"Tax Administration In Ghana And Its Problems" Essays and Research Papers

  • Tax Administration In Ghana And Its Problems

    A RESEARCH PROPOSAL ASSESSING THE EFFECTIVENESS AND EFFECIENCY OF TAX ADMINISTRATION IN KUMASI BACKGROUND OF THE STUDY Tax administration attaches great importance to all forms of taxes, in the sense that they aim at reducing tax evasion to its minimum level. Ghana has relatively a long tax history on tax administration. According to the Report of the Tax Review Commission (Parts 1, 2 & 3)," Accra, (1977) the first custom law was first passed under colonial rule in 1855 and later replaced...

    Income tax, Indirect tax, Internal Revenue Service 2381  Words | 7  Pages

  • Tax and Revenue Generation in Ghana

    often been said that taxation is an economic tool, to what extent if any, is this assertion valid in Ghana? 2. Discuss the relative importance of the main sources of revenue to the government of Ghana. Answer to question 1 Definition The system of compulsory contributions levied by a government or other qualified body on people, corporations and property in order to fund public expenditures in Ghana is known as taxation. It is an imposition financial charge or other levy upon a taxpayer by a state...

    Income tax, Indirect tax, Internal Revenue Service 1659  Words | 5  Pages

  • Tax Administration and Tax Planning

    A taxpayer's average tax rate is determined by dividing the total tax paid by the total income of the taxpayer. A) True B) False Beginning in 2011, all paid tax return preparers must sign up with the IRS, pay a fee, and obtain a preparer tax identification number. A) True B) False 22. Taxpayers who are unable to pay their taxes may enter into a payment plan with the IRS if the amount they owe is within certain limits. A) True B) False 23. At which of the following IRS...

    Income tax, Progressive tax, Proportional tax 907  Words | 5  Pages

  • Tax Problem

    222-23-3334 CAUTION ! To take the making work pay credit, you must include your social security number (if filing a joint return, the number of either you or your spouse) on your tax return. A social security number does not include an identification number issued by the IRS. Only the Social Security Administration issues social security numbers. You cannot take the making work pay credit if you can be claimed as someone else's dependent or if you are a nonresident alien. CAUTION ! Important:...

    Beijing Subway, Madrid Metro, Metropolitana di Napoli 587  Words | 4  Pages

  • Tax problem

    Homework 1 – Chapter 1 1. In the following independent situations, is the tax position of the tax payer likely to change? Explain why or why not. a) Yes, this is likely to change John’s tax position because of capital gains and losses on the disposition because of property now convert to ordinary income and losses. b) Yes, this is likely to change Theresa’s tax position because now she is self employed and has to deal with the safe harbor of withholdings is lost and new quarterly payments...

    Corporate tax, Income tax, Income tax in the United States 1034  Words | 4  Pages

  • the source of income tax juridiction in ghana

    TAXATION OF EARNINGS OF GHANAIAN FOOTBALLERS AND OFFICIALS AT FIFA 2010 By Isaac Nyame & Abdallah Ali-Nakyea of WTS Nakyea & Adebiyi (Tax Attorneys & Solicitors) Introduction The FIFA world cup Fiesta in South Africa came to a very successful end on Sunday, 11 July 2010. It has been hailed, and rightly so, by most football pundits as one of the most successful international sporting events organized by an African Country. Once again Ghanaian footballers made us proud...

    Internal Revenue Service, Tax, Tax refund 1983  Words | 3  Pages

  • GHANA INSTITUTE OF MANAGEMENT AND PUBLIC ADMINISTRATION

    GHANA INSTITUTE OF MANAGEMENT AND PUBLIC ADMINISTRATION (GIMPA) SCHOOL OF TECHNOLOGY ONLINE VEHICLE INFORMATION MANAGEMENT SYTSEM By SIGNORENZA KABUTEY ASSEM 213022869 APRIL 2015 Table of Contents 1.1 INTRODUCTION 3 1.2 PROBLEM STATEMENT 3 1.3 PROPOSED SYSTEM 3 1.3.1 Online Number Plate Generator Module 3 1.3.2 Online Vehicle Registration, License and Insurance Module 4 1.3.3 Vehicle Purchase and Maintenance Log 5 1.3.4 Vehicle Number Plate Checker Module 6 1.3.5 User Notification...

