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Differences between public sector accounting and private sector accounting?
The difference between public sector and private sector is that when you're in the public sector you work for the government whereas private sector is not. Same applies to accounting.
Whose job was it to collect taxes?
In ancient Rome, tax collection was typically the responsibility of publicani, who were private tax farmers that contracted with the government to collect taxes on its behalf. These individuals would pay a set amount to the government upfront and then collect taxes from citizens, often leading to abuses and corruption. In other contexts, such as medieval Europe, local lords or appointed officials were responsible for tax collection within their domains. Overall, tax collection roles varied widely depending on the time period and region.
How much tax does Bill Gates pay to the government?
Public information is that he pays $991,000 dollars in property taxes, other taxes are like all others tax affairs, private.
Who are those entities which are subject to commission on audit?
Entities subject to the Commission on Audit (COA) in the Philippines include all government agencies, instrumentalities, and government-owned and controlled corporations. This also extends to local government units (LGUs) and other entities that receive government funds or resources. The COA is responsible for ensuring transparency, accountability, and proper financial management within these entities. Additionally, it audits any private entities that manage public funds or resources on behalf of the government.
There is the Internal Revenue and the Internal Revenue Service. What is the difference?
The Internal Revenue is a government agency that is subject to Title 26 United States Code. The Internal revenue Service is a private debt collection agency subject to Title 15 of the United States Code and is a private collection agency contracted by the Internal Revenue.
Depending on the state of the market the government May reduce the taxes collected from the private sector by granting which of these?
tax credits
Difference between public and private?
a private company, is a company or group of companies owned by a single person or a group of people (share holders), they collect its profit based on an understanding they have. a public company is usually a listed company or a government owned company, where its profit are usually collected by the government.
Is Park University a for-profit school?
No. Park University is an Private degree-granting institution.
Is lifeguard a government or private job?
Lifeguard positions can be either government or private jobs, depending on the employer. Government lifeguards typically work at public pools, beaches, or parks operated by municipal or state agencies. In contrast, private lifeguards are employed by private facilities, such as resorts, private clubs, or swim schools. The specific nature of the job can vary based on the organization and location.
How did private companies finance turnpikes?
They collected tolls from travelers.
How and where to register a private job oriented coaching centre and what is the law in this regard?
(in the US) Businesses are required to register with the state and with their local government so that business licenses can be issued (and taxes collected). Contact your local municipal or county government offices.
What do you understand by the term 'public and Private property?
Public property refers to assets and resources owned by the government or the community, accessible to all citizens, such as parks, roads, and government buildings. In contrast, private property is owned by individuals or corporations, granting them exclusive rights to use, manage, and dispose of their assets, such as homes, businesses, and personal belongings. The distinction between the two is crucial for understanding property rights, resource management, and the role of government in society.
Is blue cross a private or government body?
Private.
How do you pay taxes on a vehicle bought from a private seller?
Collected by the State when you register the vehicle.
How are government businesses from private businesses?
Government businesses are controlled by the government private businesses are controlled by the private.Government businesses are set up by Congress.
Is project tiger government or private ownership?
government
What is private milita?
Private army outside Government influence.
