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A person who maintains a relative at his/her own expense can claim a tax credit of €245, as long as the relative earns no more than €16,156. An individual entitled to claim this tax credit can also claim mortgage interest relief or medical insurance relief for payments made in respect of that relative. [2]
On 1 November, Coimisiún na Meán announced the lifting of the reporting moratorium that had been in place since 1997, and which had prevented election coverage from 14:00 on the day prior to the election until the close of polls. However, the agency also advised broadcasters not to report on opinion polls or exit polls while voting is underway.
As of November 2018, Ireland's corporate tax system is a "worldwide tax" system, with no thin capitalisation rules, and a holding company regime for tax inversions to Ireland. [93] Ireland has the most U.S. corporate tax inversions, and Medtronic (2015) was the largest U.S. tax inversion in history.
When Medical Expenses Are Tax-Deductible. Many medical expenses can be tax-deductible, but the rules have always been complicated: To qualify for this tax break, you need to itemize your ...
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Section 134 of the Revenue Act of 1978 gave tax-favorable treatment to flexible spending accounts for medical expenses. [ 38 ] [ 39 ] In 1984, the Internal Revenue Service issued a ruling that, while flexible spending accounts were allowable, employees must elect a certain amount for the plan each year and that any unused amounts would be ...
With less than a month until Election Day, voters everywhere are still trying to figure out which U.S. presidential candidate to vote for — and how their policies could affect taxes.