Parents and schools will each need to pay an average
stamp tax of almost TL 150 ($50).
A
stamp tax is paid by everyone - residents and non-residents, individuals and institutional investors - on every transfer of ownership of a security issued by the state or an institution in the state.
(2) In response to the "abuse" of Crescent, the legislature amended [section] 201.02 in 2009 to apply the Florida documentary
stamp tax to the sale of ownership interests in an entity that owns Florida real property where such real property was conveyed to the entity within three years of sale.
On Tuesday, it was reported that China was planning to triple its
stamp tax on securities trading from 0.1 percent to 0.3 percent to cool its stock markets.
Florida law allows persons who average less than five taxable documentary
stamp tax transactions per month to remit tax by the 20th of the month following the taxable transaction.
New York State has many taxes due on sales, including the transfer
stamp tax at $4 per $1,000; a .0265 tax on transfers above $500,000; a mansion tax on residences over $1 million; and the transfer tax of 10 percent of the amount of any gains.
LGUs' IRAs currently rely on BIR collections of documentary
stamp tax, donor's tax, excise, estate tax, income tax and VAT, or value-added tax.
Based on SERG's report, the DOF said the largest gains last year were seen in tobacco excise tax, automobile excise tax and documentary
stamp tax collections.
In particular, it has discussed hiking the doc
stamp tax on real estate transactions (real estate transfer tax), taxing home repairs like plumbing work, and placing a tax on moving services.
Qureshi will be the special prosecutor in the case where the DCJ has been charged with abuse of office, failure to pay
stamp tax, improperly obtaining Sh12 million from Imperial Bank, and obtaining security for a loan by false pretence.
The cabinet also agreed to a bill to exempt financiers from a portion of the delay fine imposed on them according to the laws of
stamp tax and income tax.
Just as the EGX awaited a decision on the
stamp tax last week, the traders are now awaiting the decision of the Central Bank of Egypt's (CBE) Monetary Policy Committee (MPC) on Sunday.
