answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What is a tax obligation?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What Department of Indiana Revenue Services do you contact to find out why your tax obligation check has not cleared your bank?

If your tax obligation check is for sales tax, contact the Division of Sales and Use Tax Administration at (317) 233-4015. If your tax obligation check is for withholding tax, contact the Division of Withholding Tax Administration at (317) 233-4016. For more information, go to the Indiana Department of Revenue website at www.in.gov/dor/index.htm. Select Business Taxpayers from the left column.


Is there a tax obligation for a trust beneficiary?

Generally, income from a trust must be reported. You should speak with a tax professional at tax time.


When must a gift tax be paid?

If you give someone more than $15,000 per annum (as of 2012), but you can deduct that tax obligation from your lifetime gift tax exclusion.


How do you avoid gift tax on a property you received 8 months ago.?

You avoid gift tax on your property by not gifting it to anyone else. The recipient of a gift has absolutely no tax obligation.


Who pays federal gift tax giver or receiver?

The recipient of a gift has absolutely no tax obligation under IRS code. Gifts are not considered income. § 102.


What obligation of tax do children have who receive financial compensation in a liable suit?

"http://wiki.answers.com/Q/What_obligation_of_tax_do_children_have_who_receive_financial_compensation_in_a_liable_suit"


If your company sells you your used company car for under book value do you have an income tax obligation for the savings?

No.


Are municipal bonds tax free?

There are two types of tax free Municipal Bonds. The first is called a General Obligation and is usually the safer because it is backed by the issuer's ability to tax. Revenus Munis is the other tax free bond.


Is a tenant reliable to pay stamp duty land tax?

no the tenant is not obligated to pay the stamp duty or the land tax it is an obligation on the part of the owner or land lard to pay it


If you live Outside the US do you still have to pay an Inheritance or Estate tax?

If the estate is so large that an inheritance tax is due it must be paid to the IRS and to the state where the decedent's estate was probated. The tax obligation has nothing to do with where the beneficiary lives.


Who pays Washington state real estate excise tax?

Washington State Law Says: = Tax is seller's obligation - Choice of remedies. = The tax levied under this chapter shall be the obligation of the seller and the department of revenue may, at the department's option, enforce the obligation through an action of debt against the seller or the department may proceed in the manner prescribed for the foreclosure of mortgages and resort to one course of enforcement shall not be an election not to pursue the other. http://apps.leg.wa.gov/RCW/default.aspx?cite=82.45.080


What is the maximum cash gift a parent can give to a child without tax obligation for the child?

$100, that is the best value and the highest you can give.