Taxation Essay Examples and Topics

Economic Advisor’s Role

Introduction Property tax is a potential source of government revenue that is received through the levy imposed on the value of a property. Property tax may be imposed by various jurisdictions in the country depending on the established laws on tax assignment and the autonomy of the regional and local governments of the nation. Tax […]

Property Taxes for Owners of Habitat for Humanity Houses

Introduction Property tax rates are an essential source of revenues for the majority of local governments which ensure their local fiscal autonomy. The procedures of determining the property tax rates are complicated and extremely important for the functioning of the internal financial administration in general. In most cases, the property tax rates are calculated based […]

Tax Law Analysis

Introduction Tax return position is a position about which a receiver of tax services has an understanding of all material details in a tax return and on the foundation of those details has decided that the position is suitable (Murphy & Higgins, 2009). This essay explores the primary and secondary sources of tax law, substantial […]

Banking Regulation and Taxation

Banks play a pivotal role in the financial system of any nation. Due to the scope of activities of the banking industry, it is vital for governments to regulate the industry. The global financial crisis portrayed the importance of banks in the financial system of any country. The collapse of the banking industry led to […]

Tax Equity in Countries Economy

Tax inequality is a crisis affecting many countries. For that reason, there should be a way of balancing the budget without overtaxing the poor in the society. The low-income bracket spends a large portion of their pay on sales tax. Additionally, income taxes are not proportional to the amount of income generated. As a result, […]

The Mining Sector of Australia: New Taxation Arrangements

Introduction It is a long established fact that the extraction of nonrenewable natural resources is the major source of government revenue in many countries. Based on the relationship between the government and extraction companies, there are various legal and economic approaches that can be used to maintain equity in this relationship. For example, the company […]

Mineral Resource Rent Tax Policy

Introduction The global financial predicament affected several governments to search for new approaches of getting revenues. A prosperous nation such as Australia established a Resource Rent Tax in order to replace the Royalty Based Program. It was perceived as a prefect strategy which would enhance effectiveness of Resource Taxation. The Mineral Resource Rent Tax was […]

US Taxation System’s Features

Environmental pollution is one of the central issues discussed by professionals in many fields. Economists are also involved in this discussion as they try to react to challenges of the modern business world. Don Fullerton and Sarah E. West explore efficiency of the Pigovian tax imposed on individual cars’ emissions. The researchers stress that the […]

Taxation: Theory and Practice

Introduction Taxes are ‘necessary evils’ in the economy. They are harmful to growth and business sustainability. On the other hand, governments are not charitable organizations and therefore, they need taxes to enable them to provide essential services such as infrastructure, education and health services. Citizens pay most of the taxes directly or indirectly such as […]

Bush Tax Cuts Debate

Introduction The year 2001, saw America rise up to the prospects of a grim economic outlook since there were signs of an impeding depression. As a result, former president Bush decided to introduce new tax measures that were going to simplify the tax system, as well as, act as an incentive for economic growth (Harvard […]

Taxation

After the 2007 economic recession, it is claimed that many people have defaulted in paying their taxes due to low returns and lack of jobs. The media has focused on the issue mainly because taxation is a sensitive issue to government. Anusha Shrivastava wrote that the Federal Reserve had not done enough during the last […]

Tax Cuts in Keynesian Economics

Introduction Unemployment forms one of the major government concerns in most countries and states of the world. In situations of elevated levels of unemployment, many people are left with no money to spend thus leading to low demand for products. Decrease in demand makes many businesses and companies to go out of business or lay-off […]

Taxation in Asian market

Introduction Taxation can be described as ways that governments finance their expenses by imposing charges on individuals and business organizations. Most governments across the world use taxation to encourage or discourage certain economic decisions. It can also be described as the power vested in the government, to impose charges on persons and corporations in order […]

Taxation in the United States

Introduction Payments of taxes in the US are made up of four levels, which can make the whole system a complex matter. The tax code of the US is possibly the most composite compared with other countries, and each day the Congress includes additional pages for tax regulation. These four levels normally include federal government, […]

