Where results make sense

About us   |   Why use us?   |   Reviews   |   PR   |   Contact us

Dividend tax - Wikipedia, the free encyclopedia Double taxation falls especially hard on retired people. When corporations decide how to raise their capital, they see that the interest payments on debt are taxed only once while the dividend payments on equity are taxed twice, thus the tax system favors going into debt and becoming highly leveraged. Double taxation of corporate dividends ceased to exist in Australia on 1987 after the introduction of "Dividend Imputation." en.wikipedia.org /wiki/Dividend_tax   (520 words)

Dividend tax -- Facts, Info, and Encyclopedia article   (Site not responding. Last check: 2007-11-07) Double taxation falls especially hard on (Click link for more info and facts about retired) retired people. When corporations decide how to raise their capital, they see that the interest payments on debt are taxed only once while the dividend payments on equity are taxed twice, thus the tax system favors going into (Money or goods or services owed by one person to another) debt and becoming highly leveraged. The double tax on dividends thus increases the depth of recessions in the (Recurring fluctuations in economic activity consisting of recession and recovery and growth and decline) business cycle. www.absoluteastronomy.com /encyclopedia/d/di/dividend_tax.htm   (646 words)

Wampum: Double Taxation? The key to being “double taxation” is not that the same money is taxed twice but that the same person is taxed twice on the same money. The double taxation argument rests on the premise that the corporation and the shareholders are the same. Double taxation of dividends is a republican bugaboo. wampum.wabanaki.net /archives/001966.html   (1216 words)

Double Taxation Treaties Double Taxation Treaties are conventions between two countries that aim to eliminate the double taxation of income or gains arising in one territory and paid to residents of another territory. The entry into force of the double taxation convention with Australia was announced in a press release Double Taxation Convention: Australia on January 19th 2004. Double Taxation Treaties (UK) - complete listing of the Statutory Instruments that form the UK's Tax Treaties and amending Protocols as at 1 April 2000, provided by the Inland Revenue as part of their international programme pages. www.icaew.co.uk /library/index.cfm?AUB=TB2I_25798,MNXI_25798   (2286 words)

The Estate Tax, "Double Taxation," and Carry-Over Basis -- 7/7/00 Among the issues raised is whether the estate tax constitutes double taxation. In addition, the proposed changes are similar to ones enacted in the 1970s that were found to be so complicated as to be unworkable and repealed before they took effect. Some of the capital gains income that escapes taxation under the income tax may be taxed under the estate tax. www.cbpp.org /7-7-00tax.htm   (1186 words)

Malta Double Taxation Relief : Chetcuti Cauchi Rechtsanwälte, Malta Tax Anwaltskanzlei   (Site not responding. Last check: 2007-11-07) Before the 1994 amendments, double tax relief was only available in Malta under the domestic provisions of the Income Tax Act if the foreign tax had been suffered in a country with which Malta has a double tax treaty or in respect of British Commonwealth income tax. Malta allows relief from double taxation on a unilateral basis where overseas tax is suffered on income received from a country with which Malta does not have a tax treaty. The provisions regarding unilateral relief are available where double taxation relief under a double tax treaty and relief in respect of British Commonwealth income tax are not available to the person making the claim. www.cc-advocates.com /de/steuerrecht/malta-double-taxation-relief.htm   (360 words)

DOUBLE TAXATION OF DIVIDENDS The notion of the double taxation of dividends is predicated on the assumption that it is income that is being taxed. The “double taxation” of dividends is often cited as one of the disadvantages of the corporate form of business organization. Finally, in all aspects of the activities of the corporation it is considered independent of its shareholders, and double taxation is an integral part of this separation. www.westga.edu /~bquest/2002/double.htm   (2508 words)

Goin After Double Taxation   (Site not responding. Last check: 2007-11-07) Double taxation is both unfair and inefficient, critics point out. It is unfair because the dividends of all shareholders, regardless of their income, are net of the same 35 percent income tax paid at the corporate level. This double taxation is inefficient because it raises the cost of capital -- resulting in reduced investment, less growth, fewer jobs and lower wages. www.ncpa.org /pi/taxes/double.html   (304 words)

The Revised 1996 Double Taxation Agreement In broad terms, double taxation is the taxation by tax authorities in different countries of the same sources of income for a certain time period. Estate taxation (This issue, however, is covered by the Treaty of July 9, 1951 between the United States and Switzerland for the avoidance of double taxation with respect to taxes on estates, see IX. Estate taxation is not covered by the 1996 Revised Convention Between the United States of America and Switzerland for the Avoidance of Double Taxation With Respect to Taxes on Income. www.eda.admin.ch /washington_emb/e/home/legaff/Fact/96agre.html   (3598 words)

