"The Causes And Effect Of Tax Evasion On The Economic Development Of Ghana" Essays and Research Papers

  • The Causes And Effect Of Tax Evasion On The Economic Development Of Ghana

    To what extent does tax evasion affect the society? Word counts: 1510 words Introduction: The importance of the revenue to a country is well known in the world. The global financial system has more interconnections now than at any other time in history. (Simser.J, 2008, p.131). Tax evasion is one of most common crimes that damage the order of revenue. This is closely affecting the market economy and daily lives. Normally, most commentators consider tax evasion profoundly unethical...

    Capitalism, Economic system, Economics 1596  Words | 5  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 evasiontax 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

  • Tax Administration

    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

  • The Economic Development of Ghana

    The Economic Development of Ghana Ghana is an African country located on the western side of Africa. Its neighbors are Burkina Faso to the north, Togo to the east, the Atlantic Ocean to the south, and Cote D'Ivoire to the west. It has a population of 18,100, 703 and a population density of 197 people per square mile. Ghana is 92,098 square miles and English is its official language. The capital city of Accra has around 1, 673,000 people residing in it. There are the physical statistics, now onto...

    Africa, Burkina Faso, Economics 1028  Words | 3  Pages

  • Barriers to Economic Development in Ghana

    Economic development has to occur after a period of sustained economic growth. It is therefore the growth in total economic output accompanied by changes in the structure of the economy. There are many barriers to economic development in Ghana. Eight of them are discussed below: First and foremost, Ghana like most developing countries is enriched with natural resources or deposits but the human capital is not able to transform them to achieve rapid economic growth and development. For economic...

    Capital accumulation, Economic development, Economic growth 1443  Words | 4  Pages

  • Tax and Revenue Generation in Ghana

    1. It has 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...

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

  • Causes and Effects of Economic Growth

    Discuss the causes and effects of Economic Growth Economic Growth Before discussing the causes and effects of economic growth, I will define what economic growth actually is and distinguish between the two types of growth in the economy; actual and potential. On the whole, economic growth may be defined as ‘a long-run increase in an economy’s productive capacity and trend output’. The long-run output growth trend an economy achieves is indicated by the path of trend Gross Domestic Profit...

    Capital accumulation, Economic development, Economic growth 1736  Words | 6  Pages

  • Tax Evasion

    2. Why is there little tax evasion in Singapore or any other country of your choice? Is it because Singaporeans fear state punishment or because they are satisfied with the performance of the state? Or is there any other explanation? Which explanation(s) do you find most persuasive? Why? Tax evasion, the illegal negligence in taxpaying and misrepresentation of tax returns to reduce one’s tax liabilities, is at a low level in Singapore. With Singapore’s strong tax enforcement, Singaporeans fear...

    Corporate tax, Government, Singapore 2142  Words | 7  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

  • 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

  • Causes and Effects of Economic Growth

    “Discuss the Causes and Effects of Economic Growth” Economic Growth is where goods and services maximise in value over a period of time. This is measured by Real Gross Domestic Product (GDP) which is defined as “The total market value of all final goods and services produced in a country….equal to the total consumer, investment, and government spending, plus the value of exports minus the value of imports.”(www.Investorwords.com) In turn this is measured by the level of aggregate demand in the...

    Economics, Economy, Gross domestic product 1084  Words | 3  Pages

  • Tax Avoidance and Tax Evasion

    Tax Avoidance Analysis Tax Avoidance is a legally manipulation for the corporations to lower their tax bill by structuring transactions, is also called tax planning. Different with Tax Evasion, the Tax Evasion is Criminal and completely illegal. And in generally, company which have more profit should have higher tax rate, but with the growth of the company, many tax avoidance strategy were used by management as result of minimize the tax bills and also without obey the law, There are 3 strategies...

    International taxation, Tax, Tax avoidance and tax evasion 1216  Words | 4  Pages

  • The Effect of Corruption on Economic Growth

    Economic growth The effect of corruption on economic growth has been extensively researched in the last two decades. While not denying that corruption may have played a positive role at particular times in specific countries, it leads to lower growth, hampering both private and productive government spending in investments and inhibiting the efficiency of public services. Corruption can also affect the growth rate through distortions in tax collection, the level of public expenditure and the composition...

