THE LOCAL GOVERNMENT CODE OF THE PHILIPPINES BOOK II LOCAL TAXATION AND FISCAL MATTERS TITLE ONE. – LOCAL GOVERNMENT TAXATION CHAPTER 1. – GENERAL PROVISIONS SECTION 128. Scope − The provision herein shall govern the exercise by provinces‚ cities‚ municipalities‚ and Barangays of their taxing and other revenue−raising powers. SECTION 129. Power to Create Source of Revenue − Each local government unit shall exercise its power to create its own sources of revenue and to levy taxes‚ fees‚ and
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The effects of globalization on local culture In the past people said it is impossible to know about things that happen in any part of the same area. They think if it happens it will be magic. Nowadays the magic has become true. It is so easy to know about any event that happens in any part of the world at the same time! This is globalization‚ and it makes the big world like a small village without national borders but with the same language and laws‚ to make communication between people easier
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studying this chapter‚ you should be able to: 1. Define the terms tax‚ taxpayer‚ incidence‚ and jurisdiction. 2. Express the relationship between tax base‚ tax rate‚ and tax revenue as a formula. 3. Identify and describe the types of taxes levied by local governments‚ state governments‚ and the federal government. 4. Explain why different taxing jurisdictions often compete for revenues from the same taxpayer. 5. Identify the reasons why governments continually modify their tax systems. 6. Describe
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CORRECTION OF THE ESSAY : “Imagine the Ideal City” The city of my dreams is neither too big nor too small. (Jenna) It is clean‚ there aren’t any cigarette butts‚ chewing gums‚ papers or dog dirt on the floor.( Angélique /Marjorie) It is Green‚ ecological (Stéphanie): there are less traffic and pollution because people use alternative means of transport (Gamzé/ Maria) and the cars run with solar energy. The houses are equipped with solar panels too to protect the Earth (Fanny/Stephanie) People recycle
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considerations in today’s global world (based on Lee and Carter 2012). Critically appraise how marketers can manage both the local and global (glocal) cultures when planning their marketing operations. Consider the macro environment as well as the impact of culture on buyer behaviour. A country’s culture is a part of it‚ which has been there through generations. Today‚ we are able to communicate and share our cultures through travel and trade. The world is now a huge global economy where one change
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The Shareholders vs. Stakeholders Debate T he stakeholder theorists smell blood. Scandals at Enron‚ Global Crossing‚ ImClone‚ Tyco International and WorldCom‚ concerns about the independence of accountants who are charged with auditing financial statements‚ and questions about the incentive schema and investor recommendations at Credit Suisse First Boston and iMerrill Lynch have all provided rich fodder for those who question the premise of shareholder supremacy. Many observers have claimed that
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The City of Tanauan (Filipino: Lungsod ng Tanauan) is a second class city in theprovince of Batangas‚ Philippines. According to the latest census‚ it has a population of 142‚537 inhabitants in 21‚912 households. It was incorporated as a city under Republic Act No. 9005‚ signed on February 2‚ 2001 and ratified on March 10‚ 2001. Revolutionary thinker and former Prime Minister Apolinario Mabini and former PresidentJosé P. Laurel were born in Tanauan. Recent events include the assassination of its
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Area And City Area People who live in the country might long to live in the city and those in the city may long for the peace and quiet of country life. However‚ country life and city life has several differences which may attract one person or repel another. Firstly‚ an elderly person might find life in the city to be better in the long run as there is better access to health care facilities and around the clock emergency services. However‚ the kind of health care available in the city is not
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Nike: The Sweatshop Debate analyzes the legal‚ cultural and ethical challenges confronted by global business and will also examine the roles that host governments have played while summarizing the strategic and operational challenges facing global managers at Nike. Having standards in place will protect the organization from a major crisis like the one formally faced by Nike. Philip Knight and Bill Bowerman created the world’s largest sportswear company‚ Nike‚ in 1962. Nike now controls more than
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Walker Doven Doven Mrs. Yurman 5/2/13 Jefferson‚ Valeria. "An Overview of the Genetically Modified Food Debate." 2009. Genetically Engineered Foods. Ed. Nancy Harris. San Diego: Greenhaven Press‚ 2003. At Issue. Rpt. from "The Ethical Dilemma of Genetically Modified Food."Journal of Environmental Health 69.1 (July-Aug.2006): 33-34. Opposing Viewpoints In Context. This article was written by Valeria Jefferson‚ a corresponding author for the Journal of Environmental Health‚ and the
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