"Reducing tax evasion and tax avoidance" Essays and Research Papers

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    Tax Avoidance

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    How the SWOT analysis can be used to make investment recommendations ——based on the case of “China Life Insurance Company Limited” Contents 1. Introduction 3 2. Company Overview 5 2.1 History and firm size 5 2.2 Product and service network 5 2.3 Financial overview 6 2.4 Strategic Objectives 6 3. SWOT analysis 7 3.1 Strengths 8 3.1.1 Financial achievement 8 3.1.2 Corporation operation 10 3.2 Weaknesses 11 3.2.1 Geographic concentration 12 3.2.2 Declining performance

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    magnitude of potential taxes arising from indirect transfers of immovable assets and the increasingly supportive global economic conditions of this practice‚ the Directorate General of Taxation needs to formulate a comprehensive policy to optimize tax revenue from this scheme and create equal treatment of asset transfers

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    Effects of Tax Evasion

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    International Tax and Public Finance‚ 7‚ 177–194‚ 2000. c 2000 Kluwer Academic Publishers. Printed in The Netherlands. Decomposing Revenue Effects of Tax Evasion and Tax Structure Changes ARINDAM DAS-GUPTA* oldmonk87@yahoo.com Gokhale Institute of Politics and Economics‚ B MCC Road‚ Pune 411004‚ Maharashtra‚ India IRA N. GANG gang@economics.rutgers.edu Department of Economics‚ Rutgers University‚ New Brunswick‚ NJ 08901-1248 USA Abstract This paper proposes a method for evaluating the impact

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    White Paper on Black Money

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    amount of black money in circulation which is unaccounted or concealed and therefore outside the disclosed trading channels. It is largely the product of black market transactions and evasion of tax. Indeed‚ as pointed out by the Direct Taxes Enquiry Committee headed by Mr. Wanchoo‚ retired Chief Justice of India "tax evasion and black money are closely and inextricably interlinked." The abundance of black money has in fact given rise to a parallel economy operating simultaneously and competing with the

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    alcohol tax rates on beverages consumption and alcohol-related complications have been widely studied over the past fifty years. Nowadays‚ the challenge for both economists and politicians is to estimate and form a tax level that maximizes social prosperity and most efficiently increases incomes. Alcohol taxation is an essential component of a complete alcohol control strategy. Even if any increase in alcohol tax rates will not cause a significant reduction in total selling‚ the growth in tax income

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    Black Money

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    and need to tackle the black money menace‚ and other related aspects   What does the term Black Money mean? Black money means‚the money or income not declared for tax to the govt or relevant authorities‚ and hence the tax for which is not paid to the government. Thus‚ in simple words -black money is income on which tax is not paid and deliberately evaded.How black money is generated? Let us take the following two cases for example. 1. A person purchases a property or residential house.

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    issues: tax avoidance I‚ Introduction • 200 words: • Question: Since Google as well as other multinationals using loopholes to avoid tax duty like a part of game‚ are they unethical or not? This is not just happen in UK‚ it is like a trend of firms around the world II‚ Main body (1000-1500) • Solving problem: • Globalization:  Definition  The firms earn benefit from the government like: recruit employee from education system. But they try to move their benefit to lower tax countries

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    The evolution of smuggling from the small scale illicit trade of the seventeenth century to the multi-million pound business of the eighteenth century was compounded by several factors. The first of which was the sheer number of people involved in smuggling‚ whole communities including those in the elite classes were said to be actively or passively engaging in and profiting from smuggling in one way or another. The state’s initial dismissal of smuggling as being restricted to a minority of people

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    comprehend the tax implications and tax efficiency of the remuneration packages. Besides‚ I would like to recommend the most tax efficient remuneration package based on the proposed benefits by your employer and the legal ways to save tax in Malaysia. First and foremost‚ it is a good option to ask for a company car because the car given by your employer‚ Golden Berhad is regarded as benefit-in-kind (BIK). A company car is more beneficial for you (taxpayer) because the predetermined tax scale for cars

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    About tax avoidance UK courts: the courts adopted a more literal approach to the construction of legislation in the context of tax-sensitive transactions. Consequently‚ the courts often refused attempts by HMRC to reclassify arrangements and remove the advantageous tax effects of transactions structured to comply with a literal interpretation of the relevant tax legislation‚ (see for example IRC v Duke of Westminster [1936]). However‚ Ramsay heralded the beginning of a new approach to how the courts

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