    Bribery, Economic growth, Economics 687  Words | 3  Pages

  • Cause and Effect in Economics

    this task. Explaining Cause and Effect Often writers are asked to explain how certain conditions or events are related to the occurrence of other conditions or events. When a writer argues that "one thing leads to another," he or she is making a cause-and-effect argument. For example, in an Economics class, students might be asked to explain the impact of increasing oil prices on the nation’s economy. Inherent in the question is the assumption that increasing oil prices is a cause, which produces specific...

    Affect, Causality, Correlation does not imply causation 1019  Words | 3  Pages

  • Cause And Effect

    Cause and Effect Of Deforestation People have been deforesting the Earth for thousands of years, primarily to clear land for crops or livestock. Direct causes of deforestation are agricultural expansion, wood extraction; logging or wood harvest for domestic fuel or charcoal, and infrastructure expansion such as road building and urbanization. Rarely is there a single direct cause for deforestation. Usually there are multiple causes working together simultaneously to cause deforestation. The single...

    Agriculture, Amazon Rainforest, Deforestation 806  Words | 3  Pages

  • Economic Development

    Introduction Governments the world over have long been investing in infrastructure in the hope of boosting economic development of their country. To study the relationship between infrastructure and economic development, we compared two journals; Infrastructure and Local Economic Development by Rives, J & Heaney, M. (1995) and Infrastructure and Economic Growth: The Nigeria Experience 1980-2006 by Enimola, S (2010). We chose these journals as the journal by Rives, J looked at the approach...

    Capital, Capital accumulation, Economic development 1884  Words | 7  Pages

  • Effects of Tax Evasion

    International Tax and Public Finance, 7, 177–194, 2000. c 2000 Kluwer Academic Publishers. Printed in The Netherlands. Decomposing Revenue Effects of Tax Evasion and Tax Structure Changes ARINDAM DAS-GUPTA* oldmonk87@yahoo.com Gokhale Institute of Politics and Economics, B MCC Road, Pune 411004, Maharashtra, India IRA N. GANG gang@economics.rutgers.edu Department of Economics, Rutgers University, New Brunswick, NJ 08901-1248 USA Abstract This paper proposes a method for evaluating the impact...

    Income, Income tax, Progressive tax 9101  Words | 26  Pages

  • Effects of Globalization on Ghana

    Effects of Globalization on Ghana Globalization is a phenomenon that has conquered much of the world we live in today. From the depths of the most rural village to the world’s biggest cities, the effects of globalization are quite apparent. However, this paper aims to address the issues that globalization presents for countries in West Africa; more specifically, Ghana. To fully understand the situation of Ghana, we must look at the meaning of globalization and what it represents to Ghana and...

    Africa, Capital accumulation, Development 766  Words | 3  Pages

  • Discuss the Causes and Effects of Economic Growth

    Economic growth is the overall growth in an economy. Gross National Product and Gross Domestic Product are the normal measures of economic growth. Because growth can come in many ways, GNP and GDP are not particularly good measures. More so, economic growth can occur from having more people in an economy. If economic growth occurs more slowly than the population growth, then there can be economic growth, but the average person is less well-off. As economic growth is measured as the annual percent...

    Economic growth, Economics, Gross domestic product 1365  Words | 5  Pages

  • Tax Evasion and Ethics

     Who did it?  eBay avoided £ 50m in tax  Starbucks paid less than 1% tax on its profit  IKEA halved its tax bill  Former Italian Prime Minister Bersculoni  List goes on….  How do they do it?  Special Purpose Entities (SPEs)  Sister Company  Round Tripping  Tax havens  Influencing audit committees Who is affected?  Government  Less of taxes  Profits siphoned off to other countries  Fiscal deficit  General public  Less spending from govt., less...

