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    Indirect Taxes

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    vertically upwards depending on the amount of tax. Because of this shift‚ less products will be supplied at every price. The diagram below shows the effect of imposing a tax and how the tax is being paid. There’re two types of indirect taxes‚ they are ‘Specific Taxes’ and ‘Ad Valorem’. Specific Tax is a fixed amount of tax that is imposed on a product. For example‚ if the government imposes a tax of $2 per loaf of bread‚ it will shift the supply curve vertically upwards by the amount of tax‚ which

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    Sin Tax

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    Higher sin taxes take effect today By Jess Diaz (The Philippine Star) | Updated January 1‚ 2013 - 12:00am MANILA‚ Philippines - The New Year ushers in higher taxes on cigarettes‚ beer‚ liquor‚ wine‚ and other tobacco and alcohol products. When he signed Republic Act No. 10351 on Dec. 20‚ President Aquino said‚ “Today‚ we are again making history: for the past 15 years‚ we have been trying to reform the tax structure of imposing excise tax on tobacco and alcohol products. After 15 long years‚ we

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    Taxes in India

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    Taxes in India 1. Corporate tax rates: For a Company | Where taxable income exceeds INR 10 million | Other cases | Domestic company | 32.45% (30% + 5% surcharge + 3% education cess) | 30.90% (30% + 3% education cess) | Foreign company | 42.02% (40% + 2% surcharge + 3% education cess) | 41.20% (40% + 3% education cess) | 2. Dividend Distribution Tax Dividend income is exempt in the hands of the shareholders. However‚ a DDT is levied on companies declaring dividends. The effective

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    Sin Tax

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    Sin Tax: Form Your Own Opinion Use complete sentences and save this form to KSpall’s folder on www.saveschoolwork.com. Lastname.Sintax.doc or write our your answers and turn in at end of period. Reference Websites: Use these websites and others you find on your own. http://micurl.com/dvEii (Sin Taxes in Chicago) http://micurl.com/jejjk (History of Sin Taxes) http://micurl.com/bnlzt (President Obama’s recent comments on taxing soda) http://nofoodtaxes.com (Americans Against Food Taxes)

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    sin tax

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    Topic Outline Effects of Sin Tax Law to Selected Bar Establishments in Dumaguete City Thesis: Although the sin tax law helps the country’s economy by raising the governments collected revenue which accounts for public use‚ it also results bar owners to eventually lay off workers to the extent of closing their business due to higher tax collection and sudden reduction of consumers. Introduction I. Sin Tax A. Definition B. History II. Effects of sin tax in the Economy A. Decrease consumers

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    Sin Tax

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    SIN TAX MANILA‚ Philippines – President Benigno Aquino III signed the Sin Tax reform bill into law Thursday‚ saying it was an early Christmas gift for Filipinos. “Today we sign‚ finally‚ a law that will serve as an early Christmas gift for millions of Filipinos‚” Aquino said in Filipino. “We aim to make health benefits available for all‚ regardless of wealth‚ the life of Filipinos is sacred‚” he said. The Sin Tax Bill aims to raise additional revenues by increasing taxes in so called “sin products”

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    death and taxes

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    Public Schools and Sex Education It has become apparent that there is a dire exigency for sex education among young teenagers and adolescents in public schools. Based on statistics from Centers for Disease Control and Prevention‚ birth rate for fifteen to nineteen year olds was at thirty one point three per one thousand population.(1) From two thousand six to two thousand nine‚ undiagnosed HIV‚ one in five cases didn’t know they were infected‚ were thought to be highest among young people ages

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    Essay On Taxes In America

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    reduce the tax burden on the middle class by sacrificing education and health-care programs for everyone. Some people would like that idea‚ while others would not. To begin with‚ if there’s something that is being built and it costs a lot of money‚ the government relies on the people to pay taxes‚ to

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    Taxes Quiz

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    d 1. Financial reports are used by a.|management| b.|creditors| c.|investors| d.|all are correct| C 2. Which of the following is not a characteristic of a corporation? a.|Corporations are organized as a separate legal taxable entity.| b.|Ownership is divided into shares of stock.| c.|Corporations experience an ease in obtaining large amounts of resources by issuing stock.| d.|A corporation’s resources are limited to their individual stockholders’ resources.| D 3. Which of the following are guidelines

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    principles of medical care for children in Ukraine. 1. Available and free medical care for children. 2. Unified principles of children’s services in urban and rural areas. 3. The development of specialization to provide medical care for children. 4. The main method of preventive services for children is medical examination. 5. Stages and continuity of medical care. 6. The introduction of new methods of diagnostics and treatment. The main types of health care facilities

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