|
|
| *The Commerce Journal>>>Other Taxes |
The question is about taxation.? |
Government gives land to FELDA settlers. Farmers typically have a great deal of wealth tied up in their land but may generate but may generate low income. On what basis should the farmers be taxed: income or wealth? additional information is we can use horizontal or vertical equity to define whatever the tax should pay basis on income or wealth What country are you asking for? I would say the answer would have to be taxing farmers on income. If you tax them on their wealth (basically the land), they'd have to sell the land that they are wealthy in, to pay the taxes on the wealthy land. If this question is about Malaysia, then I think you'd get a better response asking it in the Taxes - Malaysia section, not in the Taxes - Other, section. Felda Settlers??? Taxed on income. They already pay property tax's. At least in the great USA |
| Tags |
| Boston Austin Atlanta Other - Business & Finance Other Taxes United States Taxes United Kingdom Taxes Spain Taxes Singapore Taxes Mexico Taxes Ireland Taxes |
| Related information |
Sell something (anything) at a gain. You can offset gains against losses, and if you have a net gain, you will pay taxes on it, if you have a net loss, you can write off up to $3,000 per yea... What country? What state? Each state in the US has it's own sales tax, and some have none at all. I have attached a link to the states sales tax rates to hopefully help you. ... I will file on-line using a CPA. Reason being is that I work for a CPA/Tax Prep firm and can therefore do my own taxes using the firm's tax software for free.... What is the form of the business? C corp, S corp, partnership, sole proprietorship? That would impact what kind of federal tax. Do you have any employees? If so then you have payroll taxes t... Find other people in a similar business and ask them about their accountant. The really good ones are normally busy. If that is the problem watch the papers for new accountants coming to y... I'm assuming you mean tax evasion. That's where you try to do anything possible to avoid paying taxes.... Gee, I think that's very likely. They've got your money, and you don't have the computer, and you can't get hold of them at all. Humn, sounds like a scam to me. How did yo... In theory, bankruptcy may eliminate tax debts that are over 3 years old (provided you filed them over 3 years ago, if you have unfiled returns, then they are "post-petition" debts)... |
Commerce Categories--Copyright/IP Policy--Contact Webmaster |