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  • Discussion Questions & Answers: Cf: F & O (2005) and F, O, & F (2002) Q1. Why should a tax on gasoline provide a larger incentive to reduce air emissions from motor vehicles than an annual tax on owning a vehicle? Answer: The answer depends upon the magnitude of the fuel tax relative to the vehicle tax. A fuel tax targets the three components of emission reduction (i.e. a) number of vehicles on the road; b) miles per vehicle; and c) emissions per mile). On the other hand, an annual tax affects only the marginal decisions to put a car...

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  • Government taxes and charges are added to the risk premium we quote. The total of these amounts is the premium we charge you. For more information about the factors we take into account, you can read our Just Car Comprehensive Car Insurance – Premium, Excesses & Claims Guide. It is available on our website at justcarinsurance.com.au (under the ‘Customer Centre’ section then ‘Policy Documents’) or call us on 13 13 26 if you would like us to send you a free copy. Excesses may be payable on any claim you make on this policy. See page 18 for further details....

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  • You can deduct contributions to charity only if you itemize deductions on your Schedule A of Form 1040. You must take into account certain limitations on charitable contribution deductions. For example, your deduction cannot exceed 50% of your adjusted gross income. Other limitations may apply. Publication 526, Charitable Contributions, provides detailed information on claiming deductions and the deduction limits. It also describes the types of organizations that are qualified to receive tax- deductible contributions. Publication 526 is available online at www.irs.

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  • If you are eligible to deduct charitable contributions for federal income tax purposes (see Qualifying for a Tax Deduction later) and you want to claim a deduction for donating your vehicle to charity, then you should make certain that the charity is a qualified organization. Otherwise, your donation will not be tax deductible. The most common types of qualified organizations are section 501(c)(3) organizations, such as charitable, educational, or religious organizations. This publication refers to section 501(c)(3) organizations generally as “charities.” ...

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