0
What are the advantages of reduction in rate of income tax on local industry?
Wiki User
∙ 12y ago
One of the advantages would be that the lower the income tax rate the higher the paycheck for the employee, therefore reducing the need for pay increases.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Which is an effect of declining industry?
Many people lose their jobs, local economies suffer due to the lack of finance /income
Which is an effect of a declining industry?
Many people lose their jobs, local economies suffer due to the lack of finance /income
Is coal industry a local industry?
it depends on which country you are in for it to be either "local" or not
What are the advantages and diadvantages of tourism?
The biggest advantage of tourism is helping economy with income to local businesses.Couple disadvantages are :1. More crime rate2. More spreading of diseases
What are some pros and cons for import quotas?
The advantages of having the import quotas is that it protects the local producers and it helps in the effective regulation of the prices. The disadvantage is that there is no tax income for the government from the customs.
What was the Local industry in galilee in the time of Jesus?
It could be wine industry.
What are the Advantages and disadvantages of imports to the UK?
Advantage of importing is that raw materials are brought into the country. Foreign goods may also come at a cheaper price. The disadvantage is that it could lead to erosion of domestic markets. It also leads to a reduction in prices of local goods thus making local industries noncompetitive.
How do you write a letter for asking price reduction from supplier due to raw material reduction?
In order to write a letter for price reduction from a supplier due to raw material reduction, you must first aquire the required documentation from your local attorney at law, and they will be able to help you.
What are the advantages of watching local films?
Hunging
What are the advantages of mining diamonds?
Industries that process nature's minerals have no 'advantage' per se. These industries do provide economic incentives, however, to themselves -- to make a profit, and to local people employed in the venture -- to earn an income.
Problems of IT industry in the local industries?
tae
What is the local percentage rate for deductions from personal income tax in The Borough of Northampton?
Personal Income Tax is collected centrally by the government. There is no local percentage rate.
