The near absence of direct taxation of the agricultural sector is partly due to the preponderance of big landlords and other vested interests in State legislatures. Moreover, the exclusion of agr...
"The main focus is that if we will see a Trump 2.0 scenario, we are likely to see tariffs on Chinese goods, which is negative for metals with China being the big consumer of copper, iron ore and steel. Oil is down on worries over economic growth as tariffs are ...
Pennsylvania is one of only five American states to employ a flat tax on personal income. Unlike the others, Pennsylvania's is a pure flat tax with no personal exemptions. As of 2005, the income tax rate for individuals is 3.07% of earned income. The state assesses a 6% sales tax on ...
Fourth, financial firms took place qualified agriculture-related loans and loan losses for SMEs should first be recorded as a reduction in pre-tax deductible loan loss reserves, less than write-downs partially calculated according to the taxable income is deductible. 5, this notice since January 1...
Thevalue-added tax(VAT), theincome tax, the excise tax, and imports duties contribute to the national revenue. The government is deprived of substantial tax income by informal-sector economic activity, which is not taxed; in addition, tax collection itself is not considered adequately efficient....