income tax tagged posts

Samoan Chruch Tax Stoush Escalates

July 18, 2018 Taxation in Samoa

Church tax in SamoaAPIA – Samoa’s biggest church continues to deny that its ministers should be taxed, and now the church is even refusing to talk about the topic.

The ongoing battle between the government of Samoa and the nation’s biggest church, the Congregational Christian Church of Samoa, has taken another turn, as the church appears to have refused to talk about the matter until next year.

Earlier this year the government enacted a new law which would require church ministers to register to pay income tax, and to pay the tax on the money they receive while carrying out their duties.

The Congregational Christian Church of Samoa contests that the money that ministers receive is all in the form of donation and shouldn’t be taxed, and, further, the thought of taxing the donations is an affront to their...

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Samoa’s Tax Stand Off Continues

July 12, 2018 Taxation in Samoa

Church tax in SamoaAPIA – The tax dispute between the Samoan state and the Samoan church is continuing, with the government now threatening to confiscate minister’s assets.

The Prime Minister of Samoa Tuilaepa Sailele Malielegaoi has said that the government is not ruling out the potential confiscation of assets from church ministers, if they do not comply with the new tax rules regarding incomes from donations made by church-goers.

Earlier this year the government of Samoa announced that it will consider payments made to church ministers to be income, and, as such, to be liable for income taxes.

Samoa’s largest church contested that the payments are donations, and therefore should not be taxed, and added further that paying tax on the income is an insult to the faith.

The Church is maintaining that its...

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Tax the Robots, Says Bill Gates

February 20, 2017 International Tax Cooperation

Taxes on robotsWASHINGTON D.C. – Robots workers should be taxed at the same level as human workers, according to one of the world’s most prominent tech leaders.

In a new interview, the technology leader and philanthropist Bill Gates advocated for income taxes to be applied on robots and other technology which take over the roles of humans.

Bill Gates explained that an average worker pays a significant amount of income tax, social security, and other taxes on the incomes that they earn from carrying out work.

However, if a business was to replace the human worker with some automation technology, the machine would not be paying any taxes, despite carrying out the same work.

The decrease in tax revenues is likely to have a negative effect on the ability of governments to fund social infrastructure and s...

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State Taxes Unfairly Burden Low-Income Earners

February 16, 2015 Taxation in USA

WASHINGTON D.C. – Low-income taxpayers in the USA are paying a higher portion of their incomes than wealthy taxpayers, due to an excessive reliance on sales tax and excise duties.

Over the weekend the US based non-government organization Institute on Taxation and Economic Policy (ITEP) issued a new report detailing the fairness of the tax systems in different states in the USA.

The experts of ITEP indicated that “…virtually every state tax system is fundamentally unfair,” with low-income individuals in all states paying a higher portion of their taxes to taxes than wealthy individuals.

Across all the states of the USA the average total tax rate paid by the lowest 20 percent of earners is approximately 10.9 percent, while the middle 20 percent pay a rate of 9...

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Taxes Exceed 100% in France

May 21, 2013 Taxation in France

Taxes in francePARIS – Some households in France have been paying more taxes than they have actually earned in recent years, and thousands of other households payout more than three quarters of their income.

Over the weekend new information was released by the newspapers in France, claiming that in recent years some wealthy French households have faced income tax rates of more than 100 percent.

The exceptionally high tax rates were caused by a wealth levy which was imposed on households with assets valued in excess of EUR 1.3 million.

The tax was implemented in 2012 and applied for the 2011 fiscal year, and was intended to raise approximately EUR 2.3 billion in extra taxes for the year.

Due to the tax an estimated 8 010 households in France paid out an effective tax rate of more than 100 percent, while 9...

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