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What is the basic earning power ? Net Inc= 600000 ROA=8% Int EXP= 225,000 Tax Rate =35 % BEP for this is 15.31%
What is the basic purpose of insurance
The following are the inherent limitations on the power of taxation: Taxes may be levied only for PUBLIC PURPOSE. The power to tax, being essentially LEGISLATIVE, cannot be delegated. The power to tax is limited to the State's TERRITORIAL JURISDICTION. INTERNATIONAL COMITY.
Congress has the power to tax.
basic purpose and function of an independent laboratory
The main purpose of our government in imposing taxes is to raise fund enable for them to work, because taxation is the strongest power of the government and therefore, it is highly needed by them.
To raise Income Tax.
tax accessor
One of the purposes that may make the congress to impose a tax is to increase the revenue of the government. When the revenue is increased, the federal government is able to provide the basic services to its citizens.
The purpose of the whiskey tax was to help pay off debts to other country's after the war.
Japar B. Dimaampao has written: 'Basic approach to income taxation' -- subject(s): Income tax, Law and legislation 'Tax principles and remedies' -- subject(s): Taxing power, Tax courts, Tax protests and appeals, Tax administration and procedure