tax point

(redirected from tax points)

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 ?
"Nobody can accept that the biggest tech and digital companies in the world pay 14 tax points less than other companies in Europe and elsewhere," Le Maire said.
This will be applicable on all toll tax points from Sunday ( November 1) morning as earlier ordered by the apex court.
There are some practical tax points worth checking out prior to the tax year-end (5 April 2015) so that all available tax allowances and exemptions are utilised, and this article explains the main points of relevance.
This item presents an overview of some of the tax points that should be kept in mind when choosing an entity.
The new block funding replaced the previous 50/50 cost-sharing arrangement with a combination of cash and tax points transfers that were frozen at 1995 levels for the next five years, significantly eroding service level provisioning due to inflation and population growth.
Tax points out that the language of the AMT regulations, referring to deductions as "loopholes," inherently stigmatizes the taxpayer as being a would-be cheat and "punishes the taxpayer for making a living" (The SET Tax, 2006).
ATHE main income tax points are that you have a basic personal allowance of pounds 6,475 for this tax year and the threshold for starting to pay 40% is pounds 37,400 taxable income.
The PPI manifesto reads like the India we wish we could have: All politicians to submit their CVs; accountability and performance evaluation for all ministers holding office; source of all wealth to be disclosed; no taxes of any sort on individuals; revenue raised instead by a transparent system without multiple tax points; no levies on trade between states; urban beautification to be priority; power, water and public transport to be available to all.
Many commentators believe Labour's abandoned manifesto pledge on the top rate of income tax points the way to its intentions.
"I am a firm believer that Ottawa's presence in some of these areas is actually not helpful." Robson says cuts to federal spending in provincial jurisdictions might be counterbalanced by the transfer of tax points from Ottawa to the provinces.
This review is timely given that the new federal Conservative government has committed to "fix, in collaboration with the provinces, the problem of the fiscal imbalance by increasing the amounts allocated to provincial transfers, by reducing taxes, or by transferring tax points to the provinces." (10)