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Taxation Issues

Taxation Issues. DeLong Grant Law Partners. Direct Taxes. Definition Levied Directly on Taxpayer Examples Income Tax Property Tax. Indirect Taxes. Definition Tax Imposed on Rights and Privileges Tax on Goods and Services Examples Property Tax Sales Tax Value-Added Tax. “Jock Tax”.

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Taxation Issues

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  1. Taxation Issues DeLong Grant Law Partners

  2. Direct Taxes • Definition • Levied Directly on Taxpayer • Examples • Income Tax • Property Tax

  3. Indirect Taxes • Definition • Tax Imposed on Rights and Privileges • Tax on Goods and Services • Examples • Property Tax • Sales Tax • Value-Added Tax

  4. “Jock Tax”

  5. “Jock Tax” • Athletes • Musicians • Lawyers

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