...LETTER OF TRANSMITTAL 04th April 2007 Ms.Rehana Fowzia (Lecturer) Department of Business Administration Stamford University Bangladesh Subject: Submission of report on ‘Ascertain the position of cannons of taxation in tax system of Bangladesh’. Dear Ms.Rehana Fowzia madam We are pleased to submit this report on “‘Ascertain the position of cannons of taxation in tax system of Bangladesh’ for particular fulfillment of BBA Degree. This research program was taken by the help of ‘Three tax system of Bangladesh’, written by M.A. Akkas & ‘Income Tax’ written by Mahmud, Purohit, Bhattacharjee. Here is the report on the observational study of ‘Tax System Of Bangladesh’ you asked us to conduct last month. We honestly believe that this report will fulfill the requirements of the project report for BBA, which will help us a lot to gain sufficient knowledge about the ‘Tax System Of Bangladesh’. We appreciate having this assignment. If you should need any assistance in interpreting this report or in implementing our recommendations, atuddin_mezbah@yahoo.com, Contact No. 01718330355 Sincerely, 01. Mezbah Uddin Ahamed BBA02707126 02. Subbir Ahmed BBA02707121 03. Md. Mahmud Hossain BBA02707154 04. Subroto Biswas BBA02707125 05. Shamol Kanti Sarkar BBA02707112 06. Md. Mahfujul Alam BBA02707153 Program: BBA, Batch: 27 (J), Stamford University Bangladesh. please contact us ACKNOWLEDGEMENT Education involves not only reading books and doing...
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...ANNEXURE-II Guidelines relating to Project Work (Report 50 marks + Viva-Voce 50 marks) for B.Com. Part III (Honours) Course: Paper 3.5 HA /HM / HT /HeB • Each of the students has to undertake a Project individually under the supervision of a teacher and to submit the same following the guidelines stated below. • Language of Project Report and Viva-Voce Examination may be English or Bengali. The Project Report must be typed and spirally bounded. • Failure to submit the Project Report or failure to appear at the Viva-voce Examination will be treated as “Absent” in the Examination. He /she has to submit the Project Report and appear at the Viva-Voce Examination in the subsequent years (within the time period as per University Rules). • No marks will be allotted on the Project Report unless a candidate appears at the Viva-Voce Examination. Similarly, no marks will be allotted on Viva-Voce Examination unless a candidate submits his/her Project Report. • Evaluation of the Project Work to be done jointly by one internal expert and one external expert with equal weightage, i.e., average marks of the internal and external experts will be allotted to the candidate. • A candidate has to qualify in the Project Work separately, obtaining a minimum marks of 40 (Project Report and Viva-Voce taken together) in paper 3.5. • Marking Scheme for Project Report and Viva-Voce Examination: Project Report (50 marks) Chapter 1: Introduction...
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...Educational and Professional Development Unit – Form 603 Assignment Cover Sheet Student Name: Peter Navan Student Number: C00152237. I am a student as follows: Stage 3 Module title: Financial Management Assignment Question Answered: 1 Lecturer to correct this assignment: Dr. Philip Byrne Dates I attended module: 1st & 2nd May 2012. Date this assignment is due: 25.05.12 I hereby certify that the information contained in this (my submission) is information pertaining to research I conducted for this project. All information other than my own contribution will be fully referenced and listed in the relevant bibliography section at the rear of the project. ALL internet material must be referenced in the bibliography section. Students are encouraged to use the Harvard Referencing Standard. To use other author's written or electronic work is illegal (plagiarism) and may result in disciplinary action. Students may be required to undergo a viva (oral examination) if there is suspicion about the validity of submitted work. Signed: _________________________________ NOTE: 2 copies of form and 2 copies of the assignment to be submitted to: Irish Aviation Authority. For IAA use: Date stamped ( Logged onto IT System ( confirmation email sent to student ( I.A.A./I.T.C Degree Programme for Aviation, Transport and the Emergency Services Sector. Stage 3. 2011 - 2012 ...
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...Assignment front sheet Qualification Unit number and Title Pearson BTEC Level 5 HND Diploma in Business HNBS 102: Managing Financial Resources and Decisions Student Name Assessor Date issued 29/09/2015 Internal Verifier MUHAMAMD SAJID Task 1 / Task 2 F Khan Task 3 / Task 4 Week 8 Week 14 Assignment title Learning Outcome Corporate finance in decision making Assessment In this assignment you will have the opportunity to Criteria present evidence that shows you are able to: Task no LO1 Understand the sources of finance available to a Business 1.1 identify the sources of finance available to a business 1 1.2 assess the implications of the different sources 1 1.3 1 2.1 evaluate appropriate sources of finance for a business project analyse the costs of different sources of finance 2.2 explain the importance of financial planning 2 2.3 2 2.4 assess the information needs of different decision makers explain the impact of finance on the financial statements 3.1 analyse budgets and make appropriate decisions 3 3.2 explain the calculation of unit costs and make pricing 3 3.3 assess the viability of a project using investment appraisal techniques 3 4.1 discuss the main financial statements 4 4.2 compare appropriate formats of financial statements for different types of business 4 4.3 interpret financial statements using appropriate ratios and comparisons, both internal and external. 4 LO2 Understand the implications of finance as a resource...
