resources burden government with economic problem which can and shall ultimately pose danger to the peace and order condition of the community‚ country or nation. In the Philippines the tax department‚ popularly known as Bureau of Internal Revenue (BIR)‚ is under the support of the Department of Finance. The tax department has enormous and wide ranging administrative and legislative powers when it comes to assessment‚ enforcing taxes and collection. It is considered to be the main revenue earning
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spend vast amounts of their money on food and a significant percentage of that money is spent on low-nutrition foods such as fast foods and processed foods. Being the cash cow that it is‚ the capitalist food system has provided the opportunity for corporations to profit numerous types of junk foods (fast & processed foods containing high sugar‚ salt‚ fat). According to Robert Albritton’s (2009:90) “Let Them Eat Junk‚” he argues that “the consumption of junk foods
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Fat Chance for the “Fat Tax” Our bodies and what we put into them is our own business unless someone else is harmed in the process. I can understand a tax on drinkers and smokers because drinkers can harm others when they get behind the wheel of a car‚ and secondhand smoke is a killer of many‚ but a tax on what people eat is preposterous. People are still going to eat junk food no matter what the cost is; look at smoking‚ the price of cigarettes keeps going up but people continue to buy them
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SIN TAX (HOUSE BILL 5727) SHOULD BE LAGALIZED IN THE REPUBLIC OF PHILIPPINES (+) In partial fulfillment of the requirements Of the subject PHIN11A Submitted by: Ceejay Martinez Abby Padua Merene‚ Myka Kim Villareal‚ Peter James On October 3‚ 2012 To: Ms. Violeta Tabin PREMISES 1. Smoking cigars and drinking liquors are bad to health. 2. Number of accidents will be lessen. 3. Lessen the number of users. 4. It may cause air pollution. 5. It may stop the production of cigars and liquors
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I disagree with this statement. I believe that higher taxes should not be imposed on soft drinks and junk food. Yes‚ obesity is a huge problem in today’s society‚ but is extra taxes really the solution to this problem? There are many people who are a healthy weight‚ do regular exercise and generally have a healthy diet. These people like to enjoy the odd bottle of coke or bar of chocolate. And why shouldn’t they? Everyone deserves to treat themselves once in a while. Even the top athletes these
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Ethiopia’s Trade Relation with the EAC and Sudan Ethiopian Economic Association Lead Researcher Kibre Moges Sponsored by Friedrich Ebert Stiftung May 2008 Addis Ababa Table of Contents Page List of Tables List of Figures Abbreviations Executive Summary iv v v vi 1. Introduction 1 2. Challenges and Opportunities of South-South Trade 2.1 Configuration of the current international trade integration 2.2 Policy initiated South-South trade integration 2.3 Opportunities and Challenges of trade Integration
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Healthy Food vs Junk Food Diet is almost everything according to nutritionists. The importance of consuming a healthy diet is immensely beneficial for a good and enjoyable lifestyle. As many religions and persisting cultures refer‚ the food that we eat should be in the desired quality in terms of nutrition as well as taste. However‚ the world today is facing a serious problem regarding junk food or unhealthy food. Many health-related problems have a common origin‚ that is junk food. Therefore‚
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In the article “Big fat tax is no gut buster” author Susie O’brien attacking the new tax on the fast food industry. By the opening slogan‚ “DON’T tax the big mac” she asserts her position on the tax. Written in bold the slogan immediately catches the eye and as it cleverly rhymes is very memorable. The author continues in cementing her standing on the issue by saying that a junk food tax is not the answer and the rhetorical question that‚ “why should reducing our weight start with our wallets?” Her
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Question 4 (22 marks) You‚ a CGA‚ are given the following information regarding Stoiche Anders. a. Stoiche Anders is 49 years old and is married to Dimmi. Stoiche has been employed by Fasco Ltd. for a number of years as an engineer. His salary for 2011 was $168‚898 as shown on his T4. Amounts paid by Fasco Ltd. on behalf of Stoiche and not included on his T4 are as follows: • Retirement counselling fee $ 1‚800 • Employer contributions to the company’s Registered Pension Plan $ 675 •
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College of Business and Accountancy COLUMBAN COLLEGE‚ INC. No. 1 Mt. Apo Street‚ New Asinan Olongapo City 2200 Tel. No.: (047) 222-3329 Telefax No.: (047) 222-7789 Website: www.columban.edu.ph DEDUCTIONS FROM GROSS ESTATE 1. Classify the following into exclusive deduction or conjugal/communal deduction. a. Funeral expenses b. Judicial expenses c. Loss of exclusive properties d. Loss of conjugal/communal properties e. Claims against exclusive properties f. Claims against conjugal/communal
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