub Andorra stub Category Economy of Andorra Category Taxation by country Andorra ... more details
TaxationTaxation in Indonesia includes income tax and goods and sales tax. Definitions Indonesian taxation is based on Article 23A of UUD 1945 Constitution of Indonesia 1945 Indonesian Constitution , where ... of taxation including Income Tax, Local Tax Pajak Daerah and Central Government Tax. The Indonesian Taxation Laws The relevant eight fundamental taxation laws of Indonesia include General Provisions and Taxation Procedures Law Undang undang Ketentuan Umum dan Tatacara Perpajakan UUKUTp Law ... Undang undang Bea Meterai UU BM in short, Law Number 13 of 1985. Definitions Indonesian Taxation law .... Statutory bodies are defined by Indonesian Taxation Law as groups of persons and or capital which ... Taxation Law as those in their business activities or works jobs produce goods, import goods, export ... in the form of letters, warrants and administrative sanctions. Tax Credits for over taxation or overpayment ... to earn income not bound by certain working relations. Appeals against the Taxation Department may be arbitrated via the Court of Appeals at taxpayer expense. Taxation Rates Indonesia has a series of progressive ... activity is done at the cottage level where sales and services taxation are tax exempt. Indonesia ... from almost any taxation. The underlying ethic of gotong royong neighbourly sic moral help ... and wages. Income Tax Income taxation is subject to Regional Propinsi government regulations defined ... from almost all taxation. class wikitable Band Annual Income Rate Tax Free Up to Rp18,480,000 0 ..., DKI Jakarta Special Administrative Region of Greater Municipality of Jakarta , income taxation ... slides progressively to 40 . Goods and Services Taxation A Goods and Services Tax GST is levied ... English website http www.pajak.net infopajak.htm Indonesian Specialists Taxation Forum free software relevant to Indonesian Taxation available online in Indonesian Category Economy of Indonesia Category Taxation in Indonesia id Perpajakan di Indonesia ... more details
Taxation Life in the Netherlands The Netherlands has a rich history dealing with taxation, predating the Ancient Rome Romanic period . Some of the most important taxes are that of the income tax Wet op de inkomstenbelasting 2001 , the Withholding tax Employment wage withholding tax Wet op de loonbelasting 1964 , the value added tax Wet op de omzetbelasting 1968 and the corporate tax Wet op de vennootschapsbelasting 1969 . Income tax main Income tax in the Netherlands The Netherlands has a partly progressive tax rate. In the past the highest income bracket in the Netherlands was 72 , but in 1990 the highest income bracket was changed to 60 and in 2001 it became 52 . The brackets are now 2.35 , 10.85 , 42 and 52 . The first two brackets also contains the Social Security payments contributions to schemes like AOW, ANW and AWBZ , making it effectively 33.5 , 42 , 42 and 52 . Value added tax For the value added tax there are two categories foods and essentials, and non foods and luxuries. These two categories have rates of 6 and 19 , respectively. Corporate tax 20.0 for the first 275,000 and above that a corporate tax rate of 25.5 determined in December 2008 for the tax year 2008 and may be the same rates in 2009 and 2010 Games of chance tax No taxes are applied when the sum won is 454 or less, or when the entry fee is higher than the prize won. If the prize is higher than 454, a tax rate of 29 is applicable however, if the host pays the taxes the sum is multiplied by 100 and then divided by 71, and 29 of that amount is taken as tax. Inheritance tax The inheritance tax successierecht charges beneficiaries of an inheritance . Wealth tax Possessions like savings, shares, houses etc. over 20,315. are assumed to have an annual 4 yield which is taxed at 30 , regardless of the actual annual yield achieved. Things like furniture, cars etc. are excluded. Gift tax The gift tax schenkingsrecht ... Algemeen nut beogende instelling Taxation in Europe Category Taxation in the Netherlands Tax ... more details
