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Distinguish between a "tax" and a "charge" as imposed by the government
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Briefly explain three factors that influence the extent of forward shifting of indirect taxes.
Date posted: February 13, 2019 . Answers (1)
A number of revenue authorities in the region have embarked on various tax modernisationprogrammes.Discuss three goals of such modernization programmes
One of the challenges faced by a number of countries today is how to finance their budget deficits, The problem is compounded by the fact that some of the alternatives available for financing the budget deficit might negatively impact on the country.Required:Citing one disadvantage in each case, briefly explain three measures that a government could undertake to finance a budget deficit.
Identify four ways in which an individual or firm could engage in ―tax avoidance
Argue six cases against indirect taxes imposed in your country
One of the facilitators in a tax seminar commented that "tax incentives tend to aid growth of capital markets.Justify the facilitator's comment by identifying four incentives intended to aid the growth of capital markets in your country.
Outline four sources of revenue for a county or local authority
Discuss four factors that influence tax shifting in an economy
Outline five causes of tax evasion in developing countries
Explain the term "set-off tax" as used in taxation
Distinguish between a "single tax system" and a "multiple tax system".
Distinguish between "digressive taxes" and "regressive taxes".
Explain the term ‗taxable limit‘ as used in taxation
Suggest four ways on how tax policy can be used to promote the growth of small and medium enterprises (SMEs) in your country