Classification and elements of taxes levied

Assignment Help Taxation
Reference no: EM132926257

Project on "Federal Taxation System Across Top Economies"

Objective of the Project:
This project is to study the federal taxation system prevalent in 11 key economies of the world. This project is expected to acquaint the students with the knowledge and understanding of Taxation System in those economies.

Methodology of Study

The project involves a study of:
a. Types, Classification and Elements of Taxes levied on Individuals, Business and other Entities

Direct and Indirect Taxes, with details of taxes such as VAT, GST, Income Tax, Corporate Tax, Sales Tax, Gift Tax, Estate Duty, Excise Tax, Service Tax etc.,
b. Basic Structure of Tax Laws (Names / Title of Acts, Laws / Code/ Rules / Statutes / Decree etc., governing the Taxes)
c. Methodology of Administration of Taxes
d. (Names) Forms / Returns to be filed by Assessees
Evaluation of the Project Report
Evaluation of the project is based on the following aspects.
a. Project Report
Due consideration will be given to the scope and extent of coverage. The project report can be presented in PDF or Word Document. The length of the project report has to be around 3000 words.

b. Presentation
Each Group will be presenting its report. Time allotted for each group is 15 Mins.

c. Quiz
Presentation will be followed by a quiz for 5 mins.

Reference no: EM132926257

Questions Cloud

How generational diversity affects the work implications : Are you as a leader able to maintain a personal friendship with some member(s) of your work group or a team without creating the perception of favoritism?
How many funds are required to start : How will you obtain funds for the project? You are starting a new company and want to ensure organizational success through operational
Why do so many organization spend money on enterprise system : Why do so many organizations spend money on enterprise systems yet they seldom use them to their maximum potential? Is it a data problem or a cultural problem?
Prepare the journal entry at January : Lopez's bonus expense is computed as $14,563. Prepare the journal entry at January 19, 2018, to record payment of the bonus to employees
Classification and elements of taxes levied : Classification and Elements of Taxes levied on Individuals, Business and other Entities Direct and Indirect Taxes, with details of taxes such as VAT, GST
How do handle new capabilities that technologies enable : How do handle new capabilities that technologies enable? Will societies need new laws, new social mores, to protect us from ourselves regarding technology?
What is the capital gains yield on these bonds : Question - A 20-year, $1,000 par value bond has a 7.50% coupon rate with interest paid semiannually. What is the capital gains yield on these bonds
What is artificial intelligence : What is artificial intelligence (EI); artificial intelligence (AI) is here to help us, not replace us; AI will eliminate specific job categories
What is the cost of the dining room set today : Maria got a dining room set for which she will pay $ 123.75 monthly for two years, with a financing rate of 1.4% per year. What is the cost of the dining room

Reviews

Write a Review

Taxation Questions & Answers

  Republican candidate donald trump

He just released a book called "Crippled America" on Tuesday November 3, which promotes a whole chapter on his strategies and how he will go forward with his suggested tax plan. Although the book may be well edited, and the plan as Donald puts it, ha..

  Calculate cindys net capital gain for current financial year

MLC 703- PRINCIPLES OF INCOME TAX LAW - Critically discuss the whether capital gains should be subject to a 50% discount. Please consider this in the context of fairness, economic efficiency, protection of government revenue and any other relevant ..

  How much do you need to invest today to reach that desired

How much do you need to invest today to reach that desired amount 12 years from now?

  Prepare a 2016 form 1065

TAX 496; Preparation Problem. Using the information below, prepare a 2016 Form 1065 (pages 1 - 5) along with the accompanying schedule(s) K-1

  Which is most important to the business and why

Which is most important to the business and why? What are the consequences a company may face if either of these is ignored?

  How must tax liability will mason incur from transfer

Explain what type of merger this is. JIM distributes its stock and cash to Mason in exchange for all of its assets -  How much of this gain will Mason recognize?

  Justify percentage of ownership the clients daughter

TAX 655 Milestone Two Guidelines and Rubric - Explain the tax effect based on providing $180,000 per year for the client's salary and $70,000 per year for his daughter's salary if they withdraw cash from the business or pay dividends as appropriate..

  Identify and critically analyse taxation issues

Identify and critically analyse taxation issues - Interpret the relevant taxation legislations and case law and Apply taxation principles to real life problems

  Substantial valuation misstatement penalty

Purposes of this analysis, assume that the United States has entered into an income tax treaty with the countries in question that is identical to the United States Model Income Tax Convention of November 15, 2006.

  Discuss the single most important or surprising lesson

Discuss the ways in which you anticipate using what you have learned in your current or future career. Provide specific examples to support your response.

  Prepare george and elaines form 1040 for 2016 by hand

ACCT 413 - Tax Return Assignment - Prepare George and Elaine's Form 1040 for 2016 by hand and and please do not use any tax software for this assignment If you have numbers that are derived from tax software, you will receive a zero.

  Advise johns employer of the fbt consequences

Advise Johns employer of the FBT consequences of Johns remuneration package - Explain the GST consequences of arrangement for both parties.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd