principles of taxation ppt

Taxes ongasoline Ability to Pay - The moreyou make the more youshould pay. Activate your 30 day free trialto continue reading. You can read the details below. Principles of Taxation 108 Views Download Presentation Principles of Taxation. employees versus self-employed family compensation planning nontaxable employee fringe benefits stock options employee-related expenses qualified versus nonqualified retirement plans Slideshow 4465546 by edie Show how leverage reduces the after-tax cost of assets. Christie is in the 15% bracket. Taxation requires nexus - degree of contact between business and state . They helped me a lot once. good and a bad tax By accepting, you agree to the updated privacy policy. Dependent must be a U.S. citizen OR a resident of, Phase-out of itemized deductions - If AGI greater, Phase-out of exemptions - IF AGI greater than, See AP 4 and 5 for practice with tax rate, AP4 Would Ms. G and Mr. H prefer married or, AP5 Would Mr. P and Mrs. P prefer married or, Child Credit ____ per child in 2000. Principles of Taxation. Principles of Taxation - PowerPoint PPT Presentation. This is part 1 of chapter 2 of Income taxation for non-BSA by Ampongan. If youre struggling with your assignments like me, check out www.HelpWriting.net . Clipping is a handy way to collect important slides you want to go back to later. IF the exchange of ABC for XYZ were nontaxable, she could defer paying tax on 800, and could obtain a full 1000 value of XYZ stock. You might even have a presentation youd like to share with others. accumulated earnings tax, personal holding company tax, tax rates on members of a controlled group. 01 General Principles of Taxation 1. 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Estimated taxes on other income due on what, Pay ___ of current year tax, ____ of prior year, Tax return due ___/15, but may be extended to. By accepting, you agree to the updated privacy policy. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. PowerShow.com is a leading presentation sharing website. Use recovery period, method and convention to compute MACRS depreciation. Now customize the name of a clipboard to store your clips. Title: Principles of Taxation 1 Principles of Taxation. Now customize the name of a clipboard to store your clips. It appears that you have an ad-blocker running. Principles of Taxation. 1. PowerShow.com is brought to you byCrystalGraphics, the award-winning developer and market-leading publisher of rich-media enhancement products for presentations. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. Inherent Powers of the State Taxation - The power by which the sovereign raises revenue to defray the If married on the ______ day of the year. Looks like youve clipped this slide to already. . Standard deduction versus itemized deductions. Ferdinand C. Importado By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Objectives. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Police power is that inherent right of government to pass laws and regulations to promote good health, public order, and safety in the society. Free access to premium services like Tuneln, Mubi and more. And, best of all, it is completely free and easy to use. Compute FICA taxes and self-employment taxes. She wants to rebalance her portfolio and buy 1000 of XYZ stock instead. Download Share. Updated on Apr 07, 2019 PamelaLan + Follow subsidiary tax costs form doctrine Activate your 30 day free trialto unlock unlimited reading. Objectives. 1. Title: Principles of Taxation 1 Principles of Taxation. <ul><li>Inherent power of the sovereign, </li></ul><ul><li>exercised thru the legislature, </li></ul><ul><li>to impose burdens upon the subject and object within its jurisdiction, </li></ul><ul><li>for the purpose of raising revenues to carry out the legitimate objectives of the government. MGMT 932 ; Local Public Economics and Business Strategy ; Session 3 April 3, 2006 ; Professor Therese McGuire; These slides are for exclusive use in MGMT 932 at the Kellogg School of Management, Northwestern University. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Now customize the name of a clipboard to store your clips. You provide gt _______ financial support. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. The Principles of Taxation 1. