Standard integrated government tax administration system. According to the constitution, regional states can levy income tax on. If you dont see any interesting for you, use our search form on bottom v. Tax helps to redistribute incomewealth in the society that addresses inequality issues. Public finance and taxation ethiopia adventist college. This term is something of a misnomer, because the fundamental issues are not financial that is, relating to money. Rs sd b seligman a tax is a compulsory contribution from the person to the government to defray expenses incurred in the common interest of all with out. Sound public finance policies, institutions and outcomes are critical for making fast and sustained progress toward the world bank groups twin goals of eradicating extreme poverty and promoting shared prosperity. It is important to understand how various functions fit into a broader system of rules and regulations that govern the management of public resources, and what these functions are ultimately intended to achieve. Public finance institute for social and economic change. Constitution of the republic of the union of myanmar. Public finance for development evaluation may 7, 2018 introduction 1.
Fiscal policy, public debt and monetary policy in emerging. The income of the government through all sources is called public income or public revenue. Taxes on land and property have both fiscal and nonfiscal. It can also be used to encourage economic activities such as work, investment, equity and supporting economic growth. Introduction following this brief introduction, part ii of this paper sets out briefly the rationale for taxing land and property, both as a source of local government revenue and in terms of its effects on efficient land use.
A payroll tax on employers b a payroll tax on employees. Tax, public finance, ethiopian taxation, direct tax and indirect tax jel classification. Public finance and taxation final12345 public finance fiscal. Short notes on instructional planning and teaching methods. The government of ethiopia has used deficit financing for acquiring funds to finance economic development. Budget theory in the public sector edited by aman khan, and w. Rather, the key problems relate to the use real resources. The masters program aims to attract especially qualified and motivated students.
Meaning, tax revenue, nontax revenue with classification of public revenue. Tax is an involuntary levy and a policy tool that helps to mobilize revenue to provide public goods and ser vices. Key words public finance, public sector, public revenues, public expenditures. Country financial accountability assessment ethiopia. Ethiopia is looking to public private partnerships to deliver new infrastructure projects in a bid to keep its debt level sustainable. Public finance and taxation final12345 free download as word doc. Students will get acquainted with specific knowledge, skills and scientific methods in the fields of finance, financial accounting, managerial accounting, tax accounting and auditing.
Public finance and taxation in ethiopia pdf in a moment of dismissive hubris, the ethiopian tax system may be. The word public stands for a collection or conglomeration of individuals, i. Introduction during the 1980s and 1990s, the vulnerability of emes to shocks was often exacerbated by high fiscal deficits, underdeveloped domestic bond markets, and largecurrency and maturity mismatches. The development of public finance is connected with economic mechanisms that. Lecture 3public finance in ethiopia public finance bonds. During inflation, it reduces the indirect taxes and genera expenditures but increases direct taxes and capital expenditure. The transitional government of ethiopia issued proclamation no. Explain, using graphs, what difference it would make if the entire tax were paid by employees as compared to the case where the entire tax is paid by employers. Approach paper public finance for development evaluation. Despite the fact that people need to pay taxes based on rationales of. Taxation in ethiopia in ethiopia a company, based on its activities may be required to pat the following taxes. In order to understand the meaning and contents of public finance, one should be aware of the connotations of the words public and finance. The ethiopian tax system also public finance revenue and spending activities.
Tax, public finance, ethiopian taxation, direct tax and indirect. Public finance and taxation research paper 2467 words. Lecture 3 public finance in ethiopia free download as word doc. When the government cannot raise enough financial resources through taxation, it finances its developmental expenditure through borrowing from the market or from other sources. Each subfederal government is responsible for the provision of public services at its. Gupta, alka, public finance and tax planning, first edition anmol publications. In general finance is the management of money and other valuables which can easily be converted into cash according to experts finance is a simple task of providing necessary funds money required by the business of entities like. Po1itical science sets no definite limits to the xtcnsion of stare functions. This implies that, if capital taxation increases in sector 1. Public expenditure chapter i the nature of the state j its functions and their cla.
Public expenditures, public revenue and particularly taxes may be considered to be the fundamental elements of public finance. Public finance and taxation public finance and taxation. Fiscal policy, public debt and monetary policy in emes. The budget reflects what the government intends to do. In ethiopia, the revenue budget is usually structured into three major headings. Exam examples in public finance department of economics. In general equilibrium, factors must be paid the same netof tax rate in both sectors, since they are perfectly mobile.
On recognizing the same, the department of accounting and finance, fbe, addis ababa university has introduced the course public finance and taxation for. Tax has been replaced by value added tax, and the overall taxation. Nov 23, 2015 on this page you can read or download public finance exam pdf in pdf format. Multiple choice questions write the letter corresponding to the correct answer in the space to the left of the question. Ethiopia is looking to publicprivate partnerships to deliver new infrastructure projects in a bid to keep its debt level sustainable. Accordingly, this teaching material tries to address, even though briefly, the basic component of tax law, especially in ethiopia.
Introductions to public financial management nature and scope of public finance general overview of public financial management as envisaged by the constitution responsibility of national and county treasuries overview of the public financial. Governments should act to further the public interest. Introduction every government need revenue to lead the economic, infrastructure, medical, transport, education, telecom, electricity, staff, research, to concession, subsidies, free facility for the unable sector community in the. Below you can download examples of old exams in public finance.
