how to transfer prop 13
Sales Tax is a tax charged on Sale of any item whereas VAT is value added tax charged on both sale & purchase.
$7.20
The total tax is $0.75 and the total price with tax is $10.75
An example of an indirect tax is the sales tax, which is levied on the sale of goods and services. This tax is collected by retailers at the point of sale and then passed on to the government. Unlike direct taxes, such as income tax, the burden of indirect taxes can be shifted from the seller to the consumer, who pays the tax as part of the purchase price.
Yes, transferring stock to your daughter may trigger capital gains tax if the transfer is considered a sale or if the stock has appreciated in value. Generally, gifts of stock are subject to gift tax regulations, but the recipient (your daughter) would take on your cost basis for the stock. If she later sells the stock, she may owe capital gains tax based on the difference between the selling price and your original purchase price. It's advisable to consult with a tax professional for specific guidance.
No Sale tax is not charged for Sale in Course of Import. It is considered as a stock transfer.
$0.81
0.80
Sales Tax is a tax charged on Sale of any item whereas VAT is value added tax charged on both sale & purchase.
$7.20
Realty Transfer Tax Levied on the sale or transfer of Real Estate located in PhiladelphiaTax Payment Options and InformationTax Resources Resources from the Department of Revenue.Use & Occupancy Tax (U&O)The Business Use and Occupancy Tax is a tax on the business, trade or other commercial use and occupancy of real estate located in Philadelphia.The Realty Transfer Tax is levied on the sale or transfer of Real Estate located in Philadelphia. The tax also applies to the sale or transfer of an interest in a corporation or partnership that owns real estate. Certain long term leases are also subject to this tax.
The total tax is $0.75 and the total price with tax is $10.75
The total price with sales tax is $8.17
The total tax is $0.90 and the total price with tax is $15.89
$42 x .065 = $2.73
VAT is value added tax charge on sale and purchase. Income tax is tax charged on income received.
The total cost is $4.22