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Active & Passive Learning Essay

  • Submitted by: Ayalew
  • on February 23, 2011
  • Category: Miscellaneous
  • Length: 32,238 words

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Below is an essay on "Active & Passive Learning" from Anti Essays, your source for research papers, essays, and term paper examples.

INDIRECT TAXES

Value Added Tax (VAT)
Definition of words Output
Value added tax shall be added at the final price of cost production.
Input Payment of VAT on production or service that a person able to claim for credit of the tax paid;
The VAT Return
A person is required to charge VAT on taxable supplies to customers called output tax but he is also able to claim credit for the tax paid business, purchases and expenses and assets know as the input tax.
Tax Invoice
A tax invoice is a sales invoice issued by a registered person is respect of any goods or services,
Value Added Tax
A sales tax based on the increase in value or price of product at each stage in its manufacture and distribution. The cost of the tax is added at the finial price and is eventually paid by the consumer.
Tax Rate And Impose Of Tax
The rate of value added tax is 15% and Zero Rate. The Rate of value added is 15 percent of the value. For every taxable transaction by a registered person, every import goods other than an exempt import and an import of services,

Zero Rate Tax
Taxable transactions shall be charged with Zero Rate percent are:
The export of goods or services to the extent provided in regulation. The rendering of transportation or other services directly connected with international transport of goods or passengers as well as the supply of lubricants and other consumable technical supplies taken on board for consumption during international flights;
The supply of gold to the National Bank of Ethiopia.
A supply by a registered persons to another registered person is a single transaction of substantially all of the assets of a taxable activity or an independent functioning part of taxable activity as a going concern, provided a notice in writing signed by the transferor and transferee is furnished to the authority within 21 days after the supply taxes place and such notice includes the details of the supply;
For Value Added tax Registration
A/ Obligation...

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"Active & Passive Learning". Anti Essays. 13 Dec. 2018

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APA Citation

Active & Passive Learning. Anti Essays. Retrieved December 13, 2018, from the World Wide Web: http://cassandralynndesignllc.com/free-essays/Active-Passive-Learning-73817.html