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Why pay corporation tax if you can set up offshore? Why pay corporation tax if you can set up offshore? In the offshore jurisdictions of Guernsey and Jersey in the Channel Islands, no tax is payable on any income generated outside of the Islands. In other words there is no income tax payable on non Jersey or non Guernsey income. In addition, there is no corporation tax, no capital gains tax, no vat, no inheritance tax or gift tax. Corporation tax is payable by UK companies on its pr...
Paperless Income Tax Filing Just Got Even Easier Paperless Income Tax Filing Just Got Even Easier It's that time of the year - the time when people with salaried incomes breathe a sigh of relief that their companies handle tax payments, and when floating income earners begin a frenzy of calculations to figure out their dues. For salaried people in certain states of the US, filing the dreaded tax return has been getting easier by the year. Tax returns can now be filed on the ...
Income Tax Neon Signs Shine Brightly Income Tax Neon Signs Shine Brightly It's now the season for filing income tax returns and many individuals and establishments are starting to compute their taxes. However, some of these tax payers don't have much idea how to do the tax solving. Thus, they would probably seek for the service of the accounting firm. This firm is run by certified public accountants who have all the knowledge regarding this issue.Accounting firms are not as popular type of business for some people because not all people have the issues about income tax. Thus, this business will probably be in demand if it is tax season. However, it is still important that you advertise the firm everyday since advertisement is the way to make people become aware of the firm you have.One of the many people passing the establishment everyday can be your potential client in the next season of filing income taxes. This will help the potential clients to have the idea about your firm and where it is located.And, advertising the business using the Income Tax Neon Signs is one of the best ways to attract prospect clients. This luminous sign will simply glow outside the establishment and that it will s...
Israel Concise Tax Guide - 2011 Israel Concise Tax Guide - 2011 Residence of a company:A corporation is considered an Israeli resident for tax purposes in one of these conditions:The corporation was incorporated under Israeli law; orThe corporation is managed and controlled from Israel. Standard company tax rate:The standard Israeli corporate tax rate is 24%. This rate applies to the undistributed profits of the c...
Understanding IRS and IRS Tax Attorneys Understanding IRS and IRS Tax Attorneys Has this happened with you more than once? You are working hard, everyday thinking about the pay check at the end of the month but when you are holding it in your hand you feel robbed. You cannot understand what has gone wrong. Where is the promised amount that you should have gotten? And then you realize there is a group of officials who are ...
Back Taxes and their Consequences Back Taxes and their Consequences Taxes are best source of revenue for the government to augment its resources for accelerating economic development. So if a person has failed to pay tax, then he is liable to pay back tax. They are typically taxes that are owed from a prior year. Reason for non payment of taxes can vary. Some may willfully attempt to evade the payment of tax, while others may simply fail to file tax forms or may be late in filing of tax forms. Anyway they are liable to punishment. If the back taxes are not paid with interest, then the consequences can be very serious. In case the back taxes get accumulated then, they can be prosecuted under criminal law. Hence by filing back taxes accurately and quickly, penalties can be reduced. When any tax , interest penalty, fine or any other sum is payable in consequence to the back taxes then, the Internal Revenue Service (IRS) issues a notice of demand in the prescribed form specifying the sum so payable. Internal Revenue Service collects the back taxes through Tax Lien,Wage Garnishment and through Bank levy. They make sure that even a car loan cannot be received or mortgaged. They have the authority to remove...
Dynamics GP Taxes in General Ledger Notes Dynamics GP Taxes in General Ledger Notes Microsoft Dynamics GP could be implemented for the organization, where Sales and Purchasing are outsourced to another application.  And what you want from your accounting is just to record GL Entry as shadow for the outsourced customer and ven...
Former NFL players eat cake and take it too on USO tou Former NFL players eat cake and take it too on USO tou Day 4 of the 2011 NFL-USO tour began at Camp Marmal in Mazar-e-Sharif, in the north of Afghanistan. The plan for the day was to "FOB hop" to several bases in the region. FOB hopping -- which is a staple of NFL-USO tours -- is when...
Promote and Prosper with Income Tax Neon Signs Promote and Prosper with Income Tax Neon Signs All businesses have to undergo advertising and promotion in order for them to succeed. If you are to open up a new firm that involves handling tax preparations, refund processing and filing of forms then you also need to come up with a ma...
Back Tax IRS Help: The Essential Component Of Your Finances Back Tax IRS Help: The Essential Component Of Your Finances The anxiety and panic of that comes from dealing with the Internal Revenue Service is at the top of the list of life's most stressful experiences.  Here's some semi-good news, having unpaid back taxes and not being ...
When You are use a Tax Advisor When You are use a Tax Advisor When to use a Tax AdvisorIf you're scared, short of time or don't feel confident doing the research when looking for complex financial products, you'll find financial advice worthwhile.Yet if you're money savvy, my instinct would be t...
Goodell addresses lockout, potential boycott of NFL Draft Goodell addresses lockout, potential boycott of NFL Draft NFL Commissioner Roger Goodell appeared on "NFL Total Access" Tuesday to discuss where things stand in the ongoing labor dispute between players and owners. Below is a complete transcript of Goodell's comments. where to bu...
When The Tax Return is Wrong When The Tax Return is Wrong When The Tax Return is WrongDo you have a tax accountant who guarantees their work...in writing? Sure, some guys might say: "We'll make it right if we screw up", but then the stuff hits the fan and they fight you every step of the way. I've heard...
Choose your Illinois tax accountant very carefully Choose your Illinois tax accountant very carefully Filing tax returns is very important for every individual, to make correct filing you need a professional who can help you in determining the kind of tax you are out to pay and that is where the Illinois tax accountant comes in to pic...
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