This document outlines the responsibilities of parents, mothers, fathers, and children within the family according to Latter-day Saint doctrine. It states that parents are responsible for teaching their children the gospel through word and example, that fathers preside over families and are to provide for and protect their families, and that mothers are primarily responsible for nurturing children. It also notes that children should obey and honor their parents. Fulfilling these roles helps create loving, united families that can endure eternally.
The fourth commandment honor they father and mother-catholic nab and cathechismJean Smith
The document discusses the importance of honoring one's parents as commanded in the fourth commandment. It discusses how Jesus honored his parents by obeying them according to the book of Luke. Several Bible passages are cited that emphasize respecting, obeying and honoring one's father and mother, including Exodus 20:12, Ephesians 6:1, and passages from Leviticus and Proverbs. Maintaining proper parent-child relationships is presented as a foundation of social doctrine and important for building a harmonious family life and society.
The document discusses Catholic teachings on family, sin, heaven and hell. It emphasizes making memories with family through hard work, as family does not just happen. It encourages choosing heaven over hell through not sinning and having Jesus and Mary as friends. It provides contact information for ordering books and a planner from St. John Bosco.
The document contains prayers, hymns, and readings in Tagalog for a Catholic mass on the Fourth Sunday of Advent. It includes opening prayers, readings from scripture, a homily, prayers of the faithful, and closing blessings. The mass focuses on preparing for the coming of Christ and celebrating God, Jesus, and the Holy Spirit.
The 12 step document outlines the process for making a sandwich, including planning your meal by choosing a type of meat, buying essential ingredients like bread, meat, cheese, and condiments, arranging your ingredients on a plate, applying condiments to the bread, adding meat and vegetables, choosing a cheese, adding more condiments, optionally toasting the sandwich, cutting it, and finally enjoying your creation.
The document discusses different types of sandwiches. It identifies cold sandwiches and hot sandwiches as the two main types. Cold sandwiches include tea sandwiches and club sandwiches while hot sandwiches include hamburgers, hotdogs, and grilled sandwiches. The document also discusses the components of a sandwich which include bread, spreads, and fillings. Various bread options are mentioned like flatbreads, quick breads, and loaf bread.
This document outlines the responsibilities of parents, mothers, fathers, and children within the family according to Latter-day Saint doctrine. It states that parents are responsible for teaching their children the gospel through word and example, that fathers preside over families and are to provide for and protect their families, and that mothers are primarily responsible for nurturing children. It also notes that children should obey and honor their parents. Fulfilling these roles helps create loving, united families that can endure eternally.
The fourth commandment honor they father and mother-catholic nab and cathechismJean Smith
The document discusses the importance of honoring one's parents as commanded in the fourth commandment. It discusses how Jesus honored his parents by obeying them according to the book of Luke. Several Bible passages are cited that emphasize respecting, obeying and honoring one's father and mother, including Exodus 20:12, Ephesians 6:1, and passages from Leviticus and Proverbs. Maintaining proper parent-child relationships is presented as a foundation of social doctrine and important for building a harmonious family life and society.
The document discusses Catholic teachings on family, sin, heaven and hell. It emphasizes making memories with family through hard work, as family does not just happen. It encourages choosing heaven over hell through not sinning and having Jesus and Mary as friends. It provides contact information for ordering books and a planner from St. John Bosco.
The document contains prayers, hymns, and readings in Tagalog for a Catholic mass on the Fourth Sunday of Advent. It includes opening prayers, readings from scripture, a homily, prayers of the faithful, and closing blessings. The mass focuses on preparing for the coming of Christ and celebrating God, Jesus, and the Holy Spirit.
The 12 step document outlines the process for making a sandwich, including planning your meal by choosing a type of meat, buying essential ingredients like bread, meat, cheese, and condiments, arranging your ingredients on a plate, applying condiments to the bread, adding meat and vegetables, choosing a cheese, adding more condiments, optionally toasting the sandwich, cutting it, and finally enjoying your creation.
The document discusses different types of sandwiches. It identifies cold sandwiches and hot sandwiches as the two main types. Cold sandwiches include tea sandwiches and club sandwiches while hot sandwiches include hamburgers, hotdogs, and grilled sandwiches. The document also discusses the components of a sandwich which include bread, spreads, and fillings. Various bread options are mentioned like flatbreads, quick breads, and loaf bread.
