How Can Tax Law Stimulate Economic Growth and Finance development? INTRODUCTION Tax is one of the most revenue sources where each government relies upon to exist sustainably and discharge its public responsibility. Therefore‚ this essay tries to highlight how this revenue source of the government is controlled and administered to bring economic growth and finance development. Tax law is the mechanism whereby the government designs to ensure the proper collection of its tax. In this connection‚ tax
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ECONOMIC LAWS Concept of Law: Law means “rule or conduct”. A law expresses the causal relationship between two sets of phenomenon. Like other sciences‚ economics also collects facts and undertakes their systematic study. The facts are analysed and conclusion drawn. These conclusions establish causal relationship between the concerned facts. These are called laws or generalisations. Collection of facts ⇨ Systematic Study of facts ⇨ Establishment of facts ⇨ Analysis of facts ⇨ Conclusion has
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2. Theoretical context “There is no escape from the politics of our knowledge.” This chapter will focus on state of the art theory regarding museums in a global perspective‚ but also museums in a post-Apartheid context. A number of concepts have already been mentioned that warrant explicit explanation due to the nature of the terms. The concept of ‘museum’‚ ‘heritage’‚ ‘community’ and ‘identity’ are broad enough to warrant explanation within the context of this paper. These concepts have been
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Pop Culture in the Global Context "A long time ago in a galaxy far‚ far away" is a phrase that has been translated into hundreds of languages all over the world. Star Wars is an influential science fantasy saga and fictional universe created by writer‚ producer‚ and director George Lucas in the early 1970s. In 2005‚ Forbes Magazine estimated the overall revenue generated by the entire Star Wars franchise‚ over the course of its 28-year history‚ at nearly $20 billion‚ easily making it one of the
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Based upon the above meaning of economic profit- Stern Stewart & Co. recognised that management’s goal should be to maximise the market value of company but also that this could not be done in isolation from the capital invested in the company. Thus‚ management should aim to maximise the difference between the market value and the invested capital (debt + equity); this is known as market value added or MVA. However‚ higher MVA is the result of management action and not a tool in itself. SIMILAR TO
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Economic value of water A Multi-Criteria Analysis approach Introduction Water is an essential resource that has a multiplicity of use in domestic‚ Industrial‚ agricultural‚ hydropower generation‚ mining‚ environmental etc activities but the present unsustainable use and mismanagement in the Kafue Basin of Zambia has put pressure on the resource and conflicts among stakeholders have emerged due to the diminishing quality and quantity of the water from the main source- the Kafue River. The
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Context reflects values Context is a clear reflection of the values of any era‚ especially in Shakespeare’s canonical play Hamlet. The events and characters in Hamlet embodies the historical context of shifting religions and political uncertainty that lead to a society imploding. Composed in the 1600s‚ the murder of a king and the encroachment of foreign power would have had particular resonance for the audience as there was an innate failed invasion of Britain by Spain and an attempted assassination
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the world. The global economy also comprises of global financial system. Global financial crisis however‚ is turmoil in the world financial system caused due to some illogical reasons and mismanagement by the financial institutions. The global financial crisis basically reflects a combination of three-factors which marks the worsened situation weakening balance sheets of financial institutions‚ continuous fall in asset prices‚ weakening global growth. A worldwide period of economic difficulty experienced
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Additional duties Civil law partnership Relatively small-scale business activity conducted by at least two entities Partners Business name Civil law partnership is not a separate legal entity. Only its partners are such entities However‚ civil law partnership is subject to VAT and excise tax as if it were a separate entity There is no initial capital Civil law partnership Civil law partnership agreement should specify‚ as a minimum (art. 860 CC): common economic purpose‚ for which the
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Global Business Context Assignment task 3 Tutor: Mahfuzur Rahman Doing Business in Poland Terms of reference This is a formal report. Global Ventures PLC is regarding the set-up new business. The company would like to operate its furniture factory in the Poland and majority (70%) of its production will be exported to the EU countries. I suggested to my employer‚ Global Ventures PLC that we should establish a presence in the furniture industry. EU market size is enormous. The wealth
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