Chapter 1: An Introduction to Tax

Beschreibung

This is a mind map for BUS 419 Chapter 1.
Lucille Lamberson
Mindmap von Lucille Lamberson, aktualisiert more than 1 year ago
Lucille Lamberson
Erstellt von Lucille Lamberson vor mehr als 2 Jahre
4
0

Zusammenfassung der Ressource

Chapter 1: An Introduction to Tax
  1. How to Calculate Tax
    1. Tax = Tax Base x Tax Rate
    2. How to Calculate a Tax
      1. Tax Base x Tax Rate
        1. The tax rate is usually expressed as a percentage.
      2. Marginal Tax Rate
        1. (New total tax - Old total tax) / (New taxable income - Old taxable income)
        2. Average Tax Rate
          1. Total tax / Taxable income
          2. Proportional Tax Rate Structure
            1. Imposes a constant tax rate throughout the tax base. As the tax base increases, the taxes paid increase proportionally.
            2. Progressive Tax Rate Structure
              1. Imposes an increasing marginal tax rate as the tax base increases
              2. Regressive Tax Rate Structure
                1. Imposes a decreasing marginal tax rate as the tax base increases
                Zusammenfassung anzeigen Zusammenfassung ausblenden

                ähnlicher Inhalt

                Edexcel Biology chapter 1
                Anna Bowring
                Genes, The Genetic Code, DNA and Chromosomes
                Bee Brittain
                AQA AS Biology - Pathogens and Disease
                dillyrules
                CUBAN MISSILE CRISIS
                Olivia Andrews
                How to Create A Mindmap
                PatrickNoonan
                Creating Mind Maps with GoConqr
                Sarah Egan
                NEW: ExamTime's Mind Map Maker
                Andrea Leyden
                Macbeth Quotes/Themes
                Michael LEwis
                Philosophy
                Rebecca Harbury
                How Villainy is Depicted in Macbeth
                scarletsnow491
                Biology (level 0)
                jmlari12