“Family Income” Wage- Is the money amount receive daily for rendering service. Received by unskilled semiskilled‚ and skilled workers or blue-collar workers. A salary is the amount of money received monthly by professionals or white-collar workers. IN ADDITION TO WAGES OR SALARIES‚ SOME FAMILIES HAVE OTHER SOURCE OF INCOME THIS INCLUDE THE FOLLOWING: 1. Dividends from investments in bonds & stock. 2. Gifts from relatives & friends. 3. Inheritance. 4. Rentals from apartments
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Sta. Maria‚ Oel Angel BSBA – Marketing III February 15‚ 2014 Law in Income Taxation Mrs. Gosom Business Income Tax – A tax that governments impose on financial income generated by all entities within their jurisdiction. By law‚ businesses and individuals must file an income tax return every year to determine whether they owe any taxes or are eligible for a tax refund. Income tax is a key source of funds that the government uses to fund its activities and serve the public.
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oyment incomeEMPLOYMENT INCOME Source of Employment Income The basis of taxation on employment income is that income from exercising an employment in Malaysia is regarded as Malaysian derived income. All income attributable to the employment exercised in Malaysia is subject to Malaysian tax irrespective of where the remuneration is paid. Where an employee is required to perform his duties outside Malaysia‚ the entire remuneration is still chargeable to Malaysian tax if the services rendered outside
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started in 1994‚ when Harley Quinn was arrested into a federal prison‚ after giving birth to her baby girl Quinnzel. Quinnzel’s father was the one and only Joker. The Joker raised Quinnzel by himself. She was crazier than him and more insane than Harley. Quinnzel‚ just like her father had the big obnoxious/evil grin. Quinnzel’s hair was half purple and half pink. Most people though she was a spitting image of Harley. By the time Quinnzel was 14‚ her and her father planned to help Harley escape.The general
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* sdfgsdfghdshsdthsd Joe Nicely Reflective Essay Joe Nicely In this reflective essay I am going to discuss a situation that I had to work through and have made me stronger. I believe this situation taught me a... Premium * Reflection Essay Reflection Essay "The art of life lies in taking pleasures as they pass‚ and the keenest pleasures are not intellectual‚ nor are they always moral." This quote was... Premium * Cooking Demo Reflective Essay Cooking Demo Reflective Essay The group was
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Would you rather be a member of a small family or a big one? Small families become spoilt over excessive resources. The advantages of having a small family weigh up to having a pretty good life. By being part of a small family you will receive more attention from your parents; go on holiday often and have money for yourself. Parents will not have to stress over money and budget issues. Although the advantages of a small family are everything most children would want in their lives‚ the disadvantages
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Income inequality: Causes and Trends The distribution of wealth is extremely unequal in America and the whole world. This paper documents the growing inequality‚ and examines three reasons for its increase. The income growth for top earners is faster than income growth for the poor. This accelerated income growth for top earners would increase the income gap between top earners and the poor. In addition‚ income inequality between the poor and top earners in the US is becoming greater than in other
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NATIONAL INCOME Definition: According to Alfred Marshall‚ National Income is the labour and Capital of a country‚ acting on its natural resources‚ produced annually a certain net aggregate of commodities and in materials including services of all kinds. This is the net annual income or revenue of the country or the true national dividend. According to A.C.Pigou “ The national income dividend is that part of the objective income of the community‚ including‚ the income derived from aboard
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Classificatory smoothing of Income with Extraordinary Items - Summary Within this paper they talk about whether extraordinary items are used to smooth ordinary or operating income over time. The role of extraordinary items was never really looked at become separately and that is what they wanted to look at. They talk about how previously the focus was on net income after extraordinary items but that it is important to look at net income before extraordinary items also
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Distribution of Income • The fifth macroeconomical goals to ensure that income distribution is equitable. Equitable means fair‚ but fairness is an elusive concept and it means different things to different people. • A more equitable distribution may help to accelerate growth and promote human and economic development in many ways: • The propensity to consume of the poor is higher than that of the rich so redistribution will increase aggregate demand especially for basic goods and services.
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