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#1006330 --- 04/08/09 12:38 PM
Re: Decision Delayed in Indian Tax Case *DELETED*
[Re: trump]
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Member
Registered: 03/30/09
Posts: 314
Loc: Geneva
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The Cayuga tribe fails to pay "collect and remit" the sales taxes on cigs and gas do they also refuse to pay their income taxes from their businesses to NY state? Very good question. It's only a good question if you don't already know the answer, which I suspect blue zone does. But.....I'll answer anyway. Indian Nations are exempt from income tax. I did not know the answer. I have not discussed it with bluezone. I don't know him at all. I have no idea who he/she is. We have only exchanged a small number of PM's on here. Are all individual Indians exempt from personal income taxes as well as Indian owned businesses? Does this apply to federal income tax as well as state? So Pullens doesn't pay income tax either? who decided this? since you are not an Indian, I assume you pay income tax? How many members are there in the NY Cayuga Nation? Do they all live in upstate NY? Do any of them live in what could be considered substandard housing? I only said I thought blue zone knew the answer.... Lot's of legit questions here, whew! I'll try and answer those that I can- Individual indians are not exempt from income tax - ony indian nations. I believe there is some provision for individuals who work and live on the reservation being exempt from state income tax, but I do not know of anyone personally that uses this provision. Income tax exemption for Indian Nations applies to state and federal income tax. The Nation's non-reservation located businesses are LLC's of which the Nation is the sole member - making them exempt from income tax. Any business 100% owned by an Indian Nation is exempt from income tax, regardless of it's location. There is a special section on the IRS website dedicated to Indian tax provisions. Check there for more details. I pay income tax (seems like lots of it!). Membership information is privileged. Sorry. Can't answer those. I would guess, and that's what it is - a guess - just like in any culture, some members live better than others, some in nice house, some in not so nice houses.
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#1006861 --- 04/09/09 11:09 AM
Re: Decision Delayed in Indian Tax Case *DELETED*
[Re: SilverFox]
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Diamond Member
Registered: 12/19/04
Posts: 36327
Loc: USA
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Tobacco profits to go up in smoke? Updated: 04/09/2009 05:53 AM By: Britt Godshalk
ALBANY, N.Y. -- "It is just ludicrous," said Jim Calvin, the president of the New York Association of Convenient Stores. "How can the state justify increasing a fee on any small business by 900 percent or 4,900 percent?"
The folks at NYACS have smoke coming out of their ears. The cost to sell cigarettes in New York just went from $100 annually per store, to $1000, $2,500, even $5,000, depending on the store's gross sales of all products.
"Many of them are going to make the calculation that it's not worth it," said Calvin. “And actually the goal of this higher fee."
In a statement, the state Department of Budget said, "This public health initiative will help decrease the availability of tobacco products, which cost the lives of thousands of New Yorkers each year. Additionally, it will provide critical resources to fund health care programs."
Tobacco profits to go up in smoke? A measure passed in this year's state budget has sparked a hot debate, this time over an increase to the state's fee on cigarette and tobacco retailers. Our Britt Godshalk takes a look.
"To say that if our stores have to stop selling tobacco, there won't be any more tobacco and people won't have access to it, no, that's baloney. They are just going to go to these unregulated outlets that are beyond the reach of New York State Regulation and Taxation," said Calvin.
"Whether it's a guy on the street in NYC, or the Internet, Native Americans, even Vermont," said Christian King, who owns a chain of convenience stores in the Albany area. "We're pushing people towards these alternative sources."
"Those customers who stop coming through the door, not only are they not buying tobacco products any longer, but they aren't buying other products either, a soda, a coffee, a newspaper," said Calvin.
NYACS says many customers who come in to buy cigarettes pick up a lottery ticket on the way out as well, but if they don't come in to buy cigarettes, they won't buy lottery tickets either. The lottery provides dollars for the state education budget, dollars that NYACS says will now go up in smoke.
"Even as little of a one percent drop in lottery sales would translate to a loss of more revenue than this license fee increase would generate," said Calvin. "So the state has done its homework on how this is going to impact the budget as a whole."
The fees will come due in September.
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Copyright ©2008 TWEAN News Channel of Syracuse, LLC, d/b/a News 10 Now. All Rights Reserved.
Paterson are you for REAL?
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