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. Now customize the name of a clipboard to store your clips. Chapter 4 Basic Maxims of Income Tax Planning. The SlideShare family just got bigger. Free access to premium services like Tuneln, Mubi and more. Title: Principles of Taxation 1 Principles of Taxation. If so, share your PPT presentation slides online with PowerShow.com. A home office used exclusively for administrative or management activities . The SlideShare family just got bigger. We've updated our privacy policy. You can read the details below. I. This is refundable - a, Excess FICA withholding is refunded through a tax, Taxable income or - adjustments preferences, Locate a form 6521 on your Turbotax program or on. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. This is an overview chapter. Chapter 14 ; Compensation and Retirement; 2 Objectives. Show how leverage reduces the after-tax cost of assets. Principles of Taxation. Principles of Taxation - PowerPoint PPT Presentation. The PowerPoint PPT presentation: "Principles of Taxation" is the property of its rightful owner. Fiscal adequacy The source of government revenue should be efficient to demand the needs of public expenditure. Objectives. Constructive dividends limit corporate tax avoidance. Free access to premium services like Tuneln, Mubi and more. the government enacts taxes Principles of Taxation. Centre, Jamkhandi. IF the exchange of ABC for XYZ were nontaxable, she could defer paying tax on 800, and could obtain a full 1000 value of XYZ stock. Activate your 30 day free trialto continue reading. 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Principles of phil taxation University of Santo Tomas 6.6k views Presentation On Withholding Taxes Vikram Singh Sankhala Vikram Sankhala IIT, IIM, Ex IRS, FRM, Fin.Engr 3.2k views Tax Structure In Thailand purohitsanjay1 2k views Personal Income Tax MDKaiumHossain1 71 views Chapter 4 tax Lizzette Danan 9.9k views Fundamentals of taxation Like www.HelpWriting.net ? 11, 2012 18 likes 14,121 views Download Now Download to read offline abiodunmamora Follow Advertisement Recommended Taxation Tilleke Gunalatika 22.9k views 41 slides Tax planning,evasion and avoidance priyanka naik 19.6k views 10 slides Corporate tax planning We've encountered a problem, please try again. Objectives. Whatever your area of interest, here youll be able to find and view presentations youll love and possibly download. - A free PowerPoint PPT presentation (displayed as an HTML5 slide show) on PowerShow.com - id: 1a816e-ZDc1Z By accepting, you agree to the updated privacy policy. Tax 111 Income Taxation If spouse incomes very similar, single rates, If spouse incomes dissimilar, married rates, widow or widower with a _______ child for how, MFS (married filing separately) rates are less, Single is the default category for unmarried, Calculate total income totaling Line ___ on, Calculate Adjusted Gross Income (AGI) on Line, Bunching. General principles/Fundamentals of Taxation Phil Taxation 32.7k views Indirect Tax Basic Dhananjay Singh 10.1k views Taxation 3 Dhii Anne 2.6k views Blt 134 chapter 1 Bong Retonel 15.2k views Tax background1 Keshav Rao 3.9k views TYPE OF TAXES (APPLIED ECONOMICS) DepEd - DIS 732 views Ppt 1 taxation Khushboo Singh 2.3k views Economical Taxes should be cheap and easy to collect This will maximise revenue earned from it Costs of collection are low Aquinas College Economics Department 3. - A free PowerPoint PPT presentation (displayed as an HTML5 slide show) on PowerShow.com - id: 15b0e7-ZDc1Z Tax Avoidance. Investors pay tax on their share of entity income. ECON4 The Principles of Taxation How to distinguish between a 'good' and a 'bad' tax Aquinas College Economics Department 2. Personal exemption for the taxpayer (2 for MFJ). Chapter 14 Compensation and Retirement Planning. Advanced Mathematical Economics (Routledge Advanced Texts in Economics and Fi Do Canadians have trust with Justin Trudeau Government - December 8, 2022.pptx, PrinciplesofManagement_03_PlanningAndMission.pptx, Public Sector - United States - How to Transform Government - October 2022.pptx, No public clipboards found for this slide. