SIN TAX BILL MANILA‚ Philippines—A “sin tax” on cigarettes and alcohol dampened the New Year party spirit when it was introduced in the Philippines Tuesday‚ as part of a government bid to boost finances. Many stores started selling tobacco and drink at inflated prices before midnight‚ ahead of the official implementation of the tax hikes on January 1‚ hitting partygoers in the pocket. Tax on cigarettes will gradually be raised to P30 ($0.72) per pack by 2017‚ roughly doubling the current price
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Should There Be a Tax On Junk Food? What would it be like to see a healthier‚ skinnier world? A world were more of the population exercised. People choose to eat well balanced meals instead of greasy‚ fattening foods. Where it would be easier to afford the more healthy foods and not the fast foods all the time. Junk food should be taxed because the rate of obesity is rising rapidly‚ so people need to choose their foods more wisely‚
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What is Stamp Duty Land Tax? Stamp Duty Land Tax (SDLT) is generally payable on the purchase or transfer of property or land in the UK where the amount paid is above a certain threshold (£40‚000 or more). In addition most UK land and property transactions must be notified to HM Revenue & Customs (HMRC) on a Stamp Duty Land Tax return within a certain time limit - even if no tax is due. What value is SDLT charged on? Stamp Duty Land Tax (SDLT) may be payable when property or land is bought
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A PROPOSAL ON: EFFECTIVE TAX MANAGEMENT AND LOCAL GOVERNMENT REVENUE GENERATION NAME: OKORO EMMANUEL MATRIC NO.: P/HD/10/3610072 INSTITUTION: YABA COLLEGE OF TECHNOLOGY FACULTY: MANAGEMENT AND BUSINESS STUDIES DEPARTMENT: ACCOUNTING SUPERVISOR: Dr. S. F. Akinbuli 1. Background to the Study Who would invest in a company without reliable financial statements? Integrity is the hallmark of the accounting profession and stakeholders rely on their work product. For a long time
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Subject: FINANCIAL MANAGEMENT Course Code: M. Com Lesson: 1 Author: Dr. Suresh Mittal Vetter: Dr. Sanjay Tiwari FINANCIAL MANAGEMENT OF BUSINESS EXPANSION‚ COMBINATION AND ACQUISITION STRUCTURE 1.0 1.1 1.2 Objectives Introduction Mergers and acquisitions 1.2.1 Types of Mergers 1.2.2 Advantages of merger and acquisition 1.3 1.4 1.5 Legal procedure of merger and acquisition Financial evaluation of a merger/acquisition Financing techniques in merger/Acquisition 1.5.1 Financial problems after merger
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“Financial statements are like fine perfume; to be sniffed but not swallowed.” - Abraham Briloff (Professor Emeritus of CUNY Baruch) ACCOUNTING: Accounting is defined by the American Institute of Certified Public Accountants (AICPA) as "the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least‚ of financial character‚ and interpreting the results thereof." ACCOUNTING AND ITS ROLE IN SOCIETY:
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irregularities. Auditors should have looked closer at the complex and complicated SPEs transactions in whish the company was venturing. What is the Emerging Issues Task Force (EITF)? Is it the same as FASB? Does a Consensus of the EIFT have the same power of GAAP as an FASB Statement? No they are not the same. The EITF was formed in 1984 in response to the recommendations of the FASB’s task force on timely financial reporting guidance and an FASB invitation to Comment on those recommendations. Task
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For this week‚ I’ll be focusing on the work Criminal Homicide as a Situated Transaction by David F. Luckenbill. More specifically‚ I’ll be talking about the portion of the writing where he described the murders as a direct result of not heeding a request. I have never thought of a situation where someone was in the position of committing murder could make it sound so simplistic in design. When the offender asked a victim to do something or to not do something and they didn’t comply‚ basically warranted
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progressive economy. It was then that India saw the emergence of new sectors such as information technology‚ telecom‚ and the rapid growth of service sectors like hospitality‚ banking‚ retail and entertainment. All of which led to the growth of the Indian financial system. Deregulation of industries coupled with participation from foreign investors marked the beginning of the era of large scale mergers and acquisitions (M&A) in India. Recent notable deals such as Vodafone-Hutchison Essar‚ Tata-Corus and Hindalco-Novelis
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BUSN1002 Financial Accounting Processes Semester 2‚ 2013 LECTURE OUTLINES 1 – 6 Topic Coordinator: Philip Palmer Room 3.70 Law and Commerce Building Email: philip.palmer@flinders.edu.au Ph: 8201 2013 FLINDERS UNIVERSITY FLINDERS BUSINESS SCHOOL BUSN1002 Financial Accounting Processes Philip Palmer Lecture Outline 1 Introduction to Financial Accounting Reading: Hoggett et al.‚ Chapters 1 and 2 1 Introduction to Accounting Accounting is an information system designed to
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