ANOTHER LOOK AT NATL. SALES TAX: Will reform hurt f/s?
- VAT and zero rating. Walker, Ben // Caterer & Hotelkeeper;5/25/2006, Vol. 196 Issue 4426, p56
The article explains the imposition of the value-added tax on food supplies. The tax is governed by the legislation on zero rating, which refers to goods that are taxable but at a zero rate. The significance of this rating is that businesses selling such goods may claim back their input tax....
- Taxing time for industry as pols sidestep budget bill. Allen, Robin Lee // Nation's Restaurant News;1/22/96, Vol. 30 Issue 4, p1
Discusses tax issues for the food service industry in the United States. Changes in industry provisions; Work opportunities tax credit; Increasing hours necessary to qualify for credit; Loss of tax credit.
- Industry supports federal tax cut plans. // Nation's Restaurant News;5/26/2003, Vol. 37 Issue 21, p1
Reports that restaurant association officials in the United States are supportive of the federal tax cut plans and are optimistic that the food service industry will benefit from whatever the final outcome is. Effort of lawmakers to reconcile the House and Senate versions of President George W....
- IRS to operators: Help us and we won't audit you. Prewitt, Milford // Nation's Restaurant News;6/13/94, Vol. 28 Issue 24, p14
Reports that the Internal Revenue Service (IRS) is expanding an initiative that promises restaurant owners and their employees will not be audited if they agree to participate in a program to improve tip reporting and paying Social Security taxes. Attempt to secure more restaurant compliance to...
- Industry cries for tax relief as pols cut favored provisions. Allen, Robin Lee // Nation's Restaurant News;08/11/97, Vol. 31 Issue 32, p1
Reports on the reaction of the foodservice industry to the tax bill where lawmakers edited favored provisions. Tax relief as directed at individuals and not at businesses; Loss of capital gains tax cut for corporations; Elements in the bill that elicited praises from the industry. INSET: The...
- SC operators oppose State Supreme Court's tax ruling. Hayes, Jack // Nation's Restaurant News;12/4/95, Vol. 29 Issue 48, p7
Focuses on a State Supreme Court ruling granting local governments in South Carolina the right to levy meal and room taxes without prior statutory authorization by the state's General Assembly. Validation of an ordinance enacting a one-percent tax on meals in restaurants serving alcohol;...
- Meal deductibility remains an issue on Congress' menu. Allen, Robin Lee // Nation's Restaurant News;03/24/97, Vol. 31 Issue 12, p42
Focuses on 1997 Chain Operators Exchange (COEX) confab attendees' discussion on the possibility that the foodservice industry can get capital gains and estate tax relief during the 105th Congress. Journalist Jeffrey Birnbaum's agreement that lawmakers were not likely to restore meal...
- Employment. Colman, Adrian // Youth Studies Australia;Jun99, Vol. 18 Issue 2, p7
Offers information on employment and youth in Australia. Difficulty being experience by youth in establishing themselves in employment; Estimated job that will be lost in the food service industry because of taxation; Migrants that are likely to become unemployed in the country.
- Martinis Redux? Jacobson, Louis // National Journal;4/04/98, Vol. 30 Issue 14, p773
Reports that several trade associations in the United States are seeking to raise the tax deduction for business meals from 50 to 80 per cent. Identification of associations behind the tax deduction campaign; US House Ways and Means Committee members who are the lead sponsors of the campaign.