Search results for keyword: exemptions
investment tax
Introduction
Taxes are used by governments globally to generate revenue to pay for public services and infrastructure. Investing is an activity that countries have an interest in encouraging, as it helps to create new sources of income for individuals and businesses as well as stimulate economic ......
10/07/2023 
1071 
Oliver
land transfer fee
Land Transfer Tax
Land transfer tax is a form of taxation that is levied when a piece of land is transferred from one party to another. It is usually based on the sale price of the land, but there are some cases where it can be levied on the assessed value of the property. The primary purpose of ......
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Land Tax
Land tax is a form of taxation levied by governments on the ownership or use of land. It is generally a tax on property or real estate, but it can take other forms as well, such as taxes on the rental value of land, mansion tax, inheritance tax, and land value added tax. In many countrie......
Dynamic Property Tax
Dynamic Property Tax
Property tax is an important source of revenue for governments across the world. As economies become increasingly dynamic, with home ownership being more easily accessible and changes in asset values more frequent, local authorities have been forced to look for more flexible ......
specific relief
Tax exemption refers to a tax which does not have to be paid in the absence of any statutory requirement. It is a discretionary approach to taxation based on the notion of allowing people to keep as much of their own money as possible within a certain legal framework.
Tax exemption is used by gov......
specific tax treaty
Double Tax Agreements
A double taxation agreement is a type of international tax treaty agreed between two countries or jurisdictions to eliminate or reduce the incidence of double taxation on certain types of income. It is designed to ensure that investors or citizens are not taxed twice on the ......
Tax transfer planning
Tax Planning
Tax planning is essential to individuals and businesses. It involves making decisions that minimize total taxes payable in order to maximize profits. Tax planning activities include selecting investments, choosing appropriate savings accounts, selecting pension plans, and taking adva......
individual property tax
Income tax, property tax, and authority tax are essential sources of revenue for governments around the world. These taxes can fund essential services such as healthcare, education, transportation, and public safety. One of the most common taxes is the property tax, which is a tax levied on the va......
personal income tax rate
The taxation of individuals, as it applies to income, is referred to as personal income taxation. This system of taxation is used by governments to collect revenue for individual transactions, goods, services and investments.
In the U.S., personal income taxes are levied at the federal, state and......
Classified Comprehensive Income Tax
Introduction
Value added tax (VAT) is a form of consumption tax commonly used around the world. It is collected at various stages of production along the way to the final consumer. In some countries, such as many EU countries, it is referred to as a turnover tax, since it is calculated on the amo......
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