This document discusses STS Digital, a provider of digital smartphone technology training and consulting services for businesses. It describes STS Digital's offerings, which include courses on using BlackBerry technology for business, smartphone consulting services, and social media marketing solutions using LinkedIn. It also introduces STS Digital's work with Research in Motion (Rim) on the new BlackBerry Enterprise Server Express, which allows businesses to connect employees wirelessly at low cost.
Land Uses, Other Natural Resources Uses and Food SecurityJoachim von Braun
This document discusses land use, natural resources, and food security. It begins with an overview of key conceptual issues regarding the linkages between land/resource use and food security. It then reviews some key global developments in agriculture and resource use, including declining land availability, soil degradation, competition over water, and imbalanced fertilizer use. It also outlines three scenarios related to risks in the world's food systems: slowing production growth in India and China, slower crop yield growth, and a potential water crisis. The document concludes with a discussion of policy and research responses to address questions about the roles of land/resources in food security and emerging risks.
This document discusses land resources and soil conservation. It addresses topics like causes of soil erosion such as wind and water erosion, impacts of soil erosion including loss of soil fertility and water pollution, and desertification which affects one third of the world's land. Methods for reducing soil erosion and conserving soil are presented, such as terracing, contour planting, strip cropping, cover crops, and windbreaks. Organic and inorganic fertilizers are also compared in their ability to restore soil productivity. The importance of soil conservation to sustainably manage this limited resource is emphasized.
1. The Philippine taxation system taxes aliens on income from sources within the Philippines regardless of residency status.
2. The tax year is January 1st to December 31st. Income taxes for nonresident aliens range from 5-32% for those engaged in trade/business to 15-25% for those not engaged in trade/business or who are executives of special entities.
3. Fringe benefits provided to managerial/supervisory employees are subject to a 32% fringe benefits tax calculated on the monetary value of benefits. Expatriates working in the Philippines for a definite period are generally considered nonresidents engaged in trade/business.
The document discusses four main types of pollution: air pollution, water pollution, land pollution, and noise pollution. It provides details on each type, including how air pollution harms living organisms and the environment, how water pollution contaminates bodies of water and affects plants and species, how land pollution degrades the Earth's surface through improper waste disposal and land use, and how noise pollution disrupts humans and animals from excessive sound from transportation, vehicles, and nearby industrial and residential buildings.
This document provides an overview of Philippine taxation. It begins with definitions of taxation and discusses principles like the necessity of taxes to fund government. It describes different types of taxes according to criteria like subject, burden, determination of amount, and purpose. Key points include taxes being compulsory, levied by the state for public purposes, and classified as direct or indirect. The document also covers tax system objectives, stages of taxation, laws, and the power and limitations of taxation. It discusses concepts like double taxation, tax exemptions, and interpreting tax laws. The last sections focus on income taxation principles and computing individual income tax.
Local Government Taxation In The PhilippinesJOHNY NATAD
Local governments in the Philippines have taxation powers to generate revenue. The document discusses the history and definition of taxation, as well as the current Philippine tax system which divides taxes between national and local governments. Local government taxation is an important source of funds that allows local authorities to provide public services for their constituents.
The document discusses various land resources and issues related to land degradation. It defines land resources as the resources available from land, including agricultural land, underground water, and minerals. Land degradation is described as a process where human activities negatively impact the land. The key causes of land degradation mentioned are soil erosion and landslides. Soil erosion can be caused by water or wind and reduces the ability of the soil to support crop growth. Methods to conserve land resources and prevent degradation include terracing, planting wind breaks, and building sea walls.
Land, water, forests, and soil are among India's most important natural resources.
Land resources in India account for approximately 1.3 million square miles and are varied, consisting of 43% plains, 30% mountains, and 27% plateaus. Agriculture is a major use of land resources in India, as India is one of the world's largest producers of many agricultural goods. Soil is another vital resource that requires protection from erosion through practices like maintaining vegetation cover, crop rotation, and terracing. Water is equally essential, being used for agriculture, drinking, washing, transportation, recreation and other purposes. Forests cover around 24% of India's land area and also provide an important natural resource.
Land, soil, water, natural vegetation, and wildlife are important natural resources. Land covers 29% of the Earth's surface and is unevenly distributed worldwide due to differences in characteristics and climate. Soil is formed through weathering and influenced by parent rock and climate factors. It is degraded through processes like erosion, but conservation methods like contour farming and shelter belts can help protect it. Water is essential for life but most is saline or locked in ice sheets; only 1% is accessible as freshwater in rivers, lakes, and groundwater. Natural vegetation and wildlife exist within ecosystems and depend on each other for survival.
