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The VAT, it’s invariably among the most important sources of government revenue. Not all is so good for VAT, however. Some of problems have always been inherent in the structure and operation of VATs but are exacerbated by the increased…

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Tax noncompliance is a range of activities that are unfavorable to a state's tax system. This may include tax avoidance, which is tax reduction by legal means, and tax evasion which is the criminal non-payment of tax liabilities. The use of…

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Petroleum Revenue Tax (PRT) is a direct tax collected in the United Kingdom. It was introduced under the Oil Taxation Act 1975, soon after Harold Wilson's Labour government returned to power and in the immediate aftermath of the 1973 energy…

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A tax advisor or tax consultant is a person with advanced training and knowledge of tax law. The services of a tax advisor are usually retained in order to minimize taxation while remaining compliant with the law in complicated financial…

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IRS tax help refers to the free tax help offered by IRS. It is considered as the easiest way to get tax help. Every tax year, Americans shell out $7.5 billion to get help from tax professionals to prepare their tax returns. IRS tax help is…

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Duty evasion is the against the law evasion of fees by individuals, businesses, and trusts. Duty evasion often requires taxpayers intentionally misrepresenting the real state of these affairs to the duty authorities to lessen their tax…

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Taxation in britain may involve obligations to at the least three different degrees of federal: the central authorities (Her Majesty's Income and Traditions), devolved government authorities and municipality. Central government earnings…

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While American citizens are troubled with IRS tax debt in the middle of an economic down fall, the IRS may appear as the bad guy; because the IRS is still knocking door to door to collect back taxes. The IRS is not in the wrong to ask a…

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Stamp duty in the United Kingdom is a form of tax charged on legal instruments (written documents), and historically required a physical stamp to be attached to or impressed upon the document in question. The more modern versions of the tax…