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Income Tax
Income Tax
Income Tax
Income Tax
Income Tax

The following information is about Income Tax.

Income Tax Defined

A state or federal government's levy on individuals as personal income tax and on the earnings of corporations as corporate income tax.

This definition is in context to Finance. See more contextual defintions for Income Tax.


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International Forecaster September 2008 (#2) - Gold, Silver, Economy + More

Published September 6, 2008, 2:19 pm, GoldSeek.com

The following are some snippets from the most recent issue of the International Forecaster. For the full 22 page issue, please see subscription information below.

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Business of carbon

Published September 6, 2008, 2:09 pm, The Telegraph

Are businessmen in Bengal doing enough to counter climate change? It doesn’t seem so going by the results of a recent survey by the Indian Chamber of Commerce (ICC).

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Thoughts on the Continuing Crisis

Published September 6, 2008, 1:50 pm, GoldSeek.com

We are entering the next stage of the credit crisis, and one which is potentially more troubling than what we have seen over the past year, absent some policy reactions by the central banks and governments world wide.

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Some like it rich

Published September 6, 2008, 1:49 pm, Express India

On TV, teens have planes, go places and don't tell their parents because it's no big deal

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Missed the tax filing deadline? Dont worry; its not too late

Published September 6, 2008, 1:49 pm, Express India

In case you have already paid your taxes before 31 March, 2008, but could not file the return within the due date, you may file a belated return at any time before 31 March, 2009, without attracting interest or penal consequences.

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Greece's Karamanlis Says `No Easy Solutions' to Financial Woes

Published September 6, 2008, 1:47 pm, Bloomberg.com

Sept. 6 (Bloomberg) -- Greece's government will introduce new taxes and changes to labor markets to ensure the economy can withstand the international financial turmoil, Prime Minister Kostas Karamanlis said.

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Interest on Rangel's Villa Loan was Waived

Published September 6, 2008, 12:54 pm, Gothamist

Representative Charles Rangel's Dominican Republic villa continues to be scrutinized as it's now reported the interest on his mortgage was waived . This comes a day after his lawyer also revealed the powerful Chairman of the House's Ways and Means Committee did not report $75,000 in rental income (over the past 20 years) from the villa. Last Sunday, the NY Post raised questions about ...

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Reverse mortgages no longer only option for older owners

Published September 6, 2008, 12:28 pm, Austin American-Statesman

Many older adults looking to extract cash from their homes have recently turned to reverse mortgages rather than take on new monthly debt through second mortgages or home equity lines of credit. But these transactions can be expensive — closing costs can often run to $15,000 — and risky, because borrowers face big penalties if they move.

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No easy cure for market malaise

Published September 6, 2008, 12:26 pm, The Star-Ledger

Is the bear market in stocks turning into a grizzly? Bill Gross, head of the world's biggest bond fund, suggested as much last week when he called on the federal government to start buying the trashy securities others are dumping.

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Get Prepared

Published September 6, 2008, 11:54 am, Leesburg Today

While most residents prepare to settle into their fall routine of getting back to school and hoping that this will be the season for the hometown Redskins to play to their full potential, county leaders turn their focus to the chores ahead.

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Are you looking for additional Finance > Income Tax news? Try our new "Income Tax News Focus" area.

Off-site Income Tax Links, User Submitted

The following links have been collected through user bookmark submission in the Income Tax category. Please note, because these resources are off-site we cannot guarantee the accuracy or quality of any information.

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  • Income tax - Wikipedia, the free encyclopedia: Since seeing 'From Freedom to Fascism', I've been more than a little piqued about the truth of our income tax system. What it made clear to me is that federal income tax is *not* what pays for our roads (paid by gas tax), our schools (paid by property tax). What I'm discovering is that our federal taxes really pay mostly for our warring activities--hi storically that is so, and seems pretty relevant now. History: http://www.wor ldwide-tax.com /history_of_ta x.asp Present day: http://www.nat ionalprioritie s.org/costofwa r_home
  • taxworry
  • GAO report finds most companies get around fed income tax; Good for them...: In a recent report conducted by the General Accountability Office (GAO) it was found that roughly two thirds of US corporations found ways to avoid paying federal income taxes between the years 1998 and 2005. Additionally, it was found that 68 percent ...

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