Legal Illusion The arguments regarding federal progressive income tax has been represented to us through the United States Supreme Court, on the floors of congress, and in media. The revenue from taxes reached the objective of financing wars from the Civil War through World War II. At the same time deteriorating the economy with fewer dollars that could be used on imports, exports, and services (Henchman). Today, the United States deficit is $18,800,241,350,538.12 this is a grand total of 58,405
main types: * natural persons * legal persons (or artificial person) * Third category: “handicapped legal person”- ułomna osoba prawna Legal personality Notion connected with: * Legal capacity - ability to become the subject of rights and obligations * Capacity for legal acts - ability of obtaining rights and acquiring obligations by the person’s own actions Legal personality – legal person * Legal persons always have: * legal capacity * full capacity
SOCIO-ECONOMIC PROBLEM OF TAX AVOIDANCE AND EVASION IN NIGERIA: AN OVERVIEW Dominic Asada LL.B. (Hons.) B.L, LL.M. Tax Avoidance and Evasion are some of the most perplexing problems facing the nation today. It is widely believed that there is a considerable difference between estimated revenue from taxation every year and what is actually collected. This disturbing aversion to taxation has some historical antecedents. Traditionally, there has always been a hostile response to the payment of tax by the people
TAX STRUCTURE IN INDIA Introduction: India has a well-developed tax structure with clearly demarcated authority between Central and State Governments and local bodies. Central Government levies taxes on income (except tax on agricultural income, which the State Governments can levy), customs duties, central excise and service tax. The Tax Structure in India is quite strong and follows the financial year. The taxation under the tax structure in India is applicable for any kind of income pertaining
Indian Tax Structure is quite elaborate, with clear distinction in authority between Central, State and local governments. The taxes levied by the Central government are on income (other than tax on agriculture income which would be levied by the state government), customs duties, central excise and service tax. The State government levies Value Added Tax (VAT), sales tax in states where VAT is not applied, stamp duty, state excise, land revenue and tax on professions. Local bodies levy tax on property
ABSTRACT This paper examines the Tax Implications of E-Commerce. The issue of e-commerce and its tax implications continues to receive a high level of attention because of the fast growth of e-commerce activities. In the emerging global economy, e-commerce has increasingly become a necessary component of business strategy and a strong catalyst for economic development. The integration of information and communications technology (ICT) in business has revolutionized relationships within organizations
should an empire assert their claim to territory and how should they govern it? This question is important because there are a number of methods an empire could employ presiding over a colony. For example the French empire employed a system call direct rule. The French rulers wanted to assimilate or incorporate the peoples of West Africa . The British however preferred a system called indirect rule and it was applied to many of their West African colonies including Nigeria and Ghana. It has proven
political and in no way altruistic. Lincoln did oppose slavery, but his opposition did not stem from any moral motive. He wished to preserve white labor, and to avoid artificial inflation of Southern representation in Congress under the three-fifths clause of the Constitution, under which every five slaves counted as three free persons for the purpose of allotting number of congressional seats. DiLorenzo explains that from the time of his entry into politics, Lincoln was devoted to the principles
in each situation vary, the legal authorities discussed may not be applicable to specific circumstances. Readers of this publication are urged to consult their own attorneys concerning specific legal questions. No one should rely on the materials discussed without first determining whether the pertinent provisions have been amended, repealed or overruled. This article is intended for general informational purposes only and subject to updates from time to time. Any person should not rely upon the contents
was the need for the government to levy taxes on the income of the legible citizenry. The Ghana Revenue Authority (Domestic Tax Revenue Division) is charged with that utmost responsibility of levying and collecting taxes on the incomes of individuals such as the Employed and Self-employed, (Income Tax), corporate bodies (Corporation Tax), Capital Gains (Capital Gains Tax) and others. Income taxes are different from other sources of revenue in that they are compulsory levies and are unrequited; they