The Philippines has 30 million hectares of land classified as either alienable and disposable or forestland. 50% is forestland, 47% is alienable and disposable land, and 3% is unclassified forestland. The primary source of livelihood in the Philippines is its fertile land, which produces six major crops: rice, corn, sugarcane, coconut, abaca, and tobacco. However, mining, erosion, dam construction, commercial fertilizer use, and large buildings threaten to destroy the Philippines' land resources, so preservation efforts like terracing, contour farming, crop rotation, reforestation, limiting mining and construction are important.
This document provides an overview of different economic systems including market economies, planned economies, mixed economies, and traditional economies. It discusses key aspects of each system such as how economic questions around production, distribution, and resource allocation are answered. For example, in a market economy these decisions are driven by supply and demand, while in a planned economy the government controls and directs the economy. The document notes it is important to understand different economic systems because of historical debates around which approach is best and because countries still operate under different models.
- The document outlines general principles of income taxation in the Philippines, including that citizens are taxed on worldwide income while non-citizens are only taxed on domestic income.
- It provides income tax rates for individual citizens and resident aliens that range from 5% to 34% depending on taxable income amount. Married couples file separately.
- Certain types of passive income like interest, royalties, and dividends are subject to final taxes ranging from 6% to 20% instead of the regular income tax rates. Capital gains are also taxed differently depending on the asset type.
The document discusses various topics related to soil erosion, conservation, and degradation. It begins by listing some names and then covers causes of soil erosion like wind and water. Impacts of erosion include loss of fertility and water pollution. Methods to reduce erosion include conservation tillage, terracing, contour planting, cover crops, and windbreaks. Soil restoration techniques involve organic fertilizers, composting, and crop rotation. The document also addresses desertification, salinization, threats to soil like finite arable land, and the importance of soil conservation.
India has a variety of land types including plains, mountains, and plateaus. Land is used for forests, non-agricultural purposes, pastures, and cultivation. Forest land covers less than the desired 33% of land. Waste land and non-agricultural land has increased. Permanent pastures have decreased, putting pressure on grazing lands. Fallow lands include current fallow lands left uncultivated for less than a year and other fallow lands uncultivated for more than a year. The net sown area varies widely by region from over 80% in Punjab and Haryana to less than 10% in some northeastern states. Conservation of land resources is important to support the large population into
This was the informative seminar on the basic taxation principles in the Philippines. It was an hour-long speech on the basics of the Philippine Tax system presented to the students of the Mindanao State University - Iligan Institute of Technology on 12 August 2011 for the Political Science 2 Lecture Series by Vivienne Cemine.\. The document was uploaded by JR Lopez Gonzales of www.politikalon.blogspot.com.
Public finance refers to the revenue and spending of governments to achieve national objectives through a cycle of formulating fiscal policy, generating revenue from taxes and other sources, and expending funds through the national budget. The national budget allocation for 2011 in the Philippines totaled 1.645 trillion pesos, with the largest portions going to education, public works, and national defense. Government efforts to improve revenue include tax reforms and tighter spending controls under the 2011 budget.
The document provides information about taxation systems in several countries in Southern Asia, including Australia, India, Myanmar, Philippines, and Thailand. It discusses how each country collects taxes, common tax types like income tax, VAT, and property tax. It also outlines some key aspects of the tax history and rates in each country. The top priorities for how tax revenue is spent include education, infrastructure development, defense, internal affairs, and agriculture.
The document discusses different types of economic systems, including pure market economies, pure command economies, traditional economies, and mixed economies. It describes the key characteristics of each type of economy, such as how economic decisions are made regarding what to produce, how to produce it, and who receives the goods and services. The document also briefly covers different political philosophies like capitalism, socialism, and communism that influence economic systems.
Taxation 101 basic rules and principles in philippine taxation by jr lopez go...JR Lopez Gonzales
The document discusses taxation in the Philippines, including:
1. It defines taxation as the imposition of financial charges by the government to raise revenues and fund government expenses.
2. It outlines the history of taxation from ancient times to its development under Spanish colonial rule and the establishment of taxes like the cedula.
3. It describes the main purposes of taxation as raising revenues, redistribution of wealth, repricing goods/services, and representation of citizens in government.