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. The SlideShare family just got bigger. And, again, its all free. 1. Describe how taxable year relates to operating cycle. Dependent care credit (child lt 13 years old). Principles of Taxation. We've updated our privacy policy. Well convert it to an HTML5 slideshow that includes all the media types youve already added: audio, video, music, pictures, animations and transition effects. Taxes as Household Expenditures - tax bite is 3 / 8 hours. Phases. Introduction to Students. Activate your 30 day free trialto unlock unlimited reading. Palpap Ichinichi Software International Ltd. A critical research study on the impact of virtual reality.docx, ApplicationofthePESTAnalysisforStrategicPlanningByRonaldBuye.docx, CodeofEthics-Rules-Professional-Conduct-1.pdf, No public clipboards found for this slide. Weve updated our privacy policy so that we are compliant with changing global privacy regulations and to provide you with insight into the limited ways in which we use your data. Objectives. Dependent may not generally file a joint return. a tax basis of 200. Taxation 101 basic rules and principles in philippine taxation by jr lopez go Income and Business taxation - Senior High School, Current issues problems and solutions in taxation(4 16-14), Rani Channamma University P.G. Principles of TaxationChapter 6Property Acquisitions and Cost Recovery Deductions Objectives Expense versus capitalize Define tax basis and adjusted basis. Worldwide taxation and foreign tax credits . Activate your 30 day free trialto unlock unlimited reading. Our product offerings include millions of PowerPoint templates, diagrams, animated 3D characters and more. She wants to rebalance her portfolio and buy 1000 of XYZ stock instead. Explain realization and matching principles Cash versus accrual methods GAAP versus tax conservatism Book-tax income differences Constructive receipt 1 / 20 } ?> Actions. Taxes as Business Costs - Maximize after-tax values - why is this different from tax minimization? Learn faster and smarter from top experts, Download to take your learnings offline and on the go. It appears that you have an ad-blocker running. It's FREE! Explain effect of sole proprietorship on individual tax return. It has millions of presentations already uploaded and available with 1,000s more being uploaded by its users every day. Describe requirements for home office deductions. of Taxation Free access to premium services like Tuneln, Mubi and more. principles of taxation. Define tax basis and adjusted basis. 1 Principles of Taxation Chapter 13 The Individual Tax Formula 2 Objectives Filing status Computing taxable income Standard deduction versus itemized deductions Exemptions Tax rates Credits and AMT Payment and filing requirements 3 Filing Status - Married If married on the ______ day of the year. ECON4 Partnerships (includes LLCs) and S Corps are not taxed as entities. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. CPA, MBA. Activate your 30 day free trialto unlock unlimited reading. Home office deduction . Creative commons licenses for aquinas economics a2, CC License Documentation aquinaseconomicsas.co.uk, LITERARY GENRES, TRADITIONS, AND FORMS ACROSS THE WORLD - LESSON 2.pptx, igcse-geography-coastal-management-case-study.pptx, ESSENTIALS FOR TEF CANADA EXAM PREPARATION.pdf, No public clipboards found for this slide. Principles of Taxation General Principles of Taxation Learning Objectives At the end of the chapter, learners will be Study Resources Compute cost of goods sold. The SlideShare family just got bigger. Chapter 5 Taxable Income from Business Operations. Centre, Jamkhandi, General principles-of-taxation.pptx-joni-2, Kinds of Taxes Under Existing Philippine Laws, Taxing powers, scope and limitations of nga and lgu, chapter 13 taxation in the Philippine setting, General principles/Fundamentals of Taxation, Disability in Structural Funds Regulations 2014-2020, Latest Updates And All Latest Issues Of Income Tax India, Basic Economics With Taxation And Agrarian Reform boa, Basics of income tax assessments and appeals, 01. introduction to taxation ICAB, KL, Study Manual. We've encountered a problem, please try again. Compute cost of goods sold. Did u try to use external powers for studying? Chapter 6 Property Acquisitions and Cost Recovery Deductions. Click here to review the details. in our taxation system there are two parties involved ; the taxpayer who pays the taxes and the government which collects them. Chapter 17 The Tax Compliance Process. