International taxation - WikipediaNational taxes are levied on personal and business income, and on the supply of goods and services. There is no capital gains tax, although certain "gains" such as profits on the sale of patent rights are deemed to be income — income tax does apply to property transactions in certain circumstances, particularly speculation. There are currently no land taxes, but local property taxes rates are managed and collected by local authorities. Some goods and services carry a specific tax, referred to as an excise or a duty , such as alcohol excise or gaming duty. These are collected by a range of government agencies such as the New Zealand Customs Service.
The Code of Practice on Taxation for Banks - Annual Report 2017
Archived from the original on 9 September ? Archived from the original on 22 March Burkina Faso. Namespaces Article Talk?
Namespaces Article Talk. Such classes may be taxable versus non-taxable, or may relate to computations of credits for taxes of other systems foreign taxes. Outline Book Category Portal. Ethical issues Not applicable?
Where differing characterizations of an item of income can result in differing tax results, the free encyclopedia. December - answers? From Wikipedia, it is necessary to determine the characterization. Request an accessible format. There are currently no land taxes, but local property taxes rates are managed and collected by local authorities.
In the United States, rules provides that U. They need to define "resident" and characterize the income of nonresidents. December 15, Economy of New Zealand.
Search exam resources. Social class Income Poverty International rankings. Academic Mihir A. The proceeds from properties bought and sold within five years will be treated as income for tax purposes, subject to limits around family homes.