Goods and Services Tax

The political system influences economic policy. Investors may be threatened suddenly. Differences Cultural between countries may diverge. The product should be suitable for local needs. And investors need to spend more money to establish a good business relationships in order to sell more products and get more profits. (Buzzle, 2016). (c) Evaluate Baskin 's investment in two places Abstract This paper evaluates the potential risks of Baskin 's investment in two countries and analyzes the…

disagreement they had about the tax on whiskey. After the Revolutionary war, the United States had borrowed money to meet expenses. Government needed to find a way to pay all those debts and the only possible way for them was to add on taxes. “In 1791 Congress placed an excise tax on whiskey; an idea suggested by Secretary of the Treasury Alexander Hamilton as a measure to help retire the…

1 The Cosmetic Industry 1.1 Cosmetic product consumption Human beings are naturally very conscious about their health and beauty. Though the intensity of this varies depending on the countries, gender, culture etc. And for majority the term ‘ beauty ‘ means to have a healthy skin and hair. So even before the discovery of the newly made chemical formulas people have found different ways to exist beautiful. And today the magnitude if this consciousness have increased tremendously, and as a…

Prostitution has been a massive industry in countries and cities where it has been decriminalized. The tax revenue coming from legal brothels have been a major source of income and it has created more opportunities for the unemployed. The only place in the United States where prostitution is currently legalized is in the state of Nevada in certain cities…

The policy will bring the greatest good when considering all policies because all stakeholders will continue to have a role to be played in the system once regulations are established. Security of property improves among all stakeholders, the systems legalities are strengthened, and privacy…

• 90% of Canada’s direct and indirect salmon farming jobs, including direct 10,000 fulltime jobs are in coastal, rural, and aboriginal communities (where other job opportunities are small). • Stable employment for 6000 people in direct supply and service jobs, and the income and jobs of many of them go to BC’s aboriginal communities. • Jobs include year-round part time and fulltime (80%)…

provide food. Although federal and state government have more responsibility than local government when it comes to funding services for senior citizen, local government has the responsibility of collecting data on the number of people eligible for Social Security and Medicare. Local government is also required to determine the number and location of hospitals, health service centers, and retirement homes. It’s also required for transportation to be available for all locations in all…

Is there the same burden for people on minimum wage, big cooperation and the upper class when paying taxes? According to Wikipedia “Progressive tax is a tax in which the tax rate increases as the taxable income amount increases.” It was a contentious issue for individuals as it is based on how they define equality. “Progressive tax was introduced and implemented in 1978 in Britain by Prime Minister William Pitt. It was now used in some countries to ensure that every one gets social benefits and…

is an important career in society because they are the heart of handling money. There are accountants that help their clients through many different aspects of finances. There are different departments in accounting such as managerial accountant, or tax account, and even government accountant. “Accountants and auditors perform overviews of the financial operations of a business in order to help it run efficiently” ("Accounting is About More than Crunching Numbers: Learn What Other Duties an…

Jeffrey Miron (2012), if marijuana were taxed similar to all other goods, it would generate a tax revenue of about $2.4 billion annually, and if it were taxed at rates similar to alcohol and tobacco, that figure will increase to $6.2 billion annually. In Washington, there is a 25% excise tax on marijuana, while in Colorado, a proposition has passed to approve a 15% excise tax as well as a 10% sales tax on marijuana. With these tax rates, it is “expected to raise hundreds of millions of dollars…