Towards equity in tax administration essays in honour of S. Ambalavaner

Cover of: Towards equity in tax administration |

Published by Sarvodaya Vishva Lekha Publishers in Ratmalana .

Written in English

Read online


  • Developing countries.


  • Tax administration and procedure -- Developing countries.,
  • Taxation -- Law and legislation -- Developing countries.,
  • Fiscal policy -- Developing countries.

About the Edition

On contemporary issues relating to tax administration, fiscal policy, tax legislation in developing countries.

Edition Notes

Includes bibliographical references.

Book details

Statementcompiled by International Fiscal Association, Sri Lanka Branch.
ContributionsSivanandan, Ambalavaner., International Fiscal Association. Sri Lanka Branch.
LC ClassificationsHJ2351.7 .T68 2001
The Physical Object
Pagination275 p. ;
Number of Pages275
ID Numbers
Open LibraryOL3586766M
LC Control Number2002286123

Download Towards equity in tax administration

Taxation - Taxation - Principles of taxation: The 18th-century economist and philosopher Adam Smith attempted to systematize the rules that should govern a rational system of taxation. In The Wealth of Nations (Book V, chapter 2) he set down four general canons: Although they need to be reinterpreted from time to time, these principles retain remarkable relevance.

The theme for this year’s meeting will be “Advances of the tax administrations towards greater taxpayer equity by improving effectiveness and efficiency.” While taxation has been around for a good number of centuries, the canons of taxation were first presented by Adam Smith in his famous book.

This compendium makes an important contribution to the discussion of the many strategies architects are using to help deal with the global housing crisis.

Edited by housing specialist Karen Kubey, who trained as an architect and teaches at Pratt Institute in Brooklyn, it brings together 16 essays on housing in the U.S., UK, and Europe with excursions to Africa and China.

Other measures taken on matters such as pension relief, value added tax (VAT), bank payroll tax, climate change levy and capital gains tax were all in line the principle of equity as suggested by Towards equity in tax administration book Smith. In Conclusion, the concept of equity or Towards equity in tax administration book forms an integral part of a workable taxation scheme.

The Relationship Between Net Income & Owner's Equity. Net income is the portion of a company's revenues that remains after it pays all expenses.

Owner's equity is the difference between the. Public Administration: Theory and Practice Page 7 Public Administration is the machinery used by the service state to place itself in a position to make plans and programmes that can carried out, and to carry out the plans and programmes it has made.

Administration is of importance for another reason too. It is. A fully taxable rollover transaction generally involves the taxable purchase of % of a target company’s assets or stock, followed by the rollover participants’ reinvestment in the buyer’s equity on an after-tax basis.

A taxable rollover transaction might also involve a stock or asset purchase where the transaction fails to qualify as.

As we can see from table above, When attitude of taxpayers towards government and legal system increase by one point, percentage points tax payers tax morale less likely to be in.

In our new report, Towards Equity: School Funding Reform in Massachusetts, the Massachusetts Budget and Policy Center (MassBudget) examines recent proposals from the Legislature and Governor Baker to update the state's education funding the current Chapter 70 funding formula helps some students reach their full potential, more statewide aid is required to make the.

Improving equity in tax enforcement and administration 24 Improving awareness, transparency and services 26 Increasing transparency 27 Improve taxpayer services 30 Emphasise the visibility of taxes 32 Track tax expenditures more effectively 33 Use tax earmarking to strengthen tax-expenditure linkages 34 Cited by: As used in this book, “tax-free” refers to federal income tax.

HSAs are never taxed at a federal income tax level when used appropriately for qualified medical expenses. Also, most states recognize HSA funds as tax-free with very few exceptions. Please consult a tax advisor regarding your state’s specific Size: 1MB.

towards tax, commonly believed to equality an d fairness in the tax system, tax administration and compliance with the commission of the tax law (Norsiah, ). Positive attitude towards. The tax system in Nigeria is made up of the tax policy, the tax laws and the tax administration.

All of these are expected to work together in order to achieve the economic goal of the nation. According to the Presidential Committee on National tax policy (), the central objective of the Nigerian tax system is.

Across the world, the housing crisis is escalating. Mass migration to cities has led to rapid urbanisation on an unprecedented scale, while the withdrawal of public funding from social housing provision in Western countries, and widening income inequality, have further compounded the situation.

In prosperous US and European cities, middle- and low-income residents are being pushed out of Author: Karen Kubey. benefits for private equity funds outsourcing to centaur As Private Equity funds are coming under increasing regulatory and market pressure to deliver greater transparency, better reporting and tighter accounting processes, it makes sense to move towards an outsourced administration model.

holding period, capital gain or loss, tax loss selling and the smoothing of consumption over life cycle are the determinants of trading in equity investment. Objective 1. To find the investors perception towards the equity and tax saving mutual funds 2.

To analyse the performance of the IPO’s in the market during the financial year 3. Sweat equity is a non-monetary contribution that the individuals or founders of a company make towards the company.

Cash-strapped startups and business owners typically use sweat equity to fund their companies. For example, the founder of a tech startup company may value the efforts placed towards developing the company at $,   The most important financial decision you make may have nothing to do with money.

Over time, choosing the right wealth management firm can significantly impact the growth and preservation of your. Federal Income taxes are not an expense but cost of doing business. Depends on your tax type of business as to were the entry will go too.

If, Sch C will end up as Owners Drawings, Corp's etc. into Equity. Review this with your CPA for proper entries into QB. View solution in original post. ‎ PM. Subscribe to RSS Feed. The case for promoting equity in developing countries 19 Equity as having intrinsic value 19 Equity as co-constitutive of progress 21 Equity as causally central to long -term change 22 5.