    Department for Transport, Driver & Vehicle Agency, Insurance 932  Words | 8  Pages

  • Ghana Institute of Management and Public Administration

    GHANA INSTITUTE OF MANAGEMENT AND PUBLIC ADMINISTRATION (GIMPA) MBA (PROJECT MANAGEMENT OPTION) GMBA 799 STRATEGIC MANAGEMENT STUDENT NAME: EMMANUEL SESSOU STUDENT ID NUMBER: MBAE 10040217 Question: Write a short note on the Balanced Scorecard Balanced Scorecard Basics The balanced scorecard is a strategic planning and management system that is used extensively in business and industry, government, and nonprofit organizations worldwide to align business activities to the vision and...

    Balanced scorecard, Business, Business school 656  Words | 3  Pages

  • Development of Entrepreneurship in Ghana: the Way Forward

    DEVELOPMENT OF ENTREPRENEURSHIP IN GHANA: THE WAY FORWARD Entrepreneurship is the most powerful economic force known to mankind. The Entrepreneurial Revolution that captured our imagination during the 1990s has now permeated every aspect of business thinking and planning. As exemplified by industry players and era definers like Sam Walton of Wal-Mart, Fred Smith of FedEx, Bill Gates of Microsoft, Mark Zuckerberg of Facebook, Alhaji Asuma Banda of Antrak Group of Companies, Mike Adenuga Jnr of Globacom...

    Business and financial operations occupations, Economic growth, Entrepreneur 2123  Words | 6  Pages

  • Impact of the World Economic Recession on Tax Administration in Ghana

    generation. The private sector mobilizes resources through household and business savings, working through financial intermediaries to convert these into productive assets. The global recession will affect the capacity of the public sector to mobilize tax revenues if it affects the incomes of residents or has an impact on trade with outsiders which will affect trade taxes. It is observed that many African countries have pursued a number of reforms While African economies were initially thought to be...

    Business cycle, Economics, Government spending 3427  Words | 9  Pages

  • Ghana

    Ghana: the Gold Coast of Africa; was previously an oppressed colonized country by the British, until March 6, 1957 when they became the first independent African country. The president of Ghana, since 2009, is John Dramani Mahama. The current population is 24.97 million spread over 240,000 square kilometers of land. Ghana is bordered by Ivory Coast to the west, Burkina Faso to the North and Togo to the East. They hold great relationships with all these bordering nations. Ghana is divided into ten...

    Accra, Africa, British Togoland 1771  Words | 5  Pages

  • Ghana

    Jasean Fowlkes Professor Marrow History 101 November 26, 2013 1. Ghana means: "Warrior King". Ghana was the title given to the emperors of Wagadou, which is why it became known in Europe and Arabia as the Ghana Empire. Although present day Ghana took its name from the ancient Ghana Empire, there is no territory common to the two, as Wagadou was located in what is now Southeastern Mauritania, Western Mali, and Eastern Senegal. (The name Wagadou meant 'Land of Herds'). 2. Ghana’s capital...

    Africa, Gao, Ghana Empire 1216  Words | 3  Pages

  • Income Tax

    OKIEMUTE DEPARTMENT: ACCOUNTING COURSE CODE: ACC325 (ASSIGNMENT) MATRIC NO: 09AA08569 TOPIC: ‘Income tax is one of the major sources of revenue for all government in Nigeria and it is a factor to be recon with in both the state and the Federal Government body….It is an enforced contribution of money enacted pursuant to legislative authority….Analyze the importance and the problems of TAXATION and the way forward in Nigeria………….’ INTRODUCTION Income taxes provide the largest single...

