Search results for keyword: taxable
Statutory set-off
Legal Tax Offset
Taxes are a part of life and although individuals may pay taxes on a variety of items, one area where tax relief is available to some individuals is through the use of legal tax offsets. These legal tax offsets can be used to reduce the amount of taxes owed or even offset the ent......
11/07/2023 
1044 
Emily
Tax Equity Principle
Tax Equity Principle
The Tax Equity Principle is a fundamental principle of taxation that states that, as much as possible, taxpayers should pay taxes in proportion to their ability to pay, based on their economic circumstances. This means that the amount of tax one pays should be based on how mu......
Tax Efficiency Principle
Tax efficiency principles
Tax efficiency is an important consideration when it comes to financial planning. The idea behind tax efficiency is to pay the lowest allowable amount of taxes possible. It is achieved by making sound financial decisions and selecting investments that take advantage of a......
private business income tax
Introduction
Income tax is one of the most important taxes levied by governments in modern societies. It is designed to provide the government with revenue to finance public expenditure and redistribute income to provide assistance to those in need. One type of income tax is the corporate income ......
income tax
Income tax is one of the most important components of a nation’s fiscal system. It is the main source of funds for governments to finance public services and undertake large infrastructure projects. From the perspective of individuals, paying income tax is a major financial burden that can signif......
Income tax rate
，关于所得税率
Income tax rates are the rates of taxation imposed on individuals or corporations in relation to their taxpayer status, income level, and filing status. They must be determined carefully, as incorrect rates could result in an excessive or insufficient amount of taxes paid by the taxp......
Taiwan tax system
Introduction
Taiwan has a relatively well developed taxation system compared to other countries in the world. The taxation system in Taiwan has been gradually shaped over time from a hierarchical system of taxation in 1950 to a more equal system today. This paper will discuss the current taxation......
tax refund
VAT / Sales Tax Refunds
The concept of Value Added Tax (VAT) and Sales Tax Refunds is an important part of international trade. In most countries, businesses and consumers alike must pay a tax on goods purchased. In some countries, these taxes can be quite large and can significantly increase the......
fixed tax rate
Fixed-rate tax
Fixed rate tax is a form of taxation that is determined by a predetermined or fixed percentage of rate applied to any form of taxable income or goods and services. The rate of taxation is fixed regardless of the countrys economic or fiscal circumstances and thus it is often referre......
specific relief
Tax exemption refers to a tax which does not have to be paid in the absence of any statutory requirement. It is a discretionary approach to taxation based on the notion of allowing people to keep as much of their own money as possible within a certain legal framework.
Tax exemption is used by gov......
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