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Each designated tax captain was, on the average, responsible for tax collections in an area for which the land-tax quota was 10,000 piculs of grain (one picul is the equivalent of 3.1 bushels or 109 litres).
As part of a record $355.4 billion military spending bill, the Senate accepted an amendment by Senator Paul Wellstone, Democrat of Minnesota, that would prohibit any company that reincorporates after Dec. 31, 2001, in designated tax havens like Bermuda from receiving Pentagon contracts.
Kaiser Permanente, a large nonprofit, has its own designated tax rate.
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In fact, Maryland and Illinois have hopped on the bandwagon this year by designating tax-free days in August, and Florida is reviving their event after a two-year lapse.
The START-UP NY program designates tax-free zones on qualified New York State or City University campuses, as well as on the campuses of certain qualified community colleges and not-for-profit private colleges and universities throughout New York State.
Google and Microsoft have cut their overseas tax rates to single digits by establishing Dublin-registered subsidiaries, which they have designated as tax resident in Bermuda.
Republicans designated maintaining tax cuts as their top priority," he said.
The complex arrangement includes three subsidiaries, based ostensibly in Ireland, which appear not to be designated as tax resident anywhere, the committee said.
As a result of the survey, the town has drafted a proposed resolution for a designated property tax increase to be placed on the November ballot.
In the case of Panasonic, it's concerned that if the U.K. gets designated a tax-haven by Japan it could be saddled with back taxes back home.
Some of the computing group's Irish subsidiaries have been criticised by a US Senate committee because they appear not to be designated as tax-resident anywhere in the world.
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CEO of Professional Science Editing for Scientists @ prosciediting.com