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PLEASE HELP! What are examles of tax provisions that help promote: Social Objective: Economic Objectives: Political...

PLEASE HELP! What are examles of tax provisions that help promote:

Social Objective:

Economic Objectives:

Political Objectives:

If you could just put an examle or two of each I would be grateful! Thank you!!

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Answer #1
  • Social Objective: Under the corporate law Corporate Social Responsibility ( CSR) contribution is made which is a good example of social objective and in addition to this donations are under deduction in the tax laws which contribute to social objectives
  • Economic Objectives: When people pay tax the government generates revenue through it and with that revenue Infrastructural facilities, public expenditures, increasing employment or other economic growth is made thus achieving economic objectives.
  • Political Objectives: Under political objectives, the taxes paid help in running the government smoothly and conducting elections
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