Direct taxes are paid directly to the government by taxpayers based on their income or assets. Indirect taxes are ultimately paid by consumers through higher prices of goods and services. Direct taxes are generally progressive, where higher incomes face higher tax rates, while indirect taxes are often regressive with the same tax rates regardless of income. Both direct and indirect taxes have advantages and disadvantages related to issues like tax evasion, prices, revenues, and economic impacts.
This document discusses STS Digital, a provider of digital smartphone technology training and consulting services for businesses. It describes STS Digital's offerings, which include courses on using BlackBerry technology for business, smartphone consulting services, and social media marketing solutions using LinkedIn. It also introduces STS Digital's work with Research in Motion (Rim) on the new BlackBerry Enterprise Server Express, which allows businesses to connect employees wirelessly at low cost.
Land Uses, Other Natural Resources Uses and Food SecurityJoachim von Braun
This document discusses land use, natural resources, and food security. It begins with an overview of key conceptual issues regarding the linkages between land/resource use and food security. It then reviews some key global developments in agriculture and resource use, including declining land availability, soil degradation, competition over water, and imbalanced fertilizer use. It also outlines three scenarios related to risks in the world's food systems: slowing production growth in India and China, slower crop yield growth, and a potential water crisis. The document concludes with a discussion of policy and research responses to address questions about the roles of land/resources in food security and emerging risks.
This document discusses land resources and soil conservation. It addresses topics like causes of soil erosion such as wind and water erosion, impacts of soil erosion including loss of soil fertility and water pollution, and desertification which affects one third of the world's land. Methods for reducing soil erosion and conserving soil are presented, such as terracing, contour planting, strip cropping, cover crops, and windbreaks. Organic and inorganic fertilizers are also compared in their ability to restore soil productivity. The importance of soil conservation to sustainably manage this limited resource is emphasized.
1. The Philippine taxation system taxes aliens on income from sources within the Philippines regardless of residency status.
2. The tax year is January 1st to December 31st. Income taxes for nonresident aliens range from 5-32% for those engaged in trade/business to 15-25% for those not engaged in trade/business or who are executives of special entities.
3. Fringe benefits provided to managerial/supervisory employees are subject to a 32% fringe benefits tax calculated on the monetary value of benefits. Expatriates working in the Philippines for a definite period are generally considered nonresidents engaged in trade/business.
The document discusses four main types of pollution: air pollution, water pollution, land pollution, and noise pollution. It provides details on each type, including how air pollution harms living organisms and the environment, how water pollution contaminates bodies of water and affects plants and species, how land pollution degrades the Earth's surface through improper waste disposal and land use, and how noise pollution disrupts humans and animals from excessive sound from transportation, vehicles, and nearby industrial and residential buildings.
This document provides an overview of Philippine taxation. It begins with definitions of taxation and discusses principles like the necessity of taxes to fund government. It describes different types of taxes according to criteria like subject, burden, determination of amount, and purpose. Key points include taxes being compulsory, levied by the state for public purposes, and classified as direct or indirect. The document also covers tax system objectives, stages of taxation, laws, and the power and limitations of taxation. It discusses concepts like double taxation, tax exemptions, and interpreting tax laws. The last sections focus on income taxation principles and computing individual income tax.
Local Government Taxation In The PhilippinesJOHNY NATAD
Local governments in the Philippines have taxation powers to generate revenue. The document discusses the history and definition of taxation, as well as the current Philippine tax system which divides taxes between national and local governments. Local government taxation is an important source of funds that allows local authorities to provide public services for their constituents.
The document discusses various land resources and issues related to land degradation. It defines land resources as the resources available from land, including agricultural land, underground water, and minerals. Land degradation is described as a process where human activities negatively impact the land. The key causes of land degradation mentioned are soil erosion and landslides. Soil erosion can be caused by water or wind and reduces the ability of the soil to support crop growth. Methods to conserve land resources and prevent degradation include terracing, planting wind breaks, and building sea walls.
Land, water, forests, and soil are among India's most important natural resources.
Land resources in India account for approximately 1.3 million square miles and are varied, consisting of 43% plains, 30% mountains, and 27% plateaus. Agriculture is a major use of land resources in India, as India is one of the world's largest producers of many agricultural goods. Soil is another vital resource that requires protection from erosion through practices like maintaining vegetation cover, crop rotation, and terracing. Water is equally essential, being used for agriculture, drinking, washing, transportation, recreation and other purposes. Forests cover around 24% of India's land area and also provide an important natural resource.
