#IncomeTax

[undergroundusa]

"One of the biggest benefits of a consumption-based tax system is that it is fundamentally equitable. Higher taxes on luxury goods would ensure the wealthy pay more in proportion to their consumption. Meanwhile, the average Joe would be equitably taxed on his Honda purchase…"

ORIGINAL CONTENT: https://www.undergroundusa.com/p/trumps-income-tax-replacement-thought

READ, SUBSCRIBE, SHARE & EDUCATE: PROTECT FREE SPEECH

[disimba]

Heres my RIDICULOUS TAX plan if i ever run for presidency just know ima shake some shit up but probably get shot in the back of the head for it

The main message being if you cannot provide, do not reproduce.

This isn’t discrimination, it’s about fairness, ensuring that everyone contributes based on their means, without penalizing anyone for their personal choices.

Alright, here’s the gist of my plan. It’s all about making things fairer, keeping the system balanced, and looking out for our future.

1. No More Income Tax for Most People: If you make over $100k, you'll pay more as you make more. The super rich will finally contribute their fair share, and the middle/lower class get a break.

2. Annual Fee for Public Services: Everyone pays a small yearly fee to keep schools, roads, healthcare, and all that running. Lower-income folks pay less, while wealthier people pitch in a bit more.

3. Per-Child Tax: After your first kid, there’s a small yearly tax per extra kid. The more you make, the more you pay. This money goes straight to things like education and healthcare.

4. Work Off Your Taxes: Can’t pay the tax? No sweat. You can work it off at government facilities, earn fair wages, and even pick up new skills along the way.

5. Sales Tax Shifts: Essentials like food stay tax-free, but luxury stuff gets taxed more, so people think twice before overspending on unnecessary things. Which in turn will make fast fashion a thing of the past. High quality non-necessary items (Playstation, Designer bags, etc) will be more expensive, but it will be competitive in who can make the best quality items again. You know how we all love “vintage” right? Its cuz things were built for a market where quality was pursued over quantity. Today, its the latter and thats why Shein and Temu are some of the fast growing piece of shit companies out there today.

In short, it’s about making life fairer and smarter for everyone.

[princelobga]

Taxation of Income from Digital Assets in Cameroon

Understand the taxation of income from digital assets in Cameroon as outlined in Section 42a.

In our previous post, we discussed the taxation of profits from the transfer of stocks, bonds, and other capital shares. Today, we explore the relatively new area of digital assets and how income derived from them is taxed according to Section 42a of the Cameroonian tax code. What Are Digital Assets? Digital assets include cryptocurrencies, tokens, and other digital forms of value…

[taxservices123]

[accteezindia]

Call: +91-8860632015 For UDYAM / MSME Registration

[grossaccount]

Guide to successful financial audit!

If you want to know more please click here 

[mfiling]

Trust in our solutions at MFiling.com to make tax season a breeze. Contact us today!

[vbvassociates]

Inventory Audit Services in Kochi

Inventory auditing is a key part of collecting evidence, particularly for manufacturing and retail organizations. Our dedicated auditing team provides you excellent Inventory Audit Services in Kochi, Kerala. Inventory audits on a regular basis improve your understanding of your stock flow, assist you in accurately calculating earnings and losses, and keep your firm operating efficiently.

Our auditing procedure involves the following:

Audit of inventory and damaged products

Stock inspection and reporting on a regular basis

Maintenance of Fixed Assets records and stock verification

Accounting records are checked on a regular basis for accuracy and completeness.

[lawyer2ca]

Sending Money Abroad Will Burn a Bigger Hole in your Pocket Soon - @lawyer2ca ✅ Whether you're investing in a home or stock market abroad, or sending money to your family or friends, money transfers, no matter how much or how little, are about to get more expensive as the blanket application of 20% TCS for all remittances, other than travel and medical will be applicable. ✅ In the case of educational expenses, like university fees, the tax collection at source (TCS) norms remain unchanged. ✅ The rate of TCS for international remittance under LRS for education purposes continues to remain the same at 5% on transfers above Rs 7 lakh and 0.5% if the source of funds is through a loan from a financial institution. ✅ The tax collection for overseas remittances will surely cause hindrance to travelers, especially students who would be going abroad for higher education. #Lawyer2CA #incometax #UnionBudget2023 #NirmalaSitharaman #finance #Global #india #Budget2023 #TCS (at Lawyer2CA) https://www.instagram.com/p/Co6sWUPSLOy/?igshid=NGJjMDIxMWI=

[ofinblog]

[alishajoy059]

Explore the essentials of direct tax services, their importance for individuals and businesses, and how professional tax planning can ensure compliance, minimize liabilities, and provide peace of mind.

[organicbeing]

The Never-Ending Tax Trap: How You’re Paying for What’s Already Yours

Taxation is often described as a necessary evil, but when you take a closer look at the system, it feels more like a trap designed to keep you in perpetual debt to the government. We pay taxes on nearly every aspect of our lives—our income, our purchases, and even the things we already own. This blog explores the origins of taxation, how it has evolved, and the many ways we’re taxed repeatedly on…

[accteezindia]

Call: +91-8860632015 for All Types of CA, CS & Lawyer Services 😊😊