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When applied to firms throughout the economy, such a tax hike would generate a very big jump in revenues from the business tax despite the fact that it was being levied at a lower rate.
Similar(59)
Some observers have expressed surprise that a fee is being levied at all.
In Tehran, the minister of labour thunders that undocumented Afghans have taken a million Iranian jobs, and fines are being levied on firms employing them.
While the social-care precept is being levied by almost every council in England, the revenue is not being passed on to providers.
At the same time, however, I am being required to pay an assessment that is being levied as a result of benefits received only by the residential shareholders.
Still, fines are being levied every week against players for committing the helmet-to-helmet blows that cause so many head injuries.
But when the paper examined felony arrest statistics they found, [the] data shows that prostitution-related felonies are being levied almost exclusively against sex workers.
And Peter McLaughlin, an Infosys spokesman, said, "It is unfortunate that this tax is being levied on a discriminatory basis when the need is to open markets to make companies more competitive in the global marketplace".
For many parts of Europe, this tax is being levied at a time when the spending power of consumers is already being squeezed by the efforts to eliminate the fiscal deficit.
"This uncertainty over fees — some of these fees are being levied going back to 2008 or 2009 — creates more uncertainty about the real estate market over all," said Ludmila Yamalova, a real estate attorney in Dubai.
There are no national data on how much is being collected, reflecting the patchwork of policies, but fees are being levied for booking and processing and co-payments on medical treatment as well as room and board.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com