Taxation Income tax in Argentina is collected solely by the Government of Argentina , to the exclusion of the Provinces of Argentina . Argentina uses a system of progressive taxation on total personal income personal income that is collected as a deferred tax, a flat rate tax on business income company tax, 35 , and a stamp tax of 1.5 on the total value of real property , whether it gained or lost value rather than 1.5 being applied only to realised capital gains there is also an ad valorem property tax on other assets such as vehicles. There is also a 0.6 tax on all bank transactions. Argentina s income tax system contains a complex array of deductions and offsets, and is administered by the Federal Administration of Public Income Administraci n Federal de Ingresos P blicos AFIP . In 2005, the wealth tax 0.5 to 2.5 , value added tax 21 up from 18 in 1994 , and excise taxes on electronics, tobacco, alcohol, soft drinks, perfumes, jewelry, precious stones, vehicles, tires, mobile phone services, insurance policies, gasoline, lubricating oils, and other items. There is no inheritance tax . Corporate taxes are levied at 35 for domestic and foreign companies. Provincial and municipal governments impose various taxes. External links http docs.google.com viewer?a v&q cache 8kkx2RYMtIkJ https www.pkf.com site webdav site pkf shared Intranet International 2520Tax 2520other 2520attachments Country 2520Tax 2520Guides 2520in 2520PDF Argentina 2520Tax 2520Guide 25202009.pdf argentina taxes&hl en&gl us&pid bl&srcid ADGEEShviC5pSCCcGaO5DY3ZmaH3l GB6amF1Km5VBh6hPLb 6FsrEp8dzAXHGaK23756 RFeHhB4VmgqH2fyDBMA3BN7BVqim6SqUMwstTIbIWovLlIok7baDVMBbxVlMJMj96By lX&sig AHIEtbRVYCax SKVUTd 7zvBvluVNnEFUQ 2009 tax guide http www.doingbusiness.org Exploretopics payingtaxes Details.aspx?economyid 9 Brief, partial list of taxes South America in topic Taxation in tax stub Category Taxation by country Argentina ... more details
Taxation Armenia s complex tax system was revised in 1997 and again in 2001. The top corporate profit tax rate was lowered from 30 to 20 . As of July 1, 2001 a single rate was applied to all taxable profits, defined as the difference between revenues and the sum of wages, amortization payments, raw and intermediate purchases, social security contributions, insurance fees, and interest expenses. Newly formed enterprises are exempt from taxes for the first two years, but there is no provision for carrying forward losses. Individual income tax es are withheld by enterprises and are paid to the Ministry of Finance monthly. The personal income tax has been reduced from three bands to two 10 for monthly taxable income up to d80,000 144 and 20 plus a payment of d8,000 14.40 for taxable income between d120,000 and d320,000 1,892 for monthly taxable income above d80,000. Armenians also pay taxes to social security and pension funds. In 1992, Armenia introduced a value added tax, which stood at 20 in 2003. Excise taxes are applied to diesel fuel , oil , spirits, wine and beer at various rates. There are also land tax es and property tax es. Achieving a higher level of tax collection has been an important part of Armenia s economic reform programs. The fiscal deficit was projected at 2.4 of GDP for 2003. Europe in topic Taxation in Asia in topic Taxation in Category Taxation by country Armenia tax stub ... more details
Taxation In Azerbaijan , on January 1, 2001, a new tax code went into effect. Personal income rates remained the same, at rates ranging from 12 35 , as did the corporate tax rate, at 27 . However, as of 2005, the corporate rate was set at 24 . The revised depreciation schedule for corporate assets favors investments in high tech equipment and oil and gas exploration. Depreciation rates are 10 a year for buildings, 25 a year for equipment and computers, 25 for geological and exploratory costs, and 20 a year for all other assets. However, accelerated depreciation is allowed for capital spending allocated for production purposes at twice the standard rates. Included in this are expenditures on the building of those facilities that are to be used in the actual manufacture of goods. The value added tax VAT was reduced from 20 to 18 , while the property tax was raised from .5 to 1 of assessed value. A .05 Road Fund Tax on turnover was abolished, but there is a highway tax imposed on foreign registered vehicles collected by customs authorities. There are payroll taxes paid by the employer amounting to 32 , 30 going to the Social Protection Fund, and 2 going to the Employment Fund. There are excise taxes, but excise paid for goods used in production can be off set against excise charged for the finished product. In 2001, total government revenue came to an estimated 21.4 of GDP, while total expenditures, including net lending, amounted to only 20 of GDP , producing a positive fiscal balance equal to 1.4 of GDP. Europe in topic Taxation in Asia in topic Taxation in tax stub Category Taxation by country Azerbaijan ... more details
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