Title of the Report : ‘’Good governance of VAT system in industrial undertaking and trading houses’’ Course Name Course Code Submitted To : Taxation : 303 : Hasina Nargis Lecturer‚ Jagannath University Submission Date : 27-03-2010 Dissertation submitted by (Creative Group) 1. Umme Marzan ‚Class Roll: 06671566 2. Md.Imran Hossain ‚Class Roll: 06671530 3. Rabia Khatun ‚Class Roll: 06671532 4. Md.Nahid Mahamud‚Class Roll: 06671704 5. Md.Amirul Islam‚Class Roll: 05122245 6. Khandaker Shabbir
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SARS TO PAYROLL CHAPTER 2 – VAT INTRODUCTION TO VALUE ADDED TAX (VAT) What is VAT? VAT stands for Value Added Tax. Value Added Tax (VAT) is levied on the supply of goods and services by vendors or it is a tax businesses charge when they supply their goods and services. We have to pay VAT on most of the things that we buy. In September 1991‚ South Africa replaced its general sales tax (GST) with a consumption-type value added tax (VAT). The VAT is administered with a rebate for
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Business Research EM-518 Term Paper (A research proposal) On Effectiveness and efficiency of Value Added Tax (VAT) system in Bangladesh Submitted to: Dr. Shaker Ahmed Professor Department of Management Studies Faculty of Business Studies University of Dhaka Submitted by: Ahmed Munirus Saleheen # 3-08-14-031 Debashis Chandra Saha # 3-09-16-015 Marzuq Mohammad Hussain # 3-07-12-019 Md. Helal Uddin Talukder # 3-09-16-027 Md. Abdul Waresh Ansary # 3-09-15-037 [pic] Evening
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Methods of computation of VAT. (a) Addition Method. (b) Subtraction Method. (c) Tax credit or Invoice Method. Methods of calculation of VAT. As mentioned earlier VAT is nothing but a form of sales tax only and is charged at each stage of sale on the value added to the goods. “Value Added” is the difference between sale and purchase of a business. A straight forward way to compute the base of a VAT for a given period‚ say a quarter‚ is‚ in the case of a manufacturer‚ to deduct the total
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Added Tax (VAT)? It is a tax on consumption levied on the sale‚ barter‚ exchange‚ or lease of goods or services in the Philippines and on the importation of goods into the Philippines. It is an indirect tax‚ as provided in Section 105 of the NIRC. It is an indirect tax meaning the amount of tax may be shifted on the buyer‚ transferee or lessee of the goods‚ property‚ or services. The Code provides that the tax may be shifted to the consumer‚ most if not at all‚ taxpayers who are VAT liable shift
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Ethical and Moral Issues in Business Ethics and morals go hand-in-hand in workplaces and organizations should be concerned about ethics and morals. Businesses that operate ethically and morally depend on how the managers‚ and employees behave‚ how they interact with each‚ and with customers. In this paper the difference between ethical issues and moral issues‚ differences between personal ethics and business ethics‚ and examples of common ethical problems in business will be discussed. Differences
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Macroeconomic Effect of VAT on the Bahamas Teresa Taylor Omega College Macroeconomics – ECON233 Mr. C. Lunn November 26th‚ 2014 TABLE OF CONTENTS Introduction………………………………………………………………………………………..3 Value-Added Tax in the Caribbean………………………………………………………………………………………….4 Value Added Tax in the Bahamas: Reasons for Implementation…………………………………4 Debate over the Implementation of Value-Added Tax in the Bahamas…………………………..7 Suggested Alternatives to Value Added Taxation……………………………………………….13 Ensuring Maximum
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DQ1 Wk 1 Define the following environmental schools of ethics — anthropocentric‚ biocentric‚ and deep ecology (also referred to as ecocentric) Anthropocentric - originates from the Greek word "anthropos" which means man in and the latin word "centralis" which means center. So simply Anthropocentric‚ is man center. So in theology the doctrine of anthropocentrism is simply that man is the center of all things and that man is not in need of God or higher power‚ and that man is capable of understanding
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Subject: Action of Ethnic Issue for Mueller Imports Dear Officer‚ My name is Becky Knauer‚ the new controller in Mueller Imports. Being selected as an experienced automotive professional to join such a huge management team‚ I aim at using my objective view and competency in addition to all available sources to best assist the organization. Recently‚ while managing the financial statement‚ I realized there are several transactions that are susceptible for ethical issue. A $5000 monthly invoice
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MY PHILOSOPHICAL UNDERSTANDING The text “brains in a vat” talks about representation as reference with intent. It argues that referring to ‘anything as anything’ is not representation unless it is done with intention. This is explained‚ one may refer to an object through words‚ however‚ it is necessary to have the mental image of that object so that the words become a representation of the object. This characteristic of intentionality is consistent in our thoughts (it allows us to refer one thing
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