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...TABLE OF CONTENTS TITLE Page Title page……………………………………………………. Approval page………………………………………………. Dedication…………………………………………………... Acknowledgement …………………………………………. Abstract ……………………………………………………… List of tables ………………………………………………… Table of content …………………………………………….. CHAPTER ONE Introduction 1.1 Background of the study ……………………………… 1.2 Statement of problems ………………………………… 1.3 Research Questions / Hypothesis ……………………… 1.4 Hypothesis …………………………………………….. 1.5 Purpose of the study …………………………………… 1.6 Significance of the study ……………………………… 1.7 Scope of the study …………………………………….. CHAPTER TWO Review of literatures 2.1 Fundamental concept of Nigeria Taxation ……………. 2.1.1 History of Nigeria Taxation …………………………… 2.1.2 Laws governing Income tax in Nigeria …..…………… 2.1.3 Importance of Taxation …………………………………. 2.1.4 Categories of Taxes …………………………………….. 2.2 Basis of tax Imposition (major provisions) ……………… 2.2.1 A review of major assessment provision ………………… 2.2.2 Relevant tax authorities ………………………………….. 2.3 Problems of tax collection ……………………………….. 2.3.1 In adequate qualified man power, poor motivation and corruption ……………………………………………… 2.3.2 Poor attitude to tax generation and usage………………… 2.3.3 Lack of management audit and unrealistic budgeting……. CHAPTER THREE Research methodology 3.1 Design of the study ………………………………………. 3.2 Area of the study ………………………………………… 3.3 Population ……………………………………………….. 3.4 Sample size ……………………………………………… 3.5 Sampling techniques...
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...ECO 205 Entire Course (UOP Course) For more course tutorials visit www.tutorialrank.com ECO 205 Week 1 CheckPoint Principles of Economics ECO 205 Week 1 DQ 1 and DQ 2 ECO 205 Week 2 CheckPoint Industry Research Part I ECO 205 Week 2 Assignment Supply and Demand (appendix C) ECO 205 Week 3 CheckPoint Industry Research Part II (appendix B) ECO 205 Week 3 DQ 1 and DQ 2 ECO 205 Week 4 CheckPoint International Trade Debate Part I ECO 205 Week 4 CheckPoint International Trade Debate Part II ECO 205 Week 4 Assignment Taxation ECO 205 Week 5 CheckPointLabor Market Scenario ECO 205 week 5 DQ 1 and DQ 2 ECO 205 Week 6 CheckPoint Industry Research Part III ECO 205 Week 6 Assignment Labor Market Research ECO 205 Week 7 CheckPoint Calculation of the Consumer Price Index (appendix D) ECO 205 week 7 DQ 1 and DQ 2 ECO 205 Week 8 CheckPoint Industry Research Part IV (appendix B) ECO 205 Week 8 Federal Reserve, Banking, and Inflation ECO 205 Week 9 capstone DQ ECO 205 Week 9 Final Project Industry Research Completion ---------------------------------------------------------------------------- ECO 205 Week 1 Checkpoint Principles of Economics (UOP Course) For more course tutorials visit www.tutorialrank.com 1. CheckPoint: Principles of Economics • Due Date: Day 6 (Individual forum) • CompleteQuestion 16 under Problems and Applications in Ch. 1 of Principles of Economics. • Findthree current articles about the economy...
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...Working Income Tax Benefit Paper for TAXX 344 Executive Summary Since 2008 most Canadians have heard about the Working Income Tax Benefit. It was introduced in 2007 by the Canadian Government as an incentive for those living on social assistance to enter the job market and those in the job market to continue working. The underlying principle is to give a reduction in income taxes to those who earn income from employment or self business to help offset the costs of entering the job market as opposed to living on social assistance. Offsetting costs such as medical and dental costs, work supplies etc. The cost of leaving social assistance and working is referred to as the welfare wall. The working income tax benefit was introduced at a low rate of $500 for individuals and $1,000 for families which considering the maximum net income cut-off amounts did not include the target audience of those who are on social assistance. Thanks to Canada's Economic Action Plan to help stimulate the economy during the Late 2000's Recession the Government provided what they called and enhancement and increased the benefit to $925 for individuals and $1,680 for families and increased the maximum net income levels to include more Canadians. The working income tax benefit is discussed in section 122.7 of the Canadian Tax Act and tax payers use Schedule 6 of the T1 tax return to calculate the benefit based on their earned income and calculates on a sliding phase in rate of 25% and phase...
