Why Filing Form 1099 is important in the USA
Filing Form 1099 It is very important for any of the individuals staying in the USA to file their taxes very properly. Form 1099 is one of the important forms that one must submit for any of the income they earn in that tax year. The person may earn through the rent, royalties, self-employment, miscellaneous […]
Tax claiming on inputs for imports to Singapore
You can claim tax if you import to Singapore by using below: UPS – United Parcel Service claims tax on goods imported from Singapore. As it is having various services that it provides to Shipping service to 220 Countries and Territories. Door-to-Door Service, Efficient transportation, covering 220 markets, International Portfolio, Easy Operations, Local & International, […]
Delaware Franchise Tax
Franchise Tax is the tax collected by the state of Delaware for the right to own a Delaware company. This tax has nothing to do with the income or activity of the company. The state of Delaware requires you to maintain it as the standing status of your company. The term “Franchise Tax” does not […]
Difference between Consumption Tax and Income Tax
Tax is a general term used for collecting a certain amount by government bodies from individuals and corporations. Tax is an involuntary fee that individuals or corporations enforced by local pay, state or central government to finance government activities for the betterment of the public. There are certain documents that are required to file taxes […]