Sentences with phrase «applying normal income tax»

The South African Reserve Service (SARS) has announced that it will be applying normal income tax rules to cryptocurrencies.

Not exact matches

If a student loan was forgiven under other circumstances, such as an inability to pay, then normal income tax regulations apply.
The relative numbers of these are such that my tax on my «normal» income (written on line 47 of the form) is less than the maximum tax credits I can access on lines 48 - 54, so my «normal» income tax burden is zero with some «wasted» credits that then apparently can't be applied toward my self - employment tax (line 57).
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