Tag Archives | Taxation

Tax Planning Strategies Adopted by MNCs | International Trade

The location of a business and structuring of a company's activities to take advantage of low tax opportunities, with the aim of optimizing taxes, is called tax planning. It is both a tax reduction and tax avoidance mechanism. The objective of tax planning is to reduce (rather than minimize) a group's tax burden and its effective tax rate. MNCs use [...]

By |2017-12-07T08:48:21+05:30December 7, 2017|Tax Planning|Comments Off on Tax Planning Strategies Adopted by MNCs | International Trade
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Taxation: Principles and Forms | Accounting

After reading this article you will learn about the principles and forms of taxation. Principles of Taxation: Taxation is required to cover Government expenditures such as cost of: (i) Administration, (ii) Defence from external aggression, (iii) Police for the maintenance of law and order, (iv) Judicial courts for administration of justice, (v) Schools and colleges for giving education to people, [...]

By |2017-02-06T21:13:28+05:30February 6, 2017|Accounting|Comments Off on Taxation: Principles and Forms | Accounting
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