1 Duration between two dates â Calculates number of days. 2  Time and Date Duration â Calculate duration, with both date and time included.  Birthday Calculator â Find when you are 1 billion seconds old.
You are opting to tax land. For the purposes of VAT, the term âlandâ includes buildings. When you opt to tax, you can specify an area of land or a âbuildingâ. Commonly, you will specify a âbuildingâ because that is the prominent feature of the land.f you have recovered input tax on the basis of an intention to opt to tax and wish to retain the input tax recovered, you must make an option to tax at the very latest before any supplies of the land or buildings are made, and notify the option as detailed in paragraph 4.2.
Two major taxes that may apply to your business are corporate income taxes and franchise taxes. The difference lies in what exactly is being taxed -- income taxes apply to profit, while franchise taxes do not -- and who's doing the taxing.