Is a Fat Tax Necessary in Singapore?
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Essays on Tax
Overview of the Documents Needed to File Taxes
It’s that time of year again. Confusion stress and seemingly endless headaches. It’s tax season. For most people, the thought of doing their taxes is panic-inducing. In fact, 28% or roughly 1 in 4 Americans cited high taxes as a source of constant stress in...
My Path to Choosing a Tax Lawyer Career
I was anxious before I became introspective. I was anxious on 22nd December 2010 when I went to a cyber café to register for my Jamb Exams. I was anxious when the scroll bar pulled down and I selected Law as my choice of course...
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...
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...
The Cancellation of Import Tax on Mobile Telephones in Israel
The Finance Minister of Israel, Moshe Kahlon has decided to allow mobile phones to be imported without any tariff, an import tax placed on goods produced abroad. A tariff is a form of protectionism, which is the placement of legal restrictions on international trade. The...
Buy and Holding Real Estate
Purchase and hold real estate investing has its own distinctive set of tax and accounting rules. As discussed in articles on flipping properties, and rent-to owns, utilizing the proper structure is critical. Think of this as a brief primer on those rules, and how they...
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...
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...
The Issue of Sexism in Tax Paying
Should men be taxed? Sexism has existed for many years and it might never come to an end. Back in 1778, women struggled with high tariffs and were easily brainwashed into paying them. Nowadays the gender wage is even more severe since women are getting...
Tax Investigation in Southall
Tax investigation in Southall our corporation have more than one years of enjoy in tax research. In Southall we are very cooperative with different groups. Our team of workers can easily take care of your necessities. Most groups have to face the problems. If its...
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...
Direct and Indirect Tax in India
In India, there are 2 types of tax: Direct Tax and Indirect Tax. There is a difference in tax issue between State and the Central Government. Through this loophole sometimes taxpayers escape the system. So, GST has been launched to reduce the inefficiencies of the...
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...
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,...
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...
Avoiding Capital Gains Tax
There are various ways to minimize and avoid capital gains tax by making use of the exemptions in the Income Tax Assessment Act of 1997. One of those ways is to make use of the exemptions regarding acquiring and residing on a property. What is...
Licensing & Tax Reforms Proposed: the Telecom Regulatory Authority of India (trai)
The Telecom Regulatory Authority of India (TRAI) has made some recommendations to elucidate licensing and regulatory frameworks besides rationalization of high taxes and levies by 2019 in order to allure $100 billion of investment by 2022, as much as $60 billion of this in the...
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...
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