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
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) - 13:36, 26 May 2025
itemize deductions, limiting deductions for state and local income taxes and property taxes, further limiting the mortgage interest deduction, reducing...
176 KB (17,042 words) - 23:05, 24 May 2025
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 (7,979 words) - 17:56, 24 May 2025
allowable deductions. Income is broadly defined. Individuals and corporations are directly taxable, and estates and trusts may be taxable on undistributed...
140 KB (14,371 words) - 14:04, 24 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
Tan (section Arts and entertainment)
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
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
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
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
jurisdictions allow notional deductions for individuals and may allow deduction of some personal expenses. Most jurisdictions either do not tax income earned outside...
46 KB (5,255 words) - 00:06, 25 May 2025
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) - 04:19, 21 May 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
Depreciation (redirect from Terminal value (accounting))
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
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...
109 KB (14,185 words) - 04:13, 26 May 2025
Taxation in France (redirect from French tax law)
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
Taxation in the United States (redirect from United States tax law and social policy)
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
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
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
income and deductions differing from financial accounting principles like the timing of income or deduction, tax exemption for certain income, and disallowance...
52 KB (5,728 words) - 13:46, 23 May 2025
Transaction tax (APT tax) proposed taxing the broadest possible tax base at the lowest possible tax rate. Since financial transactions account for the greatest...
157 KB (16,806 words) - 21:40, 27 May 2025
cause economic inefficiency, and helps reduce economic inequality. A land value tax is a progressive tax, in that the tax burden falls on land owners,...
85 KB (9,337 words) - 05:38, 26 May 2025
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
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) - 22:11, 24 May 2025
Form 1040 (redirect from U.S. Individual Income Tax Return)
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
include tax holidays, tax deductions, or tax abatement. Such "tax incentives" are targeted at both individuals and corporations. Individual tax incentives...
13 KB (1,557 words) - 19:14, 6 April 2025
Receipt (category Accounting source documents)
tax or VAT from the customer, the amount would be added to the receipt, and the collection would be deemed to have been on behalf of the relevant tax...
10 KB (1,334 words) - 19:57, 19 May 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
A Pigouvian tax (also spelled Pigovian tax) is a tax on any market activity that generates negative externalities (i.e., external costs incurred by third...
53 KB (7,391 words) - 18:24, 23 May 2025