Search results
Results from the WOW.Com Content Network
Business rates in England, or non-domestic rates, are a tax on the occupation of non-domestic property (National Non-Domestic Rates; NNDR). Rates are a property tax with ancient roots [1] that was formerly used to fund local services that was formalised with the Vagabonds Act 1572 and superseded by the Poor Relief Act 1601.
A like-kind exchange under United States tax law, also known as a 1031 exchange, is a transaction or series of transactions that allows for the disposal of an asset and the acquisition of another replacement asset without generating a current tax liability from the sale of the first asset.
For real property exchanges under Section 1031, any property that is considered "real property" under the law of the state where the property is located will be considered "like-kind" so long as both the old and the new property are held by the owner for investment, or for active use in a trade or business, or for the production of income.
The president of the National Farmers’ Union fought back tears as he explained the impact of tax ... proposed changes to agricultural property relief and business property relief on the farming ...
“This is another element: the [changes to] agricultural property relief and business property relief will mean that farms are not investing in food production for the future. It will increase ...
The Enterprise Investment Scheme (EIS) is a series of UK tax reliefs launched in 1994 in succession to the Business Expansion Scheme. [ 1 ] [ 2 ] It is designed to encourage investments in small unquoted companies carrying on a qualifying trade in the United Kingdom.
Texas’ top Republicans are fighting over how to split property tax cuts between businesses and homeowners. Democrats want renters to see relief, too.
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items.