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
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
DiLorenzo shows that Lincoln’s entire agenda was focused on advancing these three goals. Many southern states believed with the coming of Lincoln into the White House he would push for his agenda of increased federal government spending and control. "So when Lincoln suspended the writ of Habeas corpus in order to arrest those accused of treason, the "Peace Democrats" had more ammunition against the president. There was much controversy as to whether the president had the power to suspend habaes corpus
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
The Act established the Authority with divisions: Domestic Tax Revenue Division, Custom Division, Support Service Division and Any other division determine by Parliament. 1.2 STATEMENT OF THE PROBLEM It is an undeniable fact that, the Ghana Revenue Authority (Domestic Tax Revenue Division) does not carry out its mandate of tax collection in a vacuum. The operation and effectiveness of tax collection is affected by the attitude of the public at large. For the purposes
The fourth chapter will show the conceptual framework about the topic, its relevant areas and general concepts. The fifth chapter will show the legal provisions and judicial decisions, application of the doctrine in Nepalese context. The sixth and final chapter provides conclusion of this paper. CHAPTER TWO Literature Review For the purpose of this study, detailed review of literature had