Land, soil, water, natural vegetation, and wildlife are important natural resources. Land covers 29% of the Earth's surface and is unevenly distributed worldwide due to differences in characteristics and climate. Soil is formed through weathering and influenced by parent rock and climate factors. It is degraded through processes like erosion, but conservation methods like contour farming and shelter belts can help protect it. Water is essential for life but most is saline or locked in ice sheets; only 1% is accessible as freshwater in rivers, lakes, and groundwater. Natural vegetation and wildlife exist within ecosystems and depend on each other for survival.
The Philippines has 30 million hectares of land classified as either alienable and disposable or forestland. 50% is forestland, 47% is alienable and disposable land, and 3% is unclassified forestland. The primary source of livelihood in the Philippines is its fertile land, which produces six major crops: rice, corn, sugarcane, coconut, abaca, and tobacco. However, mining, erosion, dam construction, commercial fertilizer use, and large buildings threaten to destroy the Philippines' land resources, so preservation efforts like terracing, contour farming, crop rotation, reforestation, limiting mining and construction are important.
This document provides an overview of different economic systems including market economies, planned economies, mixed economies, and traditional economies. It discusses key aspects of each system such as how economic questions around production, distribution, and resource allocation are answered. For example, in a market economy these decisions are driven by supply and demand, while in a planned economy the government controls and directs the economy. The document notes it is important to understand different economic systems because of historical debates around which approach is best and because countries still operate under different models.
- The document outlines general principles of income taxation in the Philippines, including that citizens are taxed on worldwide income while non-citizens are only taxed on domestic income.
- It provides income tax rates for individual citizens and resident aliens that range from 5% to 34% depending on taxable income amount. Married couples file separately.
- Certain types of passive income like interest, royalties, and dividends are subject to final taxes ranging from 6% to 20% instead of the regular income tax rates. Capital gains are also taxed differently depending on the asset type.
The document discusses various topics related to soil erosion, conservation, and degradation. It begins by listing some names and then covers causes of soil erosion like wind and water. Impacts of erosion include loss of fertility and water pollution. Methods to reduce erosion include conservation tillage, terracing, contour planting, cover crops, and windbreaks. Soil restoration techniques involve organic fertilizers, composting, and crop rotation. The document also addresses desertification, salinization, threats to soil like finite arable land, and the importance of soil conservation.
India has a variety of land types including plains, mountains, and plateaus. Land is used for forests, non-agricultural purposes, pastures, and cultivation. Forest land covers less than the desired 33% of land. Waste land and non-agricultural land has increased. Permanent pastures have decreased, putting pressure on grazing lands. Fallow lands include current fallow lands left uncultivated for less than a year and other fallow lands uncultivated for more than a year. The net sown area varies widely by region from over 80% in Punjab and Haryana to less than 10% in some northeastern states. Conservation of land resources is important to support the large population into
This was the informative seminar on the basic taxation principles in the Philippines. It was an hour-long speech on the basics of the Philippine Tax system presented to the students of the Mindanao State University - Iligan Institute of Technology on 12 August 2011 for the Political Science 2 Lecture Series by Vivienne Cemine.\. The document was uploaded by JR Lopez Gonzales of www.politikalon.blogspot.com.
Public finance refers to the revenue and spending of governments to achieve national objectives through a cycle of formulating fiscal policy, generating revenue from taxes and other sources, and expending funds through the national budget. The national budget allocation for 2011 in the Philippines totaled 1.645 trillion pesos, with the largest portions going to education, public works, and national defense. Government efforts to improve revenue include tax reforms and tighter spending controls under the 2011 budget.
The document provides information about taxation systems in several countries in Southern Asia, including Australia, India, Myanmar, Philippines, and Thailand. It discusses how each country collects taxes, common tax types like income tax, VAT, and property tax. It also outlines some key aspects of the tax history and rates in each country. The top priorities for how tax revenue is spent include education, infrastructure development, defense, internal affairs, and agriculture.
The document discusses different types of economic systems, including pure market economies, pure command economies, traditional economies, and mixed economies. It describes the key characteristics of each type of economy, such as how economic decisions are made regarding what to produce, how to produce it, and who receives the goods and services. The document also briefly covers different political philosophies like capitalism, socialism, and communism that influence economic systems.
Taxation 101 basic rules and principles in philippine taxation by jr lopez go...JR Lopez Gonzales
The document discusses taxation in the Philippines, including:
1. It defines taxation as the imposition of financial charges by the government to raise revenues and fund government expenses.
