000 in an asset and then sold it for $15,000. You would have a capital gain of $5,000 that’s subject to its own tax rate—one that’s typically lower than the rate at which your
In such cases, the courts have consistently held that the IRB was entitled to change its mind and subject the gains to income tax, provided the RPGT assessment was cancelled. The question of capital gains versus revenue income is, therefore, of utmost importance. With effect from 1...
This study examines the growth of ICT over the past decade and considered its potential impacts upon quality of life in Sub-Saharan African countrie., The study firstly provided an overview of the patterns, determinants and controversial... Choi,D Ju - 《Asian Journal of African Studies》 被引...
Saez and Stantcheva showed how their method could be applied to a number of different nonwelfarist principles of fairness. One of them is John Roemer’s belief in the importance of equality of opportunity—roughly speaking, that individuals from low-income families should be given special consider...
Everything you need to know aboutwealth taxationcan be summarized in two sentences. The biggest problem with most tax systems is thepervasive tax bias against income that is saved and invested, which discourages the accumulation of capital that helps tofinance future growth. ...
goods and services is comparatively more autonomous than the sources of its financing and, as a consequence, policymakers in a first step determine government expenditures, while securing the flow of revenues sufficient to meet the public sector's intertemporal budget constraint only in a second step...
At fault is a body called the Financial Action Task Force (FATF). …The worst offenders are autocratic regimes keen to maintain a pretence of democratic rule… But even democracies are sometimes tempted. In 2022 Canada broadened its anti-money-laundering laws to stop funding for a protest by ...
Understanding the TSI and its use cases The larger purpose of the TSI is to create a “tangible way for a tax department to really position itself, to understand where it sits in sort of a tax sustainability landscape. And then from there, it can be used as a basis to take the convers...
While frequently invoked, the level playing field ideal and its practical embodiment in tax legislation has received relatively little analysis. This paper examines the economic arguments surrounding the level playing field doctrine. I conclude that leveling the playing field is an issue of little econo...
Our strategy is to ensure that ACCA pays, on time, the appropriate amount of tax commensurate with our activities performed in each country in which we operate. In particular we recognise the importance of the tax that we pay to the social and economic development of these communities. ...