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An employer in the United States may provide transportation benefits to their employees that are tax free up to a certain limit. Under the U.S. Internal Revenue Code section 132(a), the qualified transportation benefits are one of the eight types of statutory employee benefits (also known as fringe benefits) that are excluded from gross income in calculating federal income tax.
[6] [7] [8] The mission of the agency is to "serve the public by acting ethically and efficiently in our administration of Virginia’s tax laws." [1] The agency is currently led by Craig M. Burns, who has served as Tax Commissioner since November 2010 [9] [10]
Nasdaq's rules say that an independent director must not be an officer or employee of the company or its subsidiaries or any other individual having a relationship that, in the opinion of the company's board of directors, would interfere with the exercise of independent judgment in carrying out the responsibilities of a director. [4]
RICHMOND, Va. (WJHL) — Virginia Governor Glenn Youngin announced a budget proposal on Monday to make service tips exempt from the state’s income tax. In a news release from Youngkin’s office ...
Northern Virginia is home to the highest concentration of data centers in the world. Loudoun officials tout the benefits, saying the centers generate a third of the county budget on just 3% of land.
Proposed new Virginia 'tech tax' sparks backlash from business community. SARAH RANKIN. February 27, 2024 at 2:42 PM.
The Committee on Ways and Means is the chief tax-writing committee of the United States House of Representatives.The committee has jurisdiction over all taxation, tariffs, and other revenue-raising measures, as well as a number of other programs including Social Security, unemployment benefits, Medicare, the enforcement of child support laws, Temporary Assistance for Needy Families, foster ...
Tom Davis was one of only eleven Republicans to vote against the Contract with America Tax Relief Act [66] that cut taxes by $189 billion over five years, including lowering the capital gains tax rate and easing the "marriage penalty," [67] and supported a tax hike referendum to raise sales taxes in northern Virginia by 4.5 to 5%. [68]