    Business ethics, Deficit, Government 291  Words | 3  Pages

  • corruption affect on the economic

    DOES CORRUPTION HAS NEGATIVE EFFECT ECONOMIC GROWTH? HOW GOVERNMENT CAN CONTROL CORRUPT BEHAVIOR? Most developing as well as developed countries are facing the problem of corruption, which is becoming one of the biggest concerns of all countries because it is an impediment to economical sustainable development. Corruption may be defined as the misuse of public resources by public officials for private benefit by different forms such as favors, tax evasion, bribes and payment in kind (Bai, Jayachandran...

    Corruption, Development, Economic growth 1088  Words | 4  Pages

  • Tax Evasion

    SOCIO-ECONOMIC PROBLEM OF TAX AVOIDANCE AND EVASION IN NIGERIA: AN OVERVIEW Dominic Asada LL.B. (Hons.) B.L, LL.M. Tax Avoidance and Evasion are some of the most perplexing problems facing the nation today. It is widely believed that there is a considerable difference between estimated revenue from taxation every year and what is actually collected. This disturbing aversion to taxation has some historical antecedents. Traditionally, there has always been a hostile response to the payment of tax by the...

    Income tax, Progressive tax, Tax 6415  Words | 18  Pages

  • Economic Development

    Economic development Economic development is the development of standard of living of humans. Development in infrastructure, health, industry, education, and financial institutions are parts of economic development. Average income of a person, life expectancy at birth, literacy rate, etc. are measurements of economic development. In order to increase the standard of living infrastructure facilities should be developed. Developments in roads, irrigation systems are a part of economic development...

    Developed country, Ecological economics, Economic development 1984  Words | 7  Pages

  • Economics Tax Incidence

    Economics 1005: Economics 1 Midterm assignment 2009-2010 Assignment: Does it matter for tax incidence if the same amount of tax is imposed on buyers or sellers? If not, then what does matter? Introduction: Throughout my essay I intend to discuss how a tax on sellers or buyers affects the proportion of the tax each one will pay, this overall issue known as tax incidence will be discussed. The effects of elasticity (both perfect inelastic and perfect elastic) of demand and supply will be discussed...

    Effect of taxes and subsidies on price, Elasticity, Microeconomics 1628  Words | 4  Pages

  • Economic Development and Demography

    Economic development’s effect on demography Demographic behaviour is a measure of a combination of figures in which indicates how a country’s or region’s population is distributed. The effect of demographic behaviour is that it reflects a country’s stage of economic development to a great extent, allowing indication of how far along the Demographic Transition Model (and hence how developed) they are. One measurement of a country’s demographics are by measuring the birth rate (how many live...

    Birth rate, Demographic economics, Demography 969  Words | 2  Pages

  • Tax Evasion

    Introduction Just as death and taxes are certainties in this world, so are ways and means to minimize if not eliminate altogether one's tax liabilities.Attempts to escape the tax net may take any one of two forms: tax evasion and tax avoidance. Tax evasion may be defined as the act of reducing taxes by illegal or fraudulent means.1Common practices of tax evasion include: under-reporting of income, over-statement of expenses, use of fictitious receipts, the keeping of double sets of books, false...

    Income tax, Progressive tax, Regressive tax 361  Words | 2  Pages

  • Why Is There Little Tax Evasion in Singapore? Why Do Most People Pay Taxes to the State?

    Singapore, tax evasion is extremely low and it is almost impossible to escape from tax. Tax is a measure primarily imposed to raise revenue so that the government can meet its responsibility to provide for the general welfare and defense of its citizen as well as pay its debt(A.Segal). There are many types of taxes that are imposed on Singaporeans and foreigners who are staying in Singapore. Some examples are like income tax, consumer tax (GST ), property tax and road tax that apply...

    Corporate tax, Income tax, Progressive tax 1904  Words | 6  Pages

  • Tax Evasion in Pakistan (Small Business Sector)

    Tax Evasion in Pakistan (Small Business Sector) INTRODUCTION The development of any nation depends on the amount of revenue generated by the government for the provision of basic services to the nation. One major source of generating this revenue is taxation. According to Azubike (2009) tax is a major source of government revenue all over the world, including Nigeria. Income Tax Act of 1922: prevalent in undivided India was adopted by the Government of Pakistan as its Income Tax Law. Income...