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. ( sales reps do not create nexus) . Pass-through losses ; After-tax cash flows to individual investor ; Family income shifting ; Partnership versus S Corp characteristics ; Closely-held corporations Learn faster and smarter from top experts, Download to take your learnings offline and on the go. Introduction to Taxation our purposes, the sections on tax structure, types of tax, tax administration, and understating the tax law will be relatively - PowerPoint PPT presentation We've encountered a problem, please try again. General Principles employees versus self-employed ; By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Unfortunately, if she sells ABC and buys XYZ, she must pay tax on the 800 gain on ABC, and wont have 1000 to spend on XYZ. Title: Principles of Taxation 1 Principles of Taxation. Activate your 30 day free trialto continue reading. Late-filing and late-payment penalties Statute of limitations 3 types of IRS audits Negligence or civil fraud, criminal fraud penalties Trial and appeal courts Transferee liability and innocent spouse rule. Expense versus capitalize. Tap here to review the details. 3 Passthrough entities. Actions. Click here to review the details. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. You can read the details below. </li></ul> f it is a means of raising funds for the operations of the government, especially its public services. requirements for home office deductions. PRINCIPLES OF BUSINESS TAXATION 1 of 18 PRINCIPLES OF BUSINESS TAXATION Mar. - A free PowerPoint PPT presentation (displayed as an HTML5 slide show) on PowerShow.com - id: 19e6c-ODBlN Slideshow 2910637 by holden 1 / 29 . This is a tax planning chapter - HOW to use rules. We've updated our privacy policy. Creating new taxes or new tax machinery or by merely changing the rates applicable to existing taxes. Description:. View General_Principles_of_Taxation.ppt from CBA BSA at University of Batangas. Aquinas College Economics Department. Remove this presentation Flag as Inappropriate I Don't Like This I like this Remember as a Favorite. 4 It appears that you have an ad-blocker running. You can read the details below. waived for child lt ___ OR student-childlt___. Activate your 30 day free trialto continue reading. Tap here to review the details. Taxes on wages are withheld each pay period. Earned income credit. Chapter 2 ; Tax Policy Issues Standards for a Good Tax; 2 Tax Policy Issues. Chapter 9 Sole Proprietorships, Partnerships, and S Corporations. Taxing powers, scope and limitations of nga and lgu, General principles-of-taxation.pptx-joni-2, chapter 13 taxation in the Philippine setting, General principles/Fundamentals of Taxation, Kinds of Taxes Under Existing Philippine Laws, Rani Channamma University P.G. . From energy crisis to shared responsibility: a possible step? Finance Head for Special Projects at Philippine Tuberculosis Society, Inc. Clipping is a handy way to collect important slides you want to go back to later. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. Looks like youve clipped this slide to already. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. MFJ (married filing joint) rates If spouse incomes very similar, single rates generate lower tax . . Although the history is interesting, for 1 Unit 01. Chapter 11 ; The Choice of Business Entity; 2 Choice of Entity. The Standards for a Good Tax ; Income and Substitution Effects ; Equity Issues ; Tax Rate Structure; 3 The art of taxation consists in so plucking the goose as to obtain the largest possible amount of Taxation 101: Julius M. AbesJulius M. Abes 15 June 2015Basic Rules and Principles in Philippine Taxation It is the inherent power by which the sovereign state imposes financial burden upon persons and property as a means of raising revenues in order to defray the necessary expenses of the government (Tax Digest by Crescencio Co Untian, 2002). Clipping is a handy way to collect important slides you want to go back to later. PART 1 : GENERAL PRINCIPLES AND CONCEPTS OF TAXATION Taxation: An Inherent Power of the State The government has 3 inherent powers: Police Power, Eminent Domain and Taxation. Unfortunately, if she sells ABC and buys XYZ, she must pay tax on the 800 gain on ABC, and wont have 1000 to spend on XYZ. Powers and functions of local governments, Demokrasi, pembangunan dan perpajakan sesi 4, Government revenue(Public Fiscal Administration), 01. introduction to taxation ICAB, KL, Study Manual, The role of the government in the economy. If so, just upload it to PowerShow.com. If itemized deductions are about equal, Example My dad gives 5,000 to charity each. 12. Cash distributions are . Characteristics of a sound Tax system Fairness Clarity and Certainty Convenience Efficiency TWO PRINCIPLES of TAXATION "Who pays What" is basedon two principles: Benefit Principle - Themore you benefit fromsomething, the more youshould pay. Basic principles of sound tax system Fiscal adequacy Equality or theoretical justice Administrative feasibility 11.