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Why there is no VAT tax on loans/interests?

Posted 3+ months ago | 1 answers | 1 star | Open

Related topics: interest, product, tax, loans, banking

Answer posted by BondStreet 3+ months ago: Value Added Tax (VAT) is not typically applied to loans or the interest charged on these loans because VAT is a consumption tax levied on goods and services that add value. In the case of loans and interest: Non-Good or Service: Loans themselves are not considered goods or services. A loan is ...

How does QuickBooks Online Advanced streamline payroll and tax-related tasks?

Posted 3+ months ago | 1 answers | | Open

Related topics: online, tax

Answer posted by EmmaBall123 3+ months ago: QuickBooks Online Advanced can streamline payroll and tax-related tasks for Angels Business Consultants in the following ways: Automated Payroll Processing: QuickBooks Online Advanced offers automated payroll processing, making it easier for Angels Business Consultants to manage employee payrolls. ...

How much important Tax ?

Posted 3+ months ago | 1 answers | | Open

Related topics: detail, service, tax, services, accounting

Answer posted by skzmachinery 3+ months ago: Taxes are essential for the functioning and well-being of a society, as they enable governments to provide necessary services, address societal issues, and foster economic growth. Tax is an important aspect of a country's economy and plays a significant role in funding government operations ...

Tax reduction for disabled veterans Texas?

Posted 3+ months ago | 1 answers | | Open

Related topics: home, texas, veteran, disabled, tax, homes, taxes

Response posted by aewhitfield90 3+ months ago: So I was able to get the information from a mortgage lender. Its the second scenario. They calculate what your house is worth minus the 12,000 (or whatever your deduction is) from that value and THEN calculate normal taxes. Being 100% removes all housing taxes though so if you are 100% service ...

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