TAX REFORMS - TAXES WITHOUT TAX LAWS

“TOP Tax system” is a new tax system which can be used as a common tax system forms all nations not only to check the global economic recession but also to relieve 7 billion people of the world from the cobweb of ambiguous and complex tax structures, plethora of tax laws, mandatory and cumbersome accounting, auditing, tax returns and consequent quagmire of all tax related cases
“TOP Tax system” can be used as a common tax system forms all nations to remove the present day trade barriers between manufacturers and consumers; between the States within the country and between the nations can be totally removed.
All Direct and Indirect taxes accompanied by tax laws, accounting, auditing and tax returns, can be abolished if a new tax system called “TOP Tax system” is adopted and implemented by all nations.
TOP Tax system will make budget preparation of any country to be simple, easy and time saving exercise. There will be no tax collection expenditure for the Governments and no tax compliance costs for the people.