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Topic: Direct tax


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Tax

  
  Direct tax - Wikipedia, the free encyclopedia
In the colloquial sense, a direct tax is one paid directly to the government by the persons (legal or natural) on whom it is imposed (often accompanied by a tax return filed by the taxpayer).
In this sense, a direct tax is contrasted with an indirect tax or "collected" tax (such as sales tax or value added tax (VAT)); a "collected" tax is one which is collected by intermediaries who turn over the proceeds to the government and file the related tax return.
Traditionally a direct tax in the constitutional sense means a tax on property "by reason of its ownership" as well as a capitation (a "head tax").
en.wikipedia.org /wiki/Direct_tax   (318 words)

  
 Tax - Wikipedia, the free encyclopedia
Taxes are sometimes referred to as direct tax or indirect tax.
However, direct withholding also has some drawbacks: it puts part of the burden of processing taxes on the employer, and it also complicates matters when the employee is in a situation where he or she should pay significantly less or more than what is expected from its salary (because of tax-deductible expenses, or side revenues).
A carbon tax is a tax on the consumption of carbon-based non-renewable fuels, such as petrol, diesel-fuel, jet fuels and natural gas.
en.wikipedia.org /wiki/Tax   (6126 words)

  
 CITES BY TOPIC: direct tax
Either it places a tax on the whole of something because of ownership and falls on the owner of the thing taxed, or it is a tax on a species of property or on a natural person, a tax on the existence of the thing taxed.
It is not a tax on consumption, nor a tax on an identified activity, nor a tax on a privilege, nor a tax on the happening of an event.
Nor is it a tax on the existence of the real estate, as the amount of the tax is measured by the degree to which the property is successfully managed.
famguardian.org /TaxFreedom/CitesByTopic/DirectTax.htm   (1672 words)

  
 Tax Protester FAQ
The federal income tax is unconstitutional because it is a "direct tax" that must be apportioned among the states in accordance with the census.
The court decisions against tax protesters are all rendered by ignorant, corrupt judges who have a vested interest in maintaining the status quo because their salaries are paid by the income tax and they are not going to bite the hand that feeds them.
Tax protesters (and white supremecists) also argue that the phrase "subject to the jurisdiction thereof" excludes those born within the states of the United States because only those born in the District of Columbia and the territories of the United States are "subject to the jurisdiction" of the federal government.
evans-legal.com /dan/tpfaq.html   (17318 words)

  
 Idaho Observer: Taxes on Wages and Salaries are Direct
A tax on wages was considered a direct tax and, therefore, a violation of the apportionment clause in the Constitution with regard to direct taxation.
On the issue of income taxes in general, there exists among the circuit courts every conceivable interpretation as to whether or not the constitutional classification of the income tax is direct, indirect, neither, both or irrelevant.
A direct tax on a slave is a tax on labor.
proliberty.com /observer/20020814.htm   (3590 words)

  
 Income Tax
Direct taxes must necessarily have a limited life span.
Think of a homeowners association that levies a direct tax to fix a common ingress road.
There is a difference between a direct tax and an indirect tax.
allrelative.org /incometax.html   (692 words)

  
 Direct tax records help recreate Colonial landscape (02-27-92)
Although it was a federal tax designed to fund any future wars with Great Britain, it was up to localities to keep records and levy the taxes, and many of the documents have been lost.
Other Direct Tax records are in private or state historical collections, or, as is the case of the southeastern states, have disappeared.
For the Direct Tax, a property owner was required to list name and occupation and describe his or her principal dwelling in terms of construction materials, square footage, the number of stories, Herman said.
www.udel.edu /PR/UpDate/92/21/7.html   (769 words)

  
 New York's 529 College Savings Program Direct Plan - Tax Benefits
The applicable federal, state, and local tax rules are complex, certain of the rules are at present uncertain and their application to any particular person may vary according to the facts and circumstances specific to that person.
Tax and other benefits are contingent on meeting other requirements, and certain withdrawals are subject to federal, state and local taxes.
Tax benefits are subject to certain limitations and certain withdrawals are subject to federal, state and local taxes.
nysaves.uii.upromise.com /content/programInfo/taxBenefit.html   (1085 words)