    Corporate tax, Income tax, Internal Revenue Service 2297  Words | 7  Pages

  • Effects on Nuclear Energy on Economic Development

    N Nuclear Energy Effects On Economic Development Abstract This paper seeks to understand the various effects that the nuclear energy program has on the economic development of any country, particularly the United Arab Emirates (UAE). Global energy requirements are only increasing with each passing day and the contribution of nuclear power to the overall energy consumption is bound to increase significantly in the coming days. Energy security and climate change are important reasons to...

    Energy development, Energy security, Natural gas 1931  Words | 7  Pages

  • Economic Growth and Nestle Ghana Limited

    A REVIEW ON NESTLE GHANA LIMITED AND HOW IT IS AFFECTED BY ENVIRONMANTAL FACTORS. 1.0 INTRODUCTION Nestlé Global is a Swiss company, founded in 1866 by Henri Nestlé. Nestle is undoubtedly one of the most proficient food companies not only in Ghana but all over the world. Nestlé is the largest food and beverage company in the world. It is also well on its way to becoming world leader in nutrition, health and wellness. Nestlé markets its products in 130 countries across the world. Nestlé manufactures...

    Catering, Economic growth, Economics 1249  Words | 4  Pages

  • Tax Avoidance vs. Tax Evasion

    TAX AVOIDANCE vs. TAX EVASION From the time taxes were first imposed on American citizens, people have been trying to find ways to escape paying them. While some taxpayers continue to find legal ways to avoid paying a portion of their taxes, others simply choose to evade taxes or not pay them at all. Avoiding taxes and evading taxes may sound like similar actions, but the two terms have very different meanings. Avoiding taxes can be accomplished though various legal means, whereas evading...

    Income tax, Income tax in the United States, Internal Revenue Service 1872  Words | 6  Pages

  • The Cause and Effects of the Great Depression

    crash of 1929 was the main cause of The Great Depression. In fact, The Great Depression was caused by a series of factors, and the effects of the depression were felt for many years after the stock market crash of 1929. By looking at the stock market crash of 1929, bank failures, reduction of purchasing, American economic policy with Europe, and drought conditions, it becomes apparent that The Great Depression was caused by more than just the stock market crash. The effects were detrimental beyond the...

    1930s, Business cycle, Dust Bowl 1441  Words | 4  Pages

  • Causes and Effects

    New Zealand. What are the effects of migration on the countries of origin? Funds sent by migrant to families back home often play a considerable part in the development of the local economy. However, when highly qualified people leave their home country, the investment made by the developing countries in their higher education is lost. To remedy this, programmes have to be set up to encourage immigrants to return, so that they can contribute to the economic development of their home country. The ...

    Africa, Developed country, Human Development Index 2282  Words | 7  Pages

  • The main differences between Tax Audit and Tax Investigation in Malaysia.

    Tax Investigation must be clearly separate from Tax Audit. Tax Investigation is an inspection of the tax payers business or individual books, records or document in order to ensure the tax payer had reported the correct amount of income and tax that need to pay in accordance with tax laws and provisions. Tax investigation will be carried on by surprise which also known as back duty case. It was conducted on behalf of owner and outsiders like investors. When there is suspected based on detailed and...

    Corporate tax, Income tax, Tax 1171  Words | 3  Pages

  • tax evasion

    A LONE FIGHT: BIR VERSUS TAX EVASION “Taxation is a game and tax evasion is a genuine sport in making profit” I. INTRODUCTION The distinction between tax avoidance and tax evasion is very clear in the academe. Tax books have often defined tax avoidance as an attempt to minimize the payment or altogether eliminate tax liability by lawful means, while tax evasion refers to the elimination or reductions of one's correct and proper tax by fraudulent means. The consequence of each case is also clear...

