Examples of Revenue Acts in a sentence
These include, but are not limited to, cases where a person is a Respondent in any court proceedings brought by the Criminal Assets Bureau under the Proceeds of Crime Act 1996, Revenue Acts and Social Welfare legislation.
All payments will be subject to existing taxes as applicable in terms of the Inland Revenue Acts and any subsequent amendments and notices issued by the Department of Inland Revenue, Sri Lanka.
Subsequent Revenue Acts, Reform Acts, Restructuring Acts and the like dictated various new requirements for these exempt organizations through the years.
Column A of Schedule 1.(2) The envisaged division among the national, provincial and local spheres of government of revenue anticipated to be raised nationally in respect of the 2019/20 financial year and the 2020/21 financial year, and which is subject to the Division of Revenue Acts for those financial years, is set out in Column B of Schedule 1.
Prior to the effectiveness of Closing, all risk of loss, damage or other casualty to the Purchased Assets shall be borne by Sellers and Sellers shall promptly notify Purchasers of any such loss, damage or casualty or any other change in condition of the Purchased Assets that may lead to such loss, damage or other casualty.
This point is well illustrated by the famous tax cuts in 1924 and 1926 (the Revenue Acts of 1924 and 1926), sometimes referred to as the “Mellon tax cuts” after the Treasury Secretary who championed them.
At any rate, I am unable, by implication, to impute to Congress under the broad language of our Internal Revenue Acts an intent to impose a tax for the benefit of the Federal Government on income derived from the restricted property of these wards of the nation; property the management and control of which rests largely in the hands of officers of the Government charged by law with the responsibility and duty of protecting the interests and welfare of these dependent people.
IR officers must also comply with the secrecy confidentiality obligations in section 81 18 of the TAA which provides that all such officers must keep confidential all sensitive revenue information secret matters relating to the Inland Revenue Acts (except to the extent that an exception in the TAA appliesdisclosure is permitted under the TAA).
This scheme is applicable to persons who are respondents and/or defendants in any court proceedings brought by, or in the name of, the Criminal Assets Bureau, including court proceedings under the Proceeds of Crime Act 1996, the Revenue Acts and the Social Welfare Acts and applications made by the Director of Public Prosecutions under Section 39 of the Criminal Justice Act 1994.
Municipalities must therefore identify reprioritisations and savings that can be implemented in time to offset the impact of lower equitable share increases by the end of the 2021 MTREF period.Figure 1: Comparison of total local government equitable share (LGES) allocations for Western Cape municipalities in the 2020 and 2021 Division of Revenue Acts It should also be noted that some municipalities will face steeper changes that the average growth rates cited above.