  
 Promotional Materials: Electronic Funds Transfer (EFT) Programs and Systems: Financial Management Service   (Site not responding. Last check: 2007-10-29)
Direct deposit has been available for 30 years and has a proven track record of being safe, reliable and convenient.
So, the fastest and safest way to receive your federal income tax refund is to use IRS' electronic filing, e-file, to file your return and to request direct deposit of your refund into your checking or savings account at a bank, credit union, thrift, mutual fund company or investment firm.
Direct Deposit has been available for more than 30 years and has proven to be safe, reliable, and convenient.
www.fms.treas.gov /eft/promotional/ddtaxrefund.html   (640 words)

  
 Direct tax receipts at Rs10200cr - Sify.com   (Site not responding. Last check: 2007-10-29)
Direct tax receipts in the fiscal year ended March 2004 were Rs1.02 trillion, marginally lower than the Rs1.03 trillion estimated by the government, a senior finance ministry official said on Monday.
Officials said total tax revenues in 2002/2003 were Rs 80595 crore, of which total corporate tax receipts were Rs 45700 crore and income tax receipts Rs.2500 crore.
He said the buoyancy in tax receipts was due to healthy industrial output, increased profitability of corporates and low interest rates.
sify.com /finance/tax/fullstory.php?id=13447631   (221 words)

  
 NWV Exclusive -- Income Tax Improperly Enforced on Employees as a Direct Tax
The critical difference is that a collection of income tax as an excise allows for the deduction of all living expenses since they are seen as necessary for the maintenance and conservation of one's income producing property, one's labor.
Other tax experts like Joseph Banister, a former IRS Criminal Investigator, have been attempting to get the facts out to the American people for years regarding the income tax laws, their misapplication and what he calls out and out fraud.
Under "direct tax" it states "A tax that cannot be shifted to others, such as the federal income tax." This definition is very general and what is meant by this statement depends upon further analysis and consideration of other factors.
www.newswithviews.com /NWVexclusive/exclusive49.htm   (1134 words)

  
 Noted Tax Historian's Book Declares U.S. Income Tax as Direct Tax is in Violation of Long-established U.S. Supreme ...
TALLAHASEEE, FL -- John Garrison, prominent tax law historian and legal specialist at Florida's Office of the Attorney General, today announced that the income tax is being erroneously enforced on employees as a direct tax rather than as the excise mandated by the Sixteenth Constitutional Amendment.
The current enforcement as a direct tax is costing working Americans thousands of improperly collected tax dollars over the course of their lifetime.
Union Pacific that an income tax is an excise tax, and that it is to be enforced as such.
www.publishersnewswire.com /print/news_0054.shtml   (421 words)

  
 domain-B : Indian business : economy : Direct Tax proposals on expected lines
Neither has any new direct tax has been introduced nor will there any change in the direct tax rates for the coming financial year.
A new section 115BBC has been introduced to tax anonymous voluntary contributions (donations) received from April 1, 2006, onwards by universities, certain educational institutions, hospitals, etc, referred to under section (u/s) 10(23C) or to charitable trusts and institutions referred to u/s 11, at a flat rate of tax of 30 per cent.
Presently, u/s 115R (2), dividend distribution tax is not payable on incomes distributed by open-ended equity-oriented funds, as defined, to the unit holders.
www.domainb.com /economy/budget/union_budget_2006/20060303_proposals.html   (1000 words)

  
 Student Homepage
A direct tax is one that the taxpayer pays directly to the government.
An indirect tax can be passed on to another person or group.
Activity 1: Classifying Direct and Indirect Taxes-Classify taxes as Direct or Indirect.
www.irs.gov /app/understandingTaxes/servlet/IWT4L4ol   (224 words)

