Taxes Questions and Answers

What is Excise Duty in india ?




Answers: It is an inderect tax in India.

http://www.cbec.gov.in/cae1-english.htm
another way for the man to stick it to ya !

How can you claim guide of household?

I am married and my husband is considered the bread winner can he claim boss of household yes or no? and why??


Answers: No. head of household is for someone who is unmarried or considered unmarried for charge purposes
No. Head of household isn't for people who are married. You can directory a joint return, which is even better than director of household would be.

What is use tax in US ? how it is calculated ?




Answers: The Use Tax is a state by state decision. If you buy something out of state, say in California, and pay no tax on it to California, then on your tax return, you must declare it and pay the same rate as the State sales tax. You just know that all the people on the internet, buying goods out of other states are just stepping up and doing that.
Use tax? Are you referring to a consumption tax, similar to the GST in Canada, or the VAT in many European countries?

The US doesn't have any sort of country wide consumption tax. Individual states often (but not always) levy a sales tax on sales of goods and/or services, but these vary greatly from state to state on rates and on the tax base (what you pay on). Occasionally cities will also levy sales taxes, as well as taxes on gasoline, hotel stays, that sort of thing.
There is no Federal Use tax per se, aside from some very specific ones such as the highway use tax paid by truckers. Sales and Use taxes are imposed by the individual States or local governments and in general are assessed to the ultimate or end consumer/user of the product or service.

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