Search results
Results from the WOW.Com Content Network
A poll tax, also called a per capita tax, or capitation tax, is a tax that levies a set amount per individual. It is an example of the concept of fixed tax. One of the earliest taxes mentioned in the Bible of a half-shekel per annum from each adult Jew (Ex. 30:11–16) was a form of the poll tax. Poll taxes are administratively cheap because ...
A 'countercyclical' fiscal policy takes the opposite approach: reducing spending and raising taxes during a boom period, and increasing spending and cutting taxes during a recession. [ 1 ] Business cycle theory
The avoided tax from the receipt of a production tax credit can more than offset the cost of dispatching electricity at a negative price. [22] [24] [25] Separate from tax credits are RECs (in the United States) or green certificates (in Europe), tradeable instruments that represent the environmental benefits of renewable generation.
Tax protester Sixteenth Amendment arguments are assertions that the imposition of the U.S. federal income tax is illegal because the Sixteenth Amendment to the United States Constitution, which reads "The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration ...
The success of an audit depends on the thoroughness with which vouching is done. After entering in all vouchers, only then can auditing start. Vouching is defined as the "verification of entries in the books of account by examination of documentary evidence or vouchers, such as invoices, debit and credit notes, statements, receipts, etc.
The Kamala Harris campaign has made one of its first concrete policy proposals this week with a tax plan. The centerpiece of the plan is a series of high-end tax increases on corporations and ...
Tax dumping: some tax haven states have lower corporate and personal tax rates. [citation needed] Social dumping: when a state reduces social contributions or maintains very low social standards. For example, in several U.S. states labor regulations are considerably lax and the laws that do exist are barely enforced (if at all).
Ippei Mizuhara, the former interpreter for the Los Angeles Dodgers baseball star Shohei Ohtani, leaves federal court on June 4, 2024, after pleading guilty to bank and tax fraud in a sports ...