INTERNATIONAL TAXATION

Companies Act : Several fees increased

Gazette notification has been issued amending the fees levied for the registration of private and public companies and several other charges that come under the Companies Act. Dated 25th October 2022, the Gazette has been published by President Ranil Wickremesinghe in his capacity as the Minister of Finance. The registration fees of 25 types of …

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a glimpse on forms of business organisations in austrailia

A GLIMPSE ON FORMS OF BUSINESS ORGANISATIONS IN AUSTRAILIA

A foreign company or an investor proposing to incorporate a business in Australia may choose from a number of different entities or forms of business organisation. Each of these forms has its advantages and disadvantages. Business owners will need to carefully consider them and take advice to determine which is the most appropriate form for …

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BREAKING: G20 leaders approve global tax reform deal

G20 leaders have formally endorsed the global agreement for a minimum 15 percent corporate tax, US Treasury Secretary Janet Yellen said on Saturday, hailing it as a “historic” step. “Today, every G20 head of state endorsed an historic agreement on new international tax rules, including a global minimum tax that will end the damaging race …

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Women’s Day Special: CA Heer Gajjar Launches Silver Jubliee Edition of Weekly Taxation News Letter with CS Lalit Rajput

On this special day, Ms. CA Heer Gajjar launches Silver Jubliee edition of weekly taxation news letter with Mr. CS Lalit Rajput who are actively involved in empowering the professional community. This is a remarkable moment for Tax Concept platform too.

United Kingdom Tax System

United Kingdom Tax System

Income tax is the single largest source of government revenue in the United Kingdom, making up about 30 percent of the total, followed by National Insurance contributions at around 20 percent. More than 25% of all income tax revenue is paid by the top 1% of taxpayers, i.e., taxpayers with the highest incomes, and 90% …

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Introduction to US Tax Returns

Introduction to US Tax Returns

Introduction Just as we have different tax return forms for different purposes, The United States of America is no exception. U.S. also prescribes different types of tax returns for different purposes. The tax returns are differentiated on the basis of the income on which one is liable to pay taxes. This is similar to filing …

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Introduction to US Tax Returns

Introduction to US Tax Returns

Introduction to US Tax Returns Introduction Just as we have different tax return forms for different purposes, The United States of America is no exception. U.S. also prescribes different types of tax returns for different purposes. The tax returns are differentiated on the basis of the income on which one is liable to pay taxes. …

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External Affair Minister on a two day visit to UAE

India, Chile hold first joint commission meeting

India and Chile held their first joint commission meeting yesterday and agreed to add new momentum to their relations in a wide range of fields including trade and commerce, agriculture, health and social security, defence and space. The meeting held virtually was co-chaired byExternal Affairs Minister S Jaishankar and his Chilean counterpart Andres Allamand Zavala. …

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Corporate Tax in Dubai : An Overview

CORPORATE TAX IN DUBAI : AN OVERVIEW

Corporate Tax in Dubai : An Overview Dubai, a major business center in the Middle East has been treated as a tax haven for the Investors / Businessmen. The Taxation system is very satisfactory for the Businessmen and Investors. The corporate tax is set at a maximum rate in the oil and bank sectors in …

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INTRODUCTION TO INTERNATIONAL TAXATION

INTRODUCTION TO INTERNATIONAL TAXATION

Introduction to International Taxation International Taxation means taxation of cross-border transactions and entities. In other words, international taxation means levying of taxes by one country on transactions involving multiple nations, or tax on transaction in other nation, or tax on transactions in own nation by foreign entities. International Taxation comes into picture when we have …

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SINGAPORE TAXATION : BASICS TO CORPORATE TAXES IN SINGAPORE

Introduction The Fiscal Policy is the government’s means to influence and regulate the economy by means of revenue and expenditure. The two main tools of fiscal policy are – Taxation (for raising revenue and is the major source of Income for government). Expenditure (on public welfare for achieving desirable social and economic goals). Type of …

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