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Value Added Tax termed 'Goods and Services and Sales Tax on Luxury Goods' Law ("Undang-undang Pajak Pertambahan Nilai atas Barang dan Jasa dan Pajak Penjualan atas Barang Mewah"/UU PPN and PPn BM): Law No. 8/1983, amended I by Law No. 11/1994, amended II by Law No. 18/2000, amended III by Law No. 42/2009, partially amended by Law No. 7/2021;
The organization of the Directorate General of Taxes was originally a combination of some taxation units, such as : [1] [2] Tax Office (Jawatan Pajak), which is responsible for carrying out tax collection based on regulation and legislation;
20.1% (15% deductible tax + 45% healthcare and social security if an employee, 22.5% if self-employed) [84] 45.7% (peaks for employee gross annual income of $90,000 or more) 39% (for gross annual income of $450,000 or more) [ citation needed ]
For example, sales tax in Chicago (Cook County), IL is 10.25%, consisting of 6.25% state, 1.25% city, 1.75% county and 1% regional transportation authority. Chicago also has the Metropolitan Pier and Exposition Authority tax on food and beverage of 1% (which means eating out is taxed at 11.25%).
"We all have worked extremely hard and have taken every step to complete a going concern sale," Big Lots CEO Bruce Thorn said in a statement. "While we remain hopeful that we can close an ...
For the first time in a decade, rates of adult obesity in the United States have dropped, a new study has found.. The study followed nearly 17 million people, the majority of whom were in the 26 ...
Turkey expects foreign countries will withdraw support for Kurdish fighters in Syria following the toppling of Bashar al-Assad, President Tayyip Erdogan said, as Ankara seeks to isolate Kurds who ...
Note that the taxes paid by both the manufacturer and the retailer to the government are 10% of the values added by their respective business practices (e.g. the value added by the manufacturer is $1.20 minus $1.00, thus the tax payable by the manufacturer is ($1.20 – $1.00) × 10% = $0.02).