Extreme fiscal imbalance can also lead to a growth trap in which fiscal consolidation has such a large negative effect on growth as to be self defeating.

Double Taxation Agreement

One characteristic of Swiss law is that it distinguishes between tax evasion and tax fraud.

अ तर र ष ट र य कर सहय ग क व फलत

Monti attempted to address this, but moving from the current equilibrium to a better one, in which tax evasion is the exception rather than the norm, is a long term project.

Huh? Tax information?

China s current legal framework contributed to fiscal balance and financial stability in the past, and it continues to play a positive role.

Then why are you running away from him?

How about some tax exemption there?

We give foreign tourists the privilege of tax exemption.

Including denying them tax exemption.

Balance

This tax credit replaces the family benefits program, the non refundable tax credit for dependent children and the tax reduction for families.

On the tax side, there has clearly been progress.

But a temporary tax break cannot change incentives.

Equilibrium chemistry is a concerned with systems in chemical equilibrium.

White Balance...

Color Balance...

White Balance

The Balance

Balance Sheet

And equilibrium.

Try the balance?

Ballast?

The Swiss people vote their own taxes, have a high degree of control over how tax revenues are spent, and believe their tax system to be fair, transparent, and comprehensible.

In terms of reducing tax evasion, the results have been mixed.

The Internal Revenue Service sees no increase in tax cheating.

Furthermore, China had concluded an agreement for the promotion and protection of investment with 25 African countries and for the avoidance of double taxation and prevention of tax evasion with eight others.

Thanks. That has a certain kind of balance to it, which is all about plumb.

China s Balancing Act

Gender balance

Gender balance

Gender and geographical balance

But these are kind of the balance

Globalization may also facilitate legal tax avoidance.

In Germany, the most urgent needs are for tax and labor market reform.

Some seek to make the tax system more progressive or less progressive.

Under this proposal, the number of companies benefiting from the scheme would be capped at current levels and no new entrants would be allowed from July 2006.

Key aspects of the tax system would be changed to develop a more progressive structure.

(c) That the provinces should be granted greater fiscal and financial autonomy

D. Gender balance

Balancing the World s Imbalances

China s Rebalancing Act

Obama s Policy of Nuclear Balance

America s Pacific Rebalance