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The Coronavirus Aid, Relief, and Economic Security Act, [b] [1] also known as the CARES Act, [2] is a $2.2 trillion economic stimulus bill passed by the 116th U.S. Congress and signed into law by President Donald Trump on March 27, 2020, in response to the economic fallout of the COVID-19 pandemic in the United States.
Taxation in Puerto Rico consists of taxes paid to the United States federal government and taxes paid to the Government of the Commonwealth of Puerto Rico.Payment of taxes to the federal government, both personal and corporate, is done through the federal Internal Revenue Service (IRS), while payment of taxes to the Commonwealth government is done through the Puerto Rico Department of Treasury ...
This bill, which became law as part of the fiscal year 2020 federal appropriations law signed in late December 2019, was intended to incentivize retirement planning, diversify the options available to savers, and increase access to tax-advantaged savings programs including 529 plans.
The first federal gasoline tax in the United States was created on June 6, 1932, with the enactment of the Revenue Act of 1932, which taxed 1¢/gal (0.3¢/L). Since 1993, the US federal gasoline tax has been unchanged (and not adjusted for inflation of nearly 113 percent through 2023) at 18.4¢/gal (4.86¢/L).
This Civil War-era income tax was repealed in 1871. A federal income tax was again introduced in 1894, and again included deductions for state and local taxes, [18] but in 1895 the Supreme Court ruled the income tax unconstitutional in Pollock v. Farmers' Loan & Trust Co. [20] [21]
The 2021 Canadian federal election was held on September 20, 2021, to elect members of the House of Commons to the 44th Canadian Parliament. The writs of election were issued by Governor General Mary Simon on August 15, 2021, when Prime Minister Justin Trudeau requested the dissolution of parliament for a snap election .
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