answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: What do you mean by good tax system?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Principles of a good tax system?

The principles of good tax system is that it is efficient, understandable and equitable. The benefit principle is also another principle of a good tax system.


What do you mean by sound tax system?

If something is "sound" it means that it is does not have any flaws or defects. Therefore a "sound" Tax system would be one that worked effectively.


What is the difference between global and territorial system of taxation?

global tax mean there is double taxation, but at territorial there is one tax only


What was englands worth to William the conquer?

In 1066 England was a rich and sophisticated country with a good law system. There was lots of food and a good tax system


Why is the progressive tax is the ideal tax system?

the progressive tax system is the ideal one because it would not be unfair to the people whose income are less because the more you earn, the higher your tax rate.So it means that people who earn less will pay less tax rate while those people who earn more will pay more tax rate. That's the good thing about progressive tax system.


How does the UK tax system different from the Sierra Leone tax system?

briefly explain the tax system of Sierra Leone


How does the UK tax system different from the Sierra Leone tax system.?

briefly explain the tax system of Sierra Leone


When did the pay-as-you-go tax system begin?

Do you mean pay-as-you-earn? In the UK? AKA PAYE


When a tax system is referred to as being neutral it implies that?

tax system is fair


What is proportional tax system?

The proportional tax system refers to the same percentage of tax regardless of the taxpayer's earnings. Proportional tax is also called as a flat tax.


What does FICA mean on a paycheck?

FICA stands for a payroll tax used to fund the Social Security system.


Where can I find a good tax represntation chart?

I could find no such thing as a "tax representation chart". It's not clear what you actually mean, here.