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A gross-up clause is also used when a payment that is made will be subject to taxes and the payer makes an additional payment to indemnify the recipient against the taxes – that payment will also be subject to tax. The sequence of additional payment, tax calculation, additional payment continues until the recipient receives the same amount ...
Normal rate of taxation in Indonesia corporate income is 25%. Companies that put a minimum of 40% of their shares to the public and are listed in the Indonesia Stock Exchange offer are taxed on 20%. Companies that have a gross turnover below 50 Billion (IDR) have a discount on 50% from the standard corporate income tax, in other words 12.5%.
Map of the world showing national-level sales tax / VAT rates as of October 2019. A comparison of tax rates by countries is difficult and somewhat subjective, as tax laws in most countries are extremely complex and the tax burden falls differently on different groups in each country and sub-national unit.
The search for missing hiker Susan Lane-Fournier, 61, took a tragic turn after her body was found over the weekend in Welches, Oregon, an unincorporated community at the base of Mount Hood.
Denny Hamlin and his crew chief Chris Gabehart talk prior to the running of the NASCAR Cup Series Bass Pro Shops Night Race on September 21, 2024, at Bristol Motor Speedway in Bristol, TN.
A North Carolina father was arrested Monday after allegedly storming into a high school and choking a teenage student in a caught-on-video attack. Quinton Lofton, 43, was charged with felony ...
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Ricardo Pepi has been waiting. Waiting, patiently but restlessly, for a chance. He was once a teen phenom teeming with potential, and leading the line for the U.S. men's national team.Now, at age ...