Lump-Sum Tax

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Lump-Sum Tax

A tax in which the taxpayer is assessed the same amount regardless of circumstance. An example of a lump-sum tax is a $55 fee on all employees who work in a township. Another example is tag fees on vehicles, which are the same regardless of the income of vehicle owners. Lump-sum taxes are regressive, meaning persons with lower income pay more as a percentage of their income.
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Switzerland is set to increase the bills for rich outsiders using its lump sum tax system but in a recent referendum it rejected proposals to axe them.
For lot 1, the maximum amount from the order is fixed at 5% of the lump sum tax for 12 months.
A week went by and the government and the guilds both then announced July 12 a settlement by which the lump sum tax would rise 15 percent, not 70 percent.
AIT depends on the type of pension plan you have but, for example, if you have a personal pension, up to age 75, the whole fund could be paid out as a lump sum tax free.
5 percent tax will be levied on the persons having income more than one million annual in connection with rehabilitation of Internally Displaced Persons (IDPs) while 30 percent lump sum tax will be imposed on bonus income of corporate executives.
If the lump sum tax is positive, the tax schedule is considered to be regressive.
Decision rules are locally unique and produce a stationary long-run rational expectations equilibrium; lump sum tax shocks always affect output and inflation.
Would this suggest that the MCF for the second-period lump sum tax be less than one?
The critical economic decision that helps small enterprise development is to introduce lump-sum tax that is fixed for a substantial period for small business, so small businesses have only one relationship with government, paying the lump sum tax, one a year, and not being subject to inspections or certification or licensing.
For just a few pounds a month the Mirror is able to offer you a policy which will pay out a pounds 40,000 CASH LUMP SUM TAX FREE on diagnosis or surgery for any one of the following serious conditions: Cancer, Heart Attack, Stroke, Major Organ Transplant, Coronary By- Pass Surgery, Kidney Failure or Multiple Sclerosis.
For lot 1, the maximum amount of the part in order is set at 5% of the lump sum tax for 12 months.