taxes: search

Banks to provide information on salaries, interest to LTU

ISLAMBAD (January 06 2009): Banks would provide information on salaries and interest to the Large Taxpayers Unit (LTU), Karachi for monitoring of withholding taxes from the banking sector. It has been learnt here on Monday that the banks, who received notices for monitoring of the withholding taxes, have approached the LTU with the plea that it would be difficult for banks to simultaneously provide all kinds of withholding taxes related information in consolidated form.

Central Interference: New York Increases Taxes on Videogames

The governor of the state of New York, David Paterson, has announced that he plans to introduce new taxes aimed at creating revenue streams for the embattled budget. One of the newly introduced taxations will be aimed at video games, which will be tariffed more in this territorial division, if the state budget for 2009 is adopted in its current form.

Parliament passes amendments tightening responsibility for piracy of intellectual property

Since 2009 big companies may negotiate amount of taxes payable with State Committee for Taxes and Levies

New Yorks proposed iTunes tax

With the Dow having lost one-third of its value this year, New York expects taxes from Wall Street to fall short. Gov. David Paterson (D), the recent victim of a Saturday Night Live lampooning, wants to head off the expected $15.4 billion budget gap with a laundry list of new taxes and fees.

Oregon Governor Proposes Vehicle Mileage Tax

tiedyejeremy writes "As covered by the Crosscut Blog, the Governor of Oregon, Ted Kulongoski, is proposing a change in the funding of the Oregonian transportation system that drops gasoline taxes and, by way of GPS tracking, taxes the number of miles driven, to the tune of 1.2 cents per mile. The reason for the proposed change is that lower fuel consumption via fuel efficiency will leave the system underfunded. The concerns involve government tracking of the movements of vehicles within the state, though this has been denied by ODOT official, James Whitty. I'm wondering how this affects people using the Interstate System and private roads, and if the outputs can or will be used by law enforcement to check alibis."

Digital Music Roundup: NY iTunes Tax?; RIP Mixwit; Free MP3s To Soldiers

NY governor proposes tax on digital downloads : If Gov. David A. Paterson’s budget passes, cash-strapped New York could impose a 4 percent tax on digital downloads of all kinds—books, ringtones, games, VOD movies, and of course, music tracks—to help balance its budget in 2009. The NYT’s City Room said the tax would kick in next June and bump up the cost of a 99-cent iTunes download to about $1.04. State officials say the so-called “iTunes Tax� could add as much as $15 million in revenue the first year it’s enforced, and about $20 million a year thereafter. States like New Jersey have already broadened the scope of their taxes to digital downloads, and in April, New York passed a similar measure (dubbed “the Amazon Tax�) aimed at forcing online retailers to collect taxes for goods “sold� in the state.

Taxes due once savings bond matures

I have some old savings bonds -- old enough that they are not paying any interest. Can I gift these to my child and have him cash them in at his tax rate? Or is there another strategy you would suggest to minimize the tax hit on these? I believe they are Series E, but I am not positive.

Taxes on income earned abroad

I am a U.S. citizen living and working in Bangkok, Thailand, since late July 2008. I also lived in Bangkok between November 2007 and February 2008. Between February 2008 and July 2008, I lived and worked in Washington, D.C.

EC mulls taxes on mobile phones

The European Commission is planning to tax some mobile phones, a move which would mean higher prices for consumers, the wireless industry has said.

Does My Age Affect Taxes on 401(k) Withdrawals?

Q: I was recently laid off and withdrew my 401(k) balance to live on. Do I have to pay a penalty for early withdrawal? I am 58 years old.

MPs enact electricity, mobile taxes to support livestock fund

Lawmakers endorse the draft livestock protection fund law on Wednesday. Under a modified version of the law, a one-fils tax will be placed on electricity and mobile operators in order to finance the fund, which is aimed at protecting the sector (Petra photo)

How we spend money, from taxes to phones

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Yet another thing to worry about: Taxes

Adding to your frustrations and losses is the possibility of getting hit with a tax bill. Time to plan.

MP3 Player Roundup: Ribbit, Metal Gear, and Taxes

One of the most popular gift ideas around this time of year is the almighty MP3 player. People like the ability to take their music collections with them on the go, so it makes sense to provide someone with the gift of music. With that in mind, let's take a look at three pretty different stories in the world of portable music.

New York governor proposes ?iPod tax? along with 88 new fees and taxes

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New York governor proposes iPod tax along with 88 new fees and taxes

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Live Blogging: Schiller keynote at Macworld 2009

Tags: Keynote, Taxes, Corporate Communications, Free Trade, Desktops, Recruitment & Selection, Financial Planning, Finance, Marketing, Hardware

live-blogging

Tags: Keynote, Taxes, Corporate Communications, Free Trade, Desktops, Recruitment & Selection, Financial Planning, Finance, Marketing, Hardware

Bear market can still be bullish on capital gains

In the investment world, taxes are the price you pay for success. And sometimes that success -- and the accompanying tax bill -- come as a total surprise.

Tech Ticker: Palm, Apple, IBM

Palm reported a sixth straight loss after taxes rose and its Treo and Centro phones faced mounting competition from Research In Motion's BlackBerry and Apple's iPhone. The second-quarter net loss widened to $506.2 million, or $4.64 a share, from $8.85 million, or 9 cents, a year earlier, the Sunnyvale-based company said Thursday in a statement. Revenue fell 45 percent to $191.6 million. Palm's phones are losing customers to newer devices from Research In Motion and Apple, while the global recession crimps demand. The company said it delivered 13 percent fewer smart phones in the quarter and revenue from that unit, the company's largest, fell 39 percent from a year earlier. Palm shares fell 30 cents, or 14 percent, to $1.90 in extended trading after closing at $2.

VeriSign Helps Educate Taxpayers About EV SSL In Light of IRS?s New Security and Privacy Standards

Mountain View, Calif. – January 8, 2009 – Death and taxes may be the only sure things in life, but the Internal Revenue Service is taking steps to help ensure that identity theft doesn’t join that list. To protect an estimated 90 million taxpayers from phishing scams beginning with the upcoming 2009 filing season, the IRS is strongly encouraging all online tax filing services to safeguard their sites with Extended Validation (EV) Secure Sockets Layer (SSL) Certificates. A growing number of these services are already heeding the IRS standards by deploying EV SSL Certificates from VeriSign, Inc. (NASDAQ: VRSN), the trusted provider of Internet infrastructure services for the networked world.

Tax office to get direct bank access

The tax office is to begin experiments with taking unpaid taxes directly from people’s bank accounts next year, reports Thursday’s AD newspaper.

New York Considers an iPod Tax

New York State must be the leader in clever, snarky names for taxes. First, facing a huge budget deficit and noting just how sales to e-tailers was siphoning off sales tax, they imposed an “Amazon Tax,� named after Amazon.com. Now it is apparently looking at a possible “iPod tax,� to plug the huge budgbet deficit gap it has.

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