Iran’s nuclear program is one of the most controversial issues that concern many nations, especially its neighboring Arab countries, Turkey, and Israel. Iran agreed to repudiate its ownership of weapons of mass destruction that includes chemical and biological weapons through various treaties. Iran has also ratified the NPT or the Nuclear Non-Proliferation Treaty (Federation of American Scientist), which made Iran’s nuclear program a subject to IAEA’s verification. Iran’s nuclear program was initially cancelled right after the revolution in 1979, but it was revived during the latter part of war with Iraq in 1988. It has ...
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Introduction
Tax forms one of the major sources of government revenue; it contributes to economic growth and development as well as the overall prosperity of a country. Based on the method of collection, a tax system can be flat, regressive or progressive. The progressive tax system entails increasing taxes with an increase in individual or household income. The regressive system involves decreasing tax as income increases while the flat tax is a system where everyone pays the same tax irrespective of the income (Roach, 2003). The tax system adopted in a country depends on set objectives, its impacts on taxpayers, ...