MEWDS (Multiple Evanescent White Dot Syndrome) is a rare, unilateral, self-limiting inflammatory disease that afflicts young women more than men in a 4:1 ratio. Despite the lack of treatment, the prognosis is excellent. Our patient is the typical age and gender.
To qualify for sale or exchange treatment, a stock redemption generally must result in a substantial reduction in a shareholderâs ownership interest in the corporation.In the absence of this reduction in ownership interest, the redemption proceeds are taxed as dividend income. The former shareholder has no interest, other than that of a creditor, in the corporation for at least 10 years after the redemption (including an interest as an officer, director, or employee).
The GST collected from the provision of taxable goods and services should be treated as a liability on the balance sheet of the church until such time as it is remitted to the Taxation Office.In the example below the church uses a cashbook maintained on a spreadsheet.he tract supplier has collected $100 GST on behalf of the government and Bluewater can claim an input tax credit for this amount. The Taxation Office therefore owes Bluewater $100 in relation to the acquisition of the tracts. This amount will be paid to Bluewater once the BAS for that period has been lodged.