World Cup Tax Quiz
-
Upload
avalarainc -
Category
Business
-
view
114 -
download
0
description
Transcript of World Cup Tax Quiz
![Page 1: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/1.jpg)
Making sales tax less taxing. 1
World Cup Tax Quiz
Passing the Ball by Ulrich Peters / CC BY
![Page 2: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/2.jpg)
Making sales tax less taxing. 2
Brazil is hosting the 2014 World Cup
It delayed which tax hike till after the Cup?
Brazil Grunge Flag by Nicolas Raymond/ CC BY
![Page 3: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/3.jpg)
Making sales tax less taxing. 3
Beer and soda tax
Mangue Seco by Jorge in Brazil/ CC BY
![Page 4: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/4.jpg)
Making sales tax less taxing. 4
When you download J Lo’sWorld Cup song from iTunes in the U.S.,
do you pay sales tax?
US Grunge Flag by Nicolas Raymond/ CC BY
![Page 5: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/5.jpg)
Making sales tax less taxing. 5
It depends on the state.
iPhone click remote by With Associates / CC BY
![Page 6: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/6.jpg)
Making sales tax less taxing. 6
The 2014 World Cup soccer ball is being made in Pakistan.
Which indirect tax system does Pakistan use?Pakistan Grunge Flag by
Nicolas Raymond/ CC BY
![Page 7: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/7.jpg)
Making sales tax less taxing. 7
VAT (Value Added Tax)Glorious Sunset by Black Zero / CC BY
![Page 8: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/8.jpg)
Making sales tax less taxing. 8
South Africa hosted the 2010 World cup.
Does VAT get higher in South Africa or Brazil?
South Africa Grunge Flag by Nicolas Raymond/ CC BY
![Page 9: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/9.jpg)
Making sales tax less taxing. 9
Brazil – the VAT rate can get as high as 375% on luxury items.
Valeu brasil by Thomas / CC BY
![Page 10: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/10.jpg)
Making sales tax less taxing. 10
UK fans have to pay VAT on chocolate covered biscuits, except for which kind?
UK Grunge Flag by Nicolas Raymond/ CC BY
![Page 11: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/11.jpg)
Making sales tax less taxing. 11
Jaffa Cakes – a British court ruled they were
cakes, and therefore not subject to VAT.
Jaffa Cakes by Eldriva / CC BY
![Page 12: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/12.jpg)
Making sales tax less taxing. 12
What is the local South Korean Name for VAT?
South Korea Grunge Flag by Nicolas Raymond/ CC BY
![Page 13: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/13.jpg)
Making sales tax less taxing. 13
Boo-ga-ga-chi-seSouth Korea by Eser Karadag / CC BY
![Page 14: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/14.jpg)
![Page 15: World Cup Tax Quiz](https://reader033.fdocuments.net/reader033/viewer/2022061300/54c7341e4a7959e5208b4576/html5/thumbnails/15.jpg)
Making sales tax less taxing. 15
Sources • Brazil beer and soda tax:
http://www.taxrates.com/blog/2014/05/21/brazil-beer-soda-tax-hike-will-come-world-cup/ • J Low downloads:
http://www.taxrates.com/blog/2014/02/17/taxing-digital-goods-and-services-the-what-where-and-how/
• Brazil VAT rates: http://www.ey.com/GL/en/Services/Tax/Worldwide-VAT--GST-and-Sales-Tax-Guide---XMLQS?preview&XmlUrl=/ec1mages/taxguides/VAT-2014/VAT-BR.xml
• UK Jaffa tax: http://www.bbc.com/news/business-21961566 • South Korea VAT:
http://www.ey.com/GL/en/Services/Tax/Worldwide-VAT--GST-and-Sales-Tax-Guide---XMLQS?preview&XmlUrl=/ec1mages/taxguides/VAT-2014/VAT-KR.xml