Tax FAQ
 

How To Calculate India Tax Credit For Employees Deputed To US To Avoid Double Taxation?

Hi,

I have deputed to US on makeshift basis and earning income in India and US. My India income is double taxed (both in India as well as in US). Can you please make one think how to calculate the India tax credit for my income in India to avoid double taxation.

Hitesh


Answer: You necessity to consult a good C.A. Do not depend on the answers of Yahoo answerers. Actually it is not indulgent to tell. I am sure no one can answer you. Do not waste your time.

You can try the below web site.:

http://www.thehindubusinessline.com/iw/2 008/01/06/stories/2008010650621200.htm
 
 

How Do I Calculate Foreign Tax Credit On Dividend Withholding?

I welcome a divident of $100 from a canadian trust, of which
$30 was withheld by Canada. How do I calculate the US
tax, using the unfamiliar tax credit?


Answer: You have occasion for to refer to Federal Tax Law Sec. 12.10.09 Code 5.1

Related Topics:

Interest Withholding Tax
Interest Is Tax Deductible
Register For Tax

 
 

How Do You Calculate Tuition Tax Credit In Canada?


conscience-stricken, I wasn't clear. I went to a university in the US and total tuition was $100000. How do I calculate how much I can remove from my current income in Canada?


Answer: Condition T2202A (Tuition and Education Tax Credit)

In Canada, you may be able to reduce income tax expenditure by claiming tax credits for enrolment in and payment of tuition and academic fees for University’s credit courses. To be fitting for the tax credit, the total of such fees paid to an educational institution in Canada for the year must better $100. Fees paid to the Students’ Union and Alumni Relations are not single for inclusion in the tuition tax credit.

Related Topics:

Interest Tax Savings
Buy Tax Online
Www Irs Tax

 
 

How To Calculate Service Tax? How To Get Tax Credit For Service Tax Paid? Pl. Specify Some Important Sites To?



Answer: Vital sites for service tax is

www.cbec.gov.in

or
you may also try

http://simpletaxindia.blogspot.com/searc h/identify/SERVICE%20TAX

Related Topics:

Ma Tax Forms
W 2 Tax Forms
Internal Revenue Service Tax Forms

 
 

Do You Figure In The Additional Child Tax Credit When Calculating The Stimulus Check Payment?

i am taxing to get an idea of how much my stimulus check will be and I am confused on wether you calculate in the additional child tax credit...


Answer: no you dont,only juvenile tax credit

Related Topics:

Free 1040 Tax
Aust Tax
Medicare Social Security Tax

 

Calculate Child Tax Credit for 2011, 2012

Calculate Young man Tax Credit for 2011, 2012 www.harborhinancialonline.com

How to calculate tax credit

This is information to understand when faced with the opportunity of claiming a subtraction or a credit when both may not be allowed -- eye-opening expenses are a all right norm. In this benchmark, opting for the credit over the reasoning resulted in a tax savings of $425.

© 2011 Tax FAQ