Tax
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Lawmakers React to Del Rio's Problem...18 Nov 2009, 7:55 PM CST Published : Wednesday, 18 Nov 2009, 7:55 PM CST HOUSTON - They live in Mexico, but your tax dollars are educating them. There they are the smiling faces of American children, proudly waving their American... In this article: Mario Gallegos, Del Rio, Texas, Dan Patrick, Tax, Mexico, United States, and Texas |
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Kansas City Star | 6 days ago
Illegal immigrants get prison time in Kansas refund case
...refund case WICHITA | Two illegal immigrants from Mexico have been sentenced to a year and a day in federal prison for stealing tax refund checks from Texas workers and using phony IDs to cash them in Kansas. </p><p>Magdalit Ramirez and...
In this article: Kansas, Texas, Austin, Defendant, and Houston
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TIME | November 02, 2009
Tax Cheats in Mexico Find U.S. Banks a Safe Haven
Tax Cheats in Mexico Find U.S. Banks a Safe Haven Foreign Tax Cheats Find U.S. Banks a Safe Haven By Ken Stier Thursday, Oct. 29, 2009 Washington has spent much of this year showing how tough it is on tax cheats. The Justice Department...
In this article: U.S., Mexico, Washington, Agustin Carstens, IRS, UBS, and Justice Department
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MarketWatch | 4 days ago
Latin American Markets: Bovespa down as Brazil slaps tax on ADRs
...the U.S. Starting Thursday, investors in ADRs of Brazilian companies will pay a 1.5% tax as part of the government's effort to cool the appreciation of the country's currency, the real, according to a Dow Jones Newswires report. The tax...
In this article: Bovespa, Brazil, U.S., Wall Street, Chile, Blunt instrument, Adjusted basis, and Inflation
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Indiana Times - The Economic Times | 5 days ago
Tax BPO services at 13% over cost: Deloitte
...for non-core services as well as emerging economies including Brazil, Mexico and in some form even in China. Foreign software and BPO services companies should be allowed to pay tax on a presumed rate of profit on inter-company transactions.
In this article: Transfer pricing, Revenue, Pranab Mukherjee, New Delhi, Sri Lanka, and Mexico
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Computer World | October 30, 2009
Mobile phone shipments show signs of improvement in Q3
...performed weaker than other areas. Mexico has experienced an increase in taxes for telecom services, personal taxes and value-added taxes, all of which have a negative impact on mobile phone sales. Market leader Nokia once again led for...
In this article: Motorola, Android, LG Electronics, Sony Ericsson, Samsung, Nokia, and U.S.
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Houston Chronicle | November 11, 2009
Trade feud with Mexico hurts Texas firms
...without the use of any electronics. Company spokesman Bill Van Den Brandt said he hadn't heard of the trucking battle until Mexico imposed a 10 percent tax on its imports of noncarbon paper. "It came out of the blue," he said. "We...
In this article: Mexico, U.S., North American Free Trade Agreement, Teamsters, and Houston
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boston.com - Latest world news | October 30, 2009
Mexico proposes limiting corporate tax deferments
...EASY PRINTING MEXICO CITY-Mexico pressed businesses to pay more taxes on Thursday, with the administration of President Felipe Calderon forwarding a proposal to limit corporate tax deferments to a maximum of five years. Calderon angrily...
In this article: Felipe Calderon, Mexico, All rights reserved, Revenue, Agustin Carstens, Mexico City, U.S., and Associated Press
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Huffington Post | November 12, 2009
Atlantic: Did Christianity Cause The Housing Crash?
...be hiding in the mountains of northern Mexico... The 2008 tax filing for the Goldman Sachs Foundation, a copy of which was provided by the firm late Wednesday, provides a glimpse of the... Ralph Cioffi, Matthew Tannin Verdict: Ex-Bear...
In this article: God, Jesus, Christianity, Derivative, Unemployment, Autism, and Tannin
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Description from Wikipedia:
To tax (from the Latin taxare: to estimate, which in turn is from tangere: to touch) is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state.
Taxes are also imposed by many subnational entities. Taxes consist of direct tax or indirect tax, and may be paid in money or as its labour equivalent (often but not always unpaid). A tax may be defined as a "pecuniary burden laid upon individuals or property to support the government […] a payment exacted by legislative authority." A tax "is not a voluntary payment or donation, but an enforced contribution, exacted pursuant to legislative authority" and is "any contribution imposed by government […] whether under the name of toll, tribute, tallage, gabel, impost, duty, custom, excise, subsidy, aid, supply, or other name."
In modern taxation systems, taxes are levied in money, but in-kind and corvée taxation are characteristic of traditional or pre-capitalist states and their functional equivalents. The method of taxation and the government expenditure of taxes raised is often highly debated in politics and economics. Tax collection is performed by a government agency such as Canada Revenue Agency, the Internal Revenue Service (IRS) in the United States, or Her Majesty's Revenue and Customs (HMRC) in the UK. When taxes are not fully paid, civil penalties (such as fines or forfeiture) or criminal penalties (such as incarceration) may be imposed on the non-paying entity or individual.
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