[Taxation]Historically, taxpayers have implemented strategies to mitigate or eliminate the effects of double taxation. Why might taxpayers think twice before implementing such strategies today? Explain.
(The nondeductibility of the distribution by the corporation, coupled with the taxation of the distribution to the shareholder, creates double taxation of the corporation’s income, first at the corporate level and then at the shareholder level. The double taxation of distributed corporate income has been a principle of the U.S. income tax.)
Double taxation is the income tax paid by the assese twice on the same income. It happens when income is taxed at both corporate and personal level. It can also occur in interanational trade or investment when the same income is taxed in two different countries. Double taxation is a negative element of taxation system as it proves to be a burden on the taxpayers.
To deal with this double taxation system a double taxation avoidance agreement is made between countries so that tax cannot be charged on the same income of non- residents. It is a tax treaty signed between india and other countries so that avoidance of double taxation is posiible.
corporates are considered as a seperate entity from its shareholders. so the shareholders have to pay tax twice first on their income at personal level and secondly when comapny distributes dividends then also they have to pay tax.
[Taxation]Historically, taxpayers have implemented strategies to mitigate or eliminate the effects of double taxation. Why might...
Subject: HRM Introduction and Instructions You have recently been hired as the Director of Human Resources for Wilson Brothers Canada and have HR responsibility for all of the company’s Canadian operations. Bob and John Wilson have asked you to prepare a report for their review focusing specifically on organizational behavior within the company. Review the Wilson Brothers Case Scenario in depth and address the required topic listed below in your analysis report. Marks are allocated for thoroughness of coverage of...
Read the Article posted below, then answer the following questions: Mergers & acquisitions are a major form of corporate diversification strategy, identify and discuss the top three reasons why most (50-60%) of acquisitions fail to create shareholder value. What are the five major components of “CEMEX Way” and why has this approach been so successful in post-acquisition integration? In your opinion, what can other companies learn from the “CEMEX Way” as a benchmark for acquisition management? Article: CEMEX: Globalization "The...
First, read the article on "The Delphi Method for Graduate Research." ------ Article is posted below Include each of the following in your answer (if applicable – explain in a paragraph) Research problem: what do you want to solve using Delphi? Sample: who will participate and why? (answer in 5 -10 sentences) Round one questionnaire: include 5 hypothetical questions you would like to ask Discuss: what are possible outcomes of the findings from your study? Hint: this is the conclusion....