• In India, a Tax Deduction and Collection Account Number (TAN) is a 10 digit alpha-numeric number issued by the Income Tax Department to the persons who...
    4 KB (467 words) - 18:04, 28 December 2024
  • There is no requirement to apply or obtain Tax Deduction or Collection Account Number (TAN) for deducting tax under this section. Hence, a deductor can...
    8 KB (1,272 words) - 18:57, 12 May 2025
  • Thumbnail for State income tax
    lives and methods be used by businesses. Many states allow a standard deduction or some form of itemized deductions. States allow a variety of tax credits...
    75 KB (7,967 words) - 19:04, 11 May 2025
  • Thumbnail for Tax Cuts and Jobs Act
    itemize deductions, limiting deductions for state and local income taxes and property taxes, further limiting the mortgage interest deduction, reducing...
    176 KB (16,990 words) - 20:40, 14 May 2025
  • aimed to create, manage, and maintain the PAN database as well as consolidate PAN and Tax Deduction and Collection Account Number (TAN) services. In the...
    24 KB (1,982 words) - 19:41, 1 April 2025
  • or Tan, an ancient European goddess Tax Deduction and Collection Account Number (TAN), an Indian tax code Black and Tans, a nickname for British special...
    3 KB (444 words) - 23:27, 17 March 2025
  • Thumbnail for Income tax in the United States
    allowable deductions. Income is broadly defined. Individuals and corporations are directly taxable, and estates and trusts may be taxable on undistributed...
    140 KB (14,372 words) - 20:35, 4 May 2025
  • tax exclusion and a tax deduction, all of which are different types of tax expenditures. A tax exemption is an income stream on which no tax is levied, such...
    25 KB (3,246 words) - 02:35, 5 May 2025
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    Internal Revenue Service (category Tax investigation)
    about Nixon's tax returns. Nixon, with a salary of $200,000, paid $792.81 in federal income tax in 1970 and $878.03 in 1971, with deductions of $571,000...
    76 KB (8,192 words) - 11:49, 7 May 2025
  • Personal income tax may be collected through various means: deduction at source – where income tax is deducted directly from an individual's pay and sent to the...
    38 KB (3,547 words) - 14:41, 8 May 2025
  • Term Tax on the gain after sale of shares. For individuals, the Long Term Tax rate is 5% of the gain after deduction of brokerage and commission and the...
    108 KB (14,205 words) - 21:19, 12 May 2025
  • income and deductions differing from financial accounting principles like the timing of income or deduction, tax exemption for certain income, and disallowance...
    51 KB (5,692 words) - 19:50, 14 May 2025
  • Thumbnail for Taxation in the United States
    and local tax ("SALT") deduction, which raised the effective tax rate on medium and high earners in high tax states. Prior to the SALT deduction limit, the...
    120 KB (15,371 words) - 12:32, 8 May 2025
  • Thumbnail for Income tax in India
    Central Revenue collections in 2007–08 Personal income tax 7.43 (5.23%) Corporate taxes 45.99 (32.3%) Other taxes 1.83 (1.29%) Excise taxes 35.84 (25.2%)...
    28 KB (2,820 words) - 07:30, 14 April 2025
  • allowable deductions and credits, tax due given the income figure, and applies funds already withheld from wages or estimated payments made towards the tax liability...
    54 KB (6,683 words) - 02:27, 20 February 2025
  • is fifteen per cent. The net tax rate for Canadian-controlled private corporations that claim the small business deduction, is nine per cent. In 2019,...
    33 KB (3,847 words) - 14:43, 8 May 2025
  • Thumbnail for Depreciation
    without first dividing and then multiplying total depreciation per year by the same number. Most income tax systems allow a tax deduction for recovery of the...
    28 KB (3,780 words) - 06:08, 24 April 2025
  • the thresholds and/or tax rates) take advantage of the medical expense deduction (applicable for medical expenses now imposed for tax years starting in...
    14 KB (1,852 words) - 02:51, 4 May 2025
  • Tax withholding, also known as tax retention, pay-as-you-earn tax or tax deduction at source, is income tax paid to the government by the payer of the...
    15 KB (2,037 words) - 17:21, 20 March 2025
  • both the employer and the employee. Taxes and contributions together are called in French prélèvements obligatoires (compulsory deductions). All economic...
    55 KB (7,279 words) - 04:09, 13 March 2025
  • number of countries could be and have been interpreted as both supporting and prohibiting the levying of taxes unto churches; prohibiting church tax could...
    29 KB (3,193 words) - 17:10, 9 February 2025
  • Thumbnail for Payroll
    Payroll (redirect from Payroll deduction)
    subject to tax. and could include health, dental, or life insurance, deductions for certain retirement accounts, or deductions for FSA or HSA accounts. After-tax...
    14 KB (1,566 words) - 05:46, 14 March 2025
  • jurisdictions allow notional deductions for individuals and may allow deduction of some personal expenses. Most jurisdictions either do not tax income earned outside...
    45 KB (5,255 words) - 01:06, 24 February 2025
  • utilities before and after imposing the tax, and taking into account how the tax causes prices to change. For example, if a 10% tax is imposed on sellers...
    29 KB (4,477 words) - 17:36, 15 March 2025
  • compared with transaction taxes (i.e. sales taxes). Ad valorem tax is determined and collected every year, while transaction tax is only levied at the time...
    28 KB (4,337 words) - 22:45, 28 March 2024
  • Thumbnail for Council Tax
    therefore has one of the highest collection rates of any tax, with in-year collection rates of 97.0% in 2014–15. Council Tax is collected by the local authority...
    45 KB (4,854 words) - 06:58, 3 April 2025
  • flat tax (short for flat-rate tax) is a tax with a single rate on the taxable amount, after accounting for any deductions or exemptions from the tax base...
    71 KB (6,955 words) - 16:26, 9 May 2025
  • tax cuts are an example of an expansionary fiscal policy. Tax cuts also include reduction in tax in other ways, such as tax credit, deductions and loopholes...
    32 KB (3,935 words) - 03:53, 7 May 2025
  • Thumbnail for Form 1040
    reports income, calculates the allowable deductions and credits, figures the tax due given adjusted income, and applies funds already withheld from wages...
    58 KB (6,021 words) - 02:18, 20 February 2025
  • applicable on securities accounts that reach or exceed €1,000,000 without regard to the number of accountholders, and the tax amount is limited to 10%...
    67 KB (8,319 words) - 17:33, 15 May 2025