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英国和孟加拉国的税收 Taxation in the UK and Bangladesh

论文作者:www.51lunwen.org论文属性:作业 Assignment登出时间:2017-09-27编辑:cinq点击率:11579

论文字数:2000论文编号:org201709271450461709语种:英语 English地区:英国价格:免费论文









Introduction 简介

taxation: It is concerned with the tradition of a countries government acquiring monetary fund from its countries populace in order for them to fund their public services. [1]

For instance, taxation is used to build and maintain its public roads, public libraries, parks etc. Taxation is also used to support the countries security services like the police, army, etc.

Task 1

Taxation plays a crucial role for countries throughout worldwide. However, here we are going to discuss brief descriptions of “Taxation in United Kingdom (U.K.)” and “Taxation in Bangladesh”.

UK has a rather elaborate tax environment and it has several types of taxes, function and purpose, revenue law and practices. They are described below.

Function and Purpose of Taxation in Modern Economy in UK

Government’s tax policies in the UK are affected by the following factors

Economic Factors
Social Factors
Environmental Factors
Economic Factors

Net position in connection with taxation and expenditure of the government, along with the borrowing protocol of its public sector has an influence upon the UK’s level of economic activities.

Countries government generally prefers long-term planning which illustrates the capacity of the total resources of the economy which the government will allocate and the amount be given for the private sectors.

Demand for specific kinds of goods will be influenced. Different sectors level of employment along with different private sector supplier’s profitability will be influenced by the changes in the demand level.

Tax policies are used by the government in order to inspire and demoralize specific kinds of activities.

Government believes that the latter taxes and duties reflect the additional costs for the entire country. Nonetheless, Government requires increasing fund in order to invest in particular area where there aren’t any consumers upon which the essential taxes can be subjected to tax like: defense, law and order, overseas aid and also the expenditure required for operating the Government and Parliament.

Social Factor

It is usually considered by some as a “Fair” way to go about, while on the other hand other may think of it as an en masse “Unfair” way to do things.

For instance, some particular people in the free market are able to muster much larger quantity of income and capital in comparison to other people. Finally whenever the wealth is amassed it only leads to the growth of that wealth through the means of reinvestments of investment income that they gained. This ultimately ends up in the rich amassing more wealth and the poor getting even poorer, which leads to the economic scale being out of balance; meaning that economic power mainly focused in the hands of few individuals.

Taxation policies are there to counteract the problem of economic scale being out of论文英语论文网提供整理,提供论文代写英语论文代写代写论文代写英语论文代写留学生论文代写英文论文留学生论文代写相关核心关键词搜索。

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