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  2. Taxation in Canada - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_Canada

    The Parliament of Canada entered the field with the passage of the Business Profits War Tax Act, 1916 [17] (essentially a tax on larger businesses, chargeable on any accounting periods ending after 1914 and before 1918). [18] It was replaced in 1917 by the Income War Tax Act, 1917 [19] (covering personal and corporate income earned from 1917 ...

  3. Payment in lieu of taxes - Wikipedia

    en.wikipedia.org/wiki/Payment_in_lieu_of_taxes

    For many municipalities in the United States, property taxes are the primary source of revenue. The amount of forgone tax revenue as a result of these tax-exempt land parcels is significant. The president of the city council of Baltimore, MD, recently estimated that his city loses $120 million annually from these foregone taxes. [16]

  4. Income tax in Canada - Wikipedia

    en.wikipedia.org/wiki/Income_tax_in_Canada

    The Income Tax Act, Part I, subparagraph 2(1), states: "An income tax shall be paid, as required by this Act, on the taxable income for each taxation year of every person resident in Canada at any time in the year." After the calendar year, Canadian residents file a T1 Tax and Benefit Return [5] for individuals. It is due April 30, or June 15 ...

  5. What Is a Tax Levy? How They Work and How to Stop Them - AOL

    www.aol.com/tax-levy-learn-remove-one-175248688.html

    A tax levy is a legal mechanism that allows a tax authority to seize your property or assets to satisfy unpaid tax debts. “The government can levy salaries, social security payments and bank ...

  6. Section 125 of the Constitution Act, 1867 - Wikipedia

    en.wikipedia.org/wiki/Section_125_of_the...

    Section 125 of the Constitution Act, 1867 (French: article 125 de la Loi constitutionnelle de 1867) is a provision of the Constitution of Canada relating to taxation immunities of the federal and provincial governments. The section provides that the property of the provincial and federal governments are not subject to taxation.

  7. Legislative assemblies of Canadian provinces and territories

    en.wikipedia.org/wiki/Legislative_assemblies_of...

    This is a list of the legislative assemblies of Canada's provinces and territories.Each province's legislative assembly, along with the province's lieutenant governor, form the province's legislature (which is called a parliament or general assembly in some provinces).

  8. Land value tax - Wikipedia

    en.wikipedia.org/wiki/Land_value_tax

    It is a state-level tax, but 100% of the revenue funds local councils. The rate is set by the local council within the limits of 0.1–2.5%. It is one of the most important sources of funding for municipalities. [88] LVT is levied on the value of the land only. Few exemptions are available and even public institutions are subject to it.

  9. Salem City Council directs staff to prepare levy scenario for ...

    www.aol.com/salem-city-council-directs-staff...

    A five-year operating levy to fund the Salem Public Library, Center 50+ and parks could be on the ballot in May. Salem City Council directs staff to prepare levy scenario for library, Center 50 ...