Essays Tagged: "Income tax"

Describes the roles of government in the present business environment

vernment; federal, state and local.The federal government has power over such areas as; companylaw, income tax, trade etc. State government has power over pollution,price controls, state courts etc. a ... ment. To meet theseobjectives the government must place policies such as fiscal, monetary,trade and income policies.Fiscal policy is the deliberate action of the government to change itslevels of inco ...

(1 pages) 159 0 4.0 Jan/1997

Subjects: Law & Government Essays > Government

Nafta paper

there a highly active free-market Nafta Network, when no one has ever bothered forming a Repeal-the-Income Tax Network, or an Abolish-the-Fed Network? And if we want to confine passion to more directl ...

(5 pages) 78 0 5.0 Feb/2004

Subjects: Social Science Essays > Economics

Comparing and Contrasting United States and International Tax Systems

is on goods people buy, and the revenue goes to the government. Flat tax is a proportionally equal income tax imposed on all citizens. A marginal tax system, which the United States uses, places taxp ... ll citizens. A marginal tax system, which the United States uses, places taxpayers into brackets by income. The percentage of income taxed raises in each bracket.The way a government taxes its people ...

(4 pages) 119 0 5.0 May/2004

Subjects: Social Science Essays > Economics > Rates & Indexes

Deduction for Sale and Lease back( taxation law: case study)

would prima facie have been made to secure X's possession of and the right to use the plant in its income producing activities. However, the fact that factory and plants are fixture when that transac ... erring on X the right to possession and thus the right to use of the plant in order to carry on its income producing activities. Y would never acquire the legal title to the plants and factory. The sa ...

(8 pages) 56 0 4.0 Nov/2004

Subjects: Businesss Research Papers > Accounting

The question of what constitutes a permanent establishment is of crucial importance in the international taxation of business profits.

dent of another country. If an enterprise fails to classify as a PE its profits will be exempt from income tax in the country of source and would only be subject to fiscal compliance in the country of ... . There are certain countries which may impose a withholding tax on specific categories of business incomes earned by non-residents who are not classified as PE; however these withholding taxes can be ...

(9 pages) 51 0 4.5 Apr/2005

Subjects: Businesss Research Papers

Australian Taxation system analysis

ere is a definition of tax in the Webster's Dictionary--"...a compulsory payment of a percentage of income, property value, sales price, etc. for the support of a government". In theory the collection ... tax rates and low thresholds are uncompetitive by international standards.Comparing the Australian Income tax system with the Eastern Europe (e.g. Russia), this paper provides an analysis and discuss ...

(6 pages) 52 0 3.5 Sep/2006

Subjects: Social Science Essays > Economics > Development Studies

"Analyzing Income Tax Implications" Cycle I and II

This paper will analyse the simulation about "Analyzing Income Tax Implications" Cycle I and II. Although some parts of the simulation were very fundamental ... this paper, I will be describing the two cycle and the outcome results.The first cycle of analyzing income tax computations deals with the Lawrence family, Spencer and Patricia, who file jointly, and ... nneth nor Gillian will be filing a joint tax return so the joint return test is not an issue. Gross income was next. Although Kenneth's income is over the 3,100 limit, Kenneth qualifies because he is ...

(2 pages) 42 0 4.8 Sep/2006

Subjects: Businesss Research Papers > Accounting

"Analyzing Income Tax Implications" Cycle III and IV

This paper will analysis the simulation about "Analyzing Income Tax Implications" Cycle III and IV. Although some parts of the simulation were very fundament ... ese two cycles present scenarios regarding computing applicable deductions to arrive at net taxable income and applying the tax rate to taxable income to compute income tax. Within this paper, I will ... ansaction.Reference:UOP Resource Simulation (2006) West's Federal Taxation 2006 Edition: Individual Income Taxes. W. H. Hoffman, Jr., J. E. Smith, & E. Willis West, 2005, Cincinnati, OH.

(3 pages) 39 0 4.5 Sep/2006

Subjects: Businesss Research Papers > Accounting

Fiscal Policy Simulation

l policy in the simulation varied based the decision implementation and current economic status. If income taxes increased too much then popularity decreased however, income tax increases helped to co ... tic and negative impact on popularity.For the for year 2XX6 scenario, the challenge was to increase incomes and decrease unemployment, thus increasing overall confidence in the economy. The ultimate g ...

