The parties have entered into an agreement whereby one party has been retained to manage and operate a certain business. Other provisions of the agreement.
The parties have entered into an agreement whereby one party has been retained to manage and operate a certain business. Other provisions of the agreement.
Arizona has a relatively low and flat personal income tax structure with rates ranging from 2.59 percent to just 4.54 percent. Various top-heavy income tax preferences, such as a partial exemption of investors' capital gains income, significantly erode the fairness and revenue yield of the state's income tax.
In short Business Personal Property can be defined as assets used to operate a business, farm or ranch. The main characteristic of personal property is its mobility without damage to itself or to the real estate in which it is located with some exception (see the following paragraph).
Property owner (applicant) must be 65 years of age or older. 2. The property must be the primary residence of the property owner and must have lived there for at least 2 years. 3.