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.
According to Adam Smith, Good Taxation System based upon the following Principles :(1) Canon Equality or Benefit, (2) Canon of Certainty (3) Canon of Convenience (4) Canon Economy (5) Canon of Productivity (6) Canon of Elasticity (7) Canon of Variety (8) Canon of Simplicity (9) Canon of Expediency (10) Canon of Co-ordination.
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.
briefly explain the tax system of Sierra Leone
Characteristics of a good tax are equality, simplicity, certainty, and efficiency. These are the only characteristics of a good tax.
A flat tax system. A Proportional tax system is one that takes more as you earn more.
the principles of good spelling system is spelling it right
Fair and square, It's all from people, and it comes to the people.
According to Adam Smith, Good Taxation System based upon the following Principles :(1) Canon Equality or Benefit, (2) Canon of Certainty (3) Canon of Convenience (4) Canon Economy (5) Canon of Productivity (6) Canon of Elasticity (7) Canon of Variety (8) Canon of Simplicity (9) Canon of Expediency (10) Canon of Co-ordination.
In 1066 England was a rich and sophisticated country with a good law system. There was lots of food and a good 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.
briefly explain the tax system of Sierra Leone
briefly explain the tax system of Sierra Leone
Principles for the grater good.
three principles of good recording
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tax system is fair
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.