2. It outlines the history of taxation from ancient times to its development under Spanish colonial rule and the establishment of taxes like the cedula.
3. It describes the main purposes of taxation as raising revenues, redistribution of wealth, repricing goods/services, and representation of citizens in government.
Direct taxes are paid directly to the government by taxpayers based on their income or assets. Indirect taxes are ultimately paid by consumers through higher prices of goods and services. Direct taxes are generally progressive, where higher incomes face higher tax rates, while indirect taxes are often regressive with the same tax rates regardless of income. Both direct and indirect taxes have advantages and disadvantages related to issues like tax evasion, prices, revenues, and economic impacts.
This document discusses the general principles of taxation according to a lecture on income taxation. It defines taxation as the means by which a government raises income to fund its necessary expenses. The primary purpose of taxation is to provide funds to promote citizens' welfare and finance government activities. Other purposes include strengthening industries, protecting local industries, and reducing inequality. The principles discuss the theory that government needs revenue and has the right to tax citizens in return for protection. A sound tax system should be fiscally adequate, impose equal burdens based on ability to pay, and be administratively feasible. The document also outlines constitutional and inherent limitations on taxation powers.
The difference between direct and indirect taxesAhmedTalaat127
The tax legislation in the UAE aims to achieve social justice and diversify sources of revenue, in order to achieve many development goals to redistribute them in the service of society.
There are various forms of taxes, including direct and indirect taxes, and this article will endeavor to explain the differences between them.
The Philippines taxes resident citizens on their worldwide income and non-resident citizens and aliens only on income from Philippine sources. Tax rates for resident aliens and non-resident aliens doing business in the Philippines range from 5-32% for compensation income and a maximum of 20-25% for passive investment income, depending on residency status and amount of taxable income. Certain expatriates employed in specified industries are taxed at preferential rates of 15% for compensation income and fringe benefits.
The document discusses key concepts related to taxation including:
- Tax-GDP ratio measures tax revenue as a percentage of GDP and reveals a country's potential taxation and financial position. A higher ratio is generally better.
- Tax effort refers to a government's ability and willingness to collect revenue from its tax capacity. Tax capacity is the maximum potential revenue based on economic/social factors.
- Tax incidence refers to who ultimately bears the economic burden of a tax, which may be passed forward or backward via price changes. The impact is who initially pays the tax.
Zero-rate tax refers to a tax rate of 0% applied to certain goods and services, exempting them from taxation. Reasons for implementing zero-rate tax include ensuring affordability of essential goods, stimulating economic growth by incentivizing sectors, supporting international trade, simplifying tax systems, and encouraging social and environmental objectives. In contrast, reasons for high-rate taxes include generating government revenue, fiscal policy and budgetary control, redistributing wealth and promoting social equity, and influencing behavior.
The document discusses Value Added Tax (VAT) in India. It is levied at each stage of production and distribution, with businesses able to claim credit for taxes paid on purchases. VAT aims to tax value addition at each stage, replacing sales tax. It is seen as more equitable and transparent than previous tax systems. Certain goods are exempted or taxed at special rates under VAT in India.
Tax and participatory development models _ JenaChidananda Jena
This document discusses taxation models and participatory development models. It provides background on issues with taxation such as complexity, exemptions, and tax avoidance tactics. It then discusses strategies for more efficient, equitable and effective tax policy including removing loopholes, broadening the tax base, implementing anti-avoidance rules, and reviewing tax treaties. The document also discusses principles of taxation, consumption taxes, and forms and variations of participatory development.
Taxes are compulsory monetary payments made by individuals and businesses that are levied by the state. The state collects taxes for five main reasons: to raise revenue, redistribute income, control spending, maintain economic stability, and satisfy specific objectives. There are two main types of taxes - direct and indirect. Direct taxes are paid directly by individuals and companies, while indirect taxes are paid by one entity but the economic burden is passed on to another. Some examples of direct taxes are income tax and corporation tax, while indirect taxes include value added tax and customs duties. An effective tax system should balance factors like equality, certainty, convenience, flexibility and stability to avoid overburdening citizens.
Governments intervene in trade for economic and noneconomic reasons. Economically, they aim to protect domestic industries and jobs through measures like tariffs and quotas. Noneconomically, reasons include national security, cultural preservation, and political influence. However, intervention can backfire and harm consumers through higher prices. It may also lead to retaliation. While companies initially seek government protection, they must also innovate and adjust to global competition over time. Measures include relocating production, focusing on market niches, and internal efficiency gains. Overall, the effects of subsidies, quotas and other policies on trade are complex, with both benefits and unintended consequences requiring consideration.