    Income, Income tax, Progressive tax 1636  Words | 5  Pages

  • ghana

    How is Ghana different from the UK? UK Ghana Flags Red, white, blue Red, green, yellow with a green star Climate The climate of Ghana is tropical, but temperatures vary with season. We never know what the weather will be like from one day to the other. It can be sunny one day and rainy the next. As we have such a variable climate changing from day to day, it is difficult to predict the weather. In general we have warm summers and cool winters...

    Africa, Continental Europe, Decolonization 389  Words | 3  Pages

  • To Tax or Not to Tax

    To Tax or Not to Tax: The Problem of America Money, like a cookie, is something everybody wants, and when it is gone a person blames everybody else for its absence; realizing later they were the one to consume it in the first place. Taxes, since the beginning of an organized economy, have been argued over for centuries. At the end of 2012 after surviving the “end of the world,” tax payers were faced with another apocalyptic situation, the Fiscal Cliff. It had the potential to raise taxes to outrageous...

    Deficit, Government debt, Money 1189  Words | 4  Pages

  • structure of public administration in ghana

    Available online http://www.academicjournlas.org/jasd ISSN – 2141 -2189 ©2010 Academic Journals Review Public administration: Local government and decentralization in Ghana Kwame Badu Antwi-Boasiako Stephen F. Austin State University, Department of Government, Nacogdoches, Texas 75962, USA. E-mail: antwibokb@sfasu.edu. Tel: 9364686605. Accepted 29 July, 2010 Public administration as an art is defined in the Ghanaian context regarding decentralization and public officials’ accountability...

    Democracy, Ghana, Government 7872  Words | 34  Pages

  • Tax and Agrarian Reform Beneficiaries

    Agrarian Reform By Dia, Mojahed D. ABSTRACT From the administrative and policy perspective, determination of magnitude of tax evasion and an analysis of tax evasion levels are imperative so that authorities may evaluate the success or failure of the enforcement mechanism. This article discusses several approaches to and estimates of tax evasion. Landownership problem and control of resources remains as a political development issue in the Philippines. Agrarian reform is a necessary condition...

    Manila, Mindanao, Philippines 854  Words | 3  Pages

  • Tax Office Operation Transformation

    revenues continue to be the main source of revenue for Government spending. This in turn requires well-designed tax policies (new taxes and tax reform) that are translated into clear legislation and are administratively feasible. Perhaps the greatest challenge facing these countries is to improve the effectiveness of their tax administrations.[1] Common Challenges Tax Administrations in developing country contend with the same range of challenges with developed nations, although the significance...

    Developing country, Government spending, Progressive tax 848  Words | 3  Pages

  • Tax and Reagan

    were looking for and Reagan, along with his running mate George H.W Bush, won the 1980 election. In his 1981 inauguration, Reagans famous words about the economy were, “In this present crisis, government is not the solution to our problems; government is the problem.” After only 71 days in office Reagan survived an assassination attempt and gained even more support from Americans. So he initiated his domestic policies by advancing a set of policies, also known as Reaganomics, his policies were...

    Corporate tax, Income tax, Reaganomics 1587  Words | 5  Pages

  • Tax Is a Compulsory Levy Imposed by Government

    Tax is a compulsory levy imposed by the government; critically appraise the challenges encountered by Nigeria government towards the optimal collection of the different taxes. What is Tax? Tax can be defined as a compulsory levy by government on goods, services, income and wealth. Primarily to obtain r evenue. In other word, it is levy or dues on the income of persons and companies. It provides definite source of revenue of person for government expenditure. It is the way by which government...

    Excise, Income, Income tax 596  Words | 3  Pages

  • Tax Policy in Nigeria

    INTRODUCTION A tax policies represent key resource allocator between the public and private sectors in a country. It is usually imposed on individuals and entity that make up a country. The funds provided by tax are used by the states to support certain state obligations such as education systems, health care systems, pensions for the elderly, unemployment benefits, and public transportation. A nation’s tax system is often a reflection of its communal values or the values of those in power. To...