    Corporate tax, Income tax, Internal Revenue Service 4616  Words | 14  Pages

  • Tax Evasion and Tax Compliance

    research on tax evasion, delineating the variety of factors affecting noncompliance and examining possible remedies. Particular emphasis is placed on the institutional and procedural rules governing the tax enforcement policy. JEL classification: K34 Keywords: Tax Enforcement, Compliance, Taxpayer’s Behavior, Tax Gap 1. Introduction Tax evasion is said to occur when individuals deliberately fail to comply with their tax obligations. The resulting tax revenue loss may cause serious damage ...

    Income tax, Progressive tax, Risk aversion 3277  Words | 16  Pages

  • Cause and Effect

    Cause and Effect To write a cause and effect essay, you’ll need to determine a scenario in which one action or event caused certain effects to occur. Then, explain what took place and why. This essay allows us to identify patterns and explain why things turned out the way that they did. How do I choose a topic and get started? Try choosing a major event, either in your own life or an event of historical significance. For example, The Great Depression. Cause of The Great Depression: stock...

    Causality, Cosmological argument, Determinism 1425  Words | 3  Pages

  • Economic development

    Economic development is the sustained, concerted actions of policy makers and communities that promote the standard of living and economic health of a specific area. Economic development can also be referred to as the quantitative and qualitative changes in the economy. Such actions can involve multiple areas including development of human capital, critical infrastructure, regional competitiveness, environmental sustainability, social inclusion, health, safety, literacy, and other initiatives. Economic...

    Development economics, Economic development, Economic growth 818  Words | 3  Pages

  • economic development

    ECONOMIC DEVELOPMENT, 1st definition - it is the sum of growth and change Growth vs. change: Growth  - the increase in the kinds and quantities of the available resources Change - the rising standard of living Questions to ponder What is the difference between economic development and development? Which comes first, growth or change? Can an economy experience growth without change? TWO CONTEXT OF DEVELOPMENT  National - development is a combined  effort of both the national and...

    Bretton Woods system, Currency, Economic development 567  Words | 1  Pages

  • Effects of an Increase in the Cigarette Tax

    influenced to the same extent as the general population? Do they need additional measures to influence smoking behavior? The objectives of this study were to synthesize the evidence regarding differential effects of taxation and price on smoking in: youth, young adults, persons of low socio-economic status, with dual diagnoses, heavy/long-term smokers, and Aboriginal people. Using a better practices approach, a knowledge synthesis was conducted using a systematic review of the literature and an expert...

    Cigarette, Indirect tax, Nicotine 956  Words | 3  Pages

  • Large Development Projects in Ghana

    is a large development project and why would a country wan to have one? A large development project is a project like Akosombo Dam in Ghana, a big investment in which the country hopes it will pay for itself, as in it will produce more tourist or goods to sell. Countries want this because they believe it is a quick way to make a lot of money and to improve the infrastructure of the countries, so the country will be generally improved. Therefore I will investigate the Akosombo Dam in Ghana; first I...

    Akosombo Dam, Burkina Faso, Ghana 856  Words | 3  Pages

  • Tax and Agrarian Reform Beneficiaries

    Of Social Science 4 Economics with Taxation and 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...

    Manila, Mindanao, Philippines 854  Words | 3  Pages

  • Tax Structure in India

    promoting growth and development in such economies. Taxation is an important part of fiscal policy which can be used effectively by governments of developing economies. Role of Direct and Indirect Taxes ↓ The role of taxation in developing economies is stated as follows: 1. Resource Mobilisation Taxation enables the government to mobilise a substantial amount of revenue. The tax revenue is generated by imposing: Direct Taxes such as personal income tax, corporate tax, etc., Indirect Taxes...

    Excise, Income, Income tax 832  Words | 3  Pages

  • Factors Affecting Tax Compliance of Small and Medium Scale Enterprises in the Advent of the Eac Common Market.

    Background of the Study Tax compliance has been a topic of great interest to Revenue authorities especially in the developed countries. Hostility towards tax compliance is an age old problem. “Taxes are considered a problem by everyone. Not surprising, taxation problems date back to the earliest recorded history” (Taxworld Organization, 1999). Developing countries, perhaps due to their frequent budget deficits have not been able to conduct comprehensive research on the behavior of taxpayer in relation...