This document outlines general principles of taxation, including definitions of key tax-related terms. It defines taxes as enforced contributions levied by governments to support public needs. Taxes have several elements, including being enforced contributions paid in money that are proportionate and levied for public purposes like infrastructure and social services. The document also distinguishes different types of taxes based on criteria like the subject being taxed, who bears the burden, how the amount is determined, the purpose, and more. It provides examples to illustrate different tax classifications.
This document discusses trade barriers, including their meaning, classification, and reasons for implementation. It provides an overview of the different types of trade barriers, such as tariffs, quotas, import licensing, and subsidies. The document also outlines some of the economic, political, and social reasons why countries continue to use trade barriers, such as protecting domestic industries and providing government revenue. Both the positive impacts of trade barriers, like increased domestic employment, and negative impacts, such as higher costs for consumers and businesses, are presented at a high level.
Fiscal Management / Principles of TaxationWilmaFajardo1
Taxation provides funds for government activities by requiring payments from citizens participating in economic activities. There are different types of taxes like income tax and sales tax. Taxes may be direct, paid directly to the government, or indirect, where the cost is passed on. Taxes should be based on ability to pay, fund government needs, and be administratively feasible to collect in a clear and uniform manner. The government has the right to tax based on its role in protecting citizens and spending taxes on public services.
B416 The Evolution Of Global Economies Lecture 7 Governmental Influence on TradePearson College London
This document summarizes a lecture on governmental influence on trade. It covers:
- Rationales for governments to enhance and restrict trade such as protecting domestic industries, fighting unemployment, and maintaining spheres of influence.
- Instruments that governments use to control trade, including tariffs, quotas, subsidies and standards.
- The effects of trade policies on different groups like producers, consumers, and government revenue.
- How trade restrictions can create both winners and losers within and between countries.
- The dynamics of lobbying and political economy in shaping trade policies.
Governments intervene in trade for the benefit of their citizens. Their policies aim to regulate the economy, protect domestic industries, and increase standards of living. These policies directly impact international trade and investment. Governments use protectionist policies like restrictions and subsidies to help domestic firms compete at home and abroad. They also intervene in trade for noneconomic reasons like maintaining essential industries, dealing with unfriendly countries, and preserving national culture. Governments use tariffs, quotas, subsidies and other tools to influence and control trade.
The document provides an overview of India's tax system. It discusses direct taxes such as income tax, wealth tax, capital gains tax, and corporate tax. It also discusses indirect taxes including service tax, customs duty, excise duty, sales tax, and security transaction tax. It notes that the tax system is complex with defects including limited direct taxation coverage, reliance on indirect taxes, inequitable nature, and uncertainty in tax rates. The document then introduces the proposed Goods and Services Tax (GST) as a comprehensive tax that will replace existing taxes and have benefits such as removing the cascading effect of taxes and providing a more uniform, transparent tax regime.
This document profiles two entrepreneurs, Rex Mendoza and Axell Alexis Elcullada Tubio. It provides biographical details and career histories for both individuals. It also describes their businesses - Rex Mendoza founded Rampver Financials, a financial services firm, while Axell Alexis Elcullada Tubio helped invest in and expand his family's car rental business called KToby Car Rental located in Cagayan de Oro City. The document outlines both entrepreneurs' beliefs and qualities that have contributed to their success.
The document discusses professional ethics in real estate practice in the Philippines. It provides an overview of the Real Estate Service as regulated by the Real Estate Act of 2009. This includes defining various real estate practitioners and outlining their duties. The document also details the National Code of Ethics, which practitioners must follow. It establishes ethical guidelines in relations to government, the public, clients, fellow practitioners, and professional organizations. Specific duties are outlined for real estate brokers, appraisers, and consultants. Violations of the Code of Ethics or law can result in disciplinary action. The document concludes with trends in the real estate industry.
Civil code of the philippines.book iv.title ii.contracts.art.1305 1308Kristine Lungay
This document summarizes key parts of the Civil Code of the Philippines relating to contracts. It discusses the definition of a contract, characteristics of contracts such as their relativity and consensuality. It also categorizes different types of contracts based on aspects like name, perfection, cause, and obligatory force. The document outlines rules regarding stipulations in contracts, mutuality, determination of performance by third parties, effects on third persons, protection of creditors, inducement of breach, and requisites for a valid contract. It was prepared by Kristine N. Lungay as part of a summary of Articles 1305 to 1318 of the Civil Code pertaining to contracts.
