What is the main disadvantage of a value added tax?
Q: why are the operating taxes in the FCF analysis calculating without taking into account the tax…
A: Interest paid on loans or debts is an expense for the company. Also these interests reduces the…
Q: what is a potential with a temporary tax difference in design to increase demand
A:
Q: Given the following tax structure: Salary $ 21,500 $ 43,000 $ 21,500 Taxpayer Mae Pedro Venita Total…
A: Horizontal Equitable :— Horizontal Equitable States that If there is a Same Level of Income of Two…
Q: What is the tax shield of interest?
A: Interest tax shields: It alludes to the assessment obligation decrease because of the interest…
Q: True or false is regulatory tax is intended to achieve some social or economic end?
A: Regulatory tax: Regulatory taxes are the charge or levy of taxes by the government on the general…
Q: What types of income should not be classified as such on a tax return? Why shouldn't they be…
A: Answer Nontaxable income won’t be taxed, whether or not you enter it on your tax return. nontaxable…
Q: Given the following tax structure, what minimum tax would need to be assessed on Shameika to make…
A: Tax Rate=Total TaxTotal Salary×100
Q: Which of the following is an example of a regressive tax? a) Income tax b) Sales tax c) Property tax…
A: Regressive tax is tax system in which low-income earners have to pay a significantly higher portion…
Q: What is the logic behind allowing tax loss carrybacks/carryforwards?
A: Logic behind allowing tax loss carrybacks and carryforwards: A tax loss carryback permits a company…
Q: Tax and give examples
A: Amusement tax Amusement tax, impost on the general admission charges to recreational and…
Q: flat tax income tax property tax
A: A progressive tax is one in which the average tax burden grows in proportion to income.…
Q: produ
A: The term "tax incidence" (or "tax incidence") refers to how a tax burden is distributed across…
Q: what is the disadvantage of not providing deferred tax?
A: Deferred tax is an accounting method used to recognize the effect of taxes on the financial…
Q: In the case of income tax there are high taxpayer costs but low government costs ? True or False
A: Income tax is known as the form of tax that is imposed on the income or profits of individuals or…
Q: What is ‘fringe benefit tax’(FBT)? Explain atleast five main salient features of the FBT?
A: Fringe Benefit Tax: It refers to a tax which an employer needs to pay on the value of fringe or…
Q: Real property tax is an example of: Group of answer choices Property tax Excise tax Privilege tax…
A: Real property tax is the tax on real property like land and buildings, improvements, machinery, etc.…
Q: How can we deal with Salvage value and gains tax:?
A: Depreciation: The term depreciation refers to the fall in the monetary value of assets due to its…
Q: What’s the difference between marginal and average tax rates?
A: The taxes are the government source of income from the general public. The tax rate are the…
Q: What is a deferred tax asset and how is the value created?
A: Deferred tax asset: When Income Tax Expense account is more than the Income Tax Payable account,…
Q: why bad debt is not tax allowable
A: Bad debt refers to money owed by a debtor that is unlikely to be collected. It often occurs when a…
Q: What are FUTA and SUTA taxes? Is there any possible reduction in the FUTA tax rate? If so, what is…
A: Introduction: Employer payroll taxes are paid by the employer from its own funds on the basis of…
Q: How do tax laws affect leasing?
A: Lease: It is an agreement between two parties where the one party agrees to rent an asset owned by…
Q: What is Output tax
A: In order to generate revenue, the government frequently employs and imposes indirect taxes. They are…
Q: How does the disposition effect impact investor tax?
A: Introduction: The disposition effect is coined by economists Hersh Shefrin and Meir Statman in a…
Q: Is it a good strategy to tax Lower income groups more as compared to higher income groups to remove…
A: Income distribution refers to the term which is defined as how the aggregate income of nation is…
Q: What is the difference between a progressive tax, a proportional tax, and a regressive tax?
A: Tax is an important concept in the area of finance. The United states has three types of taxes…
Q: How does Leasing offer tax advantages?
A: Lease: A contractual arrangement between the owner of the asset and the user of the asset for a…
Q: Is fringe tax considered a penalty tax?
A: A fringe benefit is a final tax on an employee's salary that the company is required to withhold.…
Q: Do you think
A: these are the following drawbacks of property taxes: Lower incentive to buy a home High property…
Q: We tax net income? What economic distortions would occur if we taxed gross receipts?
A: Gross income is the income to the company or an individual after operating activities or providing…
Q: Explain why permanent differences have no deferred tax consequences.
A: A permanent difference is a business transaction that is reported differently for financial and tax…
Q: Fringe benefit tax is computed based on the monetary value of the fringe benefit. a.true b.false
A: Fringe benefits are benefits in addition to an employee's wages paid by employer, for example…
Q: consequence of underestimating provisional tax
A: Provisional tax is the amount of tax to be paid by taxpayers earning income other than salary in…
Q: Do you think taxes affect the value of real estate versus other investments?
A: Tax: A tax is a compulsory charge or a levy imposed upon a taxpayer by a government organization…
Q: what is an example of value added taxes
A: Value-added tax (VAT) refers to the consumption tax which is imposed on a commodity once the value…
Q: The key to reducing one's tax liability is to a. reduce taxable income b. reduce gross income
A: Tax liability of an individual can be reduced by lowering its taxable income. After calculating for…
What is the main disadvantage of a value added tax?
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