tax point

tax point

the time at which a supply of goods or services is treated as taking place and at which VALUE ADDED TAX becomes chargeable.
References in periodicals archive ?
The goods are gone now and there's nothing that can be done, but from a tax point of view, the government has lost out.
Labour needs to understand (like many of those who have left the party) that we, as working class people, alone cannot afford to fund the NHS, Benefits, Social Care and so on without income from these huge employers both from a wages and a corporation tax point of view so there has to be a happy medium to keep these companies in the UK - or we will sink.
Sources say the house is situated near the Manesar-Palwal expressway with no toll tax point and little police patrolling in the area and highway robbers as well as cow smugglers are active here at night.
Either from a tax point of view or from an IT point of view, both solutions technically address the requirements, just go about it differently, but perhaps they are only the immediate needs.
This is an extremely important issue to address, he says, as for companies using the private equity funds structure "there should be no penalization from a tax point of view.
Critics of the tax point out that the tax is aimed at a segment of the economy that consists not only of small businesses, but small businesses that are dominated by women -- with 70 percent of tanning salons owned by women, and with women being the bulk of the customer base.
At that time, provincial income taxes--with the exception of Quebec--were computed as percentages of federal income taxes, which gave rise to the terminology of "tax points"--each percentage point being one tax point.
Society of the Irish Motor Industry dir"It be frtf director general Alan Nolan said: "It's about ensuring the State can be protected from being defrauded from a road tax point of view but the real issue here is to protect future buyers of the vehicles and also road users in case the vehicles have been modified.
You probably want to sit down with a pensions expert to make sure that everything you are planning to do makes sense from a tax point of view, that you are making best use of all of the tax allowances available to you, and that you are able to use your personal pension and the final salary benefits you have in the most efficient way possible.
1) The method of taxing the remuneration of a partner in a capital partnership (it is more beneficial from the tax point of view to pay interests on a loan than the dividend).
At the same time, sources of income have become more mobile: There is an increasing focus on intangible assets and mobile investment income that can easily be "optimized" from a tax point of view and transferred abroad.
On the other hand, if the seller was expecting to be taxable on the full gain, it would usually not be the preferred approach of the seller (from a purely tax point of view).