Should Tax Education be included in school curriculum?
All throughout our school lives, we are taught about things like the distance between a monkey and a bunch of trees it has hopped through or about how the petals of a flower unfold and many such things. We aren’t
Tips on how to choose a good tax consultant
If you’re an entrepreneur, aiming to make it big with your business, it’s imperative that you choose a good tax consultant. A good tax advisor can (and will) save millions of your tax-paying money as long as you’re in partnership.
Online tax filing – A smart way to file your taxes!
Tax filing is a legitimate method of calculating your tax liability, scheduling your tax payments among other aspects. For every working citizen in a country, it’s mandatory to file taxes and pay them on time. And, as most other services
5 Tax Tips When Filing Income Tax
Filing income tax returns before the deadline and in an accurate manner will help taxpayers avoid any penalties or problems in the future with the Income Tax department. It’s a fairly simple process but the taxpayers must be careful, wise
Article 12.3.2 U.S. Interpretation of the Treaty
12.3.2[a] Article XII(1) – Residence – Based Jurisdiction to Tax Paragraph 1 of Article XII stands for the proposition that a resident of a country receiving royalty income should be taxed by the country of residence. 12.3.2[b] Article XII(2) – Source based
Article 12.3 Explanation & Interpretation of Article XII Under U.S. Law
12.3.1 U.S. Taxation of Outbound Royalty Payments 12.3.1[a] Definition of Royalties The Code generally defines the term “royalty” by enumerating the kinds of property that generate royalty income. For Example, the sourcing rules in the Code refer to income for the use
Cross border tax consultant – Best friend for multinational companies!
To start a multinational company is surely a huge and daring dream but of course not impossible. Some systematic techniques need to be adopted in this case. Firstly, one must remember that developing a multinational company is not similar to
Hire a good consultant before compromising your relaxation to save tax!
Paying tax is a duty for every upstanding citizen. Paying unnecessary tax is not. Often, paying those unnecessary taxes may ruin your plans of going on a vacation, or having a fun trip with family and friends. Sometimes, it’s important
Rich or Poor You Still Need to Pay Your Taxes
If someone comes up to you and tells that they have hired an accountant for doing their taxes, you might look at them in a whole new light. They must be particularly wealthy, right? Their tax situation must be complicated.
Estate Planning in Canada
In this blog we will talk about different aspects of estate planning in Canada Wills are a primary tool in Canada to govern your estate affairs. In U.S. living trusts are common because they are “flow through” entities taxed at your personal rates.