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Q: Is individual income applicable to lottery income? A: According to the 6th Article in the Individual Income Tax Law, IIT is applicable to following cases: occasional income, ...
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There are two ways you can take deductions on your federal income tax return: you can itemize deductions or use the standard deduction. Deductions reduce the amount of your taxable...
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Q: Why I received the Form 1099-INT? A: You should receive Copy B of Form 1099-INT or Form 1099-OID reporting payments of interest and/or tax-exempt interest of $10 or more. You...
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Q: What is the initial duration of stay of a person permitted to work in Hong Kong under the Investment as Entrepreneurs scheme? A: The person who is successfully permitted to w...
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Taxpayers who have financial difficulties in settling their tax bills on time may apply to the Hong Kong Inland Revenue Department (“IRD”) for payment of tax by instalments. The ...
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Q: When can a foreign company prepare its financial statements in accordance with the requirements of the place that it is incorporated? A: If the law of the place of incorporat...
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Taxable income is income that is subject to tax. Income 'accrued in' or 'derived from’ Singapore as well as income received from outside Singapore is taxable. Q: What is Taxable...
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In 2020, due to the epidemic, many foreign and Hong Kong, Macau and Taiwan employees will not be able to enter our country as planned, what are the taxation for these employees tha...
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Q: What is the vocational clothing fee in Taiwan? Is there any limit on the amount? A: The taxpayer must wear special clothing or performance-specific clothing that is necessary...
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Q: Who must withhold personal income tax? A: If you are an employer as described in federal Publication 15, Circular E, Employer's Tax Guide, and you maintain an office or trans...