Excise Taxes Definition of ’Excise Tax’ 1. An indirect tax charged on the sale of a particular good. 2. A penalty tax applied to ineligible transactions in retirement accounts. This penalty is assessed by and paid to the Internal Revenue Service (IRS). 1. Excise taxes are considered an indirect form of taxation because the government does not directly apply the tax. An intermediary‚ either the producer or merchant‚ is charged and then must pay the tax to the government. These taxes can be categorized
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Blood‚ and Vampire Diaries are at the top of the list when it comes to most popular vampire flicks but a new show on MTV is trying to make a push to the top. Courtney Baker‚ a writer for the Collegiate Times‚ writes about this new MTV show‚ “Death Valley”‚ and gives us an in depth review on the first episode as well how she expects the first season to play out.
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TAX HAVEN Index Definition and characteristics of Tax Haven Page 2 Tax Haven Criteria Page 5 Particularities of some tax havens Page 7 Evolution of the Spanish Tax Law Page 11 1. Definition and characteristics of Tax Haven Probably most people have heart about tax havens‚ but maybe there are confusions about the exact meaning of this concept. So on‚ we consider important to define a tax haven in order to have a clear idea. What identifies an area as a tax haven is the existence
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relevance of Adam’s Smith canons and justify what other attributes I believe a good tax system should have. Formally‚ tax is defined as an involuntary fee enforced by the government in order to finance its activities. However‚ some perceive tax as the price we pay to live in a civilised society and it is a fundamental part of any developed economy. (Oliver Wendell Holmes) From my point of view‚ the purpose of tax is to fund the government‚ incentivise certain behaviour in order to achieve economic
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The geology of carboniferous of the Midland Valley of Scotland Research Aims This essay will cover the basic geology of the Midland Valley‚ the changes in structure and volcano activities during the carboniferous period. General introduction of the Midland Valley The carboniferous is a period between 290 and 360 million years ago(Ref 1‚p.8‚Scotland Through Time). The Midland Valley was covered with lots of rainforest and numerous of coral reefs flourished in the tropical seas. Volcanos eruptions
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Indus Valley Civilization The Indus Valley Civilization (IVC) was a Bronze Age civilization (3300–1300 BCE; mature period 2600–1900 BCE) in the northwestern region‚ of the Indian subcontinent‚ consisting mainly of what is now Pakistan‚ and parts of India‚ Afghanistan and Iran. Flourishing around the Indus River basin‚ the civilization extended east into the Ghaggar-Hakra River valley and the upper reaches of Ganges-Yamuna Doab; it extended west to the Makran coast of Balochistan‚ north to northeastern
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Smokers and the tax The fallacy in the proposed higher tax on cigarettes is the belief that the number of smokers will be reduced if the price of the smoke goes up beyond their reach. This may well be true if there were no cheaper and better-tasting substitutes which are taxed. However‚ there are a lot of reasons for smokers should pay a health tax. First‚ smoking is unhealthy. Therefore‚ people should care about themselves and think about other people around them. Smoking cause a lot of diseases
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Tobacco tax: good for health‚ good for government finances Tobacco use kills over 5 million people each year and is the largest single preventable cause of premature death.1 Tobacco is very costly to society through high costs to treat tobacco-induced disease or through loss of productivity as a result of the premature deaths. But governments have a tool to combat the costs of tobacco use — tobacco taxation. Higher tobacco prices decrease consumption and encourage people to quit Increasing
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“Fat Tax” Not a Panacea “Obesity now contributes to the death of more than 360‚000 Americans a year. The incidence of childhood obesity is now at epidemic level. Alarm bells are going off all over the place. But our government has done virtually nothing.”- Tom Harkin. Obesity is a medical condition in which excess body fat has accumulated to the extent that it may have an adverse effect on health‚ leading to reduce life expectancy and/or increased health problems (Wikipedia). To cut that number
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centercenter INDUS VALLEY CIVILAIZATION Submitted by: Fabiha Fatima Submitted to: SamiaUsmanSubmitted on: 16th October 2014 Submitted as: Regular Research Account Contents Introduction…………………………………………………….……………………..…...5 Location………………………………………………………….…………...……………5 Religion………………………………………………………….…………..…………….6 Languages………………………………………………………..………………..………7 Occupation……………………………………………………………………...………….8 Trade………………………………………………………………………...…………..…9 Architecture…………………………………………..…………………
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