Article 1. Nature of the tax The income tax on individuals is a personal‚ direct tax levied according to the principles of equality‚ universality and progressivity‚ the income of individuals according to their nature and their personal and family circumstances. Article 2. Object of the tax The object of the taxpayer’s income tax‚ understood as the entirety of their income‚ capital investments and losses and income allocations established by law‚ regardless of where they may have occurred and
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Are You proud of your country? I am very proud of my country. I am very lucky to be living in these United States. We have many rights and freedoms. We are all equal here. We are all lucky to have all the privileges and rights that we do have. We have freedom of speech. This means we can say and act however we feel whenever we want. In some countries‚ you are not allowed to. We also have freedom of the press. Our printing press can inform us in all the news that’s going on around the world
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LIKE NURSING‚ TEACHING ETC REMAIN RELATIVELY POORLY PAID. THIS IS AN UNACCEPTABLE DISTRIBUTION OF ECONOMIC REWARDS. Although footballers are criticized for making millions of dollars through prize money and endorsements nevertheless their higher incomes then professionals such as teachers or nurses are justified because of the rare talents they posses‚ principal of demand and supply‚ and the role model image associated with them as a result of willingness of people to pay for them which makes them
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superpower if its internal politics are incorrigibly stupid?” The author is saying are we letting politics‚ irrational ideas on fiscal policy and an antiquated political structure undermine our power. He divides political stupidity into three parts: stupid tax policies‚ irrational ideas on fiscal policy and antiquated political structure. In his essay‚ “Political Stupidity‚ U.S Style‚” Dionne employs ethos‚ connotation and an emotional appeal. In paragraph sixteen‚ Dionne uses ethos. He writes‚ “I’m a chronic
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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
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UNIVERSITY OF DHAKA Department of Accounting & Information Systems BBA Program A term paper on “Income tax calculation procedure of life insurance companies as per Income Tax Ordinance 1984” Submitted To: Dhiman Kumar Chowdhury Professor Dept. of Accounting & Information Systems University of Dhaka Submitted By: Md. Afzal Hossain BBA 12th Batch ID: 12094 Date of Submission: 22 August 2010. Chapter 01 Introduction It is a common knowledge that the true profit of
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MCIT(minimum corporate income tax) Under the CTRP‚ an MCIT equivalent to two percent (2%) of gross income is imposed beginning the fourth (4th) taxable year immediately following the taxable year in which such corporation started its business operations. The MCIT is imposed whenever such corporation has zero or negative taxable income or whenever the amount of the MCIT is greater than the regular corporate income tax due from such corporation. An MCIT equivalent to two (2%) of the gross income derived from
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from an employee’s payroll check‚ any voluntary tax deductions‚ and printed copies of checks that have been delivered‚ and also all records of taxes that have been paid to the government. The formation of these types of systems begins when a company hires its first employee. All employees within the United States must fill out a W4 form so they can be reported to the state they are employed within. This form is what decides how an employee’s federal tax withholdings are calculated‚ it does by determining
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Return Form 1 is required even if the business own no property in the state or has not conducted any business activity during the year. A business that fails to file this return will receive an estimated assessment which will be twice the estimated value of the personal property owned. In addition‚ failure to file will result in forfeiture of the charter of a domestic corporation or forfeiture of the right to do business in the state of a foreign corporation‚ LLC‚ LLP‚ LP‚ business trust or REIT.
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is wrote about the author who married an American girl so he need go to America frequently. There are a lot of troubles when he gets in America. Although coming to the United States he had a lot of troubles‚ he still cannot hate the United States. That is because just like he said in the article‚ he loved one person from the United Stated. This article’s type is personal views. This is a good article for me. As I am a foreign students from China‚ I will also face this situation when I finish my
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