A carbon tax is a tax imposed on the carbon content of fuels. It is a form of carbon pricing. Carbon taxes are a possible cost-effective means of reducing greenhouse gas emissions. From an economic outlook‚ carbon taxes are a type of Pigovian tax.They help to address the problem of emitters of greenhouse gases not face the full social costs of their actions. Carbon taxes can be a degenerating tax‚ in that it may directly or indirectly affect low-income groups disproportionately. The regressive impact
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Tax is of two types Direct Tax and Indirect Tax. Direct Tax is the tax‚ which is paid directly by people to the government‚ while indirect tax is the tax‚ which is paid indirectly by people to the government. Income Tax is paid directly to the government therefore it is a direct tax while excise duty is paid by people to the manufacturer who pays it to the government‚ therefore it is an indirect tax. The Constitution of India (COI) has given power to levy tax to central and state government
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3 DEALERS UNDER MVAT‚ 2002 6 4 INCIDENCE AND LEVY OF TAX 10 5 REGISTRATION 12 6 RATE FOR TAX APPLICABLE TO DEALERS 16 7 FILING OF RETURNS AND PAYMENT OF TAXES 17 8 RETURN FORMS AND PAYMENT OF TAX 19 9 REVISED RETURNS 20 10 TAX INVOICE 26 11 BIBLIOGRAPHY 28 INTRODUCTION ON MVAT This Act may be called the Maharashtra Value Added Tax Act‚ 2002. Maharashtra Value Added Tax (Levy and Amendment) Act‚ 2005. The system of Value Added Tax (VAT) has been implemented‚ in the State of Maharashtra
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1120‚ U.S. Corporation Income Tax Return‚ prepared for Fleming Products Inc from the information provided. The original should be signed and dated by a corporate officer and mailed on or before March 15‚ 2012‚ to the following address: Department of the Treasury Internal Revenue Service Cincinnati‚ OH 45999-0012 The corporation’s federal return reflects a balance due of $1‚430‚000. Federal estimated tax payment amounts have been prepared for the 2012 tax year. Please submit each payment
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“The Progressive movement‚ 1901 to 1917‚ was ultimately the triumph of conservatism rather than a victory for liberalism.” To understand this quote more we have to dissect into exactly what is the Progressive movement? As well as what is conservatism to liberalism? During The Gilded Age we see the rise of what is now known as the progressive movement. The Knights of Labor for example helped unite workers and was a starting point of progressivism. People came to understand that our founding fathers
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Income Tax Return Assignment You have your own CPA tax practice and you are greeted with new clients: Albert and Jenny Cunningham and their two children. You meet with them and they give you the information shown below. They would like you to prepare their tax return for 2013. They would like to file married filing jointly. NOTE: Reference to the “current tax year” below for the taxpayers‚ Albert and Jenny‚ it is for the calendar year 2013. Albert and Jenny Cunningham (both 42 years
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penalties and charges from the IRS regarding the bonds you cashed in last April during tax time. I write you this letter to inform you that I am unable to pay these fines‚ as explained in this letter. Last April‚ you called and kindly asked if rolling funds over from one retirement fund to another is considered a tax event. When doing this type of transaction‚ if done within 60 days‚ is not considered a tax event. When these funds are drawn to supplement retirement income‚ taxes are paid on the
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PROGRESSIVE ERA THROUGH THE GREAT DEPRESSION Name: Course: Tutor: Date: First Paper Themes of the progressive era Introduction This was an age of social involvement and political progression in the United States between the period of 1890 and 1920s. The main reason for undergoing this process was to purify the government by making efforts to eliminate corruption by revealing the political masters and machines. A large number of citizens supported the movement to ensure the elimination
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The early twentieth century was an era of business expansion‚ mainly in the industrial industry‚ and progressive reform in the U.S... Progressive reform touched all aspects of society. It fostered a movement that sought resolution for the problems of city‚ state‚ and nation. The main objective of the Progressive movement was eliminating corruption in government which primarily targeted political machines and their bosses. With concerns so large‚ progressivism often had a sense of crisis and
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Tax In general‚ tax can be defined as a levy or other type of a financial charge or fee imposed by state or central governments on legal entities or individuals. | Local authorities like local governments‚ provincial governments‚ counties and municipal corporations also have the right to impose taxes. The rates‚ rules‚ and regulations of taxation differ from one country to another and they are complex in character. Tax is a principal source of revenue for a country’s government. A country’s
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