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...My Opinion of the Australian Tax System Australia is a nation that is envied by many underdeveloped countries for our abundance of public services, transport and healthcare as well as the carefree lifestyle that many Australians have grown accustomed to. However, the Australian taxation system has been persistently scrutinized by its taxpayers for its many pitfalls in providing an equitable means of raising government revenue. In my opinion, the major shortcomings of the Australian taxation system include its lack of neutrality, with reference to high-income earners and small business owners, its constant lobbying towards the baby boomer generation, its current ageing population crisis and the permitted negative gearing of investment properties. Many sweeping reforms have been suggested in an attempt to rectify these issues, however it seems that no such recommendations have been implemented. Neutrality of Australia’s Tax System I believe that there are too many vested interests and rent seekers in today’s society for the Australian tax system to be neutral. However, in my opinion, the Australian tax system favors high-income earners and small businesses, in reference to negative gearing, discretionary family trusts and unfair deductible expenses. Negative gearing refers to when an investor purchases a rental property, but the net rental income is not enough to cover the interest on the money borrowed. Negative gearing favors the high-income earners due to the fact that...
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...SCHOOL OF LAW ASSIGNMENT 1 COMPUTER NUMBER: LLB1009 COURSE: TAX LAW (L360) LECTURER: MR. P. AKAPELWA DUE DATE: 14TH MARCH, 2014 The research and documentation of this assignment was done by the author; Signed; INTRODUCTION Re-alignment or Re-pricing being a reason why taxes exist, can be defined as a tool bestowed upon governments that allows them to manipulate the behavior of its citizens using taxes. This implies that the governments of any state can influence the economic, social and even environmental sectors of their respective countries through taxes. Neutrality on the other hand is one of the several qualities of a good taxation system which provides that a tax should not alter or affect the economic behavior of the citizens of any given country. The objective of this document thus is to discuss the two above mentioned concepts of taxation and the way in which they can be reconciled in light of tax policy. RE-ALIGNMENT: Definition and importance Taking a detailed approach towards Re-alignment, it has been readily mentioned that it is one of the very reasons why tax exists. Other reasons include: 1) Revenue collection - in order to function effectively, a country, like any other institution needs a source of income. Thus a government is permitted to collect tax from various sources ranging from goods and services to profits made by companies operating within the country. Taxes collected by the Zambian government compose more than 50% of that country’s annual budget...
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...The welfare, intended as the set of measures and policies devoted to ensure minimum quality life standards to individuals, is normally associated to the state insomuch reference is generally made to “welfare state”. The welfare state is based on ethical ideals: it is created in the name of social justice, to implement the fundamental rights and freedoms of human beings (as developed from time to time in the various cultures). Stuart White wants to clarify in the Oxford Handbook of the Welfare State, the main ethical arguments, which are inherent in the creation of the welfare state. First of all a process for the achievement of the basic needs of the citizens (questionable what are the basic needs), latterly equality, seen as same opportunities without racial or social influence, and lastly liberty, conceived as ‘negative’ liberty of coercive ‘redistribution’ in order to achieve a moral and social congruence between all the individuals. However, welfare state, even if based on ethic-philosophical findings, has many implications and effects in the economic field. As Briggs (1961) argued, the welfare state is an organization whose purpose is to modify the market forces in at least three directions: (I) ensure to the individuals and to the families minimum incomes; (II) decrease the level of insecurity; and (III) assure the best standard available of social services (Cittadini 2015). ***** Modern concept...
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...Unit Name: LSSU 392: Principles of Taxation Law Student Name: Jacqui Atkinson Student Number: 201116672 Unit Coordinator: Kip Werren Capital Gains Tax Reliefs and Exemptions and Offsets against Assessable Income. Word Count: 2265 Introduction: 2 Jack, a former cattle farmer, bought a property of fifty hectares on 15 June 2009 for $410,000 with a house on a one hectare fenced off area. He ran cattle on the remaining forty-nine hectares, which had already been fenced off into suitable paddocks, from 1 July 2009. On 31 January 2011, Jack subsequently sold the fifty hectares due to ill health at the age of 35; this sale produced a capital gain of $80,000. During this time Jack had losses from his cattle farming in both the 2009/2010 and 2010/2011 financial years of $2,350 and $1,250 respectively, and also received income from other sources in those years ($45,000 and $23,000 respectively). Issues: Jack is seeking advice in regards to capital gains exemptions and reliefs that can be attributed to the sale of the property. Jack is also seeking advice in reference to offsetting his losses from his cattle farming enterprise against other assessable income that he earned in the 2010/2011 financial year. The issue of capital gains exemptions and reliefs available can be covered under Division 152 of the Income Tax Assessment Act 1997 (Cth) (furthermore referred to as ITAA97) which allows exemptions to small businesses for the capital gains tax so long as specific...