  
 Tax Refunds & Tax Rebates Service
Tax Refunds are your responsibility, the Inland Revenue may not tell you if you are owed money by the tax man. We estimate that £4 Billion will remain unclaimed this year.
The survey is free to use and instantly tells you if you have a valid claim for a repayment of tax.
Claims can be made for any tax overpayment in the last 6 tax years, i.e.
www.refundsdirect.co.uk   (326 words)

  
 Tax avoidance disclosure - Direct tax avoidance disclosure rules - UK
The tax avoidance disclosure (TAD) measures are part of the Government's drive to increase transparency in the tax system and counteract abusive planning running 'counter to the intentions of Parliament'.
But if the tax department develops tax planning involving companies other than group members, for example where there is a joint venture, this would fall within the promoter definition and if the planning was within the scope of the rules, would create an obligation to notify HMRC within five working days.
HMRC guidance makes it clear they expect tax departments of large organisations to establish systems ensuring those involved or potentially involved with disclosable arrangements are identified and that proper disclosure occurs.
www.pwcglobal.com /extweb/insights.nsf/docid/62b71c909805d24580256ea10039083f   (1188 words)

  
 Finance - Direct Equity Tax Credit
The Direct Equity Tax Credit Program (DETC) is designed to encourage private investment in new or expanding small businesses as a means of creating new jobs and diversifying the economy.
An investment credit, in the form of a provincial income tax credit, is available to individuals and arm’s length corporations who invest as shareholders in eligible small business activities.
An official tax credit receipt must be submitted with the individual's T1 Income tax return or the corporation’s T2 income tax return.
www.fin.gov.nl.ca /fin/direquity.html   (195 words)

  
 The leading online resource for tax advisors - Tax Zone
TAX NEWS: HMRC job cuts 'to cause £240m in uncollected taxes'.
Rebecca is a lecturer, writer and consultant on a variety of taxes.
She then worked as tax director overseeing company taxation for a year and a half before setting up her own tax consultancy.
www.accountingweb.co.uk /tax/index.html   (381 words)

  
 Direct Tax Notifications
Draft amendments in the Income Tax Rules, 2002, proposed to be made in exercise of the powers conferred by Income Tax Ordinance, 2001 (XLIX of 2001)
Amendments in the Income Tax Rules, 2002, proposed to be made in exercise of the powers conferred by sub-section (1) of section 237 of the Income Tax Ordinance, 2001 (XLIX of 2001)
Federal Government is pleased to direct that the following further amendment shall be made in the Se Federal Government is pleased to direct that the following amendment shall be made in the Notificati
www.cbr.gov.pk /newdt/sros.asp   (412 words)

  
 Precision Direct - 2001 Tax Form Processing   (Site not responding. Last check: 2007-10-29)
All tax forms will be prepared and postmarked no later than January 31, 2002 for delivery to member recipients, pending the arrival of transmitted data or your machine readable data/tape(s), diskette(s) and balancing information at PDI no later than January 15, 2002.
Data/tapes received prior to January 15th will be processed and mailed earlier, and tapes received after the 15th will be processed on a first in/first out basis.
Once you have determined the total number of forms to be mailed, refer to the enclosed Postage Prepayment sheet for new instructions this year.
www.precisiondirect.com /content/taxes2001.shtm   (321 words)

  
 Massachusetts and Maine 1798 Direct Tax - New England Historic Genealogical Society   (Site not responding. Last check: 2007-10-29)
This important resource may be used as a companion to the 1800 U.S. Federal Census, and to track the movement of individuals between the 1790 and 1800 censuses.
The tax lists were in the process of being destroyed when they were saved by an alert clerk at the Boston Customs House.
Below you will find links to a list of missing towns as well as an index to the tax lists and guide to counties that are included in the database.
www.newenglandancestors.org /research/database/mmt/default.asp   (327 words)

