Search results
Results from the WOW.Com Content Network
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%.
Whatever the price of the good, the net price for which the sellers are selling is effectively the gross price less the amount of the tax. This makes the sellers supply the amount of the good as if the price were lower by the amount of the tax.
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
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.
In the US, it's common for children to leave Santa Claus milk and cookies. But this tradition looks different for children around the world. In Ireland, some families leave Santa a pint of Guinness.
COPENHAGEN (Reuters) -Greenland is not for sale, its elected leader said on Monday, responding to comments made by U.S. President-elect Donald Trump regarding the "ownership and control" of the ...
For households and individuals, gross income is the sum of all wages, salaries, profits, interest payments, rents, and other forms of earnings, before any deductions or taxes. It is opposed to net income , defined as the gross income minus taxes and other deductions (e.g., mandatory pension contributions).