Essays Tagged: "Tax deduction"

"Rent v. Buy" Just a little thing about renting and buying a house! not too bad.

usands of dollars in up-front fees or closing costs, such as inspections, legal fees, land transfer taxes, insurance, etc., as do home buyers.Be freer to move.You will have no huge long-term financial ... and memories.The following are just a few among the many disadvantages of buying:No guarantee of a tax break.Don't assume that you always get a tax break for buying.If the annual interest payment you ...

(4 pages) 233 0 3.0 Nov/2002

Subjects: Businesss Research Papers


Taxation law is needed in order to determine taxable income of individuals and entities. The basis o ... development activities are needed to enhance the country's economy, it is necessary to comply with taxation law when certain deductions have to be made against assessable income.'Negative gearing is ... lia under section 6-10 with the exemption of intra-family rental arrangement.Dividend received by a taxpayer is an assessable income provided it falls under the provision of section 6-1, in which the ...

(7 pages) 46 0 4.1 Mar/2004

Subjects: Businesss Research Papers > Accounting

Taxation in Kazakhstan

The primary legislative act regulating taxation in the Republic of Kazakhstan is the Law of the President of the Republic of Kazakhstan (pr ... n is the Law of the President of the Republic of Kazakhstan (previously Edict No. 2235) "Concerning Taxes and Other Payments to the Budget," also known as the "Tax Code." The Tax Code was introduced o ... was introduced on the 24th of April 1995 with effect from the 1st of July 1995.Since enactment, the Tax Code has been repeatedly amended, the most recent of which was dated 5 July 2000 and with force ...

(13 pages) 67 1 4.4 Apr/2004

Subjects: Businesss Research Papers > Accounting

Deduction for Sale and Lease back( taxation law: case study)

Therefore, the lease is ineffective to confer any right in respect of the factory and plant on the taxpayer. Accordingly, payments made by company X to Y cannot be characterized as payments made unde ... onsAssumption 1: If the arrangement were legally effective transfer title and rights of possession, tax effects under s51 (1)Commissioner would hold if the factory and plants had, at the time of the s ...

(8 pages) 56 0 4.0 Nov/2004

Subjects: Businesss Research Papers > Accounting

Case Note on Fletcher v FCT (1991) 22 ATR 613:

The facts of this case were that the taxpayer (and three others in partnership) entered a complex scheme, which involved the partnership, ... xchanged but no cash payments were made. This was calculated to return neutral cash flows with high tax deductions initially and high assessable income, especially in the last five years. A feature of ... le income of $170,000 and claimed deductions of $360,000.The issue before the court was whether the taxpayers were entitled to a deduction for interest. A lot of matters were argued before the case re ...

(3 pages) 17 1 3.0 Apr/2006

Subjects: Law & Government Essays > Law > Cases

New Home

e House Worth Index on the FHFA website for up-to-date data (Federal Housing Finance Agency, 2011). Tax deductions additionally come alongside a new home. Mortgage attention rates can be tax deductibl ... down payment that will aid you to onset alongside a lower mortgage. There are additionally property tax deductions for early period residence clients, capital gains exclusions for up to 500,000 dollar ...

(7 pages) 0 0 0.0 Sep/2014

Subjects: Businesss Research Papers