In France, from the 14th Century until 1946 (minus short repeals), citizens paid the "Gabelle" tax. In its original form, prior to the 14th Century, the Gabelle was an indirect tax on agricultural products and commodities like spices and wine. However, from the 14th Century onward, the word "Gabelle" was only used to refer to the salt tax. The salt tax was repealed and reinstated numerous times over six hundred years before being completely stricken from the books in 1946.
On December 20, 2019, Congress and the President agreed on a tax extender package as part of the “Taxpayer Certainty and Disaster Tax Relief Act of 2019”.
The Act reinstates many expired tax provisions RETROACTIVE to the 2018 tax year through 2020. An amended return for 2018 must be filed to take advantage of these extenders IF you qualify. These are the provisions: INDIVIDUAL PROVISION
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AuthorSal Censoprano is a Certified Public Accountant (CPA) and tax practice owner for over 40 years. He was born and raised in Brooklyn, New York and earned his master’s degree in taxation. Archives
December 2020
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