Tax Essays

The current issue of junk food consumption and the overall obesity battle in America continues to plague our nation. The suggestion to counteract this problem is the implementation of a “junk tax”. ProQuest states that, “’junk food tax’ refers to a tax placed upon fattening foods or beverages” (Par. 1). …

Acts: On March 10 and 12, 1925, Esperanza Tuazon donated several parcels of land located in Manila to plaintiffs Concepcion Vidal de Roces and her husband, as well as one Elvira Richards. This was recorded in the Registry of Deeds. After subsequently taking possession of the said lands and its …

I.INTRODUCTION To raise revenue for tight government budgets, legislators sometimes attempt to raise revenue by imposing unusually high excise taxes on cigarettes, liquor, gambling, and so on. This type of charge, often called a “sin tax,” appeals to voters who view it as a way of discouraging consumption of certain …

Mr. Sami is employee of a private company with following emoluments’. * Basic salary 60,000 PM * Medical allowance 8,000 PM * House rent allowance 12,000PM * Dearness allowance6,000 PM * Company has given a car for his personal use having cost Rs. 700,000. * He is the owner of …

The above rates also apply to individuals who derive income from business (including capital gains from the sale transfer or exchange of shares in a foreign corporation) or from the practice of a profession. Individuals occupying managerial and highly technical positions employed by RHQs, ROHQs, multinational companies, offshore business units …

Introduction: Under review are practical and legal aspects of the Corporate Income Tax. Subject to review focuses on the analysis of these legal aspects. These frames this subject objectively coursework argue that the main aspects of corporate tax in Bulgaria are defined in our Corporate Income Tax (CIT) Law on …

Withholding Tax is a form of levy placed on payments made to non-resident tax entities including employees, business partners and overseas agents. In accordance with IRAS tax rules, a person has a legal obligation to withhold a percentage of the payment, when he makes payments of a specified nature under …

Penang Realty Sdn. Bhd. v. Ketua Pengarah Hasil Dalam Negeri The fact in this case, Penang Realty Sdn. Bhd. had bought two pieces of land in 1956 namely, Heintz Estate in Penang and Heintz Estate in Perak. The company was incorporated on 5 July 1965 and was carrying out the …

I am so glad of the very purpose of passing the sin tax bill which is to protect the health and save the lives of the countrymen. This simply means that the government officials are concern about the good health of all Filipinos but this doesn’t mean that I am …

Fish Scales Wastes from Selected Teleosts-Innovative Sorption Materials for the Recovery of Astaxanthin. This study shows the potential use of fish scalesof telleosts chanos and Tilapia nilotica as natural sorption materials in the recovery of astaxanthin. Astaxanthin, a feed additive, is a major carotenoid responsible for the pink-red pigmentation of …