In 2018, the Australian Taxation Office released new rules that allowed car rental companies to tax their rental income on the first $4,000 of the property's value.The rule, which came into effect on February 1st, allows rental companies, such as car rental company CPA and car rental platform RentBuddy, to tax the rental income of a rental property based on
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I have been thinking about quitting my job.I was in my early thirties when I first started my job at a major financial services company in Toronto.I thought I was doing a great job, but when I went on maternity leave in 2006, I realized I was paying tax on income I didn't earn, even though I did not file
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New Jersey voters are about to be handed a huge tax refund thanks to the Governor's tax refund package.The New York Times reports that Gov.Chris Christie's administration is rolling out the program in the state this week.Here's what it looks like:New Jersey has been grappling with the aftermath of Superstorm Sandy.In addition to $4.7 billion in tax refunds to businesses
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Posted September 25, 2018 03:16:23A new bill in the U.S. House of Representatives has the potential to drastically change how tax incentives for video games are handled.Under the bill, gaming companies would no longer have to pay income taxes on revenue generated from their games.Instead, they could pay a special tax on the sale of the game or add it
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The corporate tax rate has dropped to a historic low of 21.5%, according to new data from the Internal Revenue Service.The tax cut was announced last month as President Donald Trump sought to boost corporate profits and tax revenues.The average effective corporate tax rates have fallen from 33% to 16% since 2001.That's the first time in US history the average
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