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...LA SALLE UNIVERSITY SCHOOL OF BUSINESS MBA 901 Competing in a Global Market I: Analysis of the Business Environment Integrative Capstone SYLLABUS Fall 2012 Instructor: Bette J. Walters, JD, LLM (Taxation) Office Hours: By appointment Office Phone: 215.540.0234 Cell Phone: 215.704.2335 E-mail: walters@lasalle.edu or bettewalters@comcast.net Textbook and Materials: Steiner and Steiner, Business, Government and Society: A Managerial Perspective, McGraw Hill, 13th Ed. (2012), ISBN 978-0-07-811267-6. In addition, readings from other works will be assigned and posted on Blackboard. From time to time, optional reading materials will also be posted. Course Description and Objectives: This course is completed as a cohort group with MBA 902 Competing in a Global Market II: Analysis and Implementation of Strategy and is taken with the approval of the program Director. A key objective is to provide students with insights into the influences and interactions that society, law, government, and personal values have on the daily and long-term decisions of management. Using an interdisciplinary approach, we will closely examine the legal and ethical environment of business using a wide variety of materials ranging from the textbook to news reports. In this respect, we will attempt to construct a framework wherein socially responsible business decisions can be made, integrating your current knowledge and experience with content in business strategy...
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...| M3 | explain the ethical concerns of the communities in which a selected business operates and suggest measures that could be taken to improve corporate responsibility | Learner’s declaration I certify that the work submitted for this assignment is my own. Learner Name: _________________________________Date:______________ ------------------------------------------------- Plagiarism. ------------------------------------------------- ------------------------------------------------- Plagiarism is cheating and can result in expulsion from the course and college. Plagiarism is copying from a published text or another student, and passing the work off as your own. You must acknowledge all sources. Full reference details should be given in the bibliography. Unacknowledged paraphrasing may also be plagiarism. ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- FEEDBACK: | TARGETED GRADING CRITERIA | TUTOR FEEDBACK AND COMMENTS AGAINST...
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...Economics of the European Union ECN309X Essay term 1 To what extent did the 1992 Single Market programme create a single market across the EU? Linde Cloosterman 10418300 14th December 2012 In January 1992 The European Single Market was formed. The prospects were compromising. Hooley et al. (2012) explain that the programme would provide the free flow of products and services, people and capital between the member states of the European Union. Another point was the intention to improve economic performance by lowering costs of trading across national borders within the European Union. But also to boost economies of scale of operation to achieve more competitiveness against the US internal market. However, the developments within the Single Market were not always positive. An example that illustrates this are diverse economies in the euro-zone operating at different speeds, facing different levels of public sector debt but without the freedom to set separate exchange or interest rates (Hooley et al., 2012). The economic crisis within the euro-zone had negative effects on the Single market as well. Therefore it can be questioned: to what extent did the 1992 Single Market programme create a single market across the European Union? Due to the prolonged economic recession by the beginning of 1980 it was clear that the competitive position of the European Community was decreasing. Outcomes with stagnating negative effects within the European economy, rising unemployment...
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...systemt .................................................................................................................................. 4 Evaluation of Tax Reforms……………………………………………………………………………………………………………………..10 Conclusion…………………………………………………………………………………………………………………………………………....11 References…………………………………………………………………………………………………………………………………………….14 Easa Faheem S11422649 Bachelors Degree in Human Resource Management 1 Subject code: BBEK1103 Subject: Principles of Microeconomics Preface This is a work done as part of the module „Principles of Microeconomics‟, which is part of the course Bachelor of Human Resource Management. Consisting of an analysis of a Tax reforms for Maldives, this assignment evaluates the purpose of the tax system, types of tax systems, effects of the tax reform systems to the economy and other factors which affect it. The objective of this work is to develop students‟ ability to analyse the critically tax reform systems of certain country, as well as the various external factors that have an impact on the economy and other aspects. The assignment begins with a general preface followed by the various components of analysis with a bibliography at the end. Easa Faheem S11422649 Bachelors Degree in Human Resource Management 2 Subject code: BBEK1103 Subject: Principles of Microeconomics Introduction Until, 2nd October 2011, revenue of government of republic of Maldives is depending...
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