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Suppose the government of an economy announces that

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14.Suppose the government of an economy announces that the people will have to pay a generalsales tax of 2% of the selling price when they purchase any goods and services. Thegovernment also launches a series of programmes to make sure that the public understands thenew tax.Which of the following taxation principles is illustrated by the above measures of thegovernment?A.EqualityB.CertaintyC.ConvenienceD.Economy
2009. 4115.In Hong Kong, citizens are allowed to make their tax payments through the Internet. Thispractice is in line with the __________ principle of taxation put forward by Adam Smith.
Session 6.1 – Government Revenue (Direct Tax & Indirect Tax)94.48.16.The aim of the Hong Kong government in increasing the proportion of indirect taxes to totaltaxation is to
17.Direct taxes differ from indirect taxes in that
18.In July 1994, Mr. Chan bought a new house in Shatin and moved in immediately. In this case,the taxes that Mr. Chan has to pay for the financial year 94-95 are:(1)Stamp duty(2)Property tax(3)RatesA.(1) and (2) onlyB.(1) and (3) onlyC.(2) and (3) onlyD.(1), (2) and (3)97.41.
19.The following are the annual income of Peter in Hong Kong in 1996Type of incomeAmount ($)Salaries as a teacher in a secondary school6,000,000Interest from local deposits4,000Rental income from letting a flat to Japanese300,000According to the taxation system of Hong Kong, Peter has to pay
5

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Term
Fall
Professor
Spider
Tags
Progressive Tax, tax burden

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