ThomsonReuters

FEBRUARY 6, 2024

The differences between direct tax and indirect tax are important to understand. Direct tax is paid directly by the taxpayer to the government and cannot be shifted, like federal income tax. In contrast, indirect tax, such as business property taxes, can be passed on or shifted to others.

Tax 52

Tax income tax Oregon Ohio 52

CTP

MARCH 30, 2023

In these three related appellate cases, the IRS sought to recharacterize millions of dollars that had been paid as commissions into a domestic international sales corporation (DISC) and then shielded from income tax when the DISC contributed the funds to a Roth IRA. A DISC does not pay tax on commission income up to $10 million.

income tax 98

income tax Ohio Massachusetts Tax 98

PYMNTS

APRIL 12, 2019

Among other payment methods added across Amazon was a pilot that accepts government benefits tied to the Supplemental Nutrition Assistance Program (SNAP). The eCommerce company further announced it has expanded its grocery pickup to Whole Foods Market to Columbus, Ohio — bringing the total number of pickup markets to 30.

Technology 40

Technology corporation tax Retail Real Estate 40