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What else can I help you with?
How do you claim a non related dependent on your taxes?
If they aren't a qualified child or a qualified relative, as defined, you can't claim them.
What taxes are excluded from the calculation of EBIT?
Generally "taxes" is referring to income tax. Essentially, it is any tax a company pays but does not pass directly to its customers. Of course, all taxes are passed on but in the form of higher prices.
What are the classification of taxes?
Taxes can be classified into several categories, primarily based on their nature and purpose. The main classifications are direct taxes, which are levied directly on individuals or organizations (e.g., income tax, property tax), and indirect taxes, which are imposed on goods and services (e.g., sales tax, value-added tax). Additionally, taxes can be categorized as progressive, regressive, or proportional based on how the tax rate changes relative to the taxpayer's income level. Other classifications include federal, state, and local taxes, depending on the level of government that imposes them.
If a deceased person receives a letter for back taxes what should his or her relative do?
Pass it to the Executor of the estate. It has to be paid, if there is enough money in the estate, before making any bequests.
What is the difference between the flat tax and the fair tax?
The flat tax keeps keeps the current payroll taxes in place, but it taxes everyone the same rate. The FairTax replaces all federal income and payroll taxes with a 23% inclusive consumption tax on all new goods and services. It includes a monthly prebate on spending up to the poverty level. This tax would replace all federal income and payroll taxes and dismantle the IRS. Companion legislation would call for the repeal of the 16th ammendment, which legalized the income tax.Correction:the 23-30% tax already exists in the current tax system as embedded taxes. Under the fairtax, those embedded taxes are eliminated, and replaced with a single consumption tax. Thus the prices actually lower, and the end result is a stabilization of prices at or near current prices. Another factor of the fairtax, is the requirement to repeal the 16th amendment. This would eliminate those embedded taxes, and the double taxation scenario found in Europe's tax system.
Are taxes that distorts relative prices neutral?
Taxes which distort relative prices are not neutral.
Why aren't taxes included in prices?
Taxes are not included in prices because they vary based on location and other factors. This allows businesses to display consistent prices across different areas and adjust for taxes at the point of sale.
What does taxes affect prices?
3wide
How do you claim a non related dependent on your taxes?
If they aren't a qualified child or a qualified relative, as defined, you can't claim them.
Why are the gas prices in California higher?
Taxes.
Are taxes included in your airfare prices?
Yes, airfare prices include all applicable taxes, airport fees and security surcharges. There are no additional fees.
What was the cause for gas prices to increase?
it had something to do with taxes
How are Kerosene Prices set?
Kerosene prices are primarily influenced by factors such as crude oil prices, supply and demand dynamics, refining costs, taxes, and distribution costs. Global market conditions, geopolitical events, and weather patterns can also impact kerosene prices. Additionally, government regulations and policies may play a role in setting prices through taxes and subsidies.
If the international oil price keeps rising which way do prices shift?
All prices shift upward. Governments love this as taxes do also.
How do lawyer use percents?
lawyers use percents when figureing out prices and taxes of houses
How much is the xbox360 with tax?
The prices vary because all states have different taxes.
How much was a pack of cigarettes in 2004?
In 2004, the average price of a pack of cigarettes in the United States was around $4.50 to $5.00, although prices varied significantly by state due to differing taxes and regulations. Some states with higher taxes saw prices exceed $6.00 per pack. This period marked a gradual increase in cigarette prices due to both inflation and rising tobacco taxes.
