- published: 07 Apr 2016
- views: 395534
A tax (from the Latin taxo; "rate") is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state to fund various public expenditures. A failure to pay, or evasion of or resistance to taxation, is usually punishable by law. Taxes are also imposed by many administrative divisions. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent. Few countries impose almost no taxation at all, such as the United Arab Emirates and Saudi Arabia.
The legal definition and the economic definition of taxes differ in that economists do not regard many transfers to governments as taxes. For example, some transfers to the public sector are comparable to prices. Examples include tuition at public universities and fees for utilities provided by local governments. Governments also obtain resources by "creating" money and coins (for example, by printing bills and by minting coins), through voluntary gifts (for example, contributions to public universities and museums), by imposing penalties (such as traffic fines), by borrowing, and by confiscating wealth. From the view of economists, a tax is a non-penal, yet compulsory transfer of resources from the private to the public sector levied on a basis of predetermined criteria and without reference to specific benefit received.
Like & Share this hilarious Parody of Beyonce's Formation Video. It shows how cheating taxes can be rewarding but only temporarily. Hope you enjoy. #lalanation Taxation - Beyonce Formation Parody starring LalaSizaHands89 Subscribe to my YouTube Channel for more funny videos like this Parody of Beyonce Formation Video Follow Lala on Ig at http://instagram.com/lalasizahands89 Follow Poppinmedia at http://instagram.com/poppinmedia Taxation Beyoncé Formation Parody starring Lalasizahands89 Taxation- Beyonce "Formation" Parody written by @Lalasizahands89 & @MotivatedDame Taxation- Beyonce "Formation" Parody Directed by @MotivatedDame Taxation- Beyonce "Formation" Parody Edited by @PointSideProductions Taxation- Beyonce "Formation" Parody Filmed by @PointSideProductions Taxation- Bey...
All the taxation statutes are based on certain fundas and concepts. If we work upon these concepts then the process of learning would become simple and effective. We at www.simplytax.in provide corporate trainings, legal Advisory and Consultancy to corporate, professionals and all other finance personnel through which they work in the most effective way possible by utilizing the best of their capabilities. Our team at simplytax.in consists of enlightened professionals, aim at providing explicit and user friendly techniques of resolving tax related issues of our clients. We are highly reckoned by our clients for availing corporate tax advisory services within the stipulated time frame. Simplytax will surely become your "partner in progress". Visit us at www.simplytax.in for more details an...
Principles of Taxation -- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Our entire course is in bilingual mode - English + Hindi - making it EXTREMELY EASY to understand. POWER NOTES of several pages, made from deep research, are dictated in each session. हिंदी और अंग्रेज़ी में एक साथ पढ़ने से कॉन्सेप्ट्स अत्यंत सरलता से समझ में आ जाते हैं और लम्बे समय तक याद भी रहते हैं । All details at http://ias.PTeducation.com Our CLASSROOM COURSES available at - Indore - 4th floor, Yeshwant Plaza, Indore Phones: 0731-2580800, 97555-99510/11/15 Our SELF-PREP COURSE can be purchased online here - http://www.PTeducation.com/UPSC.aspx Prepare for UPSC IAS exam right at your home! Full video solution, printed courseware, mentoring solution from PT's IAS Academy. Ideal for all ambitious students especially girls, small town students, cost-conscious students, and those who val...
Role of Accounts Professional in Direct Tax and Indirect Tax, Learn Sales Tax , Vat , CST, Service Tax , Excise , Income Tax , complete concept with practical projects and filing of tax returns. Classes is create is created by City Commerce Academy.
"The Progressive Income Tax" is one of those economic terms that gets bandied about, but few actually know what it means or how it works. This tale of three similar brothers with three different incomes (but one shared expense) helps explain the tax system under which we live. Adapted from an article by noted investor and economist, Kip Hagopian, and narrated by actress Carolyn Hennesy of "General Hospital" and "True Blood" fame, this animated story will change the way you think about how you pay your taxes. You can support PragerU by clicking https://www.classy.org/checkout/donation?eid=60079 Free videos are great, but to continue producing high-quality content, contributions -- even small ones -- are greater. Do you shop on Amazon? Now you can feel even better about it! Click http://s...
Did you know that at least 60% of the REG Exam tests your knowledge on taxation? Start your REG studying out right with a study session on Individual Taxation with Roger Philipp, CPA, CGMA, using a lecture straight from the Roger CPA Review course! Ensure you understand this highly tested CPA Exam topic and are ready to move on to more complex taxation subjects. Whether this is your first time learning this topic, or you're just in need of a refresher, you will gain a new perspective and higher comfort level with this vital area of the CPA Exam. Tune in to learn: • The difference between various items on the tax return form • An easy trick to memorize the due dates for tax returns for various entities • Taxation equation • Tool for remembering Schedule A and itemized deductions • The diff...
Made by Ralph Chua Faculty, School of Management and Accountancy Ateneo de Zamboanga University
Lecture Summary: The lecture starts by first reviewing over the income tax rate schedule using two examples and then the professor talks about why we have a taxing system. The professor gives examples of how the government uses taxes to motivate or discourage certain things, such as an excess/sin tax, deductions, tax credits, exclusions, and earmarking taxes. At the end, the professor discusses the Affordable Care Act and why it has an important effect on the tax system. TIME STAMPS ----------------------- 0:00 - Income Tax Rate Schedule 9:06 - Why do have a taxing system? 14:00 - Who cares about taxes? 19:25 - Political Systems 21:20 - What is Tax? 22:30 - Excess Tax / Sin Tax 25:05 - Deductions, Tax Credits, and Exclusions 26:38 - Earmarking Taxes 27:32 - Affordable Care Act To rece...