    Corporate tax, Income tax, PAYE 2265  Words | 7  Pages

  • Home gets a tax cut

    Homer Gets a Tax Cut: Inequality and Public Policy in the American Mind – Larry M. Bartels Overall Summary (1/2 page): For the past thirty years, the economy of the United States has experienced a shifting of the income distribution. Economic inequalities have been growing, and the causes are still uncertain, but the author points out, the United States has done little to readjust the markets. In 2000, during then Texas Governor George Bush’s campaign for Presidency, Bush used tax cutting as a main...

    Democratic Party, Distribution of wealth, Economic inequality 915  Words | 4  Pages

  • Technology in Ghana

    World According to the CIA World Fact Book, in 2007, 28.5% of Ghana’s population lives below the poverty line [1]. It is a developing country that has many financially challenged towns. After my father got back from some of his early trips to Ghana, he told me that most of the local people live in small overpopulated shacks and apartment structures, with very little running water for bathing purposes. A large number of the people have difficulty purchasing food and struggle to earn enough money...

    Accra, Better, Ghana 2587  Words | 7  Pages

  • Ghana and the United States Relationship

    The Republic of Ghana & The Unites States of America: The Analysis of Investment and Trade Relationship [pic] [pic] Outline Introduction Statement of intent and Background information Government support Business impact Government regulation V. Business compact and lobbying organization Capitalism is an economic and political system where a country’s commerce and industry is dictated and controlled by private owners. In many developing countries...

    Africa, African Development Bank, Business 2135  Words | 7  Pages

  • Tax Administration

    some for ms of feed back on the effectiveness/efficien cy of such taxes. This stud y attempts to appr aise the usefulness of the tax system in Nigeria, usin g Value Added Tax system as a r efer en ce point. The significance of this stud y i s that it will enable th e government officials, r esear cher s an d econ omic analysts to appr aise an y type of tax, with th e aid of the par ameters used in this stud y. The stud y used th e ability to gener ate revenue and the ability to in fluence...

    Corporate tax, Income tax, Progressive tax 6291  Words | 22  Pages

  • Administration

    The Art of Good Administration: Signs of a Good Administrator by Gitanjali Hazarika       inShare http://www.admincrossing.com/article/500001/The-Art-of-Good-Administration-Signs-of-a-Good-Administrator/ Throughout their admin careers, administrative personnel are entrusted with a wide variety of administrative responsibilities. A good administrator can transform these responsibilities into major company success through skillful guidance and management of company resources. The capable administrator...

    Administration, Aggression, Goal 1142  Words | 5  Pages

  • Tax Structue

    Assignment 4: Tax Structure Julian Hoggard Strayer University PAD 505 Public Budgeting and Finance Dr. William H. Kraus Dec. 2, 2012 Habitat for Humanity is a non profit organization that uses volunteer labor, donated materials from churches and other organizations to build new housing for low-income families. Habitat for Humanity has built over 45,000 homes throughout the nation and over 150,000 homes worldwide. The goal of the organization is to eliminate poverty and homelessness...

    Non-profit organization, Progressive tax, Property 1717  Words | 5  Pages

  • Education in Ghana

    “Knowledge is power. Information is liberating. Education is the premise of progress, in every society, in every family.”- Kofi Annan. Over the years the education system in Ghana has overcome many obstacles to get where it is today. Since being colonized, its schools have been based on European models. Once Ghana gained its independence in the 1950-60’s it was on its own for developing and maintaining its education programs. Today the issues they face are not having enough financing to pay for...

    College, Education, Ghana 1387  Words | 4  Pages

  • TAXPAYERS’ EDUCATION, TAX COMPLIANCE AND TAX REVENUE COLLECTION: The case of Tanzania

    compliance on tax law and tax revenue collection The taxpayers Service and Education is one of the key functions of Tanzania Revenue Authority (TRA) conducted in order to educate taxpayers on various tax laws issues together with any changes that are made by the government on tax matters and laws. TRA conducts various tax seminars, workshops and competitions periodically to all areas within the country, through different media like radio, Televisions, magazines, mobile vans and conduction of tax clubs...