(3 pages) 201 0 4.3 Oct/2006

Subjects: Businesss Research Papers > Accounting

Case Study - Holiday Hotel Limited

ent, however, was convinced for its viability and sustainability by its operations presented in its income statement.HHL has four resorts, and strives for service quality and customer satisfaction. It ... tive without restatement is applied.1. Revenue recognition, Capitalization and amortization, Future income tax. When we are considering these three issues, the cumulative impact of the changes on reta ...

(6 pages) 105 0 2.3 Nov/2006

Subjects: Businesss Research Papers > Case Studies

Business Types

business in her name and there is only one owner. She doesn't pay corporate taxes but pays personal income tax on the profits made.McBride Financial Services is limited partnership. Limited partnershi ...

(2 pages) 543 0 1.0 Dec/2006

Subjects: Businesss Research Papers

Corporate characteristics

ity for tax and liability purposes and is registered as that for liability purposes. The owner pays income tax on the business in conjunction with his/her taxes; therefore they are fully responsible f ... are not equal when it comes to decisions and liability. The partnership nor the business itself pay income taxes the individual partners must report their gain and losses of their shares on their indi ...

(3 pages) 57 0 0.0 Apr/2007

Subjects: Businesss Research Papers

Motivational Concepts

h ideas."The way this theory would apply in my work experience is, in 1994 I knew nothing about the income tax field. It was my drive to learn more, since this was interesting to me. I worked at a tax ... my boss sold his company. My motivation was I had to learn everything that there was to learn about income tax, since this was a busy office with only two of us to do the work. At the end of the three ...

(4 pages) 91 0 3.0 May/2007

Subjects: Social Science Essays > Psychology

Case Study on Baker Company Limited--Loss Carry Forward

the loss year. As a result, the net loss for the year decreases. In the future profitable year, the income tax is reduced to the level at which the tax saving benefit from the previous year is utilize ... s most suitable when it is more likely than not for the company to expect sufficient future taxable income. According to BCL management, it is conservative to predict that the company will at least br ...

(4 pages) 15 0 3.0 Jun/2007

Subjects: Businesss Research Papers > Case Studies

Tax system definition

. It is subject to person or property, in other world, tax occurs upon them when people expense and income, or property value changing. Thus, a tax system is a governmental assessment (charge) upon pr ... (charge) upon property value, transactions (transfers and sales), licenses granting a right, and/or income (Gerald and Kathleen, 2005).New Zealand tax systemNew Zealand is a country that enacted a tax ...

(5 pages) 65 1 2.8 Sep/2007

Subjects: Businesss Research Papers > Accounting

Faith-Based Schools

of Ontario. The money to pay for this increased cost of building new infrastructures comes from the Income Tax, which is an important source of revenue for the government to provide services. Unfortun ...

(4 pages) 17 0 0.0 Dec/2007

Subjects: Law & Government Essays > Human Rights


ion, taxing of sales, of alcohol on Sundays, it is possible that this state could all but eliminate income tax completely. Yet the law stays in place, and has actually resisted several efforts to elim ...

(2 pages) 44 0 5.0 Apr/2008

Subjects: Law & Government Essays

Applied Statistics in Business and Economics, by Doane and Seward: Text Questions. 2)Chapter Exercises 12.48 and 12.50 b. Chapter Exercises 13.30 and 13.32 c.Chapter Exercise 14.16

extra computational burden.Chapter Exercises:12.48In the following regression, X = weekly pay, Y = income tax withheld, and n = 35 McDonald's employees. (a) Write the fitted regression equation. (b) ...

(6 pages) 143 0 2.3 Nov/2008

Subjects: Businesss Research Papers > Management

6-Hat Thinking

thinking for the question. What is the best strategy for providing assistance of health care to low income and/or high-cost people? Include analysis of the criteria for defining the amount of assistan ... tegy is better than alternatives --- provide clear criteria.6-Hat thinking about assistance for low income/low income high cost people for health careLevying a tax on the income of the wealthy so as t ...

(5 pages) 35 0 0.0 Jul/2010

Subjects: Businesss Research Papers > Management > Management Planning & Decision Making