Documents

Tax Assisgnment PPT

Description
tax structure
Categories
Published
of 16
All materials on our website are shared by users. If you have any questions about copyright issues, please report us to resolve them. We are always happy to assist you.
Related Documents
Share
Transcript
  A comparative analysis with New Zealand, Australia and India By Tamanna Prajapati TAXATION OF INDIVIDUALS  GEOGRAPHICAL OVERVIEW   History of Income tax  Who is liable to pay tax?  Proof required for filing tax  Income tax structure- Individual & Minor  Income you must declare  Conclusion SUMMARY   NEW ZEALAND AUSTRALIA INDIA  The Income Assessment Act of 1891 introduced New Zealand’s first income tax and the principle of progression into New Zealand’s taxation system.  The top marginal rate of income tax was reduced from 66% to 33%.  Queensland introduced income tax in 1902 by the Income Tax Act of 1902.  During the 1980s, the top marginal rate of income tax was only 21%.  Income tax was introduced in 1860, abolished in 1873 and reintroduced in 1886.  Income tax levels in India were very high during 1950-1980, in 1970-71 there were 11 tax slabs with highest tax rate being 93.5%. HISTORY OF INCOME TAX
We Need Your Support
Thank you for visiting our website and your interest in our free products and services. We are nonprofit website to share and download documents. To the running of this website, we need your help to support us.

Thanks to everyone for your continued support.

No, Thanks