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LSDefine

Simple English definitions for legal terms

duplicate taxation

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A quick definition of duplicate taxation:

Duplicate taxation is when someone or something is taxed twice for the same thing. This can happen when two different governments or agencies both try to tax the same person or thing. It's not fair to be taxed twice for the same thing, so it's important to make sure that taxes are only paid once.

A more thorough explanation:

Duplicate taxation is when a person or business is taxed twice on the same thing or income. This can happen in different ways:

  • Double taxation: This is when the same property or income is taxed twice by the same government or different governments. For example, a company may be taxed on its profits and then shareholders may be taxed again on the dividends they receive from those profits.
  • Juridical double taxation: This is when two or more countries tax the same person or business on the same thing or income. For example, if a person works in one country but lives in another, they may be taxed by both countries on their income.

Duplicate taxation can be unfair and burdensome for taxpayers. To avoid it, some countries have tax treaties that prevent double taxation for certain types of income.

An example of double taxation is when a company earns $100,000 in profits. The company pays corporate income tax on those profits, let's say 21%, which amounts to $21,000. Then, the company distributes $50,000 of those profits as dividends to its shareholders. The shareholders must pay personal income tax on those dividends, let's say 15%, which amounts to $7,500. In total, the company and its shareholders paid $28,500 in taxes on the same $100,000 of profits.

An example of juridical double taxation is when a person works in one country but lives in another. The person may be taxed on their income by both countries. To avoid this, some countries have tax treaties that allow the person to claim a tax credit in one country for the taxes paid in the other country.

duplicate-claiming rejection | duplicate will

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21:09
i was about to have a heart attack
21:09
at the berk decision lmao
@madollyy: I focus on bringing your GPA up as much as possible in the last semester because once you graduate you cannot change that. So don't study for the LSAT next semester if you think that would impair your ability to get straight A's. As for LSAT studying, I would recommend LSAT Demon (ik controversial), the Loophole, and Reading Comp Hero.
*I would focus
JumpySubsequentDolphin
21:11
@texaslawhopefully: oh I’m not sure hahaha im just basing off of my friend who got a tutor bc she was rly struggling and it seemed like it helped her!
Yeah, that's fair! For some people it can help a lot. I'm just saying in general I don't think it is necessary unless you are trying to finetune a very specific area (or get to the high 170s because that is another thing in and of itself) OR are just terrible at the test. I tutor the test and I find that most people can improve just as much through self-study.
JumpySubsequentDolphin
21:13
that makes sense for sure
JumpySubsequentDolphin
21:13
i think for her it was a lack of discipline more than anything else tbh. she could not get herself to meaningfully study on her own
madollyy
22:05
I've finished all my major requirements, so I'm taking pretty much all electives next semester. Keeping one major specific class bc I'm majoring in it for a reason haha. But I'll be pretty free to study and try and improve my GPA. I will try self study first, see where that gets me. If that doesn't work I'll look into tutoring!
the way there probs won't be another wave until after thanksgiving LMFAO
i hate this
JumpySubsequentDolphin
22:07
omg i just got a Snapchat memory of my friend losing her mind bc she thought Eminem was black
JumpySubsequentDolphin
22:07
SHES FROM MICHIGAN
JumpySubsequentDolphin
22:07
THIRTY MINS AWAY FROM DETROIT
babycat
22:10
most of the stuff a tutor will teach you is stuff you can figure out yourself if you’re sufficiently motivated. if you would benefit from some support and structure tutoring can be helpful
babycat
22:13
thanks for the plug dk you’re a sweetie
^^one hundred percent agree
babycat
22:16
texas what made you decide you wanted to go to law school so young? just opportunity cost or something else?
GodsPlanUltimately
22:45
I ust submitted my application on LSAC but why does it say transmitted (still in the active application) and is not in the complete application file?
GodsPlanUltimately
22:45
Freaking out here
babycat
22:46
because you just submitted it. give it like an hour and it’ll go into the complete file
GodsPlanUltimately
22:47
Rationally that's what I thought but irrationally I was like crying throwing up did I mess it up lol
babycat
22:49
Lol you’re all good
GodsPlanUltimately
22:49
I'm assuming then for status checking eventually that the school emails you that information once LSAC finishes processing?
babycat
22:50
Yep
GodsPlanUltimately
22:50
Thank you ╱|、 (˚ˎ 。7 |、˜〵 じしˍ,)ノ
GodsPlanUltimately
22:50
Just stressing because this is my first and only app.
GodsPlanUltimately
22:53
Does the CAS Report send once the school requests it or do I have to send it ?
babycat
23:02
It sends automatically
babycat
23:02
Why only one app?
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