composition * Total Tax Revenue Composition * Revenue Estimates | 10 10 11 | 04 | Government Expenditure * Public Sector * Power and Energy * Education * Health * Interest * Defense Service * Agriculture | 14 15 15 16 17 17 17 | 05 | Budget Deficit | 20 | 06 | Overview of Fiscal Measure * Personal Income Tax * Surcharge * Corporate Tax * Import Duty and Supplementary Duty * Value Added Tax | 23 23 23
Words: 3820 - Pages: 16
imposed upon alcoholic beverages and cigarette sticks in order to minimize its harmful effects to human body. On 02 December 2012, President Benigno S. Aquino III signed into law Republic Act 10351, otherwise known as the “Sin Tax Law” which provides for additional tax on sin products such as alcohols and tobacco products. Prices of liquor and tobacco products increased from 100-200% immediately after the
Words: 6218 - Pages: 25
Root, Root, Pay for the Home Team? Taxpayers Funding Professional Sports Stadiums Kayla Thompson MBA 578 SB FT Managerial Economics April 13, 2013 ABSTRACT The purpose of this paper is to address the issue of the public (taxpayers) funding the construction and/or renovation of privately owned sports stadiums. The use of public funds has skyrocketed since the early 1980s. Why has there been an increase in the trend and what is really going on behind the scenes? Through my research, I
Words: 4334 - Pages: 18
HISTORY OF FISCAL ADMINISTRATION AND THE THEORY AND PURPOSE OF TAXATION Introduction Fiscal Administration is not difficult to define. In simple terms, fiscal administration is the branch of economics that deals with the revenues and expenditures and their impact on the economy. It is the manner of collecting something from the constituents and spending it also for the constituents. And the exact definition according to http://www.wisegeek.com/what-is-fiscal-administration.htm, fiscal
Words: 3017 - Pages: 13
The Eurozone crisis (often referred to as the Euro crisis) is an ongoing crisis that has been affecting the countries of the Eurozone since late 2009. It is a combined sovereign debt crisis, a banking crisis and a growth and competitiveness crisis.[8] The crisis made it difficult or impossible for some countries in the euro area to repay or re-finance their government debt without the assistance of third parties. Moreover, banks in the Eurozone are undercapitalized and have faced liquidity problems
Words: 12881 - Pages: 52
THE IMPACT OF COMPUTER-BASED ACCOUNTING SYSTEMS ON MALAYSIAN PUBLIC SECTOR AGENCIES BY WAN ZURIATI WAN ZAKARIA A thesis submitted to the School of Business and Law, Central Queensland University, Australia, for the fulfilment of the requirement of the degree of Doctor of Philosophy (PhD) MAY 2014 ABSTRACT The positive and negative impacts of information technology (IT) have been continuously discussed and debated by researchers, practitioners and scholars for several years. In
Words: 66979 - Pages: 268
What are the options? pricing and taxation policy reforms to redress excessive alcohol consumption and related harms in australia natacha Carragher & Jenny Chalmers1 nsW Bureau of Crime statistics and research 1 Natacha Carragher, Research Fellow, ATCL, BSc(Hons), PhD. Jenny Chalmers Senior Research Fellow, BEc(Hons), MEc, PhD. Drug Policy Modelling Program, National Drug and Alcohol Research Centre, University of New South Wales. Address for correspondence: Dr Natacha Carragher, National
Words: 5827 - Pages: 24
What are the options? pricing and taxation policy reforms to redress excessive alcohol consumption and related harms in australia natacha Carragher & Jenny Chalmers1 nsW Bureau of Crime statistics and research 1 Natacha Carragher, Research Fellow, ATCL, BSc(Hons), PhD. Jenny Chalmers Senior Research Fellow, BEc(Hons), MEc, PhD. Drug Policy Modelling Program, National Drug and Alcohol Research Centre, University of New South Wales. Address for correspondence: Dr Natacha Carragher, National
Words: 5827 - Pages: 24
INCOME AND RESIDENTIAL STATUS INCOME EXEMPT FROM TAX PART II INCOME FROM SALARIES INCOME FROM HOUSE PROPERTY CAPITAL GAINS PROFITS AND GAINS OF BUSINESS AND PROFESSION INCOME FROM OTHER SOURCES TAX COMPUTATIONS PART III INTRODUCTION TO TAX PLANNING & TAX RELIEF TAX MANAGEMENT TECHNIQUES TAX COMPLIANCE MATTERS PART IV ESTATE PLANNING Detail Contents PART 1 CHAPTER 1 INTRODUCTION 1. Income Tax Mechanism in India 2. Basic concepts 1. Person
Words: 102684 - Pages: 411
and identify the kinds of information they provide to corporate managers and investors. ◆ Estimate a firm’s free cash flow and explain why free cash flow has such an important effect on firm value. ◆ Discuss the major features of the federal income tax system. Lecture Suggestions The goal of financial management is to take actions that will maximize the value of a firm’s stock. These actions will show up, eventually, in the financial statements, so a general understanding of
Words: 5225 - Pages: 21