    Income tax, Progressive tax, Public finance 1762  Words | 5  Pages

  • Role of Entrepreneurship in Economic Development

    Role of entrepreneurship in economic development Entrepreneur An entrepreneur can be regarded as a person who has the initiative skill and motivation to set up a business or enterprise of his own and who always looks for high achievements. He is the catalyst for social change and works for the common good. They looks for opportunities, identifies them and seizes them mainly for economic gains. An action oriented entrepreneur is a highly calculative individual who is always willing to undertake...

    Economic development, Economic growth, Economics 787  Words | 3  Pages

  • Economic Growth and Economic Development Original

    ECONOMIC GROWTH AND ECONOMIC DEVELOPMENT In contemporary times, certain economic registers are used frequently. Arguably two of these most used terms in economics, ‘economic growth’ and ‘economic development’ are terms that just about everyone is at least remotely familiar with, even if they have not studied economics at all. Sometimes it seems everyone knows what economic growth and economic development is. Politicians use these terms all the time, and so do teachers, managers and even preachers...

    Development, Economic development, Economic growth 2339  Words | 7  Pages

  • Effects of Economic acivity

    Economy Linkages 3. All economic activities either affect or are affected by natural and environmental resources. Activities such as extraction, processing, manufacture, transpor t, consumption and disposal change the stock of natural resources, add stress to the environmental systems and introduce wastes to environmental media. Moreover, economic activities today affect the stock of natural resources available for the future and have inter-temporal welfare effects. From this perspective...

    Biodiversity, Ecology, Economics 556  Words | 3  Pages

  • Role of Entrepreneurship in Economic Development

    individual, undertaken to initiate, maintain or aggrandize profit by production or distribution of economic goods and services." According to Schumpeter, "Entrepreneurship is based on purposeful and systemic innovation. It included not only the independent businessman but also company directors and managers who actually carry out innovative functions". Need For Entrepreneurship Development: Economic development essentially means a process of upward change whereby the real per capita income of a country...

    Economic development, Economics, Economy 1035  Words | 4  Pages

  • Offshore Tax Havens

    Josh Keeder Tax Accounting 2 Professor Jackson Offshore Tax Havens Introduction: Offshore tax havens are a tax-avoiding loophole that sends money over seas where there is no or little tax. This has become the go to move of some of the top corporations of the United States as these companies are costing the U.S over one hundred fifty billion dollars of revenue each year. (1) Last year alone it was concluded that the top fifteen multinational companies held $776 billion dollars offshore in various...

    Internal Revenue Service, Offshore company, Progressive tax 1699  Words | 5  Pages

  • Cause and Effect

    The Effects from Drug Use, Drinking, and Smoking While Pregnant Women who are pregnant or wanting to become pregnant should not drink, smoke, or abuse drugs. Abusing these substances could cause substantial harm and have serious side effects on the child from the time it is in the womb to post birth. Each of these harmful substances could entail damaging consequences if a child has exposure to them in utero. This can lead to physical, emotional, learning, and social impairments for a child. ...

    Childbirth, Fertility, Fetal alcohol syndrome 1190  Words | 4  Pages

  • Cause And Effect

    organization. In some cases, the same group may be described as "freedom fighters" by its supporters and considered to be terrorists by its opponents. Terrorism can actually be seen as a cry for attention, and our media give them just that. The causes and effects of terrorist attacks depend on the motivation of an individual or an entire group. Nobody in their right senses would resort to terrorism. One of the main reasons for terrorism is social and political injustice. People choose terrorism when...

    Aircraft hijacking, Domestic terrorism in the United States, Federal Bureau of Investigation 971  Words | 4  Pages

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

    2.0 LITERATURE REVIEW 2.1 Theoretical Review The use of domestic resources for development purposes is becoming more and more important as access to foreign resources becomes increasingly difficult. It is the current global financial crisis and the subsequent recession that are generally expected to make access to foreign resources more difficult. Ironically, however, these are possibilities of the global recession affecting the mobilization of domestic resources. “Domestic resource mobilization...

