This article describes canons of TAXation and describes characteristics of a ‘good TAX’. It also explains three different TAX systems.
Posts tagged as “TAX”
This article is about supply. It shows The Supply Curve and helps to understand that a rise in price will lead to a rise in supply.
Profit and Loss Account (P&L Account), or an income statement, contains financial data which business stakeholder groups find extremely useful.
In order to achieve economic objectives, the government will affect the economic activities. It will be done by arranging changes in TAXes.
The government budgetary decisions will be mainly concerned with raising the money from TAXes, and then spending the money on public projects.
Government spending means the government spending money on government-sponsored projects in industries owned and controlled by the state.
Different businesses on the market will be impacted to a various degree by the government involvement in markets.
This section introduction to economics includes government influences on economic, environmental, legal and ethical issues, and impact different business functions.
The politics and regulations of businesses have tremendous influence on firms, customers and competitiveness on the market.