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Business > Income Tax
The following information is about Income Tax.
Income Tax Defined
A tax levied directly on the income of a person or a company and paid to the local, state, or federal government.
This definition is in context to Business. See more contextual defintions for Income Tax.
Ship-breaking industry gets tax relief from SC
Published December 5, 2008, 4:53 am, Business Standard India
The ship-breaking industry can now claim heavy deductions from their taxable income following a recent Supreme Court order.
Cross words
Published December 5, 2008, 4:43 am, BBC News
John Knox looks back at a week of Holyrood battles
MSPs never tire of the Saltire
Published December 5, 2008, 4:42 am, BBC News
A week is a long time in the Scottish parliament, by John Knox
Royal Bank of Canada reports fourth quarter and 2008 results
Published December 5, 2008, 4:30 am, CNW Group via Yahoo! Finance
Royal Bank of Canada today reported net income of $4,555 million for the year ended October 31, 2008, down $937 million or 17% from $5,492 million a year ago. Earnings over last year were reduced by writedowns of $2,785 million before-tax and higher provisions for credit losses primarily in our U.S. banking business.
Ask AP: Bottom-up bailouts, gas pump tampering
Published December 5, 2008, 4:29 am, Boston Globe
If troubled automakers and banks need government bailouts, why not give their customers federally financed vouchers to help cover car and mortgage payments -- so both consumers and companies could benefit from the money?
Silver Spring supervisors grapple with budget
Published December 5, 2008, 4:26 am, The Sentinel
For Silver Spring Township supervisors, Tuesday night’s budget meeting meant belt-tightening time.
State near top in stock reliance
Published December 5, 2008, 4:09 am, Worcester Telegram & Gazette
BOSTON - Capital gains taxes may be the ultimate fiscal narcotic, producing soaring revenue highs in flush times, followed by crashing budget lows when the economy tanks.
Groups say, 'No New Taxes' :Residents organize against local option income taxes.
Published December 5, 2008, 4:09 am, South Bend Tribune
SOUTH BEND -- Local government watchdog groups are mustering forces to fight resolutions by the Common Council and St. Joseph County Council that could raise local option income taxes.
Dwindling Capital Gains Taxes Add To Mass. Woes
Published December 5, 2008, 4:01 am, WBZ Boston
A new report finds that states that boosted their spending in part by relying on spikes in capital gains taxes -- taxes on the profits from sales of assets like stocks and bonds -- are now dealing with budget hangovers after years of pulling in big revenues. Massachusetts is a prime example.
Flow International Announces Fiscal 2009 Second Quarter Results
Published December 5, 2008, 4:00 am, PR Newswire via Yahoo! Finance
Flow International Corporation , the world's leading developer and manufacturer of industrial waterjet machines for cutting and cleaning applications, today reported results for its fiscal 2009 second quarter ended October 31, 2008.
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Off-site Income Tax Links, User Submitted
The following links have been collected through user bookmark submission in the Income Tax category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.
Fri Dec 5
Thu Dec 4
- Free Tax Return Preparation For You by Volunteers: The VITA Program offers free tax help to low- to moderate-incom e (generally, $42,000 and below) people who cannot prepare their own tax returns. Certified volunteers sponsored by various organizations receive training to help prepare basic tax returns in communities across the country. VITA sites are generally located at community and neighborhood centers, libraries, schools, shopping malls, and other convenient locations. Most locations also offer free electronic filing. To locate the nearest VITA site, call 1-800-829-1040 .
Wed Dec 3
- http://federal -income-tax-he lp.creddibl.co m
- http://taxes.g laffix.com
- Online Tax Software vs Desktop Tax Software | Is Online Tax Software or Desktop Tax Software Better?: Should you prepare your income tax return using online tax software, or should you use tax software installed on your computer desktop? Learn about the differences between online tax software and tax software that runs from your computer' s hard drive and choose the tax software that works best for you.
- Calculate Your Income Tax Liability in India For Year 2008-09: income tax planning
Tue Dec 2
- Many Tax Myths Still Have a Hold on Taxpayers, CCH CompleteTax Survey Finds: I can use this to work it into something for the Taxx Doctor to put out as a survey ... and I can offer 6 months of free membership.
- taxes federal income taxes and online tax information
- 2002 income tax deductions
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