Search results
Results from the WOW.Com Content Network
Whether or not there is cancellation-of-indebtedness income can sometimes be ambiguous and controversial. In Commissioner v. Rail Joint Co., [11] a corporation issued its own bonds as a dividend to its shareholders. When the bonds declined in value, Rail Joint repurchased them for less than their face amount.
Borrowing money and issuing tax-exempt bonds, with the caveat that bonds generally may not be issued unless they have been authorized by either a ballot vote or a special hearing, and only for the purpose of making capital expenditures. Acquiring, possessing, and expending the revenue acquired through the above means. Hiring and firing personnel.
Biscuit Run State Park is a planned state park located in Albemarle County, Virginia.The park property was originally planned for a large residential development. In January 2010, as real estate values reeled from the burst housing bubble and ensuing recession, the state negotiated the purchase of the property from developer Forest Lodge, LLC for $21.48 million in cash and tax credits.
State estate taxes. But I Bonds aren’t usually subject to state or local income taxes. This means if you live in a state or location with state or local income taxes, the interest earned from ...
An increase to the property tax – currently set at about 60 cents per $100 valuation – would not be needed to fulfill the bond program, according to a presentation made before the City Council ...
Parks Sustainable Funding, a nonprofit, wants voters to decide Nov. 5 if the city should add another tax to support capital improvements in city parks. Lexington’s parks need $8 million a year ...
State parks of Virginia — operated by the Virginia Department of Conservation and Recreation. Pages in category "State parks of Virginia" The following 49 pages are in this category, out of 49 total.
If the parks bond is approved and the property tax rate is increased, Turnwald wonders how it will affect “growing families, middle-income families, aging folks on a fixed income.”