Archive for 'Definitions'

Tax of Personal Property

Non-tangible property isn’t property. The basic type of distinction between real property and personal property is whether it is attached to the property. For example, a refrigerator is not generally regarded as tied to real estate. However, a lighting, plumbing fixtures, carpet or vinyl tile is generally considered joining the real estate. Personal property includes [...]

Property Tax Consultant

Property tax consultant means a person who performs or supervises another person in the performance of property tax consulting services for compensation. Property tax consulting services means: – Preparing for another person a rendition statement or property report. – Representing another person in a protest. – Consulting or advising another person. Property Tax Consultants Advisory [...]

Individual Income Tax

Individual income tax or personal income tax is a tax on income of the person. Income includes wages, salaries, and other earnings such as interest earned by saving accounts, rents, royalties earned. Capital gains are also income, profits from the sale of stock, real estate, or other investments. Some countries require the citizens to file [...]

The Role of Business Tax Consultant

Everybody who run the world business or called with the businessman have rights and obligations of taxation as has set tax laws. Therefore, by growing business, a businessman has to understand more about the implementation of the rights and obligations of his taxation. Performing rights and obligations of taxation is very complicated, because it involves [...]