    Corporate tax, Progressive tax, Tax 1604  Words | 6  Pages

  • Wealth Tax

    FINAL WEALTH TAX Accepting the recommendations of N. Kaldor to introduce “integrated direct tax system” in India, Wealth Tax Act, 1957 was enacted. The Act was amended from time to time. The major objective of wealth tax has been attainment of equity objective of tax policy because wealth is considered as the major source of inequalities. The wealth taxation in India is applicable to all citizens of the country and is also called the wealth tax act, 1957. This is also considered to be direct...

    Income tax, Progressive tax, Property 2040  Words | 6  Pages

  • Income Tax Generation: Prospects and Problems

    PROBLEMS AND PROSPECTS OF PERSONAL INCOME TAX ADMINISTRATION ON ACHABA RIDERS IN KANO METROPOLIS BY: ADAMU GARBA ZANGO DEPARTMENT OF ACCOUNTING FACULTY OF SOCIAL AND MANAGEMENT SCIENCES UMARU MUSA YAR’ADUA UNIVERSITY KATSINA STATE, NIGERIA Email:zangoage@yahoo.com Phone No: 08024043404, 07057541413 Abstract This Paper examines the problems associated with the Assessment and Administration of Personal Income Tax on Motorcycle riders (Achaba) in Kano Metropolis. The study uses Primary data involving...

    Corporate tax, Income tax, Progressive tax 8970  Words | 27  Pages

  • Ukrainian Tax System

    easiness of tax payments our country takes the 152 place from 155. Our government takes away from business about 49% of surplus value. At an average about 62% of individual income of our citizens are assigning to central budget and pension fund. Total tax load on the economy today accounts for 49% of GDP. After all tax system of Ukraine is very difficult in assigning taxes. There are 26 national and 14 types of local taxes. Average company must pay 9-12 types of taxes. In order to discharge tax duty...

    Corporate tax, Income tax, Public finance 1020  Words | 3  Pages

  • Impact of Internal Control System in Banking Sector in Ghana

    CIBT/BAMS/09/ DATE: 2ND NOVEMBER 2012 INTRODUCTION Offshore banks are banks wherein a majority of their depositors are located in a jurisdiction outside their own country. Unlike is the modern perception these banks are not only located in the smaller tax havens, but some of the bigger countries like the United States and Hong Kong also have banks which get a majority of their dealings from depositors in a foreign country. What makes these offshore banks sought after? First and foremost is the fact...

    Bank, Banking in Switzerland, Finance 1072  Words | 4  Pages

  • Ancient Ghana

    Ancient Ghana GEOGRAPHY Despite its name, the old Empire of Ghana is not geographically, ethnically, or in any other way, related to modern Ghana. It lies about four hundred miles north west of modern Ghana. Ancient Ghana encompassed what is now modern Northern Senegal and Southern Mauritania. Ancient Ghana in relation to modern west AfricaORIGINS Nobody is sure when Ghana came into being. But some time at the beginning of the first millennium AD, it is thought that a number of clans of...

    Ghana Empire, History of Mali, Mali 976  Words | 3  Pages

  • homelessness in ghana

    Homelessness in Ghana: Who to Blame? My eye caught sight of something; I peered at it and decided it was a bundle of clothes. However I couldn’t bring to tear my eyes away and upon further investigation I realized the bundle of clothes were human beings, a sea of human beings. My mum said’’ can’t you see their heads, jutting out of the plastic sheath that covers them as the rain pelts them at this ungodly hour of the night in Accra? “Yes I can. But don’t they have homes? Why do they sleep...

    Department for Communities and Local Government, Economics, Economy 1029  Words | 3  Pages

  • Goods and Service Tax

      What is GST?   GST is a tax on goods and services with comprehensive and continuous chain of set-off benefits from the Producer’s point and Service provider’s point up to the retailer level. It is essentially a tax only on value addition at each stage and a supplier at each stage is permitted to set-off through a tax credit mechanism. Under GST structure, all different stages of production and distribution can be interpreted as a mere tax pass through and the tax essentially sticks on final...

