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The International Fuel Tax Agreement (or IFTA) is an agreement between the lower 48 states of the United States and the Canadian provinces, to simplify the reporting of fuel use by motor carriers that operate in more than one jurisdiction. [1] Alaska, Hawaii, and the Canadian territories are not required to participate, however all of Canada ...
A charitable remainder unitrust (known as a "CRUT") is an irrevocable trust created under the authority of the United States Internal Revenue Code ยง 664 ("Code"). This special, irrevocable trust has two primary characteristics: (1) Once established, the CRUT distributes a fixed percentage of the value of its assets (on an annual or more frequent basis) to a non-charitable beneficiary (which ...
State Taxes. The United States federal excise tax on gasoline is 18.4 cents per gallon and 24.4 cents per gallon for diesel fuel. [1] [2] Proceeds from the tax partly support the Highway Trust Fund. The federal tax was last raised on October 1, 1993, and is not indexed to inflation, which increased 111% from Oct. 1993 until Dec. 2023.
Industrial revenue bond. An industrial revenue bond (IRB), also formerly known as an Industrial Development Bond (IDB), is a unique type of revenue bond organized by a state or local government. The bond issue is sponsored by a government entity but the proceeds are directed to a private, for-profit business.
The IRA provider will send a tax statement of the distribution on Form 1099-R, typically in the January following the year of the distribution, as they would for any other. Taxpayers must then ...
There are 88 counties in the U.S. state of Ohio. Nine of them existed at the time of the Ohio Constitutional Convention in 1802. [1] A tenth county, Wayne, was established on August 15, 1796, and encompassed roughly the present state of Michigan. [2] During the Convention, the county was opposed to statehood, and was not only left out of the ...
An attempt to end the Ohio estate tax was blocked in 2001 when state revenues began to drop and intense lobbying from a league of suburban municipalities lobbied for a continuation of the tax. In 2007, the Ohio estate tax was again proposed for amendment or repeal. A repealing the estate tax of Ohio was enacted by its general assembly during ...
Early History. Bond Hill began as a commuter suburb connected to Cincinnati via the Marietta-Cincinnati Railroad.It was founded by a cooperative building association, the Cooperative Land and Building Association No.1 of Hamilton County, Ohio, the first post-Civil War housing cooperative in Cincinnati and the first building association to be organized along ideological and not ethnic lines.
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