Search results for keyword: deductions
tax evasion
Tax evasion has long been a problem in many countries. Although taxes are a necessary part of each country’s economy and provide the money necessary to keep countries running and the citizenry safe and comfortable, some people still find ways to dodge the ball and avoid paying their taxes. This a......
1061 
Oliver
structural tax avoidance
Tax Avoidance Structures
Tax avoidance is an issue of much debate in many developed countries throughout the world. Tax avoidance schemes are designed to make use of the legal mechanisms put in place by governments and to exploit them to indirectly reduce the tax liability of an individual or a b......
institutional tax avoidance
Tax Avoidance System
Tax avoidance is a way of minimizing tax liabilities by optimizing the legal use of tax laws to reduce income. It is not advisable to break the law or undertake illegal activities. A tax avoidance system exists as a strategy, whereby individuals, companies and organizations l......
Anti-tax system
The return of the withholding tax system
The return of the withholding tax system has been welcomed by many economists in recent years. It has been hailed as a progressive taxation system that ensures higher revenue collection and fewer deductions. This type of taxation system is implemented when......
Labor contract (Foreign-invested enterprises 1)
翻译
LABOUR CONTRACT
(FOREIGN INVESTED ENTERPRIZE)
THIS LABOUR CONTRACT (hereinafter referred to as the Contract) is made and entered into on ____________ (the Effective Date) by and between ___________ a company limited with its legal and registered office at ____________ (hereinafter referred ......
Fangtian average tax law
Bento-Tane Tax Law and its Implications
The Bento-Tane Tax Law is a set of policies designed to increase tax revenue in Japan and raise public funds for services. The law was legislated in 1997 and became effective in 1998. Its main purpose was to reduce income inequality, promote economic growth......
Fixed asset retirement
Fixed Asset Impairment
Fixed assets are assets that have a long-term use and typically have a useful life of more than one year. Fixed assets are assets that are not intended to be held for sale or to be converted into cash in the current financial year. Examples of fixed assets include land, buil......
401K plan
Introduction
A 401K plan is an employer-sponsored retirement plan that offers in after-tax deductions from a paycheck which are then invested into a tax-deferred investment account. This type of plan is an attractive investment option for those who want to save for retirement without having to ma......
unavoidable cost
Avoidable and Unavoidable Costs
Introduction
Costs are obligations and expenses incurred in the production of a product or service. Avoidable costs and unavoidable costs are two broad categories of costs that are usually discussed in the context of business and economics. Avoidable costs are tho......
tax avoidance
Tax Evasion
Tax evasion is the illegal act of avoiding taxes. This can either be done by not reporting income, underreporting income, or by utilizing illegal and illegitimate schemes to hide or conceal income. When individuals refuse to report or underreport their taxable income they are stealing......
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