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However, if their gross sales (or gross receipts plus other non-operating income) does not exceed the VAT threshold, they have the option to be taxed either on the basis of the income tax schedule for individuals and the applicable percentage taxes, or just with a flat tax rate of 8% on their gross sales (or gross receipts plus other non ...
Section 284 of the Local Government Code of the Philippines (RA 7160) sets up the formula for the distribution of the allotment. All or nearly all of the revenue that a local government has to spend comes from their IRA, though some local governments also have additional local sources of revenue such as property taxes and government fees.
In India, there is a provision of refund of excess tax along with interest. For claiming a refund one has to file the income tax return within a specified period. However, under Sections 237 and 119(2)(b) of the Income Tax Act, the Chief Commissioner or Commissioner of Income Tax are empowered to condone a delay in the claim of a refund. [15]
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Visit irs.gov/refunds or use the IRS2Go mobile app to see the latest information on your tax return and refund. You can also get information on your tax year 2022 or 2021 refunds.
Taxpayers with troubling challenges — such as questions about a tax bill or an IRS audit — could benefit from special Saturday hours on April 13 at the IRS taxpayer assistance center in Detroit.
In addition to property tax, the city levies an income tax of 2.4% on residents, 1.2% on non-residents, and 2.0% on corporations since 2013. [17] Revenue is also obtained from utility taxes, hotel excises and from the Detroit-owned Water and Sewer system that provides most of the fresh water and sewage treatment facilities within the ...
Eligible homeowners have until Dec. 11 to sign up for a 2023 poverty tax exemption and see a reduction in their property taxes. Detroit homeowners can get help applying for 2023 property tax ...