CVT

(redirected from Capital Value Tax)
AcronymDefinition
CVTContinuously Variable Transmission (automotive, sport, utility & hybrid vehicles)
CVTContinuously Variable Transmission (vehicles)
CVTCenter for Victims of Torture
CVTConverter
CVTContinuously Variable Transmission
CVTCircuit Validation Test
CVTConstant Velocity Transmission
CVTCertified Veterinary Technician
CVTCapital Value Tax
CVTContinuing Vocational Training
CVTConstant Voltage Transformer
CVTControl Value Table
CVTCardiovascular Technologist
CVTCardiovascular Technician
CVTClub Veveysan de Tennis (French: Vevey Tennis Club; Vevey, Switzerland)
CVTCommittee on Vocational Training (UK)
CVTCentre de Veille Technologique (French: Technology Watch Center; Luxembourg)
CVTCentre de Vacances et de Tourisme (French: Vacation and Tourism Center)
CVTCommercial Vehicle Telematics
CVTCentroidal Voronoi Tessellation
CVTCapacitor Voltage Transformer
CVTCurrent Value Table
CVTCoordinated Video Timings
CVTCongenital Vertical Talus (aka rocker-bottom foot deformity)
CVTChemical Vapor Transport
CVTCommunications Vector Table
CVTChariton Valley Telephone (Bucklin, MO)
CVTTraining Aircraft Carrier
CVTCollege du Val-de-Travers
CVTControlled Variable Time
CVTCitizens for Voluntary Trade
CVTCollaborative Virtual Testing
CVTCreative Vision Technologies, Inc.
CVTChess Visualization Training
CVTCellular Video Transmitter
CVTColorado Valley Transit
CVTCode Version Table
CVTCerebrovascular Thrombosis
CVTCoosa Valley Technical Institute (Rome GA, USA)
CVTComposite Vinyl Tile (flooring)
CVTCenter of Volcanic Textures
CVTComponent Verification Tool
CVTConcept Verification Test
CVTConstant Velocity Target
CVTContinuous Verification and Testing
CVTCharacter Mode Virtual Terminal
CVTCentral Vermont Railway, Inc.
CVTControl Volume Thermodynamics
CVTCapital Variance Template
CVTClive Vale Translations
CVTConfiguration Verification Test
CVTColumbia County, Wisconsin Civil Municipal Districts
CVTCertified Vascular Technologist
CVTCryptographic Verification Test
CVTConformance Validation Test
CVTControlled Vulnerability Test
CVTCurrent to Voltage Transmitter
References in periodicals archive ?
Provincial governments should rationalize the taxation and duties implicated on the transfer of immovable property to and from REITs (including the Capital Value Tax, Registration fee and Stamp Duty) as implicated in the province of Sindh.
Table 4 Vertical Distribution of FBR Taxes as per the 7th NFC Award (Rs Million) Federal Revenues Budget Divisible Others Total Estimates Pool 2010-11 Income Tax 633,000 270,220 10,113 280,333 Capital Value Tax 4,700 2,027 28 2,055 Customs 180,800 76,231 5,079 81,310 Sales Tax 674,900 251,802 3,465 255,267 Federal Excise 153,600 63,095 868 63,964 Total 1,647,000 663,375 19,553 682,929 Provincial Revenues Divisible Others Total Pool Income Tax 343,916 8,751 352,667 Capital Value Tax 2,580 66 2,645 Customs 97,021 2,469 99,490 Sales Tax 320,475 99,157 419,633 Federal Excise 80,303 9,333 89,636 Total 844,296 119,776 964,071 Source: Author's estimates based on Budget Estimates of 2010-11, Explanatory Memorandum on Federal Receipts 2010-11.
v) withdrawal of capital value tax on purchase/sale of properties (which would take care of a possible duplication of tax as this has been levied in the federal budget), while the non-transferablepurchase/sale through development organizations/cooperatives has beenbrought into the net of stampduty.
Large number of transactions subject to withholding taxes and capital value tax escape taxation for reasons of misdeclarations and/or inadequate monitoring.
The Federal Board of Revenue (FBR) has granted exemption to third Pakistan International Sukuk Company Ltd from income tax and Capital Value Tax (CVT).
A total 80 percent target in favor of stamp duty and 84 percent from Registration fee while 142 percent target of Capital Value Tax has also been achieved.
The Finance Minister is contemplating to revive the proposal of sales tax on services with a new name as efforts to slap this tax were already failed twice, once as Capital Value Tax (VAT) and later on as Reform General Sales Tax.
On the Capital Value Tax, the bill states that "a tax on the capital value of an immovable property shall be payable by every person who acquires by purchase, gift, exchange, power of attorney other than revocable and time-bound (not exceeding 60 days), executed between spouses, father and son or daughter, grand parents and grand children, brother and sister, surrender or relinquishment of rights by the owner except by inheritance, or gift from a spouse, parents, grand parents, brother or a sister, an immovable property or a right to use an immovable property for more than 20 years, as is specified in sub-section 2, at the rates specified in that sub-section.
In order to remove discretion of assessing officers and to simplify assessment of customs duty on import of vehicles, a transparent system of fixed consolidated levy in lieu of custom duty, sales tax, income tax and capital value tax in foreign exchange is being introduced.
A number of taxes collected from the Pakistan Stock Exchange namely Corporate Tax, Super Tax, Dividend Tax, Capital Gain Tax, Capital Value Tax as well as sale tax.
A number of taxes are collected from the Stock Exchange namely, Corporate Tax, Super Tax, Dividend Tax, Capital Gains Tax, Capital Value Tax and Sales Tax, it was informed.
Currently, Capital Value Tax (CVT) on immovable properties is not being levied Islamabad capital territory.