Search results for keyword: levy
tax jurisdiction
Tax Jurisdiction
Tax jurisdiction refers to the legal authority of a government over a certain geographic area, or of a specific court to hear tax-related cases. It generally includes a country’s laws related to taxes and how those laws are interpreted and enforced, including the authority to im......
06/07/2023 
1046 
Hannah
Hong Kong tax system
Introduction
Hong Kong is one of the world’s major international financiencenters, having a unique and stable tax system that allows businesses to thrive and become successful. The Hong Kong tax system has been constructed so that it provides a simple and low taxation rate with exemptions, deduc......
stamp duty
Taxes are an integral part of any functioning economy. In the United States, taxes are used to fund federal and state government services, pay for national defense, and invest in infrastructure. One type of tax in particular, the stamp tax, is often overlooked, yet plays an important role in the A......
poll tax
Head Tax in Canada
Head tax was a form of immigration restriction used in Canada during the late 19th and early 20th centuries. It was imposed on immigrants of Chinese origin by the Canadian government in an attempt to limit their immigration to the country. The tax was first imposed in 1885 and ......
Value Added Tax_(People's Republic of China)
Value Added Tax (VAT)
Value Added Tax (VAT) is a tax levied in many countries on most goods and services purchased by consumers. It is considered to be an indirect tax, which means that it is not paid directly by the consumer but rather is included in the price of the goods and services purchased......
gift tax
Gift taxation is a form of taxation imposed on gifting. This form of taxation essentially applies when you give money, goods, or services to someone with no expectation of getting anything in return. The majority of countries around the world impose some form of gift taxation, and the specifics of......
Securities Transaction Tax
Security Transaction Tax
Security transaction taxes are taxation on transactions involving the sale of stocks, bonds, options and other financial instruments. They are assessed on both buyers and sellers of these securities. The primary purpose of these taxes is to raise government revenue, but s......
Securities tax system
Introduction
Securities taxes are an important part of a countrys fiscal system, used to finance its governments spending and promote economic growth. The taxable base of securities taxes often covers a wide range of activities, from income from securities transactions to capital gains from sales......
Seigniorage
Mint Tax
Mint Tax is an excise tax levied on the manufacture of coins by the government. The primary purpose of the Mint Tax is to help ensure that the currencies issued by the government are regularly used, accepted and trusted within a country and its economy. Mint Tax is usually a percentage o......
double taxation
The taxation of goods and services is a necessary evil for governments to raise revenues, but it must be done responsibly. Governments should always be aware of the risks of excessive taxation, which can lead to double taxation, decreased investment and reduced economic growth.
Double taxation oc......
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