Indian tax is based on duties, A tax is a standard rate that is applied to material goods. A duty is applied to something, and must be paid, based on the estimated value of the item.
The primary difference is how QuickBooks Canadian version handles Canadian Tax laws. GST, PST, Payroll Taxes etc. How Quickbook data from Canadian Version can be transferred into US Version Quickbook
No. The US owes money to the UK, but it is part of its national debt, and not a 'tax', which the UK has no power to impose on the US.
It is unclear which US bank is requested, However the tax ID of the US Bank Federal number is 31-0841368. This can be used by them to ensure their tax is paid correctly.
Foreign currencies are normally re-valued at the prevailing exchange rate at the end of each period. The corresponding Exchange Rate Gain/Loss flows through to the income statement and tax return therefore creating a tax liability or a tax benefit.
difference of tax paid and the rate of tax applicable in the state if for example you have paid the cst 2 % on any item and the rate of tax applicable in the state is 12.50% additional 10.50 have to be deposited In the US the Form C of the 1040 is basically the P&L of the business for a self employed or someone with a business income and expenses. It is, if applicable, not an option to submit it or not, and is an absolute requirement to determine taxable income on the return...it doesn't add tax..or lessen it in itself, but may due either by any amount (including to 0).
An Indian citizen working in the US may be subject to US federal and state income taxes on their earnings. They may also have to report their income to the Indian government and pay taxes in India, depending on their residency status and the tax laws of both countries. It is important for them to understand the tax treaties between the US and India to determine how their income will be taxed and if they are eligible for any tax benefits or credits. Consulting with a tax professional who is knowledgeable about international tax laws is recommended to ensure compliance with both countries' tax regulations.
The Appearance is a little different, but the only significant difference is the country it is made in.
Indian nationals working in the US on an H1B visa are subject to US taxes on their income earned in the US. However, under the India-US tax treaty, they may be able to claim certain benefits such as avoiding double taxation and claiming tax credits. It is important for them to understand the specific provisions of the treaty and consult with a tax professional to ensure compliance with both US and Indian tax laws.
The biggest difference between a US annuity and a Swiss annuity is that Swiss annuities are not subject to the usual tax and bankruptcy reporting requirements and can be used in offshore tax planning.
what is the difference between education in Algeria and US
You will have to use Canadian tax software to prepare the taxes for you sister. You can purchase TurboTax to prepare Canadian taxes but it is a different edition than the one used in the United States.
What is the difference between North American and US?AnswerCanada.
Indian police is lazy whereas they are fast they are stronger than us police they are corrupt
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AnswerFollowing are some of the differences: 1 US insurance tax laws are governed by tax rules like TEFRA, DEFRA and TAMRA while Indian insurance tax laws are governed by IT section 80 CCC.2. In India there is only one regulatory body - IRDA while in US there are separate regulatory bodies for each State. Moreover, the NAIC, which is a body of individual state insurance regulators exists in the US.3. Family insurance is not available in India, while it is available in US insurance.
there is no huge difference between us and apes we both think alike and can do almost anything
No. Form 16 is only for income tax in India. For US it is a different document.