CCH Business Owner's Toolkit | Avoiding Double Taxation Thus, the double taxation concept does not apply to LLCs (unless, of course, an LLC elected to be treated as corporation for federal income tax purposes, which would be a rare occurrence). In addition, most small corporations elect subchapter S status, which means that the corporation itself will pay no income taxes, and double taxation of dividends will not apply. In short, the absence of double taxation of dividends in the LLC may not be of much benefit to the small business owner because double taxation can usually be avoided in the corporation too, through payments of salary to the owner. www.toolkit.cch.com /Text/P12_4765.asp   (579 words)

law.com - Corporate Tax Law Wipes Out 'Double Taxation' on Contingency Fees The Internal Revenue Service has favored double taxation for years, and its policy is the subject of two cases set for argument at the Supreme Court Nov. 1. This double taxation has been challenged in court, with mixed success, as a powerful disincentive for public interest and civil rights litigation. Even though they are on the other side of affected litigation, businesses did not like the double taxation policy because it would jack up the cost of settling suits to compensate for the extra tax payments. www.law.com /jsp/article.jsp?id=1097510717363   (898 words)

S.I. No. 209/1995: DOUBLE TAXATION RELIEF (TAXES ON INCOME AND CAPITAL GAINS) (UNITED KINGDOM) ORDER, 1995. The existing Double Taxation Convention between Ireland and the United Kingdom was signed at Dublin on 2 June, 1976 and amended, prior to being given the force of law in both countries, by way of a Protocol signed at Dublin on 28 October, 1976. This 1975 arrangement was not affected by the terms of the 1976 Double Taxation Convention as that Convention did not contain provisions applicable to contributions paid to pension schemes. The definition of "associated employer" and "control" are standard definitions for the purposes of company taxation and they are necessary here because the Protocol provisions are intended to cover the situation where an employee will be transferred within a group of closely linked companies, viz. www.irishstatutebook.ie /ZZSI209Y1995.html   (1463 words)

taxation --  Britannica Student Encyclopedia   (Site not responding. Last check: 2007-11-07) With the majority of the population earning very low incomes, direct taxation falls on the few rich; income-tax rates are made sharply progressive in an attempt to achieve a degree of equality in income distribution. The government derives its revenue from three major sources: taxation, earnings and other credits, and extraordinary income, including the transfer from special funds (that is to say, funds derived primarily from unexpended balances in the budget that are deposited as savings accounts). Taxation as the responsibility of free citizens is a modern concept that originated with the emergence of... www.britannica.com /ebi/article-9277277   (761 words)

NCPA - Opinion Editorial - Eliminating Double Taxation of Dividends is Smart Double taxation encourages companies to retain earnings rather than pay dividends. Another widely commented upon result of double taxation is encouraging companies to raise capital through debt rather than equity. This estimate is consistent with the experience of New Zealand, which completely abolished double taxation of corporate income in 1988. www.ncpa.org /edo/bb/2003/bb010803.html   (850 words)

Indiantelevision.com > News Headlines >Double taxation: Karnataka MSOs call off strike following government ... The strike had been called to protest what the MSOs had described as the "arbitrary demand of double taxation by the government". MSOs across the state, on 1 October evening, stopped signals protesting the government's decision to impose a "double taxation." Now the strike is withdrawn after the government has expressed its willingness to continue with the single point taxation system. In response, the MSOs have said they appreciated the government's promise to remove the "double taxation" and the assurance that no harassment will be initiated by the Commercial Taxation Department (CTD). www.indiantelevision.com /headlines/y2k5/oct/oct26.htm   (313 words)

definition of taxation   (Site not responding. Last check: 2007-11-07) Taxation in the United States is a complex system which may involve payments to at least four different levels of governmentLocal government. However, the issue of whether the measure complained of falls within the definition of taxation measures at paragraph [ ] below shall be decided first. On 22 July 2003, the Treasurer announced the release of exposure draft legislation on the definition of a charity, and asked the Board of Taxation to. taxation.financemaverick.com /definition-of-taxation.html   (295 words)

Namibia agrees to double taxation with Indonesia   (Site not responding. Last check: 2007-11-07) The government has approved that the double taxation agreement be concluded with the government of Indonesia. One of the purposes of a double taxation agreement is to promote greater inflow of foreign investments from developed countries on conditions, which are politically acceptable as well as economically and socially beneficial to countries who ratify such an agreement. The statement said the prevention or elimination of double taxation stimulates the free flow of international investment, trade and the transfer of technology. www.economist.com.na /2003/10oct/10-10-13.htm   (203 words)

