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If it were not part of the basic price of the product, sales tax would not apply to it. Accordingly, when the State of California raised the CRV from $0.04 on 2 L bottles and $0.02 on cans to $0.08 and $0.04, respectively, then again to $0.10 and $0.05, respectively, it was also raising California's sales tax revenue gained on the imposed fee.
It included the Form 1099-OID variation of the redemption scheme in its "Dirty Dozen" list of prominent tax scams every year from 2009 to 2019. [ 44 ] [ 45 ] The Comptroller of the Currency has noted that, in addition to being fraudulent and ineffective, redemption schemes can be used for identity theft . [ 46 ]
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To exercise the right of redemption, the borrower can write to their lender or servicer, or to the party that purchased the home, and request a statement of charges related to the home.
Enjoy a classic game of Hearts and watch out for the Queen of Spades!
Source: California Secretary of State [1] Proposition 4 , titled Authorizing bonds for safe drinking water, wildlife prevention, and protecting communities and natural lands from climate risks , was a California ballot proposition and legislative statutes that passed by vote on in the 2024 general election on November 5, 2024.
Content warning: The following article contains disturbing descriptions of abuse. A Texas foster mother is facing serious criminal charges after the teenaged girl in her care died weighing just 78 ...
A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...