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  • Taxation

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    tebi2914
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    This document discusses taxation and defines direct and indirect taxes. Direct taxes are paid directly to the government by individuals, such as income tax. Indirect taxes are included in the price of goods and services, like value added tax. Taxation relates to public spending and the national budget, and is connected to a country's gross domestic product. However, overspending can lead to public debt through internal or external debt accumulation over years. The document recommends preventing debt through government restructuring, technology improvements, anti-tax evasion efforts, and international agreements.

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    PPT About Taxation, What is it ?

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    This document discusses taxation and defines direct and indirect taxes. Direct taxes are paid directly to the government by individuals, such as income tax. Indirect taxes are included in the price of goods and services, like value added tax. Taxation relates to public spending and the national budget, and is connected to a country's gross domestic product. However, overspending can lead to public debt through internal or external debt accumulation over years. The document recommends preventing debt through government restructuring, technology improvements, anti-tax evasion efforts, and international agreements.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    6 views14 pages

    Taxation

    Uploaded by

    tebi2914
    This document discusses taxation and defines direct and indirect taxes. Direct taxes are paid directly to the government by individuals, such as income tax. Indirect taxes are included in the price of goods and services, like value added tax. Taxation relates to public spending and the national budget, and is connected to a country's gross domestic product. However, overspending can lead to public debt through internal or external debt accumulation over years. The document recommends preventing debt through government restructuring, technology improvements, anti-tax evasion efforts, and international agreements.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 14

    Taxation

    What is it
    It is an amount of money that citizens or business have to pay to the government.
    Exist 2 types of taxation.

    Direct Indirect
    Taxes Taxes
    DIRECT TAXES
    It refers to taxes that are paid by
    an individual to the government
    Example: Personal Income Tax
    INDIRECT TAXES
    Are the ones that are applying in
    goods and services and affect
    people in a indirect way.
    Example: Value Added Tax
    Taxation is a topic
    related to public
    spending.
    Example: National Budget.
    This is related with
    Gross Domestic Product

    This is the total amount of money of all the


    goods and services produced by the country.
    However, this can
    cause a public
    debt. In words of Mr.Oreamuno

    Internal debt or External debt. It occurs because our


    country spend more than
    we produce or receive.
    This situation is being
    accumulated through the
    years.
    Public debt also happens...

    ● Tax avoidance
    ● Tax evasion
    How can we
    prevent it?
    ● Restructuration of the government.
    ● Technological tools/ improve our system.
    ● Fight against tax evasion / the court.
    ● Tax authority.
    ● International Monetary Fund.
    ● Rich an agreement.
    Conclusion
    The solution of this is
    to reach an
    agreement and put it
    into practice.

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