Mining Resource Tax

Executive summary In order to meet the challenges, overcome social outcomes and enhance its economic growth, Australia has to restructure its tax and transfer systems. As the nation keeps on restructuring its tax arrangements, it ought to make sure that its standards are unrelenting, strong points are preserved and all the pledges are accomplished. Indeed, […]

The Mineral Resource Rent Tax in Australia

Introduction The following is an essay discussing the Mineral Resource Rent Tax introduced in Australia with the aim of ensuring that the mineral resources in Australia benefit citizens. This is because; they have benefited the mining companies due to the increase in the price of minerals. This has especially affected large companies that deal with […]

Illinois’ Tax Problems

Illinois Governor Pat Quinn was re-elected with a platform built on higher tax rates. According to many analysts, it was an improbable win because of the prospect of higher taxes. But to the surprise of many pundits, Governor Quinn was ushered into the office for another term. The reaction can be understood if one takes […]

The Economics of VAT

Summary of the article The article is mainly based on the issue of Value Added Tax normally shortened as VAT. As defined in the article, VAT is a type of consumption tax, which is normally, imposed goods produced in a given country. The article begins with explaining the impact of high rates of VAT on […]

Financial Analysis in the articles Inquiries galore and A Long-term Plan for Australian tax Reform

In the article Inquiries galore Victoria Papandrea analyses the changes that may happen due to an effect of the commonly known the Ripoll, Henry and Cooper reviews that discusse the financial products, taxation and superannuation. Papandrea (2009) indicates that the main purpose of those reviews is ‘a profound effect on the financial services industry.’ Analyzing […]

Review on Cap the gap by Janine Carmichael

A report Cap the gap delivered by Janine Carmichael raises the problem of the difference between the municipal taxes paid by owners of small businesses and residents on similarly assessed property, referred to as “property tax gap”. The report contains valuable statistics data of the tax rates and entrepreneurs’ opinions of the current policies which […]

Legal and Illegal Tax Shelters

Introduction Tax shelters refer to any technique of trimming down taxable proceeds or returns and this ends up in a decrease of imbursements to duty gathering organizations. These entities include civic, state and central administrations. The techniques used in carrying out this out differ in accordance to home and/or global tax regulations. The KPMG tax […]

Will HST really strengthen the BC Economy?

Introduction Last year (2010), the government of British Colombia declared its intention to harmonize PST with the federal GST. According to the declaration, the government intends to replace the existing tax (PST – Provincial Sales Tax) with a new harmonized tax referred to as the “Harmonized Sales Tax” (HST). This move has brought in an […]

Roles of Property Tax

Introduction Property tax, an annual tax on the real property, has been in existence for more than three millennia. It is found most commonly on the market value concept. Its base may be the land and buildings or just the land only. The strengths and weaknesses of this type of tax are well known since […]

Effect of tax on Vietnamese hangers

Introduction The U.S. government is very clear on the affirmative final determination on antidumping duty order on steel wire garment hangers from Vietnam. Although the legislation became effective on February 5, 2013, the act was published on December 26, 2012. The products affected include steel wire garment hangers that are fabricated, galvanized, painted, coated with […]

Economic effects of tax reform

Introduction Tax systems which are growth oriented are normally meant to reduce the influence that a tax system has on the market. Such systems are also designed in order to reduce as much as possible, the factors that hinder economic growth and development, investments, entrepreneurship and innovation of a country’s citizens. Various researchers have suggested […]

Tax Evasion in Egypt

Introduction Through tax evasion, individuals, companies, and organisations attempt to avoid paying taxes. Following the start of monetary markets, tax evasions in addition to other financial laundering activities have emerged as severe predicaments for macroeconomists. Although tax evasion in Egypt has always been a worry for economists, it has currently augmented to a greater degree […]

Tax Avoidance Legal and Illegal Ways

Confidence in tax system can be maintained if every person and company pay their fair share tax. However, some multinational companies pay little tax despite their huge amounts of returns. In addition, some businesspersons manage to use wrong schemes to avoid paying taxes. The companies may use legal and illegal ways to avoid taxes. Multinational […]

The Debate About Tax Cuts

The debate that tax cuts may increase disposable income or reduce burden and boost economic growth is controversial and unsettled. Some believe increasing tax burden on corporate inversely affect the social welfare of the economy while others argue that they enhance growth. Those who are not satisfied with the tax-cut arguments believe that the revenue […]

