Service sector in China * Structures, restrictions and recommendations University: Shanghai University – School of Economics Course: Service economics and Trade Tutor: Professor Dong Yinguo Author: Hake Feka Student ID: 13D62241 Abstract The result of the market-oriented reforms in China along with its opening up to the outside world were rapid industrialization and integration in international trade. The service sector has perceived a fast, continued development and has made huge
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Card holders must make sure they submit a purchase memorandum before making a purchase. Also, the memorandum should be approved before making a purchase. It is very important to make sure that the vendor accepts the GPC and that they are tax exempt. Tax exempt is defined as “not subject or liable to taxation.” (Dictionary.com, 2012) Card holders have a monthly purchase limit and a single purchase limit. The single purchase limit is the amount that can be charged for a single purchase. The
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Tax Supported Education In today’s society, we do not think twice about public education being funded by our taxes at a district, state or federal level. We take for granted expected rights such as education and the right to vote. When we stop and take a look back at history, we realize that the expectation of education was not always a birth right but one that developed due to our ancestors realizing the effect an education (or lack of an education) can have on society. The involvement of Government
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Question: Does the government have the obligation to lessen the economic gap between its rich and poor citizens? The government does have the obligation to lessen the economic gap between rich and poor citizens for many reasons. A couple of the reasons as to why the government can proceed with this action are because it proses a violation to a representative government and it cause social problems. Governments mainly lessen economic gaps through advanced taxation, particularly income taxes, and
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social security system promote income equality? I do not feel that the social security system promotes equality because anyone with income of more than $400 per month has to pay SS tax and if self-employed like a nanny or gardener, has to pay the employers share as well. so even the poorest people pay a 15% tax on income,
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obesity, the Mexican government proposed a one-peso tax (eight cents) for every liter of sugar-sweetened beverages. This way, Mexico follows Denmark, Hungary and France, and could become the fourth country to establish a tax of this kind. According to a 2012 national survey, almost a third of Mexican adults are obese, while nearly 40% are overweight, making it the fattest industrialized nation. The government, as well as some NGOs, argues that the tax will increase soft drinks prices, resulting in a
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Student’s Name Instructor’s Name Class Date What do you think would be the consequences of the legalization of marijuana? The legalization of marijuana has been a hotly contested topic in the US and other countries for a long time. This is because many people disagree on the effects it will have on communities and the country in general. Some people argue that it may encourage abuse and thus result in promotion of negative aspects. Some people argue that legalizing it would increase its impact
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majority shareholder of a taxpayer company incorporated overseas, was considered to be the managing director and agent who alone could decide upon the entering of contracts by the company in Australia. The company was found to derive its income and have tax residency in Australia “despite the directors being non-resident and meeting outside Australia” due to central management and control being held by an Australian resident. Similarly in Crown several indicators of absolute authority held by an Australian
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orkMultinational Corporations 1. Multinational Corporations http://www2.econ.iastate.edu/classes/econ355/choi/mul.htm Definition of MNC | Multinational firms arise because capital is much more mobile than labor. Since cheap labor and raw material inputs are located in other countries, multinational firms establish subsidiaries there. They are often criticized as being runaway corporations.Economists are not in agreement as to how multinational or transnational corporations should be defined
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Vishnu Venkateswaran Writing 140: Section #64330 Rory Lukins November 15th, 2013 Assignment #4 The Tea Party’s Illegitimate Reactions to Perceived Failures of Society Signs that read “revolt against socialism”, arguments racing across the floors of Congress, and meddling in the electoral process to protest against the Democratic agenda are just a small number of the Tea Party’s activities. The Tea Party is a movement spurred on by CNBC’s Rick Santelli whose angry rant rouse the fervor of many
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