The United States and Mexico signed the Guadalupe-Hidalgo Treaty on 2 February 1848. Mexico decided in the Treaty to forfeit all rights to Texas, and to recognize the Rio Grande as that state's frontier. Mexico has also agreed to sell its New Mexico and Upper California territories to the U.S. for $15 million. The deal basically halved Mexico 's size and expanded US territory
This sharing of territories had long-term consequences on both countries. The war and peace expanded the United States to the Pacific Ocean, providing for a growing nation with a wealth of ports, minerals, and natural resources. The abundance of lands also gave rise to debates about expanding slavery to the West, a dispute that would help spark a civil war that defines a nation. In Mexico a national tragedy was the destruction of wars and territories. Mexico has plunged into a long period of instability, civil war, and international involvement as political and military leaders questioned one another on the best way to recover their troubled country.
Yet the war has also motivated new leaders eager to prevent more embarrassment for their country. The young generation eventually unified Mexico, pushed foreign settlers out and laid the foundations of a modern state. However, maybe the war's most lasting influence is on US-Mexican relations. While the war is remembered with enthusiasm south of the border, it is still forgotten northwards. And, while the two countries have formed strong relations and friendly links since 1848, these neighbors are still grappling with the mistrust and misunderstandings generated by the war, its consequences and the different approaches to remembering the conflict.
Glacier Company owns 70% of Guadalupe Company. During the current year Guadalupe reported net income of $500,000 and paid dividends of $200,000. The tax rate is 25%. Assume dividends received are deducted at 65% for ownership between 20% and 80%. What current tax liability is created by this dividend payment? a. 12,250 b. 49,000 c. 17,500 d. 18,375 e. 73,500
Glacier Company owns 70% of Guadalupe Company. During the current year Guadalupe reported net income of $500,000 and paid dividends of $200,000. The tax rate is 25%. Assume dividends received are deducted at 65% for ownership between 20% and 80%. What differed income tax liability should be recognized? O $12,250 0 $49,000 O $17,500 0 $18,375 O $73,500
In Te Tiriti o Waitangi – The Treaty of Waitangi (a) On how the Treaty can be significant for those running or planning to run a business in New Zealand (b) The significance of the Treaty in the field of intellectual property – trademarks.
Glacier Company owns 70% of Guadalupe Company. During the current year Guadalupe reported net income of $500,000 and paid dividends of $200,000. The tax rate is 25%. Assume dividends received are deducted at 65% for ownership between 20% and 80%. What differed income tax liability should be recognized? O $12,250 0 $49,000 O $17,500 0 $18,375 O $73,500 Sababa Company owns 60% of Basa Company. Basa owes Sababa $200,000. In preparing the consolidated financial statements, what amount of Basa's liability...
Guadalupe purchases an office building to use in her business at a cost of $520,000. She properly allocates $20,000 of the cost to the land and $500,000 to the building, Assume that Guadalupe would like to deduct the maximum depreciation on the building. Guadalupe sells the building on October 26, 2019. Refer to the MACRS Depreciation Tables to answer the following questions. Note: For intermediate percentage depreciation computations, round to three decimal places. Hint: Don't forget about mid-month convention in...
Which of the following is a true statement? a. A treaty must be approved by a majority of the Supreme Court Justices before being signed by the President.. b. A treaty signed by the President does not need approval by Congress. c. A treaty signed by the President and approved by the Senate has the legal force of a federal statute. d. A federal statute may not supersede a prior treaty.
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