Such investment is often undertaken with a view to minimizing the overall tax burden of a company and may also be undertaken to hedge against currency movements.

Hope the taxpayers can afford it.

The granting to seniors of exemptions and facilities that relieve them of the burden of taxes and rates in all areas.

The total tax burden on families also includes sales taxes, which are steeply regressive, and property taxes, which are progressive. Total personal taxes are mildly progressive, increasing steadily as a share of income from 14 at the 10th percentile to 28 at the 90th percentile, but then falling off sharply to 22 at the top, owing to the favorable treatment of capital gains and investment income, the wage cap on social security taxes, and the sharp regressivity of sales taxes.

This is affordable for the lowest 30 per cent of the population or families with monthly incomes of 5,000 pesos.

China could usefully explore shifting part of the burden from labor toward property, capital gains, and inheritance taxes. Larger dividends paid to the budget from the highly profitable state enterprise sector could also provide an alternative source of funds.

One key idea was to lighten the tax burden on labor . Taking into account the personal income tax and various social contributions, taxation of labor income in China is too high . To be sure, taxes are needed to finance social spending, but revenue sources other than taxes on labor income could do the job. China could usefully explore shifting part of the burden from labor toward property, capital gains, and inheritance taxes.

While average agricultural income grew by 90 in the 1994 97 period, the rural tax burden jumped by 800 . More than 300 taxes and fees have been imposed on peasants by all levels of government.

Their main function is to collect taxes from the municipality.

(a) Fiscal incentives reduce the tax burden for a foreign investor.

30. The Government has reformed the tax structure, reducing overall rates while widening coverage through improved efficiency in collection.

Lan Min, the head of Personal Income Tax Division of Shanghai Tax Bureau of the State Administration of Taxation, said.

Income is derived from business taxes and duties imposed at the airport and seaport of Kismaayo, which make up the majority of the total earnings.

It is incumbent upon the Directorate General of Customs and Special Taxes on the Consumption (DGAIEC) The Portuguese Board of Customs Ministry of Finance.

If the Chairman of the Majlis is unable to assume the duties of the President, they will be assumed by the Prime Minister.

The Government and Parliament must finally decide to substantially lessen the tax burden.

When governments think about the difficult task of raising taxes, they usually think about income tax, business taxes, and value added tax (VAT). But there are other taxes that can raise significant amounts of revenue with a much less negative impact on the economy.

C. Balance of payments constraint and the debt burden

In many developing countries, total tax revenue is derived from three main sources domestic taxes on goods and services (sales and excise taxes), direct taxes (primarily on corporations), and, most important, taxes on foreign trade (import duties). But, as trade liberalization has lowered tariffs and duties, the share of trade taxes has declined, while other sources have not compensated for falling trade revenue.

Total business receipts (subject to gross revenue tax) rose by 7.8 per cent in 1996 to 5,612.9 million.

But a rate cut would be costly in terms of foregone revenues each percentage point would reduce corporate tax revenues by about 100 billion over the next decade. Moreover, recent studies indicate that a significant share of the corporate tax burden falls on capital, so a reduction in corporate taxes would weaken the progressivity of the tax system at a time when income inequality is at an all time high.

Where a child is being advised on the courses to follow, the parents' views are taken into account, as far as possible.

There was thus a case for external financing during the transitional period of adjustment to meet the cost of such SME support programmes until tax revenue could recover.

A system of local officers is in charge of collecting revenue at both the seaport and airport.

The Israeli authorities are pursuing a taxation policy that the Arab citizens of the Golan cannot possibly afford, as it requires income far in excess of their earnings.

Second, the tax pressure should be not just eased but radically streamlined through the introduction of a single tax on agricultural activities.

Receiving young refugees is not just a burden.

The distortionary effects of a wealth levy would also be exacerbated by concerns that the temporary levy would not be a one off tax. After all, most temporary taxes come for lunch and stay for dinner.

Half of tax revenue is collected with a value added tax, which is essentially a tax on consumption. Although there is a tax on corporate income, it is integrated with personal taxes in a way that reduces its adverse effect on investment and production.

Or do you demand any wages from them so that they are burdened with expense?

Or do you (O dear Prophet Mohammed peace and blessings be upon him) ask any fee from them, so they are burdened with the penalty?

Or askest thou them for a wage, and so they are weighed down with debt?

Or askest thou a hire from them so that they are with debt laden?

Or is it that you (O Muhammad SAW) ask a wage from them (for your preaching of Islamic Monotheism) so that they are burdened with a load of debt?

Or do you demand a payment from them, and they are burdened by debt?

Or is it that you ask of them any recompense so that they should fear to be weighed down under the burden of debt?

Or askest thou (Muhammad) a fee from them so that they are plunged in debt?

Do you ask them for a reward, so that they are wary of being weighed down with debt?

Or, do you ask them for a wage, so that they become weighed down in debt?

Or do you, O Muhammad , ask of them a payment, so they are by debt burdened down?

Do you (Muhammad) ask them for any payment (for your preaching) which they cannot afford?

Or do you ask them for a reward, so that they are overburdened by a debt?

Or do you ask them for a reward, so that they are over burdened by debt?

Or is it that thou dost ask for a reward, so that they are burdened with a load of debt?

336. In general the incomes of a couple are subject to separate taxation.