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November 20, 2008



Idaho House Kills Internet Tax Plan

Anti-tax hawks in the state House have put a halt to Idaho's plan to join a nationwide push aimed at eventually forcing Internet and catalog companies to collect sales taxes when they sell to out-of-state customers.

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The Hindu Business Line : Income tax on household articles?

I recently sold some of my used household articles like furniture, installed modular kitchen, fancy light fittings etc for Rs 10 lakh. All these articles were at least eight years old. Will the sale proceeds attract income tax?

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Trend of owning tax avoidance methods grows in U.S

Texas lawyer Stanley Blend was stunned when someone mentioned tax patenting, the practice of declaring a tax strategy as a new invention and collecting royalties on it, at an American Bar Association meeting two years ago.

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