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What Is Double Taxation and How To Avoid It
Receiving a state tax refund can feel like a financial windfall, but it’s important to understand the implications it may have on your federal taxes. In certain situations, your state refund may ...
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Surge in retirees raiding their pension pots to avoid inheritance tax charges
More pensioners are opting to take pension income early to avoid being double - or even triple - taxed later in life ...
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Does the New Income Tax Bill omit deduction for inter-corporate dividends under section 80M?
This is provided under Section 80M, introduced by the Finance Act 2020. The aim is to avoid double taxation of dividends. For example, if company X has shares in company Y, any dividend paid by ...