HISTORY OF TAXATION IN GHANA Introduction & Definition of taxation: To tax (from the Latin taxo; "I estimate") is to impose a financial charge or other levy upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay is punishable by law. A tax may be defined as a "pecuniary burden laid upon individuals or property owners to support the government [...] a payment exacted by legislative authority." A tax "is not a voluntary payment
Free Tax
the contribution of CEPS in respect of Revenue and Non-Revenue functions to National Development over the period 2008 – 2011. Customs‚ Excise and Preventive Service (CEPS) established under the CEPS (Management) Law 1993 PNDCL 330 has proved it worth in tax administration‚ collecting GH¢ 24‚800‚000‚ GH¢ 31‚5000‚000‚ GH¢ 37‚100‚000 and GH¢ 45‚900‚000 in 2008‚ 2009‚ 2010 and 2011 respectively in Kumasi‚ contributing 1% in total CEPS revenue in Ghana. Aside revenue collection‚ CEPS is mandated to prevent
Premium Tax
Revenue Management 2012/2013 (FTRD 9001) In an economic downturn‚ the task of the Revenue Manager is a challenging one‚ with a fall in overall demand and ensuing lower prices in the Market Place. Discuss strategies and tactics that may be used to best manage revenue in the current environment. TABLE OF CONTENTS Summary......................................................................................................................3 1. Introduction ...................
Premium Hotel Hospitality industry Pricing
Q1. How might revenue management be applied to a professional services firm (e.g. consulting)‚ a restaurant‚ and a golf course? What rate fences would you use and why? Revenue Management for a professional consulting firm:- Revenue management for a professional services firm can be applied by defining different packages for major clients‚ minor clients & new clients. Model can be adjusted as fixed price model as well as fixed plus variable cost model. This can be further differentiated with proficiency
Premium Price Pricing Restaurant
data) | February 1‚ 2008 | February 2‚ 2007 | February 3‚ 2006 | January 28‚ 2005 | January 30‚ 2004 | February 1‚ 2002 | January 28‚ 2000 | Results of Operations | | | | | | | | Net Revenue | 61‚133 | 57‚420 | 55‚788 | 49‚121 | 41‚327 | 31‚168 | 25‚265 | Cost of Revenue | 49‚462 | 47‚904 | 45‚897 | 40‚103 | 33‚764 | 25‚661 | 20‚047 | Gross Margin | 11‚671 | 9‚516 | 9‚891 | 9‚018 | 7‚563 | 5‚507 | 5‚218 | Gross Profit Margin | 19.1% | 16.6% | 17.7% | 18.4% | 18.3% | 17
Premium Revenue Generally Accepted Accounting Principles Earnings before interest and taxes
Applied Mechanics and Materials Vols. 229-231 (2012) pp 2775-2778 © (2012) Trans Tech Publications‚ Switzerland doi:10.4028/www.scientific.net/AMM.229-231.2775 Airline Revenue Management: Optimization Using Origin-Destination Strategy Controlled by Nested Heuristics Ajyuk J. Raj1‚ a‚ N. Ganesh Kumar2‚ b‚ S. Jayaraj3‚ c 1 M.E.‚ Department of Mechanical Engineering‚ PSG College of Technology‚ Coimbatore-641004‚ Tamil Nadu‚ India. 2 Assistant Professor‚ Department of Mechanical Engineering
Premium Airline Inventory Air France
Revenue means income. Allocation means to divide. Revenue allocation is defined as the division of available resources within an organisation or company. At a broader level‚ it is the process of assigning a cost to the amount of services and products generated. Government revenue is obtained from taxes‚ licenses and fees and allocated to public facilities. Because of the current revenue allocation formula in Nigeria‚ though there is a great deal of wealth in the country from the oil industry‚ 64%
Premium United States United States Constitution Federal government of the United States
BERGERAC CASE STUDY Summary The purpose of this report is to analyze the opportunity to produce plastic components for cartridge production and choose the best alternative. It is predicted that the annual demand growth is a triangular distribution with a minimum of 5%‚ most likely of 17% and a maximum of 25%. Due to the continuous growth in the demand‚ the alternatives cannot be compared using just the data for 2010. An analysis is carried out for the time period 2011 to 2015 and the present worth
Premium Revenue Income statement Cash flow
TEST OF CONTROLS – REVENUE TRANSACTIONS |Audit Objective |Audit procedure |Findings | |General | | | |Validity |Observe
Premium Invoice Accounts receivable General ledger
Statement Four Revenue recognition issues top the list of reasons for financial reporting restatements and one of the methods for creative accounting practices. Table of Contents Table of Contents 1 Introduction 3 Literature Review 4 Revenue recognition 4 Sale of goods 4 Rendering of services 5 Interest‚ royalties‚ and dividends 5 Creative Accounting 5 To meet internal targets 6 Meet external expectations. 6 Provide income smoothing. 6 Taxation 6 Change in management
Premium Revenue International Financial Reporting Standards Financial statements