Review of the book Fair Play

Does redistribution of income, business income, or risk levels enhance the level of efficiency, profitability, cost effectiveness and overall success of business strategies? Regardless of the circumstances in question, it can be argued that wealth redistribution should be undertaken in an objective, open and realistic manner so as to ensure that the growth and development […]

Germany and the United States Comparison

Introduction Taxation and expenditure vary from one country to another because countries have different tax legislations, economies, and forms of government. Since the government has the responsibility of providing its citizens with essential goods and services, different countries have devised various means of providing these goods and services based on the form of government, tax […]

U.S. Corporate Tax Havens

It is a well known fact that taxation is the lifeline of a nation. The US taxation system creates the mechanism for collecting funds that can be used to sustain and improve basic services (Barber 10). Roads, schools, hospitals, are built and law enforcement agencies are maintained through the efforts of the Internal Revenue Service. […]

The Issue of Huge Taxes

Recently, American citizens have witnessed a tendency of rising taxes (Blodget 1). This issue of rising taxes seems to have gained momentum, especially after the financial recession of 2008. Today, many Americans are concerned about the increasing tax levels. The issue of huge taxes can be associated with the reason as to why many people […]

The Internal Revenue Service Uncovers Tax Fraud with a Data Warehouse

The Internal Revenue Service The Internal Revenue Service (IRS) is the U.S public agency that collects taxes and implements tax laws. Since its inception in 1860s, IRS has grown relative to America’s population. IRS has processed many individual tax returns, especially in 2006, when it processed almost 134 million returns. Nevertheless, the IRS, Sybase and […]

Federal worker’s ‘tax’

Introduction: the proposed federal budget deficit cut In view of the ever increasing budget deficits, the federal government has developed an ambitious 10-year plan to help reduce government expenditure on welfare. This plan mostly targets federal employees, who will be required to double their contribution towards pension and retirement healthcare policy. Within the plan, the […]

Tax efficient financial planning

Abstract Taxes are inevitable, and since their impacts on our clients, investment, and income are adverse, our company should create awareness on the various vehicles one can use to reduce taxation. The viable tax reduction vehicles include retirement plans such as traditional IRAs and Roth IRAs, financial planning techniques, and long-term investment holding period among […]

Fair Tax and Laffer Curve

The Arthur Laffer Curve is another tool to explain the effects of tax fairness. The research focuses on the Arthur Laffer Curve. The research touches on the Tax Fairness Proposal. The Laffer Curve is an important technique to determine the optimum tax rates. Arthur Laffer Curve Stephen Slavin (125) emphasizes that the government continues to […]

How tax cuts help revive the economy

Introduction Governments get the greatest percentage of their income from taxes paid by tax payers in any given country. Taxation is a policy whereby citizens or residents of a country contribute money for social services to the government through well coordinated guidelines. Different countries have different taxation laws. Taxation is a way through which resources […]

Taxation Article Review

Views of the Author The author of the article appears to be providing the citizens within the region with information that can assist them make proper choices in terms of facilities provided by the Government (Appelbaum and Gebeloff 1). In the beginning the author confronts Mr. Gulbranson, a local who owns a logo apparel shop […]

Australian Tax System

Executive Summary Cigarettes fall among commodities that are classified under the Australian tax system as luxuries. As such, they are charged a levy known as GST (Goods and Services Tax) which normally stands at 10% of the value of the commodity so charged and a further excise tax[1]. The GST system provides a lot of […]

The Fat Tax Concept

Introduction Obesity is becoming increasingly a major issue in the U.S. thereby necessitating a swift intervention by the government to bring the menace within controls. This paper will apply certain microeconomic concepts in conjunction with a cost-benefit system to investigate the impact of fat tax. The concept relevant to this theme involves, the rational and […]

Business Types Overview

Globally, the most common types of business ventures involve individuals. Most of today’s competitive sovereign firms begin as solely owned small or medium sized enterprises. People conceive the sole ownership as a common form of business type that almost anyone venturing into the entrepreneurship sector has the same concept in mind. According to Jones (p.1), […]