That's taxfree money. What do you mean, taxfree?

79. Guam is a duty free port.

Under most tax deductions systems certain expenses are considered as tax deductible.

According to the national security law on people of merit, reports on spy activites are rewarded tax free.

The United Nations Development Corporation had planned to issue tax free bonds to finance the construction, but such a tax free scheme is not allowed under the United States tax code.

Governments can provide funding, real estate, staff and a special designation as tax abated enterprise development zones.

Here in Los Angeles, in the Bay Area in San Francisco, it became tax deductible in the United States.

But the law does permit them to invest in taxfree property, and collect money, without accounting for how it is used.

Because this has not been done, no banks have been contacted to identify accounts that should be frozen.

76. The territorial Government has the authority to issue tax exempt industrial development bonds up to a value of 5 million.

We also have support payments for workers bringing up families on low pay, as well as child related tax exemption allowances.

The main sources of revenue were income derived from income tax ( 33.8 million) and from indirect taxation ( 23.7 million).

Effective 1 January 2005, all businesses in the Territory are exempt from income tax.

During the crisis, taxpayers were on the hook for almost a quarter of national income.

Parents can then make contributions to their child s trust fund which can grow tax free, and can choose how to allocate the Fund among investments.

The US currently collects the lowest ratio of taxes to national income among rich nations.

Tax exemption benefits, the issuance of special cards to be used in tax free transactions, as well as the periodic review of the provisions on taxation, taking into account changes in domestic legislation as well as developments within the organizations.

These business concerns are exempted from the payment of income tax, irrespective of the amount of profits made and whether or not these profits are received in the Territory.

There are certain taxes like income tax, which are probably best collected at the national level.

California s government collects about one half of its income tax revenue from the top 1 of the state s taxpayers.

These funds are largely tax exempt, often because they are registered offshore, although they operate from the world s major onshore financial centers.

What matters for the amount of labor supplied is the after tax wage rate relative to income from wealth.

Meanwhile, Romney s plan would actually increase taxes on middle income families.

Taxation in Namibia includes personal income tax, which is applicable to total taxable income of an individual and all individuals are taxed at progressive marginal rates over a series of income brackets.

Certain categories, however, are exempt from completing an examination

The exception allows for maintained tax free sales on the ferries between Sweden and Finland (provided they stop at Mariehamn or Långnäs) and at the airport, but has also made Åland a different tax zone, meaning that tariffs must be levied on goods brought to the islands.

He asked for and got cuts in capital gains, dividend, and income taxes.

And Gaza's Christian minority is not exempt A Christian student called Nadine says that she cannot hang her graduation certificate from the University of Al Azhar in her house as she is wearing the hijab in it.

Project activities in least developed countries are exempt from the levy.

That is in addition to explicit tax hikes on income, capital gains, and dividends, the implicit ones on energy via cap and trade, etc. It appears that the Obama strategy is to stuff the beast (the mirror image of the tax cutting starve the beast philosophy attributed to some of President Ronald Reagan s advisers), i.e., to initiate massive spending and hide the true cost from citizens.

First, the transmitting State may require all banks, other financial institutions and other payors of income located within that transmitting State to report automatically (through a system of computerized taxpayer identification numbers) to its tax authorities all payments of income to residents of that State.

In the first years of the rule of the British East India Company, the total land tax income was doubled and most of this revenue flowed out of the country.

They could, for example, offer an incentive in the form of a 3 4 interest rate on bonds, and even make them tax free eventually.

More progressive income taxation will also help stabilize the economy, through what economists call automatic stabilizers.

Previous positions include head of the committee reviewing tax law Assistant to the Director, Income Tax Department and head of Income Tax Section, Financial Affairs Department.

Mr. Talmon de Paula Freitas (Brazil). Fiscal inspector in charge of the negotiation of agreements to avoid double taxation, Ministry of Finance Secretariat of Federal Income Tax.

In the US, for example, no politician is anxious to say that home mortgage deductions should be eliminated, or that dividend payments should be tax free.

Taxes and charges These can be used to change the behaviour of tourists and enterprises, for example through increasing prices, and also for raising revenue from them for use in conservation or social projects.

The Labour Act has outlawed discrimination on the basis of sex in most aspects of employment and the Income Tax Act has done away with sex discrimination in taxation by a series of amendments to the Act.

If taxpayers know that their banks are required to report income information to the tax authorities, taxpayers will be more likely to file accurate returns regarding this income.

But, despite their robust base and low administrative costs, excise taxes currently amount to less than 2 of low income countries GDP, compared to roughly 3 in high income countries.

Exemption from import and export duties and taxes in respect of particular belongings right to transfer earnings and savings from the State of employment to the State of origin or any other State imposition of taxes and avoidance of double taxation principle.

Taxes might rise somewhat in the high income ranges, with the proceeds going to fund entitlements and redistribution.

Raising taxes on investment income, you also see about two thirds of Democrats but only one third of Republicans are comfortable with that idea.

And Germany should cut taxes temporarily rather than raising taxes, as planned in order to increase disposable income and stimulate German demand for the periphery s goods and services.