The assumption that household income is strongly and positively correlated with a household's real standard of living provides the basis for the joint taxation of families, which has the effect of discriminating against married women as second earners. This paper shows, in the context of a model...

With acknowledgment of the growing popularity of the trust as an effective taxation planning vehicle, this article explores various principles of taxing trusts under the Land and Income Tax Act 1956. The author first analyses the requirements of sections 155(a) and 155(b) of the Act and the...

In the period of 2013 under review, President Putin presented a Budget Message in which he outlined the guidelines for the state monetary policy in years to come, and the Taxation Policy Guidelines for 2014-2016 adopted by the Russian Government were published. Both documents showed higher...

Electronic Commerce is a new marketplace that has many advantages. With the help of the internet, electronic commerce has made a major difference in the way business operates globally, offering substantial benefits to all parties: businesses, consumers, and even governments.The electronic...

Astute legal assistance attorneys and estate planners waited for the sunset of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) to see what would become of the federal transfer tax system and the expiring “Bush Tax Cuts.” Despite years of waiting, due to the Tax Relief,...