Search results
Results From The WOW.Com Content Network
On July 4, 2006, the government approved Law 117, the 2006 Contributive Justice Law. It established a 5.5% state tax and an optional 1.5% municipal tax. It came into effect on November 15, 2006. The tax is better known as the Impuesto sobre Ventas y Uso (Sales and Use Tax) or by its Spanish acronym, IVU.
The Puerto Rico Sales and Use Tax (SUT, Spanish: Impuesto a las Ventas y Uso, IVU) is the combined sales and use tax applied to most sales in Puerto Rico. As of 2020, the tax rate is 11.5%: 1.0% of the tax collected goes to the municipality where the sale was executed (there are 78 municipios - municipalities), and 10.5% of the tax collected ...
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
Tax on Motorized Vehicles Property (Imposto sobre Propriedades de Veículos Automotores - IPVA) – state: levied upon the property of cars, trucks, motorcycles, and the likes; Tax on Large Fortunes (Imposto sobre Grandes Fortunas) – federal: it is declared on the Federal Constitution, but there is still no regulation defining its incidence.
The alcabala was the most important royal tax imposed by the Spanish crown, first imposed in 1342. [11] The other tax of comparable importance was the diezmo, a tithe for the support of the Catholic Church, a substantial portion of which went to the Crown by virtue of agreements with the Holy See.
Main page; Contents; Current events; Random article; About Wikipedia; Contact us