III. Taxation Introduction Taxation * Defined as the power of the sovereign to impose burden or charges upon persons‚ property or property rights for the use and support of government In order to enable it to discharge its function. Nature of Taxation Power * The power of taxation is both inherent and legislative in character because it has been reserved by the State for it to exercise * It is inherent because the sustenance of government requires contribution from them. *
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AEB2451 EXAM 1 Lecture Notes 08/25/11 I. What is Economics A. A social science; a study of decision making by agents B. Goal? Understand what motivates particular decisions C. Purpose? Allows to anticipate future behavior for planning and policy a. Use agent’s incentives to achieve social goals‚ which may mean implementing policies II. What is “Natural Resource Economics”? A. The study of agent decisions concerning natural resources B. What are natural resources? a. “Goods and services”
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Lecture 5 Highlights – Europe and the World The Expanding West The Travels of Marco Polo – desire to explore the world (mostly the East). Europeans used God‚ glory‚ and gold as motivation for exploration. Western Europe leads exploration due to technological advances. Economic expansion‚ technological improvements‚ shipbuilding (Caravel)‚ and navigational improvements (magnetic compass / astrolabe). Caravels – Dutch invention‚ cheap to build‚ stored a lot. Astrolabe – compass for the sea
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What is taxation? Taxation is a requirement in all countries. It is a method to provide the society with the necessities needed. Hence it combines all efforts from the full society for public goods. Franklim D. Roosevelt once said “Taxes‚ after all‚ are dues that we pay for the privileges of membership in an organized society”. Which makes people wonder of the importance of taxation in a sociey‚ roles of taxation‚ fairness of taxation‚ and a new method of tax green tax. Importance of Taxation in a
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LIST 12 INTRODUCTION The issue in the first case is sit out about the Tax Residency of overseas employee working in Australia and Assessing the Taxable income and Tax liability in regards to Income Tax laws in Australia. It provides insides about Australian Taxation System and Common law cases effects on determination of Taxable income and deductions to different types of income. The second case is based on taxability of Income and deductions arise from the transactions related to property
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INTRO TO STRATEGIC MANGEMENT (LECTURE 1) YOUR THOUGHTS PLEASE • WHAT IS ‘STRATEGY’ AND WHAT DOES IT MEAN TO YOUR ORGANIZATION ? • SOME COMMON RESPONSES Strategy? Means several things to several people at different points of time. (‘Strategy is a series of goals and objectives that is used to run business’ (Strategy is an attempt to combine organizations activity and available resources to achieve stated objectives. (Strategy is the roadmap we use to get to where we want to go’ (Strategy
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Chapter 1 The Marketing Mix: The 4 Ps of Marketing: 1. Product – creates value a. Talk to customers/clients and make sure it is what they want and not what you think they want 2. Price – captures value a. Base it off competition‚ perceived value (compared to your value) 3. Place – delivers that value to customers a. Where are you selling it? b. Store‚ Internet‚ etc. 4. Promotion – communicates that value to the customers a. Advertising b. Word of mouth Chapter 2 Sustainable
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Disruptive Technology(Joseph L. Bower‚ Clayton M. Christensen) Issue lies at the heart of the paradox: They close too close to their customers. Companies listen to their customers‚ give product performances they were looking for‚ but in the end‚ were hurt by the technologies their customers led them to ignore. 2 Characteristics of the technological changes that damage established companies: 1) They typically present a different package of performance attributes (at the onset‚ not valued by
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What is the single market? Establishment of Free market Pros - single monetary value Cons - Race to the bottom shittier stuff How did the EU use regulatory policy - Only UCB can set interest rate Types of economic policies Deregulator policy - beer is beer Expenditure Policy - How states spend money and EU spends its own money Macroeconomic Policy - Monetary policies go ounder Macro Normative approach - take from rich to give to the poor‚ don’t want more environmental policy Expenditure
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Learning theory – psychological theories that explain development in terms of accumulated learning experiences |Classical conditioning |Learning happens when neutral |Passive |Nurture | | |stimuli become strongly | | | |[pic] |associated with natural stimuli | |
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