    Corporate tax, Public finance, Tax 1696  Words | 6  Pages

  • PERSONNEL ADMINISTRATION

    PERSONNEL ADMINISTRATION Personnel administration, better known as human resources (HR) management, is the coordination and regulation of employees in a company. It involves organizing, recruiting, hiring, training, and assessing workers. Conflict resolution and legal compliance also are important aspects. With a good HR team doing their jobs well, a company will often be ultimately more efficient and competitive, generating additional revenue. Organization In most businesses, a well-organized...

    Employment, Human resource management, Human resources 1508  Words | 4  Pages

  • Bond Markets in Ghana

    WEST AFRICN INSTITUTE FOR FINANCIAL AND ECONOMIC MANAGEMENT REGIONAL WORKSHOP ON MONEY MARKET DEVELOPMENT AND TECHNIQUES OF SECURITIES TRADING-LAGOS, NIGERIA MARCH 4-14 2008 THE BOND MARKET IN GHANA-CHALLENGES FOR ITS DEVELOPMENT A. Introduction A bond has been defined as a debt (loan) instrument which requires the issuer to repay the investor the amount borrowed with interest over a predetermined period of time. Bonds can be callable, redeemable, convertible, extendable or retractable...

    Bond, Bond duration, Bonds 1639  Words | 5  Pages

  • tax avoidance

    The goal of report is going to analysis the facts and use appropriate information to conclude whether there has been a tax avoidance arrangement, and also to outline the effect on a taxpayer if the tax avoidance arrangement exists. In order to meet the goal, this report followed steps from Draft Interpretations Statement to prove my opinions. Law: BG 1, YA 1, GA 1 of Income tax 2007, Penny and Hooper v Commissioner of Inland Revenue (2011) 3 NZTR 21-014. Ben Nevis Forestry Ventures Ltd & Ors...

    Income, Income tax, Progressive tax 2260  Words | 6  Pages

  • Political Ideologies in Ghana

    POLITICAL IDEOLOGIES IN GHANA AND THEIR EFFECTS ON THE PRIVATE SECTOR; 1957 TO 2010 Introduction It is certainly true that no car can move in a specific direction without a steering wheel and no ship can be steadfast without a rudder. Even though a rudder may seem to be a very small and insignificant instrument or device in comparison to the body of a ship, it is the rudder that gives direction to the ship. In the same way, A Political Party cannot move in a certain direction without the existence...

    Communism, Democracy, Economic growth 722  Words | 3  Pages

  • Tax Administration and Revenue in Lagos State

    www.iiste.org Tax Administration and Revenue Generation of Lagos State Government, Nigeria John A. Enahoro1* OLABISI Jayeola1.2 1. Department of Accounting, Babcock University, Ogun State, Nigeria. 2. Department of Financial Studies, Redeemer’s University, Ogun State, Nigeria. * E-mail of the corresponding author: jayeolaolabisi@yahoo.com Abstract The study examines the overall effectiveness of tax administration in relation to assessment, collection and remittance of tax in Lagos State, Nigeria...

    Corporate tax, Progressive tax, Public finance 4734  Words | 15  Pages

  • tax administration in Nigeria in the 21 century

     ONLINE PROJECT RESOURCE ECONOMICS ACCOUNTANCY BUSINESS ADMINISTRATION BANKING & FINANCE POLITICAL SCIENCE MARKETING SOCIOLOGY INSURANCE SECRETARIAL STUDIES INDUSTRIAL RELATIONS & PERSONNEL MANAGEMENT MANAGEMENT SCIENCE EDUCATION     MSc/MBA PROJECTS     USEFUL RESOURCE Nigeria Data Referencing Tips Companies Reports                               ...

