The purpose of the constructive receipt rule is to ensure that taxpayers pay income tax and can't delay or avoid those taxes by not taking possession of income. An individual is considered to be ...

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ISLAMABAD: In a significant development, the Federal Board of Revenue (FBR) has recorded a 54 per cent increase in sales tax collection from the sugar sector over the past two months, owing to the ...

While Ontario Premier Doug Ford is fighting U.S. President Donald Trump’s tariffs on Canadian imports, he’s also imposing a higher provincial tax burden on Ontario families than the previous ...

Maximize your tax refund with strategies like adjusting your withholding, contributing to retirement accounts, taking ...

Between April and January, inheritance tax receipts hit a record high of £7billion, an increase of £700million from the same period a year ago. Around two thirds of advisers expect there could ...

February receipts were adversely affected by a temporary pause in operations at the Department of Revenue as they transition to a new integrated tax system. The pause, which began on February 26 ...

Tax notice: The Income Tax Department has identified the list of persons relating to AY 2019-20, 2020- 21 and 2021-22 who did not file Income Tax Return despite having substantial income. These ...

Between October 2019 and March 2023, HMRC’s crackdown not only boosted tax receipts through PAYE taxes and corporation tax but also saw a decline in the establishment of new PSCs. The data indicates ...

A tax preparation checklist serves as your personalized roadmap through the filing process. Luckily, I've create this template to get ... February: Organize receipts and deduction documentation.

but have you ever wondered exactly where the taxes that you pay are going? With the city of Faribault’s newly launched tax receipt website, you can now find out.