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  • Taxation of Tangible Personal Property Used in Agriculture (Classic Reprint)

Taxation of Tangible Personal Property Used in Agriculture (Classic Reprint)

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Excerpt from Taxation of Tangible Personal Property Used in AgricultureThe tax status of farm personal property in remaining States is not so clearly defined. Seven States completely exempt farm machinery and tools, and 10 others grant partial exemptions. In six of these States the exemptions are subject to a dollar limitation, ranging from a maximum of $300 in Iowa up to a limit in Connecticut. Kentucky exempts farm machinery and tools from all local property taxes but not from State levies. In North Dakota part of the value of farm machinery on which a sales or use tax was paid is exempted in the first year after purchase.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully, any imperfections that remain are intentionally left to preserve the state of such historical works.
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