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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The first thing to note when it comes to self-employed tax‚ SE tax‚ is that it only refers to Medicare taxes and Social Security benefits. Self-employed persons may be required to file other federal taxes based on the area they work in. Below you will find information into what is self-employed tax‚ who is required to pay it and how to go about paying this tax. The information below may not include everything you need to know; therefore‚ it should not be taken as all-inclusive because your specific
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concernd with sales and customer satisfaction only. Though it is true to certain extent‚ yet marketing is not simply concerned with sales and profit maximization. In fact depending upon the type or stage of demand the marketing task would differ. The study is based on sales and distribution techniques with a special ref. of L.G. electronic product. To know the influences of the techniques of sales and distribution it is important to prepare a study which provides the result of the better sales and distribution
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com/2007/07/04/my-take-on-spin-selling-part-1/ Sales Behavior and Sales Success Successful Salespeople are… • • • Not better closers Not better at handling objections Not better at using open ended questions Many beleive the 3 key components to a sales pitch are: 1. Uncover needs with open and closed questions. 2. Overcome objections. 3. Close for the business. Huthwaite (Rackham’s research company) found through 10 yrs of research that the methods listed above are: • Good for low-value sales According to
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Definition of Tax Evasion: Tax evasion usually entails taxpayers deliberately misrepresenting or concealing the true state of their affairs to the tax authorities to reduce their tax liability and includes in particular dishonest tax reporting‚ such as declaring less income‚ profits or gains than actually earned or overstating deductions‚. It is an illegal practice where a person‚ organization or corporation intentionally avoids paying his/her/its true tax liability. Examples of practices which
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Compare and contrast the methods used in the rise to and maintenance of power by Hitler and Mussolini Mussolini and Hitler both came to power during the interwar years. Both were fascist Dictators who did not only share similar aspects of ideology but also in the way they accumulated power. This essay will examine the conditions in which both dictators were allowed to emerge and grow and will also consider the differences in particular methods and manipulations used by the two leaders and their
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Anjan Vishakantaiah Mahesh Applying for M.Sc. In Electrical Engineering-Graduate studies STATEMENT OF PURPOSE I‚ Anjan Vishakantaiah Mahesh‚ am applying to University of Saskatchewan for the admission to Master’s Program in Electrical Engineering with specialization in the field of Communications. Here is my brief statement of purpose. Why Higher Education? Right from my High school days I had a strong inclination to be an Electronics & Communication Engineer . My Interest
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1 (A) The question is how should a $300‚000 fee collected by John Smith after two years of work on a personal injury case with a $2‚000‚000 jury verdict in his clients favor‚ be reported for tax purposes. Under Internal Revenue Code (IRC) 61‚ section (a) subsection (1) gross income is defined as “Compensation for services‚ including fees‚ commissions‚ fringe benefits‚ and similar items.” This section of the tax code is very comprehensive (with 15 descriptive subsections) to almost all forms
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Running Head: HOME AUTOMATION AND TECHNOLOGY Total Home Automation and Technology‚ Inc. John Spicuzza MNA 4425 Applied Trimester Project Phase 3 Due Date: April 26‚ 2005 Submitted Date: April 26‚ 2005 Abstract Total home automation is evaluated for the merits of establishing a like business in Lee County‚ Florida. Existing businesses and their abilities were compared to this business plan. The impact of growth in Lee County on this type of business is discussed as well as the wants
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TRIZ is a problem solving method which was discovered in the 1940’s by Genrich Altshuller together with his workmates. It is a tool that emphasizes utilization of the wisdom of those who have dealt with similar problems only with different contexts but similar principles (Illerbane & Phaal‚ 2011). With a structured approach to problem solving‚ TRIZ focuses on problem definition and resolution followed by solution evaluation (Tiuc & Draghici‚ 2016). One of the most important aspect of TRIZ is the
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