Definition of Tax “Taxes are compulsory payment to government without expectation of direct return in benefit to the tax payer” According to section 2 (62) of the ITO (Income Tax Ordinance) 1984: “Tax means the income tax payable under ordinance and includes any additional tax‚ excess profit tax‚ penalty‚ interest‚ fees or other charges leviable or payable under this ordinance.” Characteristics of Tax i. Tax is a payment to the government by the people. ii. Payment of taxes is non-penal
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OrgCom Cummunication Across Culture Arthur Kiskisol MBA Professor: Dr. Concepsion Sumadsad Tickler different people different point of view Seven Habits by Stephen Covey Culture and Communication “Culture is communication and communication is culture” (Hall‚ 1959) Founding Role of Edward T. Hall The term “intercultural communication” was used in Edward T. Hall’s (1959) influential book‚ The Silent Language‚ and Hall is generally acknowledged to be the founder of the field
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Ryan‚ Bernard / FIELD METHODS TECHNIQUES 10.1177/1525822X02239569 TO IDENTIFY THEMES ARTICLE Techniques to Identify Themes GERY W. RYAN RAND Health H. RUSSELL BERNARD University of Florida Theme identification is one of the most fundamental tasks in qualitative research. It also is one of the most mysterious. Explicit descriptions of theme discovery are rarely found in articles and reports‚ and when they are‚ they are often relegated to appendices or footnotes. Techniques are shared
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Copyright Concerns Kaden Galloway Texas A&M University-Central Texas Copyright Concerns Summary of Facts Ralph‚ a software engineer for SDX Alliance had the task of writing a computer code. In the past he had already worked on something similar as an intern at another company. Without informing anyone Ralph decided to use that same code with his current company. At first his manager was enthusiastic about the new code until it was brought to light that it was copyrighted
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BY THE INCOME TAX ACT ------------------------------------------------- Tax Exemptions are a deduction allowed by the law to reduce the amount of income that is subject to tax‚ these exemptions come in many forms but what they have in common is they reduce or entirely eliminate tax obligations. These exemptions can be categorized into two‚ exemptions based on the identity of the receipt and exemptions based on the nature of income .The amounts which enjoy exemption from income tax by reason of
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the New Civil Code (NCC)‚ ownership may be acquired through: 1. 2. 3. 4. 5. 6. 7. 8. Occupation Intellectual creation Law Donation Tradition Contract Prescription Succession Art. 712 (New Civil Code): “Ownership is acquired by occupation and by intellectual creation. Ownership and other real rights over property are acquired and transmitted by law‚ by donation‚ by testate and intestate succession‚ and in consequence of certain contracts‚ by tradition. They may also be acquired by means of prescription”
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W22Extra: Tax and Gearing: More Questions Multiple Choice 1) Which of the following statements is false? A) In general‚ the gain to investors from the tax deductibility of interest payments is referred to as the interest tax shield. B) The interest tax shield is the additional amount that a firm would have paid in taxes if it did not have leverage. C) Because Corporations pay taxes on their profits after interest payments are deducted‚ interest expenses reduce the amount of corporate tax firms
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WHAT IS TAX PLANNING ? Tax planning is an essential part of your financial planning. Efficient tax planning enables you to reduce your tax liability to the minimum. This is done by legitimately taking advantage of all tax exemptions‚ deductions rebates and allowances while ensuring that your investments are in line with your long term goals. Tax-planning amounts to making investments or contributions in line with prescribed guidelines that lead to reduction in tax liability. Simply put‚ the tax liability
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Maggie May‚ written by Rod Stewart‚ is a classic rock song that tells the story of a young man who was convinced to skip town with the girl of his dreams named Maggie. Now that he’s left‚ he realized what he is missing out on back home and he blames her for making him leave but he loves her too much to abandon her. This story is told through the different music conventions that help tell the story‚ not through words‚ but through sound. For example‚ the form of the song is split up into four repeating
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Topic Outline Effects of Sin Tax Law to Selected Bar Establishments in Dumaguete City Thesis: Although the sin tax law helps the country’s economy by raising the governments collected revenue which accounts for public use‚ it also results bar owners to eventually lay off workers to the extent of closing their business due to higher tax collection and sudden reduction of consumers. Introduction I. Sin Tax A. Definition B. History II. Effects of sin tax in the Economy A. Decrease consumers
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