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

  • economic

     Mehdi TasalotiProgram:BBUS Bachelor Of Bussiness (HONS) Title: Economics Growth CONTENTS PAGE 1.0 DEFINITION OF ECONOMIC GROWTH 3 2.0 BENEFITS OF ECONOMIC GROWTH 4,5 3.0 COSTS OF ECONOMIC GROWTH 6,7 4.0 CAUSES OF ECONOMIC GROWTH 8 4.1 DEMAND SIDE CAUSES 8,9 5.0 Why Economic Growth may not bring increased Happiness 9,10, 11,12 6.0 Poverty, Income Inequality and Economic Growth   13 6.1Does Economic Growth Reduce Relative Poverty and Income 14 6.2Why Economic Growth May not Reduce Income Inequality and Poverty...

    Economic growth, Economics, Economy 2001  Words | 4  Pages

  • Causes Effects of Human Trafficking

    TSL1054 – LANGUAGE DEVELOPMENT II Causes & Effects of Human Trafficking By, Mohd Nur Hifzhan Bin Noordan Lecturer’s name: Madam Anna Mary Perumal SIGNAL WORDS ♥Impact ♥Due to ♥Reported push factors were ♥Caused ♥Channels ♥Root causesEffects ♥Factors A lady being hit for not doing her job Causes of Human Trafficking Poverty Political Instability & Natural Disasters Debt Addiction Demand POVERTY • In poorer regions of the world where education and employment opportunities are limited...

    Commercial sexual exploitation of children, Debt bondage, Drug addiction 611  Words | 19  Pages

  • Economic Ia

    Economic IA name: Jammy Ghana has experienced shortage in the sustainability of the Fertilizer Subsidy Programme (FSP) being implemented by Peasant Farmers Association of Ghana (PFAG). In the recent occurrences in the Fertilizer Subsidy Programme (FSP) could negatively affect output in the agriculture sector. A subsidy is a grant or other financial assistance given to another party for support or development from one party, in this case the third party is government. The purpose of subsidizing...

    Economic equilibrium, Economics, Free market 751  Words | 4  Pages

  • Economics: Fat Tax

    .. many firm favourites of Australian eating would be hit by a tax on fatty foods. Photo: Tamara Voninski Couch (fried) potatoes ... obesity is on the rise in Australia. Photo: Karen Neumann The Western world is beginning to embrace measures to fight obesity but Australia is a conspicuous absentee, writes Cosima Marriner. HUNGARY has a hamburger tax, Denmark has just imposed the world's first fat tax, the US is debating a "soda tax" and now Britain is contemplating its own junk food levy. Around...

    Food, Food industry, Junk food 1130  Words | 3  Pages

  • Cause and Effect of Divorce

    �PAGE � �PAGE �1� Divorce RUNNING HEAD: CAUSE AND EFFECT OF DIVORCE KEVIN KINKADE UNIVERSITY OF PHOENIX COMM/105 LAUREL TARON MARCH 2010 � CAUSE AND EFFECT OF DIVORCE Cases of divorce are increasingly becoming common in the American society. The legal acceptance of divorce has been dictated by the evident rise in infidelity, substance abuse, and family violence in the community (Clarke-Stewart, 2006). For opponents of divorce, there is neither a moral nor ethical reason for couples to be...

    Abuse, Causality, Child abuse 952  Words | 4  Pages

  • The Influence of Inflation on Economic Development

    which is usually measured by the Consumer Price Index (CPI)”. In the context of market economy, prices are showing the application so it can be said that inflation is caused by a “mismatch” between aggregate demand and aggregate supply, signaling economic imbalance. However, in its complexity, inflation is a monetary imbalance caused by increasing the amount of money in the economy and hence the declining purchasing power of the currency. Ludwig von Mises explained the phenomenon using the example...

    Aggregate demand, Economic growth, Economics 1960  Words | 6  Pages

  • The Relationship Between Entrepreneurship, Innovation, Economic Development and Sustainability

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