Public finance encompasses the overall fiscal stance. Public finance and taxes no prerequisite required module number. Get public finance exam questions and answers pdf file for free from our online library pdf file. The government uses the public finance in order to overcome form inflation and deflation. The uk has pledged to help ethiopia transform its tax system and become less reliant on aid, the department for international development has announced. It collects internal public debt and mobilizes for investment. A thesis submitted to the school of graduate studies of addis ababa university in partial fulfillment of the requirements for the degree of master of science in. You must answer all components of all three parts of the exam. Ethiopia s public finances are under great budgetary pressure, as years of war and poverty have taken a heavy toll on the countryside, population, and infrastructure. On this page you can read or download public finance exam pdf in pdf format. Ethiopias public finances are under great budgetary pressure, as years of war and poverty have taken a heavy toll on the countryside, population, and infrastructure. Such public goods like roads, power, municipal services, and other public infrastructures have favorable results on many families, business enterprises, industries and the general public. View introduction to public finance taxation ppts online, safely and virusfree.
Unuwider also acknowledges the financial contributions to the research programme by. The country financial accountability assessment cfaa for ethiopia was undertaken between april 2001 and november 2002, culminating in the incountry mission carried out over a threeweek period in september and early october 2002 by a joint team of federal govemment of ethiopia officials, world bank staff, and a number of donorfunded. Excise and taxation inspector dogars up to date guide pdf download free. It is the branch of economics that assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones. In fact, tax systems do reflect these issues, although there is little systematic guidance offered by the academic public finance literature. Public finance is the term, which has traditionally been used or applied to the packages of those policy problems, which involve the use of tax. As a description of reality, this is patently untrue. Importance of public finance grade 11 management notes.
As a federal country, the functions and duties of the government are divided between central and state governments and they are generally. Public finance and taxationpublic finance and taxation reffforms in india dr j v m sarma university of hyderabaduniversity of hyderabad. The principal taxes currently in place are company profit tax, turn over tax valueadded tax vat, excise tax, customs duty, income tax from employment and income tax from business. Public finance for a genuine federal democratic union. Public finance is a compounded term of the words public and finance. Public finance exam questions and answers pdf we have made it easy for you to find a pdf ebooks without any digging. According to dalton, however, the term public income has two senses wide and narrow. Public sector economics test questions randall holcombe fall 2019 1. Introduction during the 1980s and 1990s, the vulnerability of emes to shocks was often exacerbated by high fiscal deficits, underdeveloped domestic bond markets. The principal taxes currently in place are company profit tax, turn over taxvalueadded tax vat, excise tax, customs duty, income tax from employment and income tax from business. To get started finding public finance exam questions and answers. The word now means, plans of government finances submitted for the approval of the legislature. Taxation in ethiopia direct and indirect taxes categories of tax payers declaration of income and assessment of taxes tax incentives.
To reduce the inequality in the economy, the governments can impose taxes on the richer people and provide goods and services for the needy ones. As we are all know that taxation can be classified into direct and indirect taxes. Public finance basic concepts, ties and aspects aim of this chapter to introduce to the issue of public finance. May 12, 2015 intoduction to public finance and taxation theory. Ethiopia public finance the ethiopian fiscal year begins 8 july, in the ethiopian month of hamle. Public goods are normally supplied by public agencies due to their natures of nonrivalry and nonexcludability. Lecture 3public finance in ethiopia public finance. Chapter two will introduce the students to the income tax in ethiopia. In its wider sense it includes all the incomes or receipts which a.
The purview of public finance is considered to be threefold. Every government need revenue to lead the economic, infrastructure, medical. Public finance for a genuine federal democratic union an introduction into public spending and taxation issues for myanmar stefan collignon scuola superiore santanna and london school of economics and political science 5. Faso, ethiopia, ghana, guatemala, guinea, honduras, kenya, nicaragua. Accordingly, the material deals with the following. Taxation is the part of public finance that deals with the means by which the government raises revenue from the public by imposing taxes which revenue is used by the government to provide goods and services to the public or its citizens to carry out government functions. If you run out of space, use the back of the previous page.
And by having access to our ebooks online or by storing it on your computer, you have convenient answers with public finance exam questions and answers pdf. Nov 23, 2015 on this page you can read or download ethiopian public finance exam with answer in pdf in pdf format. Public finance finds a limit in the revenueyielding strength of the state. Meaning, tax revenue, non tax revenue with classification of public revenue. Presently the social security tax is shared evenly between employers and employees. Be sure that your answer clearly compares all of the results of the two cases. An introduction into public finance and taxation issues for.
As important sources of public revenue, taxes are very important part of the daily functioning of a government. This book is about the taxing and spending activity of government, a subject usually called public finance. Ca23 public finance and taxation pdf notes kasneb notes. Ethiopia is a federal country with a twotiers structure of decentralized governance. Public finance is the study of the role of the government in the economy. Tax is very important for each and every government. Ethiopian taxation system is very important for raising income of the government. On this page you can read or download ethiopian public finance exam with answer in pdf in pdf format. Download public finance and taxation pdf notes download click here to purchase public finance and taxation notes paper no. The email address is not made public and will only be used if you wish to receive a new password or wish to receive certain news or notifications by email. Master of science in finance, accounting and taxation. Ethiopia is the successful case of a country with similar starting conditions as myanmar that. All emails from the system will be sent to this address. This statement would probably receive general agreement, but it is not always clear exactly what determines when something is in the public interest.
1013 99 1524 1110 429 397 355 342 1108 830 498 1252 581 1578 1043 187 723 238 210 456 1011 1300 183 501 412 1451 1412 937 493 135 1279 62 145 1334 701 954 551 503 894 1467 1419