Since 2007, the Revenue and Customs Authority has introduced many reforms to manage the taxation...
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Accounting
Since 2007, the Revenue and Customs Authority has introduced many reforms to manage the taxation system. For all of the following, determine which reform goals is aligned towards which normative core principles discussed by Von Justi (1760).
i. Increasing the tax threshold to $30000 for low-income earners.
ii. Reduction of VAT to 9%
iii. Implementation of a 6% environmental levy in the tourism industry.
iv. Introduction of the Revenue and Customs Authority online payment system.
v. The need for compulsory tax identification numbers.
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