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Analysis Of The Canons Of Taxation

A good tax system should adhere to certain principles which becomes its characteristics. A good tax system is there for based on some principle. Adam smith has formulated four important principle of taxation. These principles which a good tax system should follow are called as...

Tax Taxation 1 Page

How Does The IRS Settlement Proces Work?

The bad news about getting a tax settlement from the IRS is that there’s no single, easy, streamlined and simple way to approach the negotiations process, but the good news is that you’ve got a variety of avenues to attempt before giving up on the...

Finance Management accounting Tax 1 Page

GST impact on indian economy

Fast Moving Consumer Goods (FMCG) has grown consistently during the past three – four years reaching to $25 billion at retail sales in 2008. Implementation of proposed GST and opening of Foreign Direct Investment (F.D.I.) are expected to fuel the growth and raise industry’s size...

Indian Economy Tax 1 Page

What is a tax?

The question is ,what is a tax? Tax is money that people have to pay to the government The government uses the money it gets from taxes to pay for things. For example, taxes are used to pay for people who work for the government,...

Government Tax Taxation 1 Page

Is A Fat Tax Necessary In Singapore?

A ‘fat tax’ is defined as a tax imposed on foods and drinks judged to be unhealthy and linked to the rising obesity rates. Fat taxes are generally encouraged by health advocates and dismissed by others as just another ridiculous bill passed by the nanny-state....

Health Singapore Tax 3 Pages

Alcohol Tax

This is an Australian news article that is explaining the specific tax that is put on alcoholic drinks. The specific tax is placed on a specific good or product and has a fixed amount for each unit sold, it is proportional to the quantity of...

Alcohol Tax 2 Pages

Permanent Establishment Rules – Purpose and Changes

Internationalization of economies having dramatically been increasing especially in recent decades puts strong burden and pressure on the rule system of international taxation which was a-century lasting. Limitations of currently-operating rules leads to the base erosion and profit shifting (BEPS), forcing policy makers to keep...

Business Business Insider Tax 2 Pages

Taxation Law: History And Classification

The most important source of revenue of the government is tax. And the act of laying tax is called taxation. Tax collection is an administrative appraisal upon property estimation, exchanges, legacy of the perished, licenses conceding a privilege or potentially wage, and obligations on imports...

Tax Taxation 2 Pages

The Implications of GST

Implications of GST Price reduction: Unification of different indirect taxes under GST will give boost to the existing tax-credit system, which will drive tax efficiency for manufacturers, wholesalers and also for consumers of goods. This will decrease the overall cost incurred by manufacturing sector which...

Service Tax 1 Page

Tax Debt IRS Information

Today anyone can get access to the internet. People search constantly and the item, commodity, thing they search most often is money. Expressly, how much money do people save from capture by the IRS and avoid debt to the IRS. To understand the general mentality...

Debt Tax Website 2 Pages

The Unrealistic Concept on the Issue of Unethical Behavior in Modern-Day Taxation

The issue of ethical behavior in taxation raises significant moral questions about justice and fairness in today’s business world (James, 2013). Although the issues espoused by Crowe are ancient, the reflection of ethics and taxation in the global business world is characterized by realities and...

Tax 1 Page

Impact of GST on Indian economy

Goods and Services Tax (GST) is an indirect tax levied in India on the sale of goods and services. Goods and services are divided into five tax slabs for collection of tax – 0%, 5%, 12%,18% and 28%. Petroleum products and alcoholic drinks are taxed...

Indian Economy Tax 9 Pages

Overview Of The Structure Of The Personal Income Tax

Two theoretical models available for the structure of the personal income tax are termed as schedular tax system and global tax system. A schedular tax system is when the tax rates are determined by separating income levels into different classifications whereby each classification represents a...

Income Tax Structure Tax 6 Pages

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