This document discusses strategic planning and management. It covers environmental scanning, developing a strategic vision and mission, setting strategic objectives, crafting strategies, strategy execution, and strategy evaluation. The key points are:
1) It identifies strengths, weaknesses, opportunities, and threats in the external and internal environment.
2) Developing a strategic vision concerns where the firm is going, while the mission concerns what the business does and its purpose.
3) Strategic objectives should be specific, measurable, attainable, realistic, and time-bounded.
4) Crafting strategies addresses balancing organizational ideals with implementation realities.
5) Strategy execution involves visualizing the strategy, measuring performance, and reporting progress.
This document provides an overview of decision theory and techniques for decision-making under uncertainty. It discusses three decision environments: certainty, risk, and uncertainty. Under certainty, the outcome is known so the alternative with the best payoff for that outcome is chosen. Under risk, outcomes have known probabilities so expected monetary value is calculated for each alternative to determine the choice. Under uncertainty, techniques like maximin, maximax, and minimax regret are used when probabilities are unknown. Decision trees and payoff tables are presented as tools to analyze multi-step decisions and compare alternative payoffs under different outcomes. Examples demonstrate how to apply expected value and other approaches to make the best decision under various conditions of uncertainty.
The document discusses the preconditions necessary for the success of inflation targeting as a monetary policy approach. These preconditions include a firm commitment to price stability, central bank independence, good forecasting ability, transparency, accountability, and a sound financial system. It also describes the inflation targeting process, which involves the government setting an inflation target two years in advance, the central bank announcing the target, assessing forecasts and monetary conditions to decide on the monetary policy stance. The document outlines potential explanation clauses for deviating from the inflation target, such as volatility in agricultural prices, changes in government policy, and fluctuations in oil prices.
How Does CRISIL Evaluate Lenders in India for Credit RatingsShaheen Kumar
CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
2. Elemental Economics - Mineral demand.pdfNeal Brewster
After this second you should be able to: Explain the main determinants of demand for any mineral product, and their relative importance; recognise and explain how demand for any product is likely to change with economic activity; recognise and explain the roles of technology and relative prices in influencing demand; be able to explain the differences between the rates of growth of demand for different products.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Economic Risk Factor Update: June 2024 [SlideShare]Commonwealth
May’s reports showed signs of continued economic growth, said Sam Millette, director, fixed income, in his latest Economic Risk Factor Update.
For more market updates, subscribe to The Independent Market Observer at https://blog.commonwealth.com/independent-market-observer.
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
In a tight labour market, job-seekers gain bargaining power and leverage it into greater job quality—at least, that’s the conventional wisdom.
Michael, LMIC Economist, presented findings that reveal a weakened relationship between labour market tightness and job quality indicators following the pandemic. Labour market tightness coincided with growth in real wages for only a portion of workers: those in low-wage jobs requiring little education. Several factors—including labour market composition, worker and employer behaviour, and labour market practices—have contributed to the absence of worker benefits. These will be investigated further in future work.
1. Elemental Economics - Introduction to mining.pdfNeal Brewster
After this first you should: Understand the nature of mining; have an awareness of the industry’s boundaries, corporate structure and size; appreciation the complex motivations and objectives of the industries’ various participants; know how mineral reserves are defined and estimated, and how they evolve over time.
3. Equity Consideration
Taxes are shifted forward and
borne by the final consumers.
These type of taxes are
regressive.
Essential food items and
services are either exempted or
subject to low rates.
5. Effects on Allocation of
Resources
• Optimum allocation of factor resources
and income is not attained because of
goods and services untaxed or subject to
low taxes.
7. Purposes
As a source of revenue
As a protective device
As a vehicle for allocation of
resources
As a bargaining tool
8. Other Facts About the Tariff
System
• It is being monitored by the Tariff
Commision, and reviewed by NEDA,
then submitted to the President for
approval.
• It provides special import duties to be
collected in addition to ordinary
import rights.
9. The Rights of the President
• The President has the right to
imposed 10% ad valorem to imported
goods.
• He is empowered to reduced or
increased not more than 100% the
tariffs.
• He is responsible for the approval or
rejection of trade agreements with
other countries.