Tax FAQ
 

Is An Executory Interest In Land That Is Not A Remainder And Not An Interest In The Grantor Exempt From Tax?

Question by tryhard | Posted in United States

Similarly, is an executory interest in earth that is not a remainder and not an interest in the grantor exempt from attachment by creditors. Please supply case law if possible.

Answer: I'd arrest with your state's statutes. This may vary from state to state. Sorry I couldn't be more cooperative.

:-)
 
 

Is Tuition Fee Paid -for Self Education- Exempt From Tax In India Under Section 80c?

Question by dhirajbharara | Posted in India

I have paid education fee for some Information technology certification. Is this fee exempt from tax. Please elaborate. Fee paid for children education is exempt, however is guidance fee paid for self education also exempt. Thanking you in advance.

Answer: Remorseful dear, tuition fee for self education is not exempted. Tuition fee on children learning is only exempted.

Related Topics:

Income Tax Penalty
Income Tax Year
Smith Tax

 
 

1974 Mini Clubamn Estate - Do I Still Pay Tax Or Is This Car Exempt From Tax?

Question by Chrystal | Posted in Buying & Selling

I am about to obtain a 74 mini clubman estate but I am not sure if I will be able too drive it home ground (2hrs) from where I am picking it up. Is this car exempt from tax or do still need to do the whole tax thing with the dvla???

Answer: If a conveyance was constructed before 1 January 1973, you can tax it in the 'historic vehicle' tax class.

Vehicles in this tax division are exempt from paying a fee. However, you MUST still display the correct tax disc on the vehicle. If you don't, you are committing an offence.

Related Topics:

Income Tax Planning
Resident Alien Tax
File 2006 Tax

 
 

Does Anyone Know The Laws Of Georgia Where Newspaper Sales Are Exempt From Sales Tax?

Question by Harry O | Posted in United States

Does anyone identify the laws of Georgia where newspaper sales are exempt from sales tax? I have lost my link.

Answer: I was unqualified to find where newspaper sales are exempt from sales tax. The link below lists all exemptions from Georgia sales tax, and #45 and #61 are minute to newspapers, but newspapers would not be exempt according to this listing.

Related Topics:

Income Tax Preparation Software
Erie County Tax
File Federal Income Tax

 
 

Buying A Car Out Of State Exempt From Sales Tax?

Question by kodalma84 | Posted in United States

I be acquainted with if you buy something online that is based in a state other than the one you reside in you are exempt from the sales tax, you just pay shipping. What about a car? Are there any restrictions? Thanks for your helpers.

Answer: It certainly depends on the style you live in!

You will pay sales tax in the state you buy it in probably.

You may or may not be exempt or due a refund of the other tax when you register in your home state of affairs.

Some states even make you file a return for a "sales and use tax" when you buy out of affirm, so the state you live in can collect the sales tax even if it wasn't collected at the point of position.

Some states totally

Related Topics:

Income Tax Program
Erie Tax
Tarrant County Tax Assessor

 

Did Big Endowments Worsen the Crisis? | B-School Admissions Formula

by Guest

The description profiles the six privately endowed New England colleges and universities: Boston College, Boston University, Brandeis University, Dartmouth College, Harvard University, and MIT–all of which in a recover from in for some death-dealing judgement. Now a new account is out that suggests that’s not the half of it. The description, by the Center for Sexual Largesse at Tellus Inaugurate, paints a severe personification of how a mini nuisance of monetary actors can, in the activity of profit, inadvertently do... You can skim the communication here and the Bloomberg dispatch on it here. It’s no concealed, at least in higher upbringing circles, that in brand-new years a lot of the biggest endowments have pursued an litigious investment exemplar that for a while brought them out-sized returns....

Read more...
© 2011 Tax FAQ