    21st century, Corporate tax, Economics 1121  Words | 8  Pages

  • To Tax Or Not To Tax

    William Pittman 10/14/14 Writing COMP – Han To Tax or not To Tax Two authors by the names of Paul Krugman and Fred E. Foldvary have varying opinions on the topic of taxing the rich. The debate they’re writing about is whether or not the US should increase the tax burden on the rich. Foldvary states in his “The Evil of Taxing the Rich” article that there are a lot of negative affects that would come along with taxing the rich. Mainly, he says the rich are paying a much larger percentage of federal...

    Tax, Taxation, Working class 1294  Words | 5  Pages

  • Corporate Governance in Ghana Against the Corporate Governance in the Us

    Regulatory frame work in the Republic of Ghana in compares with the United States Regulations. Corporate Governance in the world has received both increased attention and scrutiny in the 21st century, after a series of financial reporting and corporate governance scandals such as Lehman Brothers, WorldCom and Tyco shook the US securities markets and more recently with the collapse of Bear Stearns that set off a serious global financial crisis. In Ghana, the cases of Pyram, Bank for housing and...

    Capital market, Corporate governance, Ghana 1811  Words | 6  Pages

  • An Assessment of the Contributions and Challenges of Ghana Revenue Authority (Domestic Tax Revenue Division) Toward Revenue Mobilization. (a Case Study of Ghana Revenue Authority Head Office)

    for taxation the world over and particularly, the “Third World”, has become necessary; and will remain so with the increasing dependence of the citizenry on the central government for the provision of infrastructure and other necessaries of life. In Ghana, the central government provided and continues to make available such infrastructure as roads, portable water, rural and urban electrification, hospitals, schools and many others. In addition, the state provides defense for its people against external...

    Income tax, Indirect tax, Internal Revenue Service 12831  Words | 39  Pages

  • introduction to tax

    II. Criteria for Evaluating a Tax Structure Adam Smith -canons of taxation Equality Convenience Certainty Economy III. Tax Structure Tax base: Tax rates: Incidence of tax: Examples: Income $10 $20 $30 $3 (30%) $6 (30%) $9 (30%) $3 (30%) $7 (35%) $12 (40%) IV. Major Types of Taxes Property Taxes Transaction Taxes Death Taxes Gift Taxes Income Taxes Employment Taxes Other U.S. Taxes V. Formula for Federal Income Tax on Individuals Figure...

    Income tax, Income tax in the United States, Internal Revenue Service 323  Words | 5  Pages

  • Post-War Administration, Marcos Administration and Post-Edsa Administration

    CHAPTERS 1-3: Post-war administration, Marcos Administration and post-EDSA administration Manuel Roxas started his term as the first president of the third republic of the Philippines. During his term he fortified Bell trade act and also the Parity Amendment in the constitution and on 1947 he signed the Military Bases Agreement. But during his time he earned a distrust from people because of graft and corruption issues. Manuel Roxas tried to destroyed the rebel group which is known as Hukbalahap...

    Corazon Aquino, Ferdinand Marcos, People Power Revolution 1363  Words | 4  Pages

  • Developing an Effective and Efficient Tax System in a Developing Economy - a Case Study of Ghana

    UNIVERSITY OF CAPE COAST SCHOOL OF BUSINESS DEVELOPING AN EFFECTIVE AND EFFICIENT TAX SYSTEM IN A DEVELOPING ECONOMY - A CASE STUDY OF GHANA A PROJECT WORK PRESENTED TO THE DEPARTMENT OF ACCOUNTING AND FINANCE, SCHOOL OF BUSINESS, UNIVERSITY OF CAPE COAST IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR AWARD OF A BACHELOR OF COMMERCE DEGREE. JUNE 2005 MEMBERS OF THE PROJECT TEAM NAME SIGNATURE NUMBER ...

