Get premium membership and access questions with answers, video lessons as well as revision papers.
Tax is a compulsory contribution levied on the residents (person or body of persons) of a country by their government in order to raise revenue to finance government expenditure.
A Charge is a levy for a service rendered by the government to the concerned person in most cases it is proportioned to the service rendered
Wilfykil answered the question on February 13, 2019 at 08:23
- Briefly explain three factors that influence the extent of forward shifting of indirect taxes.(Solved)
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(Solved)
A number of revenue authorities in the region have embarked on various tax modernisationprogrammes.
Discuss three goals of such modernization programmes
Date posted: February 13, 2019. Answers (1)
- 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...(Solved)
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.
Date posted: February 13, 2019. Answers (1)
- Identify four ways in which an individual or firm could engage in ?tax avoidance(Solved)
Identify four ways in which an individual or firm could engage in ―tax avoidance
Date posted: February 13, 2019. Answers (1)
- Argue six cases against indirect taxes imposed in your country(Solved)
Argue six cases against indirect taxes imposed in your country
Date posted: February 13, 2019. Answers (1)
- 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...(Solved)
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.
Date posted: February 13, 2019. Answers (1)
- Outline four sources of revenue for a county or local authority(Solved)
Outline four sources of revenue for a county or local authority
Date posted: February 13, 2019. Answers (1)
- Discuss four factors that influence tax shifting in an economy(Solved)
Discuss four factors that influence tax shifting in an economy
Date posted: February 13, 2019. Answers (1)
- One of the facilitators in an East African Community tax seminar commented that "there are diverse factors that influence taxable capacity in various countries".
Justify the...(Solved)
One of the facilitators in an East African Community tax seminar commented that "there are diverse factors that influence taxable capacity in various countries".
Justify the facilitator's comment by discussing four factors that influence taxable capacity in your country.
Date posted: February 13, 2019. Answers (1)
- Outline five causes of tax evasion in developing countries(Solved)
Outline five causes of tax evasion in developing countries
Date posted: February 13, 2019. Answers (1)
- Explain the term "set-off tax" as used in taxation(Solved)
Explain the term "set-off tax" as used in taxation
Date posted: February 13, 2019. Answers (1)
- Distinguish between a "single tax system" and a "multiple tax system".(Solved)
Distinguish between a "single tax system" and a "multiple tax system".
Date posted: February 13, 2019. Answers (1)
- Distinguish between "digressive taxes" and "regressive taxes".(Solved)
Distinguish between "digressive taxes" and "regressive taxes".
Date posted: February 13, 2019. Answers (1)
- Explain the term =taxable limit‘ as used in taxation(Solved)
Explain the term ‗taxable limit‘ as used in taxation
Date posted: February 13, 2019. Answers (1)
- Suggest four ways on how tax policy can be used to promote the growth of small and medium enterprises (SMEs) in your country(Solved)
Suggest four ways on how tax policy can be used to promote the growth of small and medium enterprises (SMEs) in your country
Date posted: February 13, 2019. Answers (1)