Sentences with phrase «eliminated consumption tax»

Japan have eliminated the consumption tax on Bitcoin trading on April 1,2017 when it officially declared Bitcoin as a legal tender.

Not exact matches

On taxes, Johnson's position is that the U.S. should move from a system that taxes income to one that taxes consumption, with the hope of eliminating corporate income taxes altogether.

Eliminating income tax and corporate tax and abolishing the IRS, replacing them with one federal consumption tax

I'd rather tax consumption and pollution sources than tax business and productive activity (hence, eliminate corporate and income taxes, but tax brown power to make up for lost revenue and thus make green more price - competitive).

Also, much as with tobacco and alcohol, it would be much easier to control the quality of production eliminating harmful contaminants and diluents as well as controlling ant taxing consumption.

Furthermore, starting in July 2017, the consumption tax on the transfer of virtual currency will also be eliminated, so virtual currency usage is expected to spread exponentially.

On April 1, Japan officially declared Bitcoin's exemption from consumption tax and eliminated the possibility of double taxation on trading.