How to promote equity 25 Priorities for an equity agenda 25 Barriers and challenges to promoting equity The empirical analysis shows that in the multi-criteria perspective, taxation improves the horizontal equity of pre-tax income distribution whereas, if the sole income is assumed as criterion of.

The only way an owner's equity/ownership can grow is by investing more money in the business, or by increasing profits through increased sales and decreased expenses. If a business owner takes money out of their owner's equity, the withdrawal is considered a capital gain, and the owner must pay capital gains tax on the amount taken out.

tax certainty and its support for practical actions by governments, tax administrations and businesses to provide a more predictable and certain tax environment to support cross-border trade and investment and secure a more stable and predictable revenue stream for gov Size: 1MB.

Where a country grants tax incentives to encourage foreign investment and that company is a resident of another country with which a tax treaty has been concluded, the other country may give a credit against its own tax for the tax which the company would have paid if the tax had not been "spared (i.e.

given up)" under the provisions of the tax. The WACC multiplies the percentage costs of debt—after accounting for the corporate tax rate—and equity under each proposed financing plan by a weight equal to the proportion of total capital.

Sole proprietorships, partnerships, and LLCs don't pay business taxes; the taxes are passed through to the owners. The owners pay tax on the profits of the business that are distributed to them (called a distributive share).The distribution is passed on each owner's percentage of ownership in their capital account.

The African Tax Administration Forum (ATAF) and the African Tax Research Network (ATRN) are pleased to invite submissions for the 6th ATRN Annual Congress, which presents an opportunity for academics, researchers, tax administrators, students, tax practitioners, consultants and decision-makers on fiscal and tax policy in Africa, to gather and.

A similar situation exists at the tax policy making level. In the various tax reforms in the English-speaking world, simplicity has typically ranked well below efficiency/neutrality and equity as one of the goals of tax reform.

This view has influenced the wave of substantial tax reforms around the world in the past 35 by: 7. Information on recent issues of the Virginia Tax Review is listed below. To subscribe to the Virginia Tax Review or to order a back issue, click here.

Vol Number 3, Spring [Upcoming] Vol Number 2, Winter Taxing Tech: The Future of Digital Taxation. Equity: Generally speaking, equity is the value of an asset less the amount of all liabilities on that asset. It can be represented with the accounting equation: Assets -Liabilities = : Chris B Murphy.

The Principle of Equity in Taxation Taxation traces its origin to the ancient times as a major source of revenue needed for governance. Kingdoms, monarchies and even dynasties had an elaborate form of taxation imposed on their subjects to source. Taxation, imposition of compulsory levies on individuals or entities by governments.

Taxes are levied in almost every country of the world, primarily to raise revenue for government expenditures, although they serve other purposes as well. Learn more about taxation in this article. Tax Deductions 26 Employee Contribution Towards Retirement Funds 26 Statutory limits 26 Payroll Giving (Employee Donations) 26 6.

Medical Tax Credits 27 Medical Tax Credits on the Payroll 27 Medical Scheme Fees Tax Credits 28 Additional Medical Expenses Tax Credits   Sidze E.M., Mutua M.K., Donfouet H.P. () Towards Achieving Equity in Utilisation of Maternal Health Services in Selected Sub-Saharan African Countries: Progress and Remaining Challenges in Priority Countries.

In: Konte M., Tirivayi N. (eds) Women and Sustainable Human Development. Gender, Development and Social Change. Palgrave Macmillan, ChamAuthor: Estelle M. Sidze, Martin K. Mutua, Hermann P. Donfouet. Administration: Meaning: Management is an art of getting things done through others by directing their efforts towards achievement of pre-determined goals.

It is concerned with formulation of broad objectives, plans & policies. Nature: Management is an executing function. Administration is a decision-making function.

Process. Voted Best Business Book in. by Pacific Book Review Loopholes of Real Estate clearly reveals the tax and legal loopholes you need to know to be a successful real estate investor. Knowledge is power; this book is a must read for the strategic investor.

- Geraldine Barry, President SJREI Association & Publisher of REI Voice Magazine There is no time like the present to take steps /5(). CHAPTER ONE: TAX POLICY AND DEVELOPING COUNTRIES 1 CHAPTER TWO: TAX POLICY IN DVELOPING COUNTRIES AND UGANDA’S POLICY CHALLENGES 6 I UNDERSTANDING TAX POLICY 6 A Purposes of taxes 6 (1) Economic Growth 7 (2) Stabilization 8 (3) Distribution of Income 8 B Evaluative Criteria 9 (1) Equity 9.

Government must support the public administration of “volunteer run” core services. Whether running an after-school program, organizing a community clean up, leading a school parent- teacher association, or managing a youth sports program, the skills required are akin to. The book cites President Bush’s tax reform panel, which concluded that a very comprehensive X Tax could mimic the distribution of tax burdens Author: Len Burman.

half of her self-employment tax. Publication has tables and worksheets to calculate the deduction for contributions to a qualified plan for a partner. Partner’s earned income. The federal excise tax on gasoline is cents per gallon, and has not increased since If the tax rate was adjusted for inflation sinceit would be 33 cents per gallon in The May update to a Bush administration assessment concluded that 82 percent of the benefits of a corporate tax cut would go to capital and only 18 percent to labor.However, global tax rules should not be written by a small club of rich countries, but at the UN, by all Member States, via the auspices of a UN Global Tax Body.

The purpose of such an institution would be to monitor global capital flows, reduce tax evasion and avoidance, ensure profits are taxed where they are made and help redistribute the.

64228 views Saturday, November 7, 2020