There have been few areas of economic policy making in which the returns to good decisions have been so high and the punishment of bad decision have been so cruel. Critically discuss the validity of this statement by discussing the Tanzanian income Tax law on taxation of minerals and petroleum

Q: Pursuant to the Foreign Account Tax Compliance Act, foreign financial institutions will have to…

A: ANSWER:- True    EXPLANATION:- The Foreign Account Tax Compliance Act (FATCA) requires foreign…

Q: Which of the following is not a basic feature of Philippine Income Taxation? a.Comprehensive tax…

A: Governments charge taxes from individuals or firms with a view to finance the different…

Q: The United States operates utilizes a progressive tax system. What exactly does this mean? Do you…

A: Income tax:    It is the amount a person is liable to pay on the earned amount in an accounting…

Q: Explain the multiplier effect by analysing how a typical consumer would react to this  tax cut and…

A: Fiscal multipliers measure the impact of discretionary fiscal policy on output of the economy.They…

Q: Some of the responses by governments to slow down the pandemic have had a negative impact on the tax…

A: Tax revenue is the revenue to the government, the government of any country gets the revenue by way…

Q: Because of political instability in North Africa, let’s not disclose specific countries. In…

A:

Q: The following statements are correct, except: International air and shipping carriers doing business…

A: The correct option is D, as only statement D is incorrect.   Reason; International air and shipping…

Q: I want correct

A: Demand-side economists criticized the income taxation of capital gains because:c. they believed that…

Q: The probability of losing investment in a foreign country is known as: O confiscation O political…

A: Investment made in foreign countries outside jurisdiction of domestic country is subject to risk.

Q: Boseman is also considering making the entry into the international market by engaging in foreign…

A: Financial markets are the places at which the financial assets and securities and issued by…

Q: None

A: Step 1: Introduction to the Capital Gain:If a physical or virtual asset is held for a period of time…

Q: Create an alternative to international taxation, and then evaluate how your alternative impacts…

A: One alternative to international taxation is the implementation of a global consumption-based tax…

Q: a. Explain what is meant by general anti-avoidance rule.  B).  State what impact this could have on…

A: Anti-avoidance in general:- The GAAR is a concept that allows a country's Revenue Authority to deny…

Q: onsider “Optimal Taxation Theory” a) What is its objective?  b) Summarize the main principles in…

A: Answer: The optimal taxation theory is the theory where tax system is chosen such that it can…

Q: The concept of reverse onus, as it relates to taxation in Canada, suggests: Select one:

A: In the intricate landscape of Canadian taxation, the concept of reverse onus holds significant…

Q: Why might revenues generated from the tax fall short of expectations?   2. Do you think that…

A: Everybody has needs and wants. The demands and wants may not all be able to be met by the current…

Q: What information would one use to determine the type of economic system that a country has?…

A: The information required would be the breakdown on who owns the business in the country and how much…

Q: The United States uses the U.S. Model Income Tax Convention as a starting point for treaty…

A: The U.S. Model Income Tax Convention is a treaty between the United States and another country that…

Q: explain how this will impact the supply of and demand for loanable funds and the interest rate in…

A: Let us consider an initial situation where the tax cuts for the business sector have not yet been…

Q: although it is important to consider the impact of inflation on investments made within one country,…

A: On investments made within a country, inflation may have complicated effects. When choosing an…

Q: Which of the following payment is a capital expenditure and not deductible under profits tax?

A: 1(a)  Payment to a departing employee agree for not competing with the company.   1(b)  1,3 and 4…

Q: in order to help fast-track development, the Government of the Philippines expropriated properties…

A: Eminent domain refers to the power of the government to take private property and convert it into…

Q: Among the policy objectives Congress thought of with respect to enacting some of the provisions of…

A: Intellectual Property-: Intellectual property is a vast categorical explanation for the set of…

Q: Which of the following is not a reason for U.S. firms operating in foreign markets? A.Better…

A: Following are the reason for US firms operating in foreign markets-

Q: If a country devalues its currency, it is implementing an implicit___ policy on exporters and an…

A: The objective of the question is to understand the implicit policies that a country is implementing…

Q: Which one of the following items is not a source of Australian taxation law? Choose the best answer.…

A: The income taxes, fringe benefits tax, and goods are collected by the ATO (Australian taxation…

Q: Why is the personal income tax considered less stable than a consumption tax and how do U.S.…

A: Personal Income Tax vs. Consumption Tax: Personal income tax is considered less stable than a…

Q: Explain what happens in a small open economy when the government changes the tax laws to encourage…

A: An incentive is a perk or benefit given to someone in order to encourage him to do something…

Q: What statement is false? a. A tax on consumption will effectively result in virtually all residents…

A: The question is related to consumption Tax. A consumption tax is a tax on the purchase of a good or…

Q: A simple solution to the problem of high corporate tax rates on investment income would be to apply…

A: Answer :- Option 1). Lower rates would provide a significant deferral of taxes on investment income.

Q: Do you think with the technological advances we now have there should be little to no tax errors?…

A: introduction Yes,  I think with the technological advances we now have there should be little to no…

Q: b) Discuss the current global initiatives addressing tax base erosion and profit shifting, and…

A: Base Erosion and Profit Shifting refers to tax planning strategies that exploit gaps and mismatches…

Q: in australia, What is involved in a review or audit; The difference between a review and an audit;…

A: In Australia, both reviews and audits are conducted by the AustralianTaxation Office (ATO) to ensure…

Q: If a country has negative outward FDI, this means that    A) inward FDI exceeds outward FDI. B)…

A: FDI-Foreign direct investment (FDI) is when a company takes controlling ownership in a business…

Q: Explain why a country under monetary unions do not have assess to monetary policy

A: A monetary union is group of different nations coming together to accept a common currency to be…

Q: Fill out the table below. Which among the types of taxes (national or local, Philippines) do you…

A: Taxation in Philippines There are different types taxation which are prevailed in the country like…

Q: ries which has low rate of tax collection, what will be its e

A: Tax collection are the important source of income for any government and government spending depends…

Q: What are two monetary policies that could be implemented by the central bank which would have the…

A: Federal bank achieve of economic growth by monetary policy by increasing or decreasing money supply.

Q: Domestic accounting standards developed to meet the needs of domestic environments. Which of these…

A: Define the business environment:The business environment can be defined as the summation of all the…