Hosted on MSN3mon
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 ...
inews.co.uk on MSN6d
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 ...
Business Line1mon
New Income Tax Bill omits deduction for inter-corporate dividends under concessional rate
This is provided under Section 80M, introduced by the Finance Act 2020. The aim is to avoid double taxation of dividends. If Company A owns shares in Company B, any dividend paid by the latter to ...
Mint1mon
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 ...