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3 years ago

with reference to relevant legislation , case law, and secondary sources briefly explain different functions of taxation

Business

1 answer:

svetlana [45]3 years ago

8 0

Answer:

Tax is a statutory obligation to pay an amount to the state or other public body, which is imposed on a person or company on the basis of their activities, without a direct connection to consideration from the payee. The main purpose is usually to finance the public sector. The tax can also have other purposes, such as equalizing income or influencing people's actions with the help of financial incentives.

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Business messages typically follow either a direct strategy or an indirect strategy. The direct strategy, or frontloading, place

UkoKoshka [18]

Answer:

The statement is: True.

Explanation:

In Business writing, there are two methods of composing a message. The direct strategy starts by providing the purpose of the message at the beginning and adds supporting details in the body. The indirect strategy starts by providing supporting details to attract the audience and ends giving the main idea of the speech.

6 0

3 years ago

Question: According to a Honda press release on October 23, 2006, sales of the fuel-efficient four-cylinder Honda Civic rose by

inysia [295]

<h2>Answer:</h2><h2>i don't know </h2>

Explanation:

<h2>because im a grade 3 </h2>

4 0

3 years ago

Acme Home Lending offers home equity loans up to 80% of the home value for its customers. If Sally Johnson has a home valued at

EastWind [94]

Answer:

She can borrow $110,000 in a home equity loan from Acme

Explanation:

Home equity loan is available to the 80% of the Home value. sally has already a mortgage of $50,000 so she can only borrow the differential amount of Allowable loan and existing loan.

As per given data

Home value = $200,000

Allowable Loan limit = $200,000 x 80% = $160,000

Existing Loan = $50,000

Available limit of Loan = Allowable Loan limit - Existing Loan = $160,000 - $50,000 = $110,000

She can borrow $110,000 in a home equity loan from Acme

7 0

3 years ago

Your birthday is next week and instead of other presents, your parents promised to give you $2,200 in cash. Since you have a par

vfiekz [6]

Answer:

Interest revenue from the CD 470.04

Explanation:

we will calcualte the future value of the CD and from there calculate the interest:

$Principal \: (1+ r)^{time} = Amount$

Principal 2,200.00

time 8.00 (2 years x 4 quarter per year)

rate 0.02450 (9.8% divided by 4 quarter per year)

This divisions and multiplication are done to make time and rate be express i nthe same metric.

$2200 \: (1+ 0.0245)^{8} = Amount$

Amount 2,670.04

Now, we calculate interest revenue:

Amount - Principal

2,670.04 - 2,200 = 470.04

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3 years ago

Go follow my meme page on Insta gram please I just started it

Roman55 [17]

Answer:

. ...........

Thank you

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3 years ago

Read 2 more answers