Julius Sakys

An eviction lot is a lot in a warehouse used, or reserved for use, to store items placed in storage as the result of an eviction from a place of residence or business.

A customs bonded warehouse is a secured warehouse in which dutiable goods may be stored, manipulated, or undergo manufacturing operations without payment of duty.

Yes, but the conditions are less restrictive of the individual batteries and vary according to the characteristics and the number of elements and batteries.

No, e-invoicing is not applicable to nil-rated or wholly-exempt supplies as in these cases, only a bill of supply is issued and not a tax invoice.

Business income is all income arising from transactions, activities, and sources in the regular course of the taxpayer's trade or business. Business income includes a taxpayer’s distributive share of income or losses reported on a federal schedule K-1, including portfolio income. Portfolio income includes interest income, dividend income, royalty income, and net short-term and long-term capital gains (losses) to the extent included in federal adjusted gross income. Rental income is also considered business income if it is determined to be an integral part of the taxpayer’s trade or business.