  
 Direct tax collections up 22.84% - Sify.com
India's net direct tax collections in the current fiscal have surged 22.84 per cent at Rs 66,761 crore till January 15, the Finance Ministry said today.
On current trends, the total net direct tax collection for 2003-04 is estimated to be Rs 10,000 crore higher than the target of Rs 95,569 crore, Revenue Secretary Vinita Rai said.
Corporate tax collections were 32.96 per cent higher at Rs 38,870 crore, up from Rs 29,233 crore, while income tax collections went up from Rs 25,116 crore to Rs 27,892 crore.
sify.com /finance/fullstory.php?id=13367101   (143 words)

  
 Direct Tax
A direct tax cannot be shifted to others.
Indirect taxes, such as tariffs and business taxes, can be shifted to others.
A good example of a direct tax is the Federal income tax.
www.wwwebtax.com /glossary/direct_tax.htm   (41 words)

  
 Web Based Payroll Direct Deposit Electronic Tax Filing EFTPS
Direct Deposit means automatically depositing your employees' net payroll amounts into the employees' bank accounts.
If you choose Direct Deposit, we automatically deposit your approved paychecks into your employees' accounts on payday, by way of the Electronic Payments Association (NACHA or ACH), a long-established electronic funds transfer system used by banks.
When you approve an electronic federal tax payment, we transmit a payment record to the IRS that contains the amount of the payment, the date of withdrawal, and your EFTPS account information.
www.paycycle.com /services/faq.jsp?catId=11   (1164 words)

  
 SSRN-Interpreting the Sixteenth Amendment (by Way of the Direct-Tax Clauses) by Erik Jensen
Under the direct-tax clauses, a direct tax must be apportioned among the states on the basis of population, making such a tax difficult, although not impossible, to implement.
Following the Supreme Court decisions in the 1895 Income Tax Cases, which held that an 1894 income tax was a direct tax that had not been properly apportioned, the Sixteenth Amendment, ratified in 1913, exempted "taxes on incomes" from the apportionment requirement.
If Congress were to enact such a tax (a wealth tax is a good example), the tax would have to be apportioned.
papers.ssrn.com /sol3/papers.cfm?abstract_id=790546   (385 words)

  
 On what authority is the direct income tax based?   (Site not responding. Last check: 2007-10-29)
The "Income Tax Act" was passed in the fall of 1913 after the 16th was passed in February earlier that year apparently basing its authority on the 16th.
And therefore the "Income Tax Act" of 1913 was not authorized by the 16th as previously put forth.
This was the Federal Income Tax Act of October 3, 1913 which supposedly imposed the direct graduated income tax on income that became subtitle A of the IRC today.
www.wealth4freedom.com /truth/2/1040.htm   (1203 words)

  
 Tax credits : Directgov - Money tax and benefits   (Site not responding. Last check: 2007-10-29)
Tax credits – how to renew your award, what information you’ll need and reporting a change to your circumstances
Tax credit decisions – when and how to appeal if you disagree with a decision, and how to get free advice
Why your tax credits award may be checked, what you should do if it is and what happens during and after the check
www.direct.gov.uk /MoneyTaxAndBenefits/BenefitsTaxCreditsAndOtherSupport/TaxCredits/fs/en   (232 words)

  
 The Law says WHAT!?
Amendment of 1913 authorized a direct tax on the income of US Citizens living and working in the states of the Union.
Amendment could not authorize a direct tax on income because it contradicts the Constitution which does not allow a direct tax on the income of US Citizens without apportionment.
Amendment did was clarify that the income tax referred to in the language of the Amendment was an indirect excise tax, NOT a direct tax on the incomes of US Citizens as we have been lead to believe all these years.
www.taxtruth4u.com /code.html   (2138 words)

  
 Direct Tax Refund Records
These records consist of the manuscript records of individual claims for refunds of 1861 federal tax.
Each records shows the name of claimant, district number, and amount of tax refund due.
Records also include signature of claimant, date of certification of claim and signature of refunding tax commissioner.
www.state.de.us /sos/dpa/collections/civilwar/cw21a.shtml   (72 words)

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