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  • A Sound Tax System

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    is lara
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    Our tax system remains outdated and contrary to the basic principles of a sound tax system. Cynthia taylor: Taxes must be based on the taxpayer's ability to pay; c. Administrative feasibility. She says the tax should be clear to the taxpayer, not burdensome and discouraging to businesses.

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    Our tax system remains outdated and contrary to the basic principles of a sound tax system. Cynthia taylor: Taxes must be based on the taxpayer's ability to pay; c. Administrative feasibility. She says the tax should be clear to the taxpayer, not burdensome and discouraging to businesses.

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    © All Rights Reserved
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    39 visualizações1 página

    A Sound Tax System

    Enviado por

    is lara
    Our tax system remains outdated and contrary to the basic principles of a sound tax system. Cynthia taylor: Taxes must be based on the taxpayer's ability to pay; c. Administrative feasibility. She says the tax should be clear to the taxpayer, not burdensome and discouraging to businesses.

    Direitos autorais:

    © All Rights Reserved
    Baixe no formato DOCX, PDF, TXT ou leia online no Scribd
    Sinalizar o conteúdo como inadequado
    de 1

    A SOUND TAX SYSTEM

    It is surprising that despite the fact that we have a lot of tax experts and
    economists in the country, our tax system remains outdated and contrary to the
    basic principles of a sound tax system:
    a. Fiscal adequacy. The sources of revenues, as a whole, should provide enough
    funds for the government;
    b. Theoretical justice. Taxes must be based on the taxpayers ability to pay;
    c. Administrative feasibility. The tax should be clear to the taxpayer, not
    burdensome and discouraging to businesses, convenient as to time and manner
    of payment, and capable of enforcement by competent public official.

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