Taxes
How To Turn Your Old Beat-Up Car Into A Car Donation Tax Deduction
If you’re thinking about donating a car to a charity you may want to keep the following tips in mind. A car donation tax deduction can benefit not only you and the charity but a person in need also.
Charities have the option of using donated vehicles for their own use, for providing transportation for volunteers [...]
Hong Kong Urged to Reduce Corporate Taxes
Hong Kong’s economy has worsened sharply since early 2004, enabling the Chief Executive to promise in his election pledge to reduce the profits tax rate to 15 percent over his current term of office. This would form a reduction of nearly 14 percent from the current headline rate, enhancing Hong Kong’s reputation as one [...]
Is the Company Pool Car a Genuine Pool Car?
Many company directors and owners of small to medium sized companies feel that there has developed over the past ten years an unjust and ever increasing burden of taxation. There is a lot of evidence to suggest that when people feel they are heavily and unfairly taxed they start to look for ways of getting [...]
Revealed: Top 5 Country Tax Havens for Retirement
You have worked hard your whole life, and have been taxed every step of the way. If you are thinking of retiring, here are five options to consider:
1. Cyprus
In number 1 spot is Cyprus. It tops the list of exotic destinations mainly because it has an income-tax rate of only 5% on all pensions [...]
Comprehensive Tax Exemption Scheme in Singapore
The Hong Kong-based financial consultancy reports that, beginning in 2009 a newly launched company that sticks to specified conditions can claim a full tax exemption on the first 100,000 Singapore dollars (US$73,000) of normal chargeable income. This is apart from the 50 percent tax exemption provided to the next S$200,000, the report says.
Beginning in [...]