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08-27-2004 Headlines for: Taxes |  |
Tax Talk: Day trader tax considerations
From: www.bankrate.com
"There's more to consider than just deductions, notes our expert, if you decide to make a living trading stocks."
Tax Talk: Reporting foreign accounts
From: www.bankrate.com
"No tax law prevents a U.S. citizen from investing overseas, provided the investor reports all income from such an investment on their tax return."
Tax Talk: Writing off a home office
From: www.bankrate.com
"IRS rules on home offices are strict, says our expert, but not impossible to meet."
Tax Talk: Canadian snowbirds, U.S. property and the IRS
From: www.bankrate.com
"Foreign owners of U.S. homes face special taxes when they sell or rent the property."
Tax Talk: Avoiding capital gains tax on home-sale profits
From: www.bankrate.com
"Most homeowners will be able to avoid tax on their sale profit, through either the full or partial home-sale exclusion rules."
Reno officials approve tax rebates for builder
From: NewsTrove.com
"The Reno City Council on Wednesday agreed to give a developer $10 million in sales tax rebates to cover the cost of infrastructure improvements needed for a high-end mall planned for Mount Rose Highway and South Virginia Street.
The city's deal with Birmingham, Ala.-based Bayer Properties will give the developer half of the sales-tax revenue its project generates - as much as $10 million or until the deal expires. The rebates are dependent on the city's sales tax revenue growing by 2 percent a year, and the length of the deal is not yet set."
John Edwards' To-Do List
From: NewsTrove.com
"OKLAHOMA CITY - Does John Edwards talk about stuff besides the Swift Boat Veterans for Truth ads? As he says to the people who ask him a question at his town-hall meetings, "The answer is yes." But once you've been following a candidate for a few days, his stump speech starts to get a little tedious. OK, more than a little tedious. The press corps (and the campaign staff and the Secret Service) entertains itself by playing "Wheel-o," a betting game where we guess which of the 16 numbers scrawled in chalk on the back wheel of the plane will rest on the ground after landing."
Times of Zambia - Media Release
From: NewsTrove.com
"By Times Reporter
SOME delegates to the national conference on labour and social security have urged the Government to exempt pensioners from paying tax which they say is currently too high.
African Life chief executive officer Muna Hantuba said the current tax regime was not favourable as pensioners were taxed heavily on their benefits, making them become destitute.
Mr Hantuba, who was presenting a paper at the conference at Mulungushi International Conference Centre in Lusaka yesterday, said '"there should be tax benefits to those that are retiring but nothing at the moment is forthcoming."
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From: NewsTrove.com
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KoreaTimes : High-Income Earners Quadrupled
From: NewsTrove.com
"By Lee Hyo-sik
Staff Reporter
The number of workers who earned more than 80 million won (about $67,000) a year jumped to 28,000 in 2002, accounting for 0.4 percent of the total workforce, according to a National Assembly report. The figure was 7,000, or 0.1 percent, in 1996 before the financial crisis hit Korea.
Those with a taxable income of 40 to 80 million won also increased to 127,000 people, or 2.1 percent of the total, from 50,000 (0.7 percent) during the same period. The number of workers earning between 10 and 40 million won rose to 1.94 million (31.5 percent) in 2002 from 1.57 million (22.7 percent) six years ago."
A tax shelter factory bared in KPMG memos
From: c.moreover.com
"IHT Aug 26 2004 2:01PM GMT"
VimpelCom posts US GAAP results for H1
From: c.moreover.com
"Gateway 2 Russia Aug 26 2004 1:23PM GMT"
US auditors warn legacy systems hamper soldiers' pay
From: c.moreover.com
"Computer Weekly Aug 26 2004 1:10PM GMT"
Professional accountancy and payroll qualifications from Genesis
From: c.moreover.com
"New Ross Standard Aug 26 2004 12:55PM GMT"
Russia's Baltika posts H1 GAAP net profit at $65 mln, up 2%
From: c.moreover.com
"PRIME-TASS Aug 26 2004 12:10PM GMT"
China's economy 'still at risk'
From: news.bbc.co.uk
"The IMF says China must not slacken efforts to ease too-rapid growth and urges it to reform exchange rates."
CBI cuts UK growth forecast
From: news.bbc.co.uk
"Higher oil prices and rising interest rates are likely to lead to a slowdown in spending on the UK High Street, business leaders predict."
Milk deal 'to help dairy farmers'
From: news.bbc.co.uk
"Sainsbury's supermarket agrees a new milk supply deal with Robert Wiseman and Dairy Crest which the firms say could benefit hundreds of dairy farmers."
Growth in Asia 'cutting poverty'
From: news.bbc.co.uk
"Asia's surging economic growth is helping to cut the region's poverty levels, but some areas are lagging behind, a report says."
India budget voted without debate
From: news.bbc.co.uk
"India's national budget is passed by parliament amid an opposition boycott after a row with the prime minister."
Home remodeling: 20 million Americans can't be wrong
From: www.bankrate.com
"Some 20 million American homeowners will take on home improvement jobs this year. Not all will end happily. Here are valuable tips to assure success."
Interest Rate Roundup
From: www.bankrate.com
"Home equity loans buck the trend, drift downward."
Top 10 mistakes home buyers make
From: www.bankrate.com
"A veteran home builder gives some tips on what NOT to do when buying a home"
Financial four-leaf clovers
From: www.bankrate.com
"These antidotes to Friday the 13th money jinxes will keep the luck (and the loot) on your side."
Interest Rate Roundup
From: www.bankrate.com
"Check out the latest interest rate trends and national averages on the five most common consumer banking products."
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