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In Hattusa, the capital of the Hittite Empire, grains were collected as a tax from the surrounding lands, and stored in silos as a display of the king's wealth. [ 39 ] In the Persian Empire , a regulated and sustainable tax system was introduced by Darius I the Great in 500 BC; [ 40 ] the Persian system of taxation was tailored to each Satrapy ...
The higher costs to labour and capital imposed by income tax causes dead weight loss in an economy, being the loss of economic activity from people deciding not to invest capital or use time productively because of the burden that tax would impose on those activities. There is also a loss from individuals and professional advisors devoting time ...
Dead capital is an economic term related to property which is informally held, is not legally recognized, and cannot be exchanged for financial capital. [1] The uncertainty of ownership decreases the value of the asset and/or the ability to lend or borrow against it. [2] These lost forms of value are dead capital.
La Unión Nacional de Padres de Familia ("The National Union of Parents of Families") insists this would be counterproductive. [44] Ten months into 2019, the results do not look promising. 28,741 intentional homicides and 833 femicides were committed in the first ten months of the year, (average 95 per day) 706 more than in January–October ...
Capital controls were an integral part of the Bretton Woods system which emerged after World War II and lasted until the early 1970s. This period was the first time capital controls had been endorsed by mainstream economics. Capital controls were relatively easy to impose, in part because international capital markets were less active in ...
In previous years, the IFC had reported a net loss of $151 million in fiscal 2009 and $1.75 billion in fiscal 2010. The IFC's total capital amounted to $20.3 billion in 2011, of which $2.4 billion was paid-in capital from member countries, $16.4 billion was retained earnings, and $1.5 billion was accumulated other comprehensive income. The IFC ...
The town was founded on January 29, 1736, as San Antonio de Padua de Guayama by then Spanish Governor Matías de Abadía, although there is knowledge of it being populated by native people as early as 1567. It was Governor Don Tomás de Abadía who officially declared Guayama a "pueblo" (town) with the name of San Antonio de Padua de Guayama.
Capital surplus, also called share premium, is an account which may appear on a corporation's balance sheet, as a component of shareholders' equity, which represents the amount the corporation raises on the issue of shares in excess of their par value (nominal value) of the shares (common stock).