Tax Reforms

Impact of Bitcoin on Tax

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Impact of Bitcoin on Tax - Bitcoin is a relatively new e-currency payment system that is not operated by a centralized government authority like...
Tax Reforms

Bitcoin Tax

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Bitcoin Tax - The lack of official information on cryptocurrency and bitcoin taxation is not making Canadian taxpayers’ lives easier. The Canada Revenue Agency...
Tax Reforms

Tax credits in USA

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Tax credits in USA. A tax credit is an amount of money that taxpayers can subtract from taxes owed to their government. The value...
Tax Reforms

The Tax Evasion

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The Tax Evasion- Tax evasion refers to any attempt to avoid payment of taxes owed by illegal methods. It is a crime in which...
Tax Reforms

Tax haven

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A tax haven or offshore financial center is any country or jurisdiction that offers minimal tax liability to foreign individuals and businesses. Tax havens...
Tax Reforms

Canadian Taxation for Seniors

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Seniors Canadian Taxation for Seniors - CRA allows seniors to claim a number of tax benefits on their returns. They are commonly entitled to receive tax...
Tax Reforms

Tax Filing Procedure for NRI

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Income Tax for NRI Tax Filing Procedure for NRI - We all know that taxes collected from citizens is the foundation of Indian Economy. Section...
Tax Reforms

Types of Taxing

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Types of Taxing - Every April we have to go through filing federal income taxes, on our own or with the help of a...
DEPRECIATION

Tax planning

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Tax Planning is an activity conducted by the taxpayer to reduce the tax liable upon him/her by making maximum use of all available deductions,...
Tax Reforms

Tax Filing Procedure For Residents

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Tax Filing Procedure For Residents. In Canada, income tax is administered by the Canada Revenue Agency (CRA). The Canadian income tax year is from...
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