FAANG stocks refer to a group of big tech stocks , that are traditionally made of Facebook (meta platforms) amazon,apple , Netflix and google these tech stocks were named FAANG because they have a long record of outperformance and dominate… Read More ›
Taxes
Berkshire Hathaway stock sets record high as Apple holdings, rising rates boost profit
Berkshire Hathaway’s stock price hit a new all-time high on Monday after the company reported record quarterly operating profit and net… Berkshire Hathaway stock sets record high as Apple holdings, rising rates boost profit
On Digital Taxation Regimes (Pt. I of II)
In The Digital Realm (1st Ed.), I argued that “Digital Taxation” is one of the emerging signs of a Digital Economy, regardless of whether we are talking about the National Intranet or the World Wide Web (WWW). The Digital Economy,… Read More ›
Economic History Case Studies: Taxation and the Digital Realm Revisited (1990s-Present)
I had previously written about the topic of taxation in The Digital Realm (1st Ed.) within the context of the National Intranet. A brief passage was devoted to it in the “Scenario 1999: International Relations between SSEs and their Central… Read More ›
Update (17 May 2023)
Got some good news to report. I did some research on the topic of Internet Taxation in the US and uncovered a treasure trove of information going back to the 1990s. Looks like that description I gave on the topic… Read More ›
Fundamentals of Double-Entry Account Bookkeeping (Pt. III of III)
The System of National Accounts (SNA) may seem overwhelming for anyone who is just beginning to comprehend how the Double-Entry Account Bookkeeping System. It is already a daunting task on its own to determine the Quantities of Kapital and Schuld… Read More ›
Work-Standard Accounting Practices: “Parliament Fund”
The “Parliament Fund” refers to the Kapital earned from Revenues and are required by Parliament to function and govern Civil Society, hence its name. The Parliament Fund is where the rest of the Kapital in the Parliamentary Budget goes if… Read More ›
Work-Standard Accounting Practices: “Fiduciary Fund”
The “Fiduciary Fund” is comprised of Kapital earned from Revenues and intended for the personnel of government organizations acting on behalf of Parliament. If the Proprietary Fund is intended for the economic activities of government organization and any privatized commercial… Read More ›
Work-Standard Accounting Practices: “Proprietary Fund”
The “Proprietary Fund” is considered one among the various examples in which Production for Profit and Production for Utility are closely intertwined. On paper, it resembles a Fund related to the so-called “Public Sector” (Read: Production for Utility). In actual… Read More ›
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