OVERVIEW OF TAXATION IN PAKISTAN TAXATION REPORT SECTION: C DATE OF SUBMISSION: NOV 6TH‚ 2012 NAMES OF GROUP MEMBERS: FIZZAH SIDDIQUI (9886) MAIMONA MOBEEN Executive summary INTRODUCTION The constitution empowers the Federal Government to collect taxes on income other than agricultural income‚ taxes on capital value‚ customs‚ excise duties and sales taxes. The Central Board of Revenue (CBR) and its subordinate departments administer the tax system
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Relevance Of Philosophy Introduction Political Philosophy/Ethics/Logic and reasoning play a great deal in decision making‚ espescially in economic ones. Economic policy implemented by certain governments will be dependent on THEIR philosophy. As economics is all subjective. Conservative ideologies tends to keep taxes lower whereas liberal ideologies influence in taxing the rich more. I have found whilst learning about philosophy‚ that it is not a DIRECTLY pertinent subject like say architecture
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Federal Taxation Week 7 homework Property Transactions Question 10-1 Distinguish between realized gains and losses and recognized gains and losses. You will always have a loss or a gain due to an exchange transaction. Once the transaction is completed the corresponding amount will be recorded on your income statement. Recognition exists only in the context of tax laws‚ in some cases the exchange transaction will be excluded under IRC Section 1031. Problem 10-47 On April 18‚ 2010‚ Jane
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Chapter 14 Commodity Taxation Reading • Essential reading – Hindriks‚ J and G.D. Myles Intermediate Public Economics. (Cambridge: MIT Press‚ 2005) Chapter 14. • Further reading – Diamond‚ P.A. and J.A. Mirrlees (1971) ‘Optimal taxation and public production 1: Production efficiency and 2: Tax rules’‚ American Economic Review‚ 61‚ 8—27 and 261—278. – Madden‚ D.‚ (1995) ‘An analysis of indirect tax reform in Ireland in the 1980s’‚ Fiscal Studies‚ 16‚ 18—37. – Murty‚ M.N. and R. Ray (1987)
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NOTES IN TAXATION Taxation- process or means by which the sovereign‚ through its lawmaking body‚ raises income to defray necessary expenses of the government; power of the State‚ inherent in sovereignty -indispensable and inevitable price for civilized society‚ without taxes‚ government would be paralyzed. Taxes- lifeblood of the government and their prompt and certain availability are an imperious need. Objectives of Taxation: Shifting wealth from the rich to the poor Maintaining
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The English Language‚ a Sine Qua Non for Nation Building By Nneka Umera-Okeke (Mrs) Department of English Language and Literature Nwafor Orizu College of Education‚ Nsugbe P.M. B. 1734‚ Onitsha Anambra State‚ Nigeria E-mail: nne.supreme@yahoo.com A Paper Presented to the Students of the English Language and Literary Studies Department ‚ Nwafor Orizu College of Education‚ Nsugbe during their 2010 NASELS Annual Festival held in Hall A this 28 Day of July‚ 2010 Abstract Studying
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Canons/Principles of Taxation By Adam Smith: Adam smith‚ the father of modem political economy‚ has laid down four principles or cannons of taxation in his famous book "Wealth of Nations". These principles are still considered to be the starting point of sound public finance. Adam Smith’s celebrated cannons of taxation are: (1) Cannon of equality or ability‚ (2) Cannon of certainty‚ (3) Cannon of convenience‚ and (4) Cannon of economy. (1) Canon of equality or ability: Canon of equality
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Taxation in the Philippines From Wikipedia‚ the free encyclopedia Jump to: navigation‚ search This article needs more links to other articles to help integrate it into the encyclopedia. Please help improve this article by adding links that are relevant to the context within the existing text. (May 2013) Taxation An aspect of fiscal policy Policies[show] Government revenue Tax revenue Non-tax revenue Tax law Tax bracket Tax threshold Exemption Credit Deduction Tax shift Tax cut Tax holiday Tax
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Table of Contents Chapter 1 1 Theoretical considerations about 1 taxes and fees 1 1.1. General Considerations about Taxes and Fees 1 1.2. Direct taxes 3 1.2.1. Profit Taxes 4 1.2.2. Salary (payroll) taxes 6 1.2.3. Dividend taxes 7 1.2.4. Local taxes 8 1.3. Indirect taxes 9 1.3.1. Value Added Tax 11 1.3.2. Duty 13 1.3.3. Excise 14 Chapter 2 – S.C. Sarten S.R.L. 16 Company presentation 16 2.1. Short history 16 2.2. Organizational
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Taxation and the Internet With the rising popularity of online shopping‚ many state governments are growing more and more concerned with the lack of proper law governing taxation. A typical‚ traditional purchase requires payment of state sales tax at the point of sale but with online purchasing this location is nonexistent. Since buyers and sellers are located anywhere in the world is becoming increasingly harder to establish law requiring the payment of sales tax. Regardless‚ many states are
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