    Income tax, Indirect tax, Internal Revenue Service 29829  Words | 117  Pages

  • ADVERTISING IN GHANA

    Introduction Advertising has and would always be around us. If one questions what the CAL Bank tent on the University of Ghana Business School compound is doing, then one is sure to have advertising as an answer. The advertising sector in Ghana is becoming more complex, interesting and challenging since its revival in the 1980s after the liberalization of the economy under the Economic Recovery Programme (ERP). Customers have differed in several ways such as taste, preferences, social class among...

    Advertising, Advertising agencies, Advertising agency 2293  Words | 7  Pages

  • Ghana

    culture Introduction to Ghana [pic] Prof Song Xian dao Lawrence Ampem Darko(王芳) B07 Contents • Geographical location and regions • History o Colonization o Post colonization • Politics • Economy • Education and languages Geographical Location and Regions [pic] Ghana is located in the western part of...

    Accra, Ashanti, Ghana 3319  Words | 17  Pages

  • Tax Administration in the Federal Capital Territory

    operating cost (General administration, defence, societal and economic services) and capital expenditure development cost (investment on roads, buildings, airport, petro-chemical projects, liquidified petroleum gas project, and investment in the productive sector such as agriculture and manufacturing). To perform her statutory function, government needs funds. Taxes are one of the most important sources of government revenue. The personal income tax which is a form of direct tax is one sure way of revenue...

    Income tax, Indirect tax, Progressive tax 11138  Words | 37  Pages

  • Tax Evasion

    Tax evasion Definition Tax evasion is an unlawful practice which has the effect of reducing the government revenue needed for the provision of infrastructure, public services and public utilities. (Otosanya , 2009). Spicer (1975) also stated that, tax evasion “ tax evasion result in a loss of tax revenues, impair the chances of realizing the distributional or equity goal of taxation, and if they become widespread, as they have in recent times, then more tax payer, may lose faith in the tax administration...

    Tax, Tax rate, Taxation 1213  Words | 4  Pages

  • Gst: Government Service Tax

    Services Tax (GST) can facilitate a significant improvement in the overall tax administration and enable revenue authorities to introduce modern procedures based on voluntary compliance. GST is a consumption tax charged on a wide range of domestic & international products, goods and services. GST covers all types of goods & services sold to Malaysian & non-Malaysian residents also known as consumers except for common commodities such as rice, flour & sugar. It is a broad-based tax imposed...

    Income tax, Indirect tax, Progressive tax 2080  Words | 6  Pages

  • Mining Problems in Ghana

    Access to prospective land; ? Training and application of technology; ? Dissemination of best practice; ? Business management; ? Availability of micro-credits and other development instruments; and use of revenues.Mining and quarrying companies in Ghana face challenges when it comes to obtaining licenses and permits, land acquisition and community disputes. Infrastructure Exploration takes mining companies to remote areas and setting up mining operations in these areas can be a challenge due to...

    Aluminium, California Gold Rush, Gold 663  Words | 2  Pages

  • nestle in ghana

    GSM5200 MARKETING MANAGEMENT - GROUP STUDY Nestlé (Ghana) Ltd. “An Analysis on Situation and Marketing Strategy Proposal to Maintain Brand Equity and Expand Brand Penetration of Nestle Products in Ghana, West Africa” “How to effectively expand market in least developing countries” is the major issue found in the case. This consists of derived issues faced by the company which can be correlated with marketing studies. By The American Marketing Association, marketing is defined as the activity...

    Business, Management, Marketing 1011  Words | 4  Pages

  • Using Affirmative Action to Promote Women's Empowerment in Ghana

    USING AFFIRMATIVE ACTION TO PROMOTE WOMEN’S EMPOWERMENT IN GHANA INTRODUCTION Social Development, by definition, aims at promoting the welfare or well-being content and outcomes of development policy and practice, in ways that at the same time, advance the instrumentality or empowerment of individuals and groups. Social development does not only advocate for an improvement in well-being, but also that policies and programmes should advance a greater ability to effect change. Social Development...

    Affirmative action, Discrimination, Gender 2055  Words | 7  Pages

  • Is Windfall Tax an Effective Measure to Broaden Tax Base in Hk?

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