China's new Customs tax on personal mail, which begins September 1, will effectively end the practice in Hong Kong of earning commissions for sending packages to Mainland China.The new regulations will impose an import tax on personally mailed items into China. For individuals sending or receiving items from Hong Kong, Macau and Taiwan, import duties will be waived for packages with a dutiable value of under RMB50. Previously, import duties...more
If you think your SMSF deed allows you to circumvent excess contributions tax - think again. The ATO has recently published a Taxpayer Alert which examines the effect of provisions in some SMSF deeds that attempt to avoid excess contributions tax. These arrangements deliver negative taxation and superannuation consequences - both for SMSF trustees and members and for their advisers.What arrangements is the ATO targeting?The ATO is targeting...more
As has become customary, the President and the Vice President have released their recently-filed tax returns. You can find these tax returns on the White House blog by doing a search for "tax returns." An interesting thing to note is that Vice President Biden remains stuck in the Alternative Minimum Tax, as he has been for at least the past...more
For the average taxpayer or small business owner, keeping up with changes in the taxation rules is outside the scope of their expertise or interest. That is why most people opt for Accountants to prepare their tax returns, but by not paying attention to the expenses incurred in earning income throughout the year, dollars can be lost from savings by...more
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Andrew Marshall (c)The Impact of spending cuts and tax rises on Families By: Andrew Marshall About the Author Family Law in Partnership is a team of specialist Family Law solicitors. (ArticlesBase SC #2968815) ...more
CORPORATION TAX in BULGARIA 2010 By: valko58 About the Author I feel I am qualified to talk about investing in Bulgaria. (ArticlesBase SC #2969539) Article Source: http://www.articlesbase.com/ - CORPORATION...more
The December NFL schedule for the Browns begins with three consecutive road games beginning on December 5th at the Miami Dolphins, then a winnable December 12th game at the Buffalo Bills, followed by a December 19th match-up with the Cincinnati...more
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Most years, an S corporation does not pay federal or state corporation income taxes. Rather, shareholders pay the taxes on their respective slices of the S corp's profit. An S corporation that has been taxed as a C corp, however, can get hit with...more
Whenever matters of personal finance, investments, and corporate dealings discover their way towards the worldwide stage, a certified, an expert Orlando tax attorney ought to be within the thick of it. Regardless of whether fighting trademark and...more