Stars Abroad Hit New Tax Rules In 1962 Revision
Movie stars and other Americans living overseas will face U.S. income tax on foreign earnings under the 1962 tax revision. The law tightens exemptions, curbs foreign tax credits, and taxes earnings of foreign subsidiaries currently untaxed until repatriated. It applies to earnings after March 12, 1962, for services after December 31, 1962, and for pre-1983 earnings under certain rules.
MENTIONED IN THIS ARTICLE
Fed
Treasury
Congress
U.S
U S
Joe Hall
Washington
Switzerland
Secretary of the Treasury
Douglas Dillon
United States
Kennedy
United
Preskleni Kennedy
Sanford Calls For Wider Kerr-Mills Act Use In NC
Gov. Sanford urged faster fuller use of the Kerr-Mills Act to fund hospital care for the aged in North Carolina. He named a special committee to draft legislation for 1963 and said federal matching funds could be provided with or without state participation. The plan aims to expand outpatient services, home nursing care, and hospital care for medically indigent seniors while preserving state control.
MENTIONED IN THIS ARTICLE
Raybigh
Sanford
North Carolina
Kerr-Mills
John Sanford
R. Jordan
Raleigh
Iay
Kennedy
General Assembly
Social Security
Grsi
American Medical Associal
Medical
Care Commission
Welfare Department
Ifands
Opossum Boy Wears Pet in Fort Lauderdale Hat
Top Opossum Ricky Brautigan aged 11 in Fort Lauderdale Florida wears his pet opossum like a Davy Crocket hat. He and his brother found a litter of six opossums when they were two inches long and have raised them to maturity.
MENTIONED IN THIS ARTICLE
Ricky Brautigan
Fort Laurderdale
Fla
Davy Croce
Pressure Cresoted Posts Poles Lumber Gregory General
Java Virginia store listing seeks hardware items including pressure creosoted posts and poles and lumber. Contact Gregory General at HE 2-2851 or 2-2855 for details.
MENTIONED IN THIS ARTICLE
Gregory General
Java
Hard Line Forces Colombia Wage Talks to Halt
In Bogota President Guillermo Valencia clamps down on a six day government worker strike. He refused talks, warned against any move toward social revolution, and pledged pay rises only if funded to avoid inflation. Government workers face salaries far below private industry.
MENTIONED IN THIS ARTICLE
Bogota
Colombia
Guillermo Leon Valen
Treasury Office
Valencia
Congress
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Albertson
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Cas Wwell County
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Siler ‘City
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Raeford
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Kinston
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Walnut Cove
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Chapel Hill
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Jordan
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