Presentation Transcript

1. Taxation________ by:Jose Lopez

2. History of Taxation The history of taxation in the United States began when it was composed of colonies ruled by the British Empire, French Empire, and Spanish Empire. After independence from Europe the United States collected poll taxes, tariffs, and excise taxes. The United States imposed income taxes intermittently until 1895 when unapportioned taxes on interest, dividends and rents were ruled unconstitutional.
3. Agree or Disagree with taxation? I think the tax are good, because without the tax the cops do not want to keep them at work.
4. Colorado In Colorado sales tax rates vary from city to city. The state sales tax rate is 2.9%. However, counties and cities charge their own rates in addition to the 2.9% state sales tax rate. A complete listing of the city and county tax rates can be found in publication DR 1002 "City/County Sales Tax Rates." yes they have income tax. http://www.toolkit.com/small_business_guide/sbg.aspx?nid=P07_4621
5. Florida Use tax is due on the use or consumption of taxable goods or services when sales tax was not paid at the time of purchase. For example: If you buy a taxable item in Florida and didn't pay sales tax, you owe use tax. If you buy an item tax-exempt intending to resell it and then use the item in your business or for personal use, you owe use tax. If you buy a taxable item outside Florida and bring or have it delivered into this state and you didn't pay sales tax on the item, you owe use tax. http://www.kulzick.com/fusetax1.htm
6. Nevada In Nevada a tax is imposed on all retailers for the privilege of selling tangible personal property at retail and on the storage, use or other consumption in Nevada of tangible personal property. http://www.toolkit.com/small_business_guide/sbg.aspx?nid=P07_5247
7. New New York The compensating use tax (the use tax) has existed quietly as a component of the sales tax system. It recently attracted new attention when New York State incorporated a self-assessment provision on its 2003 personal income tax return forms. New York is one of 19 states adopting such an approach this year. http://www.nysscpa.org/cpajournal/2004/704/essentials/p38.htm
8. Louisiana Louisiana uses_____taxeshttp://revenue.louisiana.gov/sections/business/sales.aspx the furnishing of rooms by hotels; the sale of admissions to places of amusement and to athletic and recreational events, the furnishing of privileges of access to amusement, entertainment, athletic, or recreational facilities; the furnishing of storage or parking privileges by auto hotels and parking lots; the furnishing of printing and overprinting; the furnishing of laundry, cleaning, pressing, and dyeing services; the furnishing of cold-storage space and the preparation of property for such storage; the furnishing of repairs to tangible personal property; and the furnishing of telecommunications services.
9. Wish List Nike shoes……. A new PSP…………
10. “NIKE Shoes “ item 1 $79,99 Champs 8.5% 83,13 Do better at school...
11. “new PSP “ item 2 $99,99 Wall-mart 8.5% $108,48 I will tell my dad that I will do better at the school…………
12. “south pole jacket” item 3 25,99 8.5% 27,78 Be a good son…. JC penney
13. PSP game (FIFA 11) item 4 39,99 8.5% 43,13 wallmart
14. “New backpack” item 5 27,99 8.5% 29.93 champs