What is meant by Tobin tax?

What is meant by Tobin tax? The Tobin tax is a tax levied on spot currency conversions, with the intention of disincentivizing short-term currency speculation, named after economist James Tobin. It is more formally known today as a Financial Transactions Tax (FTT), or less formally a Robin Hood tax. Does India have Tobin tax? Tobin […]

Is there a Schedule B for Form 1041?

Is there a Schedule B for Form 1041? Form 1041, Schedule B synthesizes all the important information into the all-important income distribution deduction. Subtract that number from your total of Schedule B, lines 1 and 2, to arrive at the distributable net income (DNI), or the total amount that could possibly be taxed to the […]

Back to Top