The princess said she wanted to shine a spotlight on the IAET
-- which was closed when it became apparent that many artists were interested in attaining an art degree, rather than the diploma offered by the institute -- to show people part of the Kingdom's long history of art.
is a penalty tax, which aims to compel corporations to distribute its earnings so that the earnings of its shareholders could be taxed.
The Target User Community Includes The Contracting Customer (De&S Inventory Reconciliation Programme Team) And The Primary User Is The Mod De&S Fin Iaet
. However, All Staff Within De&S Fin, The Finance Function, Project Teams And Front Line Commands May Require Access To The Application.
The Bureau of Internal Revenue (BIR) has lost P1.8-billion deficiency tax assessment against Cebu Air covering the so-called improperly accumulated earnings tax (IAET) for the year 2010.
In a 15-page resolution, the court's Special Second Division stated that the there was no IAET to be collected as the airliner distributed its profits realized in that year to all its shareholders.
The BIR imposed the so-called improperly accumulated earnings tax (IAET
) for the failure of FTC to divide portion of its 2011 to 2014 earnings to individual shareholders so that income tax could be collected from them.