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Taxation. Taxes in New Zealand are collected at a national level by the Inland Revenue Department (IRD) on behalf of the New Zealand Government. National taxes are levied on personal and business income, and on the supply of goods and services. Capital gains tax applies in limited situations, such as the sale of some rental properties within 10 ...
An indirect tax (such as a sales tax, per unit tax, value-added tax [VAT], excise tax, consumption tax, or tariff) is a tax that is levied upon goods and services before they reach the customer who ultimately pays the indirect tax as a part of market price of the good or service purchased. Alternatively, if the entity who pays taxes to the tax ...
Since World War II, the federal constitution authorizes the Confederation to levy a number of taxes, the most significant of which are an income tax, a withholding tax and a value added tax. However, Switzerland is unique among modern sovereign states in that the authority to levy these taxes is limited in duration and extent. [4] [5] The Constitution imposes an upper limit on the federal tax ...
Kanpur Municipal Corporation (KMC) is a municipal corporation of Kanpur city in Indian state of Uttar Pradesh. [3] The corporation has 110 wards covering area equal to 403 square kilometres. [4] [5] [6]
Spartanburg County residents surprised by higher tax bills. 'My tax bill was up over 14%.'. Several taxing entities in Spartanburg County have raised their taxes by not rolling back their tax ...
Windfall tax. A windfall tax is a higher tax rate on profits that ensue from a sudden windfall gain to a particular company or industry. There have been windfall taxes in various countries across the world, including Australia, [1] Italy, [2] [3] [nb 1] and Mongolia. [5] [6] Following the 2021–2023 global energy crisis, policy specialists at ...
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