Tag: tax reform

Understanding International Taxation | A Comprehensive Guide

Understanding International Taxation | A Comprehensive Guide

Introduction to International Taxation Definition and Importance International taxation is therefore the legal taxation rules and practices used when people or companies deal in international business. It covers income tax, company tax and inheritance tax among others and may differ considerably from one country to another. It is therefore very important for multinational organizations, expatriates…

Registering an LLC and Understanding Personal Income Tax in

Registering an LLC and Understanding Personal Income Tax in

Overview Rgistering An LLC What is an LLC? An LLC also known as a Limited Liability Company is a common business form in the United States that has characteristics of a corporation yet has the tax benefits of a partnership and flexibility of a sole proprietorship. LLCs are especially popular because entities that participate in the LLC…

e-TADAT vs. TADAT: A Comprehensive Comparison

e-TADAT vs. TADAT: A Comprehensive Comparison

Introduction Tax administration plays a pivotal role in a country’s economic stability and growth. To maintain and enhance the efficiency of tax systems, diagnostic tools like TADAT and e-TADAT are essential. TADAT, or the Tax Administration Diagnostic Assessment Tool, is designed to assess the health of a country’s tax administration through a structured performance assessment. Recently, the…