"Flat tax" Essays and Research Papers

Sort By:
Satisfactory Essays
Good Essays
Better Essays
Powerful Essays
Best Essays
Page 14 of 50 - About 500 Essays
  • Powerful Essays

    Corporate Tax

    • 1741 Words
    • 7 Pages

    Ch. 12 Taxable Income and Tax Payable for Corporations I. Calculation of Net Income For Tax Purposes and Taxable Income - Corporations follow the applicable ordering rules of Section 3 in computing NITP Net Income for Tax Purposes Less: Div C deductions Taxable Income Most of the Div. C deductions for corporations are DIFFERENT from the Div. C deductions for individuals. Div C deductions for Corporations: 1. Charitable

    Premium Corporate tax Taxation in the United States Tax

    • 1741 Words
    • 7 Pages
    Powerful Essays
  • Better Essays

    Tax Law

    • 7450 Words
    • 30 Pages

    Tax Law Assignment According to the Act Gross Income is defined as ‚ in relation to any year or period of assessment‚ means‚ in the case of any person‚ the total amount‚ in cash or otherwise‚ received by or accrued to or in favour of such person during such year or period of assessment from a source within or deemed to be within Namibia‚ excluding receipts or accruals of a capital nature‚ but including‚ without in any way limiting the scope of this definition‚ such amounts (whether of a capital

    Premium Tax Generally Accepted Accounting Principles Taxation in the United States

    • 7450 Words
    • 30 Pages
    Better Essays
  • Satisfactory Essays

    introduction to tax

    • 323 Words
    • 2 Pages

    II. Criteria for Evaluating a Tax Structure Adam Smith -canons of taxation Equality Convenience Certainty Economy III. Tax Structure Tax base: Tax rates: Incidence of tax: Examples: Income $10 $20 $30 $3 (30%) $6 (30%) $9 (30%) $3 (30%) $7 (35%) $12 (40%) IV. Major Types of Taxes Property Taxes Transaction Taxes Death Taxes Gift Taxes Income Taxes Employment Taxes Other U.S. Taxes V. Formula for Federal Income Tax on Individuals Figure

    Premium Tax Taxation in the United States Value added tax

    • 323 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Tax Avoidance

    • 2177 Words
    • 9 Pages

    There is a very clear distinction between tax avoidance and tax evasion from academic publications. Tax books have defined tax avoidance as “the lawful minimization of tax liability through sound financial planning techniques‚ while tax evasion is the “unlawful attempt to minimize tax liability through fraudulent techniques to circumvent or frustrate tax laws”. The consequences of either action are also clear. The former is not punishable by law while the latter is. However‚ the lines between evasion

    Premium Tax Tax haven Tax avoidance and tax evasion

    • 2177 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Role of Tax Authority

    • 1218 Words
    • 5 Pages

    Tax & Taxation The term ’tax’ has been derived from the French word taxe and etymologically‚ the Latin word taxare is related to the term ’tax’‚ which means ’to charge’. Tax is an obligatory payment in the part of the citizen without the expectation of any direct benefit. Taxation is the obligation of non-penal‚ yet compulsory transfer of resources from the private to the public sector levied on a basis of predetermined criteria and without reference to specific benefit received. It is one of the

    Premium Tax Taxation

    • 1218 Words
    • 5 Pages
    Good Essays
  • Good Essays

    An ad valorem tax is a tax based on the value of the incurred‚ like the value added tax‚ sales tax‚ property tax or inheritance tax. The value of the goods‚ services or properties is the basis for the tax collected. Specific tax on the other hand‚ is a tax based on the quantity produced. It is not a function of the value of the product being taxed. Cigarettes are a product being taxed in such category. The use of specific tax could have been a good idea since it is evident that even though

    Free Tax Taxation Cigarette

    • 1138 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Income Tax

    • 1148 Words
    • 5 Pages

    INCOME TAX NOTES Residential Status and Incidence of Tax According to Section 5 of the Income Tax Act the scope of total Income of an assessee depends on his residential status.On the basis of residential status assessee are classified under the following two categories: 1. Resident 2. Non-resident. As per as resident individuals and Hindu Undivided Families are concerned‚ they can be further divided into two categories: 1. Ordinarily Resident 2. Not ordinarily Resident. Residential

    Premium Tax Tax refund Taxation in the United States

    • 1148 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Features of Service Tax

    • 548 Words
    • 3 Pages

    FEATURES OF SERVICE TAX 1. Scope: It is leviable on taxable services ‘provided’ or ‘to be provided’ by a service provider. The services ‘to be provided’ in future are taxed only if payment in its respect is received in advance. Two separate persons required Payment to employees not covered: For charge of service tax‚ it is necessary that the service provider and service recipient should be two separate persons acting on ‘principal to principal basis’. Services provided by an employee to

    Premium Tax Output

    • 548 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Tax Evasion and Ethics

    • 291 Words
    • 2 Pages

     Who did it?  eBay avoided £ 50m in tax  Starbucks paid less than 1% tax on its profit  IKEA halved its tax bill  Former Italian Prime Minister Bersculoni  List goes on….  How do they do it?  Special Purpose Entities (SPEs)  Sister Company  Round Tripping  Tax havens  Influencing audit committees Who is affected?  Government  Less of taxes  Profits siphoned off to other countries  Fiscal deficit  General public  Less spending from govt.‚ less benefits

    Premium Tax

    • 291 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Goods and Service Tax

    • 1696 Words
    • 7 Pages

      What is GST?   GST is a tax on goods and services with comprehensive and continuous chain of set-off benefits from the Producer’s point and Service provider’s point up to the retailer level. It is essentially a tax only on value addition at each stage and a supplier at each stage is permitted to set-off through a tax credit mechanism. Under GST structure‚ all different stages of production and distribution can be interpreted as a mere tax pass through and the tax essentially sticks on final

    Premium Tax Taxation in the United States

    • 1696 Words
    • 7 Pages
    Powerful Essays
Page 1 11 12 13 14 15 16 17 18 50