least 90 days. As a person continues to abuse drugs‚ the brain starts needing more and more of that substance to reach that peak. The tolerance to the drug and subsequent increasing of the “dose”‚ puts a drug user at an increased chance of overdosing. An overdose occurs when too much of a substance is put into the body. The body struggles against the attack‚ but can’t always compensate as the organs are affected. During a depressant overdose(morphine‚ fentanyl‚ oxycodone‚ heroin‚ etc.) some of the
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TAX HAVENS DEFINING Tax Havens • Def 1:A tax haven is a country or territory where certain taxes are levied at a low rate or not at all. • Def 2: Tax haven or fiscal paradise are terms used to refer to a jurisdiction which enables its foreign residents or companies to reduce their tax liabilities from their homelands. • Def 3: "What ... identifies an area as a tax haven is the existence of a composite tax structure established deliberately to take advantage of‚ and exploit‚ a worldwide
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by the amount of the tax. There are two types of indirect taxes: 1) a specific tax : this is a fixed amount of tax per unit imposed upon a product and 2) an ad valorem tax: this is where the tax is a percentage of the selling price. When an indirect tax is imposed on a product it affects both consumers and producers. Part of the tax is paid by consumers and another part is paid by producers. The tax burden is shared between the two. The burden of a tax is referred to as tax incidence. The allocation
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Public Revenue Reporting and Monitoring The main sources of public revenue are: Taxes and levies such as for e.g. income tax‚ property tax‚ sales tax‚ license fees‚ import and export duties‚ levies charged for services etc Earnings from natural resources like oil‚ gas‚ minerals etc Loans from other governments‚ the private sector‚ or international financial institutions like the International Monetary Fund‚ World Bank and regional development banks that must eventually be repaid with
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prepaid income is the same for tax and financial accounting. An accrual basis taxpayer can spread the income over the period services are to be provided if all of the servidcdes will be completed by the end of the tax year ^^^answer The effects of a below-market loan for 450‚000 made by a a corporation to its chief The corporation has imputed interest income and compensation expense. As a general rule Income from property is taxed to the person who owns the property Income from services is
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------------------------------------------------- Tax Research Memo: Entity Selection Issue FROM: Mark J. Sobanski‚ CPA TO: Penelope‚ Mark and John. DATE: April 15th‚ 2013. SUBJECT: Entity Selection for the new business. Issue/ Considerations: It is desired to study the issue of how should the new business to be started by Penelope‚ Mark and John be structured? The related tax and non-tax considerations are as follows – I. The different forms of organization available to Penelope‚
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and deer. While ecosystems rely on animals to maintain a healthy status‚ they also rely on the environment to keep from drastic change. However‚ glaciers all around the world are melting. Due to global warming‚ polar ecosystems are being forced to change. Not only does the hydrology of melting glaciers lead to a warmer environment‚ but a warmer environment in turn affects polar ecosystems. The environment
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168-centimeter height and 80-kilogram weight. Working out every single day and trying to build a ripped body aren’t my things. However‚ I do love sports‚ a whole lot. Basketball‚ table tennis and swimming are hobbies that I enjoy doing real much whenever I have some free time or I simply need a stress reliever. The way I look and the way I speak may make people think that I’m an Asian American‚ but I’m not. I am originally from Vietnam and I left Vietnam to study abroad when I was 16‚ studied at a boarding
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increasingly important. That question is: do animals have rights? Here we examine what gives humans their rights and see why animals are entitled to the same rights based on the same claims for human rights. There is no evidence that supports human’s rights and also clearly excluded animals. In order to answer this question which comes up so frequently‚ the question its self must be clarified. What do we mean by animals? And what to mean by rights? Humans have been given a set of rights at birth‚ so we are
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As the end of the year 2012 approached‚ the passing of the Sin Tax Bill grew into being the “talk of the town” – or perhaps‚ of the entire country. On the 20th of December of the same year‚ President Noynoy Aquino finally signed Republic Act No. 10351‚ better known as the Sin Tax Reform Act of 2012 which was implemented on January of the year 2013.The sin tax law is expected to raise 30 billion pesos ($750 million) which will be used for the health care services for over 5 million poor families just
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