and levies. It seems that government might have to collect more money either through VAT (Value Added Tax) or from direct taxes. In Bangladesh VAT introduced in 1991 by replacing the sales taxes is still known as the vital reform in Bangladesh revenue structure. The remaining potential sector is the income taxes sharing almost all taxes coming through direct sources. Tax base is too narrow and the tax law is full of exemptions and allowances. Agriculture sector provides employment for around 60percent
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A contract -is a legal agreement that occurs between two or more parties. It can be a written or spoken agreement that can concern employment‚ sales‚ or tenancy. Parties or members involved‚ enter voluntarily into this agreement. Every contracts involve two persons they are the: Offeror and Offeree. The offeror is the one who offers to enter into a contract and the Offeree is the one to whom the contract is being offered Elements of a contract: Agreement‚ Lawful object‚ consideration and contractual
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Direct Tax Code (DTC) 1 1‚2 Dept. of FMS‚ Gurukul Kangri University‚ Haridwar‚ UK‚ India tax regime as it is based on well accepted principles of taxation and best international practices. It will eventually pave the way for a single unified taxpayer reporting system. The Philosophy behind such replacement is to make the Direct Taxes Code very easy and simple so that tax payers themselves can‚ without help of experts compute and file Income Tax Returns. In planning and framing an ideal Income Tax Structure
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Prolonged Immobilization I. A. Definition Defined as prolonged inactivity‚ bed rest and immobilization were widely used in the early days of rehabilitative science in the management of trauma and acute and chronic illness‚ before the physiologic effects were well understood. It was generally assumed that rest fostered healing of the affected part of the body. However‚ while it has beneficial effects to soft tissue healing and to bone healing after fractures among a myriad of other conditions‚ immobility
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Income Tax Return Assignment You have your own CPA tax practice and you are greeted with new clients: Albert and Jenny Cunningham and their two children. You meet with them and they give you the information shown below. They would like you to prepare their tax return for 2013. They would like to file married filing jointly. NOTE: Reference to the “current tax year” below for the taxpayers‚ Albert and Jenny‚ it is for the calendar year 2013. Albert and Jenny Cunningham (both 42 years
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the Great was an important historical figure known for his education‚ rise to power‚ and what he did while in power. He grew up in Diocletian’s court and was taught to a very high standard. What he learned was very important. “This education left a lasting imprint on him.” (Matthews and Nicol). While battling in war as a military commander‚ Constantine was declared emperor by his fellow soldiers because his father‚ Constantius I‚ had died while fighting in battle. Constantine the Great was well known
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How can an Initial Assessment that I have devised myself help me to tailor my teaching to satisfy individual learner needs? Action Research Project submitted to the Southgate College (Validated by the University of Middlesex) In partial fulfilment of the requirements for the qualification of Diploma in Teaching in the Lifelong Learning Sector by Vishnu Kumar Maharatna Parihar Period of study: 2008 – 2011 Introduction I chose to research how an Initial Assessment Form
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What happened before the hurricane? The tropical misery which transformed into Hurricane Katrina‚ constructed over Bahamas on August 23‚2005‚ and the weather predictors soon had the ability to warned people living amongst the Gulf Coast region‚ that a large storm is on its way. By the time August the 28th had hit evacuations were under way through out the Gulf of the United States. That same day National Weather predictors predicted after the storm the majority of the Gulf Coast would be unsafe
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W22Extra: Tax and Gearing: More Questions Multiple Choice 1) Which of the following statements is false? A) In general‚ the gain to investors from the tax deductibility of interest payments is referred to as the interest tax shield. B) The interest tax shield is the additional amount that a firm would have paid in taxes if it did not have leverage. C) Because Corporations pay taxes on their profits after interest payments are deducted‚ interest expenses reduce the amount of corporate tax firms
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distinguished from offers because they contain no demonstration of present intent to form contractual relations. No contract is formed when prospective purchasers respond to such terms‚ as they are merely invitations or requests for an offer. Unless this interpretation is employed‚ any person in a position similar to a seller who advertises goods in any medium would be liable for numerous contracts when there is usually a limited quantity of merchandise for sale. An advertisement‚ price quotation‚ or catalogue
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