to appr aise the usefulness of the tax system in Nigeria‚ usin g Value Added Tax system as a r efer en ce point. The significance of this stud y i s that it will enable th e government officials‚ r esear cher s an d econ omic analysts to appr aise an y type of tax‚ with th e aid of the par ameters used in this stud y. The stud y used th e ability to gener ate revenue and the ability to in fluence th e consumption pattern s as th e measur ement par ameter s and found that VAT has been effective
Premium Tax Value added tax Income tax
MINISTERUL EDUCATIEI‚ CERCETARII SI TINERETULUI INSPECTORATUL SCOLAR JUDETEAN DOLJ OLIMPIADA DE LIMBA ENGLEZA FAZA LOCALA -GIMNAZIU -11 APRILIE‚ 2008 Clasa aVI-a SUBJECT I Ask "wh-" questions about the underlined parts of the following sentences: 1. The English teacher gave us a test last week. 2. People often go to pubs in London because they have accessible prices. 3. The top model is wearing a silver dress tonight. 4. The weather was warm and sunny yesterday. 5. Nothing has happened
Premium
The Tax Research Process The overriding purpose of tax research is to find solutions to the tax problems of one’s clients or employer. The process is similar to that of traditional legal research. The researcher must find authority‚ evaluate the usefulness of that authority‚ and apply the results of the research to a specific situation. One can identify two essential tax research skills: * The first is using certain mechanical techniques to identify and locate the tax authorities that relate to
Premium Taxation in the United States Internal Revenue Service Tax
What determines our destiny? It can be difficult to understand and realize what determines our destiny. There are Contradiction determining if our characteristics and behavior are primarily due to Genetics or the environment in which we live. Many factors and aspects of Lives influence us daily. These factors create different circumstances that lead us to determined our path. Dr. Judith Rich Harris states in the video that the similarity of children to their parents in personality‚ is
Premium Gene Genetics Nature versus nurture
IMPACT OF TAX REFORMS SINCE 1991 Tax reform since 1991 was initiated as a part of the structural reform process‚ following the economic crisis of 1991. Direct Tax Reforms: 1. As per the recommendations of the TRC the personal tax brackets were only three‚ of 20‚ 30‚ and 40% starting in 1992–93. Financial assets were excluded from the wealth tax‚ and the maximum marginal rate was reduced to 1%. 2. Further reductions came in 1997–98‚ when the three rates were brought down further to 10‚ 20‚
Free Tax Taxation Corporate tax
Tobacco tax: good for health‚ good for government finances Tobacco use kills over 5 million people each year and is the largest single preventable cause of premature death.1 Tobacco is very costly to society through high costs to treat tobacco-induced disease or through loss of productivity as a result of the premature deaths. But governments have a tool to combat the costs of tobacco use — tobacco taxation. Higher tobacco prices decrease consumption and encourage people to quit Increasing
Premium World Health Organization Tobacco Cigarette
PFRS vs. Tax – Significant Differences* *connectedthinking Agenda Introduction Summary of key differences Questions and answer Introduction Introduction About the contents of this material: IFRS keeps on evolving and changes are expected in the future. The contents of this presentation are just some of the more common differences as of December 31‚ 2006. It is not possible to include all differences for the purpose of this presentation due to time constraints. PICPA: Tax Implications
Premium Generally Accepted Accounting Principles Balance sheet Asset
Human Freedom Freedom in mind‚ freedom in nature‚ and freedom in subjectivity of individual are three kinds of freedoms. However‚ freedom should be expressed within the limits of reason and morality. Having freedom equals having the power to think‚ to speak‚ and to act without externally imposed restrains. As a matter of fact‚ finding freedom in order to live free is the common idea in Plato with "The Allegory of the Cave"; Henry David Thoreau with " Where I lived and What I lived for"; and Jean
Premium Free will Jean-Paul Sartre Henry David Thoreau
JUSTIFICATION OF GST There was a burden of "tax on tax" in the pre-existing Central excise duty of the Government of India and sales tax system of the State Governments. The introduction of Central VAT (CENVAT) has removed the cascading burden of "tax on tax" to a good extent by providing a mechanism of "set off" for tax paid on inputs and services upto the stage of production‚ and has been an improvement over the pre-existing Central excise duty. Similarly‚ the introduction of VAT in the States
Premium Tax Value added tax Indirect tax
Business Situation 1 1. Summarize the factors which you believe would cause an explosive demand for the new tea by using the economic factors that drive the demand for any product. According to Hubbard and O’Brien (2013) the market demand is the demand by all consumers of a given good or service (p. 76). Variables that drive market demand include: price‚ income‚ prices of related goods‚ tastes‚ population and demographics‚ and expected future prices. The law of demand is‚ holding everything
Premium Supply and demand Consumer theory