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Banks and funds will never quite be forex friends
Reuters Euro, Hong Kong dollar, U.S. dollar, Japanese yen, pound and Chinese 100 yuan banknotes are seen in this picture illustration, January 21, 2016. REUTERS/Jason Lee/Illustration/File Photo. By Patrick Graham | LONDON. LONDON On U.S. election day last … |
May 27, 2017 at 03:30PM
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Forex Crunch Survey – Please Participate
ForexTV.com Here at Forex Crunch, we are conducting a survey to better understand our readers and to explore future options. We would like to ask you, the reader, to participate and influence the next phases in the site. So, here is the survey. Please complete the … |
May 21, 2017 at 03:37PM
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The Corporation authorities have contended that, they have a policy guidelines of display of advertisement within the Kolkata Metropolitan area. Under such policy guidelines, the authorities are to look at the desirability of the content of the advertisement in the hoardings or glow signs. They are also to look at whether the hoardings or glow […]
May 14, 2017 at 04:47PM
from editor2
Barron’s |
Europe on Sale: Time to Buy Foreign Stocks
Barron’s The bull market in stocks that began after the 2008 financial crisis wears a Made in America label. In the eight years since then, U.S. stocks have trounced their foreign counterparts, as investors the world over bet on America’s slow but steady … |
May 13, 2017 at 05:00PM
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The first question that we need to decide is whether the benefit accruing to the HMC Korea, as a result of increased brand value due to sale of Hyundai cars in India by the assessee company, constitutes an international transaction.
May 13, 2017 at 04:55PM
from Editor
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1. The Council of the ICSI in its 236th meeting held on 29- 30th March, 2016 had revised various membership fee w.e.f. 1st April, 2017 as under-
May 13, 2017 at 04:45PM
from Editor
Moms usually embrace the adage that it’s the thought that counts when it comes to Mother’s Day gifts. They love those macaroni picture frames we made as kids as much as the store-bought gifts we started giving them as soon as we were making our own money.
But state treasurers don’t agree.
In the 45 states and District of Columbia that collect sales tax, they are hoping we spend a lot on Mom this weekend so that their tax collectors can get a cut.
Most reliant on sales tax revenue: That’s particularly true in Washington. The Evergreen State depends most heavily on state and local sales tax money, according to research by the Tax Foundation based on fiscal year 2014 data.
Slightly more than 45 percent of Washington State’s total tax collections come from the taxes tacked onto retail purchases, according to the Washington, D.C.-based tax policy group’s examination. When you add local taxes and transit taxes in some locales to the state’s 6.5 percent sales tax, the combined levy on Washington purchases can be more than 10 percent.
The reason? There’s no corporate or individual income tax in that Pacific Northwest state, although it does levy a gross receipts tax in lieu of the corporate income tax.
Tennessee comes in second with around 41 percent of its income derived from state and local sales taxes. Like Washington State, the Volunteer State doesn’t have an individual income tax, except on interest and dividend earnings.
South Dakota is the third most heavily dependent at just more than 40 percent. Stop me if you’ve heard this, but the Mount Rushmore State also doesn’t have a corporate or individual income tax.
Rounding out the top five states most reliant on sales tax are Arizona at 39.6 percent and Louisiana at 38.3 percent.
For all y’all who’ve read my frequent posts about living in a no-income-tax state, I wanted to let you know that Texas comes in at #10. Thirty-six percent of the Lone Star State’s revenue is from state and local sales taxes.
Other state tax sources: So who gets most of their tax revenue from sources other than state and local sales taxes?
Alaska was the winner when it came to not relying on sales taxes, with less than 4 percent of its revenue coming from state and local sales taxes.
Yes, I (and the Tax Foundation) know that the Last Frontier is the only state without a state income or sales tax. However, Alaska law lets local jurisdictions levy their own sales taxes.
Also low on the sales tax reliance list are Vermont at 10.5 percent of total state income from such levies; Maryland, one of my old stomping grounds, at 12.5 percent; Taxachu… I mean Massachusetts at 13.6 percent; and Virginia at 13.7 percent.
On average, according to the Tax Foundation, 23.3 percent of state and local tax revenues in fiscal year 2014 came from sales taxes.
So if you’re shopping today for the perfect gift for Mom, be sure to take your state and local sales taxes into account.
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May 13, 2017 at 04:35PM
from skbell1
Sarah Huckabee Sanders has become the face of the White House’s bungled, contradictory account of President Trump’s firing of FBI Director James Comey, and proved to be just as unreliable and obfuscatory in the briefing room as her boss Sean Spice
May 12, 2017 at 04:47PM
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The aviation and tourism industries are bracing for the possibility that the Trump administration could ban laptops on flights from Europe to the U.S.
May 12, 2017 at 04:47PM
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Buying a home is likely the biggest purchase you will ever make, here are four things every first-time buyer should take into account.
May 12, 2017 at 04:47PM
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“The book is uncompromising. This is a compliment. It doesn’t insult the reader by trying to over-simplify” #corpgov http://ift.tt/2oM0MGj
April 30, 2017 at 04:47PM
https://twitter.com/marcgjg/status/858648571943452672
from Marc Goergen
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Dario Rivera retweeted:
April 23, 2017 at 04:52PM
https://twitter.com/djriveraros/status/856110606843293697
from Dario Rivera
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Go go #CorpGov go $PTOP @360Advanced by #PotaniyZuev by #pyotr4xkrfil by #tamilava10hr… by #GdJxzxk8BO7aZ0F
April 23, 2017 at 04:52PM
https://twitter.com/jtmarkscpa/status/856108484995284993
from Jonathan Marks, CPA
April 18, 2017 at 04:42PM
from Oliver Morrison, Analyst