Protecting Seniors from Double-Taxation Many economists have long argued that the double taxation of dividends reduces the after-tax return on capital in the nation’s economy and thus discourages corporate investment. Empirical evidence indicates that eliminating the double taxation of dividends would lower the cost of capital and, in turn, increase investment and economic growth. The Administration proposes to end the double taxation of dividends by allowing individuals to "exclude" dividends from their tax return, while preserving the current 35 percent corporate tax that is imposed on this income. www.heritage.org /Research/Taxes/test021103.cfm   (2743 words)

DCBA Brief, June 2003 - Elimination Of the Double Taxation On Corporate Dividends • First, double taxation creates a bias in favor of debt as compared to equity, because payments of interest by the corporation are deductible while returns on equity in the form of dividends and retained earnings are not. The proposal to eliminate the double taxation on corporate dividends is part of the larger Jobs and Growth Tax Act of 2003, which also contains provisions that accelerate the reductions of marginal tax rates and several other tax cuts that were part of the tax relief enacted in 2001. By eliminating double taxation, the proposal will reduce tax-induced distortions that, in the current tax system, encourage firms to use debt rather than equity finance and to adopt noncorporate rather than corporate structures. www.dcba.org /brief/junissue/2003/art20603.htm   (2485 words)

HM Revenue & Customs: Applications and Claims by Non-residents under Double Taxation Treaties Each treaty is called either a 'Double Taxation Agreement' or a 'Double Taxation Convention', depending on the wording of the treaty. If you are a resident of a country with which the UK has a double taxation treaty, you may be able to claim exemption or partial relief from UK tax on certain types of income from UK sources. After completion, the form needs to be certified by the taxation authorities of your country of residence to confirm that you are a resident of that country. www.hmrc.gov.uk /cnr/app_dtt.htm   (1415 words)

Bruce Bartlett on Double Taxation on NRO Financial However, his suggestion that the double taxation of corporate profits should be relieved probably has the greatest political potential. There are a number of ways that double taxation of corporations could be relieved. In any case, the administration is unlikely to propose full elimination of double taxation — although Rep. Christopher Cox (R., Calif.) has already done so (H.R. It will probably propose a partial dividend exclusion such as that which existed from 1954 to 1986. www.nationalreview.com /nrof_bartlett/bartlett091602.asp   (909 words)

[Barstool] Ending Corporate Dividend Double Taxation   (Site not responding. Last check: 2007-11-07) The article did an excellent job of summarizing the behavioral response to dividend taxation by stockholders and corporate decision makers. > > The double taxation of corporate dividends could be ended by > allowing corporations to deduct 100% of their dividend payments (on both > preferred and common stock), just as they now deduct interest payments > as a business expense. Alternatively, the double taxation of corporate > dividends could be ended by excluding dividends received from the > personal income tax definition of taxable income. maillists.uci.edu /mailman/public/thebarstooleconomists/2002-December/000440.html   (1029 words)

Double Taxation   (Site not responding. Last check: 2007-11-07) Taxation, even when considering the wonderful value it is.. If you are a British subject and arrive in Spain to take up residence, double taxation problems arise almost immediately. The UK tax authorities require that a person be absent from the UK for a full tax year at least, before he is no longer liable for British income tax. www.spanishpropertyco.com /51.htm   (971 words)

Double  Taxation of Dividends - A Long-Running Republican Scam. Gates instituted a dividend because he had pretty good knowledge that taxation of dividends would be ended by this administration, but I'll suggest it anyway.) After four quarters of dividend checks, Alice has received a yearly dividend income of $10,000. She is required to pay income tax on this, at the rate of 15 percent. This is double taxation of dividends and vastly unfair. www.opednews.com /group040804_dividends.htm   (612 words)

NathanNewman.org The article is based on a report by the Institute on Taxation and Economic Policy from 2000 that detailed tax avoidance by corporations in the 1990s. The rhetoric of "double taxation" has no relation to the reality of how corporate profits are measured, what amount gets taxed, and how much is paid in dividends. Posted by: Scott Cattanach at January 7, 2003 11:11 PM The double taxation occurs at the corporate income tax level, and the individual level. www.nathannewman.org /log/archives/000672.shtml   (1875 words)

Essay on Double Taxation Relief INTRODUCTION The purpose of this paper is to provide a means to minimize or eliminate double taxation through double taxation relief, to reduce the risk of under taxation by promoting cooperation among countries. As far as we know lower overall taxation encourages trade and investment as well as opportunity for growth and profits. The possibility of double taxation arises when two or more countries claim simultaneous jurisdiction to tax the same income. www.dedicatedwriters.com /paper/Double_Taxation_Relief-162806.html   (106 words)

Try your search on: Qwika (all wikis)

About us   |   Why use us?   |   Reviews   |   Press   |   Contact us   Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.