Essays on Tax

The Colombian tax framework establishes taxes at departmental and municipal range. It is however, highly volatile with inconsistent tax reform. Figure 3 shows the fluctuation of the corporate tax rate in Colombia in the past decade. All foreign non-resident entities are required to pay taxes…

The national debt impacts every citizen in America and the idea of it is a huge elephant in the room for every politician and taxpayer. The national debt has just recently hit 23 trillion dollars and is increasing at every second of every day. With…

Background Viva Las Vegas, as many say! The City of Las Vegas became the most popular city in Nevada as it was first known as “Clark County.” The city is located in the Mojave Desert known which is known to be the driest desert within…

Introduction Taxes help the government operate and work out and really make the economy thrive. Taxes usually increase over the years and some citizens do not abide by the law of this civic duty. Taxes can be hard to pay but it’s a big price…

When we are talking about Bosch in China, we are placing our analysis in a globalized context, where the reduction of costs of transportation and communication brought the integration of countries and peoples and the flows of goods, services, capital, knowledge, and people across borders…

With a lower tax revenue base, the Brazilian government experienced multiple year budget deficits creating restraints on bureaucrats. This problem was aggravated by the tax breaks and subsidies given to state favored industries (farming, mining, oil & gas, etc.). Extremely generous social programs create financial…

Executive Summary Right now, Colorado state agencies are having a hard time keeping up with all the conservation issues our state faces today. The reason behind this isn’t because they aren’t good at their job, it is due to finical problems. Most of Colorado’s state…

Background and Introduction One of the greatest purposes of an education is to encourage critical thinking, to create problem solvers. Studying law is an even greater equipment, seeing that most matters in the world are controlled by the law. Understanding the law, and how it…

There is a tremendous shift in U.S.-Canadian cross-border tax affairs, owing to the recent enactment of the U.S. tax reform – the initial wave having come into effect on January 1, 2018. This move represented a complete renovation of the taxation system. One of the…

The future economy will be the economy of networks – with increasing role and power given to individuals (Mikolajewicz-Wozniak and Scheibe, 2015). As Bitcoin is seen as a currency of the people. Therefore it is reasonable to say that its power and popularity will increase…

Progressive Taxation, Poverty, and Inequality Knowledge and Understanding Taxes are the main source of government revenues: they are the funds that keep the government running. A tax can either be regressive or progressive. A regressive tax is one which taxes rich and poor at similar…

Victory-flushed Britain emerged from the Seven Years’ War holding one of the biggest empires in the world — and also, less happily, the biggest debt, some £140 million, about half of which had been incurred defending the American colonies. Prime Minister George Grenville first aroused…

Tax compliance as behaviour of taxpayers is not influenced only by economic and legislative factors but also other factors such as tax education, personal, social or society norms – according to the classification made by Kirchler (2007), tax morality other times called tax ethics (there…

ETFs have two noteworthy tax advantages when contrasted and mutual funds. Due to auxiliary varieties, mutual funds commonly bring about more capital pick up taxes than ETFs. Moreover, capital increases tax with an ETF is brought about just upon the buy from the ETF through…

Countless number of taxpayers have been deprived of their substantial earnings, and their confidential data, due to tax scams. The con artists behind this task utilize a variety of means to trick consumers, companies, and organizations, which include deceitful phone calls, and manipulative mail and…