Seminar 3 policy briefconsumption taxes: the way of the future 1. Introduction: * Government more and more interested in taxes on consumption to finance a large share of public spending * Reasons: (1). Increased international tax competition>>联想：可能是公司都找到税收最低的国家创立空壳公司来合理避税>>different to collect income taxes>choose consumption to be the main source of revenue. (2). Move from tax on income to tax on consumption >>improve economic efficiency >>increase the
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CAPITAL GAINS TAX (CGT) PFP 14/15 Introduced in 1965 to tax assets which were not bought and sold as part of a trade. A CGT liability may arise when a chargeable person makes a chargeable disposal of a chargeable asset. CHARGEABLE PERSON • individuals resident in UK • partnerships - assessed on individual partners • companies - pay corporation tax on chargeable gains CHARGEABLE DISPOSAL • sale or gift of part or all of an asset • receipt
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AN EXPLORATORY STUDY OF MALAYSIAN TAX PRACTITIONERS’ PERCEPTION ON THE PRACTICE OF AGGRESSIVE TAX AVOIDANCE Nur Fikhriah Binti Takril, and Sri Wahyu Sakina Ahmad Sanusi Depertment of Accounting Faculty of Management and Muamalah Kolej Universiti Islam Antarabangsa Selangor nurfikhriah@kuis.edu.my, sriwahyu@kuis.edu.my ABSTRACT Malaysian tax research has put little attention on the tax morale of Malaysian tax environment. Therefore, the objective of this study is to explore the perception of Malaysian
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Chapter 9 Ethanol Policy and Ethanol Politics David S. Bullock28 The United States is currently passing through one of the most exciting and controversial periods of its energy history. With the US military caught up in armed conflict in the Middle East, and with global warming looming in the minds of many expert scientists as the world’s greatest environmental challenge, a common belief is that it is more important than ever that the US develop sensible and far-sighted energy policy. Politicians’
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Traffic in the City of Kelsey Vernon Colbourne ACC 574 George Holbrook June 22, 2015 The City of Kelsey’s mayor has identified a need to increase funding for the city highways. The reason for this request is the traffic issues the city has seen in the past couple of years. Those traffic issues are road congestion and traffic accidents. This change ultimately affects the City of Kelsey current budget fiscal cycle. The mayor deemed it appropriate
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IMPACT OF TAXATION ON PERFORMANCE OF SMALL AND MEDIUM ENTERPRISES IN MUKONO TOWN COUNCIL BY WOLIJJA ROSERN REG. NO: 10/U/7704/EKE/PE A RESEARCH PROPOSAL SUBMITTED TO THE FACULTY OF ARTS AND SOCIAL SCIENCES IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE AWARD OF THE DEGREE OF BACHELOR OF ARTS IN ECONOMICS OF KYAMBOGO UNIVERSITY JULY 2013 DECLARATION I………………………………… hereby declare to the academic board
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Task 1 Creating a Family Business My family and I have decided to open a tea shop in Yangon. However, saying it is easy but making it happens is hard. Creating a business in the real business world is not as simple as people have thought. There are a lot of factors that need to be put into consideration. Financial standpoint, location, same business competitors, consumers, market demand and also, organizational structure of the organization that wanted to be set up should be carefully considered
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According to Hill, there are several main instruments of trade policy like tariffs, subsidies, import quotas, voluntary export restraints, local content requirements, administrative polices and antidumping policies. We will begin with tariffs. They are taxes levied on imports that effectively raise the cost of imported products relative to domestic products. They provide protection to domestic producers, force consumers to pay more for certain imports, reduce the efficiency of the world economy and
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retirement saving plans, the 401(k) plan. The 401(k) is a qualified retirement saving plan which allows the employer to place a part of the employee’s wages into a determined saving account under the plan. These contributions are deducted from the federal
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The most significant problem that Washington School districts face when it comes to the amount of funding that is received from the government is how the money is collected by the state. There are two sources in which schools receive funding, the first is through state funds allocated by the legislature and local money raised by local levies. The main problem with this form of funding is from the fact that every school district receives different amounts of funding. Cities with High property value
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