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Statutorily and administratively, the FIRS has the responsibility for the assessment, collection and accounting of taxes to the Government: [9] The timely provision and publication of accurate data and annual reports to the Federal Government of Nigeria and other stakeholders to inform national economic planning, academic research, tax policy and development legislation [10]
In many countries a useful distinction is drawn between the balance of trade and the balance of payments. 'Balance of trade' refers to the trade of both tangible (physical) objects as well as the trade in services – collectively known as exports and imports (in other words, 'visibles plus services') – while the 'balance of payments' also includes transfers of Capital in the form of loans ...
[98] [99] [100] However, two states enacted a form of VAT in lieu of a business income tax. Michigan used a form of VAT known as the "Single Business Tax" (SBT) from 1975 until voter-initiated legislation repealed it, replaced by the Michigan Business Tax in 2008. [101] Hawaii has a 4% General Excise Tax (GET) that is charged on gross business ...
Alfred Hermann Friedrich Vagts (December 1, 1892 in Basbeck – June 19, 1986 in Cambridge, MA) was a German poet and historian.. Vagts served in the First World War as a captain in the German military and was awarded the Iron Cross first class.
A video taken in Utah over the weekend captured a rare, mesmerizing weather occurrence known as a "snownado." According to the World Meteorological Organization (WMO) and The Weather Channel, a ...
Braian Paiz says he gave Liam Payne cocaine to spend time together rather than for payment, and is one of five people charged in Payne's death.
John Ramsey, father of JonBenet Ramsey, shares how his faith was 'challenged' and ultimately strengthened after losing his two daughters over a four-year period in the 1990s.
Risk-weighted asset (also referred to as RWA) is a bank's assets or off-balance-sheet exposures, weighted according to risk. [1] This sort of asset calculation is used in determining the capital requirement or Capital Adequacy Ratio (CAR) for a financial institution.