Sources Of Income Tax Law Essays and Term Papers

  • Tax Law and Accounting

    Tax Law and Accounting Every person, organization, company, or non-profit is subject to the income tax. Income tax refers to those taxes imposed on any money earned during a calendar year. The government taxes our income so it can have enough money to pay for the things we all need. In order to comply...

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  • Double Taxation Law in India

    DOUBLE TAX AVOIDANCE AGGREMENT SECTION 90 OF INCOME TAX 73 India has comprehensive Double Taxation Avoidance Agreements (DTAA ) with 79 countries. This means that there are agreed rates of tax and jurisdiction on specified types of income arising in a country to a tax resident of another country. Under...

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  • MIS note

     暨 南 大 学 本科生课程论文 论文题目:The reform of enterprise income tax law from tax bureau aspect 学 院: 国际学院 专 业: CGA会计学 课程名称: 中国税制 学生姓名: 陈泓暐 学 号: 2012050063 指导教师: ...

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  • Income Tax

    WORKING WITH THE FEDERAL TAX LAW Lecture Notes SUMMARY OF CHANGES IN THE CHAPTER The following are notable changes in the chapter from the 2010 Edition. For major changes, see the Preface to the Instructor’s Edition of the text. News Boxes • Replaced Tax in the News titled The Most...

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  • Introduction to Income Tax

    Introduction to Income Taxation The inherent and fundamental powers of the State are: 1. Police power,2. Power of eminent domain and 3, power of taxation. Taxation is an inherent right of the state. A state as a matter of essential necessity , is deemed conferred with the right and power of taxation...

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  • Tax Introduction

    CHAPTER ONE - INTRODUCTION HISTORICAL BACKGROUND: 1917 - Income tax first introduced in Canada as temporary measure to finance Canadian troops in World War I. Jan 1, 1972 - Major revisions to Income Tax Act and introduction of taxation of capital gains. 1988 - Significant changes to personal...

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  • What Is Tax

    What is Tax The tax revenue is the most important source of public revenue. A tax is a compulsory payment levied by the government on individual or companies to meet the expenditure which is required for the public welfare. According to Hugh Dalton, “a tax is a compulsory contribution imposed by...

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  • Classification of Taxes

    taxes 1. As to subject matter or object A. personal, poll or capitation- tax of a fixed amount on individuals residing within a specified territory, without regard to their property, occupation or business. Ex. Community tax (basic) B. property- imposed on property, real or personal, in proportion...

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  • International Taxation

    International taxation is the study or determination of tax on a person or business subject to the tax laws of different countries or the international aspects of an individual country's tax laws. Governments usually limit the scope of their income taxation in some manner territorially or provide for offsets...

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  • Principle of international taxation

    International Tax Lesson 1 – Taxation Principles – Residence and source Corporations Agenda • Residence and Source as principles of taxation • Special case 1: The Hong Kong case • Example of tax planning based on the principle of source • Special case 2: the USA case Agenda • Residence...

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  • taxation

    power of taxation being an inherent power is the lifeblood theory of taxation which posits that the very existence of the state is dependent upon tax revenues collected. Without taxes the states would not be able to perform the functions for which has been organized. b. Manifestation: 1. Imposition...

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  • Practice and Legal Aspects of Corporate Taxation in Bulgaria

    of the Corporate Income Tax. Subject to review focuses on the analysis of these legal aspects. These frames this subject objectively coursework argue that the main aspects of corporate tax in Bulgaria are defined in our Corporate Income Tax (CIT) Law on Value Added Tax (VAT) and Tax-Insurance Procedure...

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  • taxation

    power of taxation being an inherent power is the lifeblood theory of taxation which posits that the very existence of the state is dependent upon tax revenues collected. Without taxes the states would not be able to perform the functions for which has been organized. b. Manifestation: 1. Imposition...

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  • Taxation

    properties or rights, to raise revenues for the use and support of the government and to enable it to discharge its appropriate functions. Legally, a tax is a compulsory contribution from the person to the government to defray the expenses incurred in the common interest of all without reference to special...

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  • Valuation Allowance

    accounting for income taxes, each of which considers uncertainty through the application of recognition and measurement criteria: * a.  To recognize the estimated taxes payable or refundable on tax returns for the current year as a tax liability or asset  * b.  To recognize a deferred tax liability or asset for...

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  • History of Taxation

    completed Income Tax and reconcile their tax bill with the taxing agencies. Income tax has been the main source of funding for several wars and government-funded programs. Taxes affect every person, business, and property. Tax laws are very complex and have been a challenge not only for the tax payers but...

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  • Law Taxation

    classified as Comprehensive and Limited. Comprehensive Double Taxation Agreements provide for taxes on income, capital gains and capital, while Limited Double Taxation Agreements refer only to income from shipping and air transport, or estates, inheritance and gifts. Comprehensive agreements ensure that...

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  • Useless work

    Australia - Section 6-5 of the Australian ITAA (1) a resident is taxable on income from all sources - world-wide (2) a non-resident is taxable on income from Australian sources only Under the world-wide system, all income wherever arising is taxable. The emphasis is on the taxpayer’s residence, domicile...

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  • Gasb and Fasb

    to operate the government during the early days of the United States of America. The first sales tax was imposed to help pay off the expenses incurred as a result of the War of 1812. The first income tax law was enacted by Congress during 1862 to sustain the Civil War. The commissioner of Internal Revenue...

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  • Tax Deducted at Source

    attracts dividend distribution tax @ 12.5% in the hands of the company. (2) The TDS provisions under this section are attracted only in respect of deemed dividend referred to in section 2(22)(e), if such dividend exceeds Rs. 2,500 in a year. (3) The rate of deduction of tax in respect of such dividend...

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