Explain changes in the U.S. economy that have made Public Law 86-272 partially obsolete. Provide an...
Explain changes in the U.S. economy that have made Public Law 86-272 partially obsolete. Provide an example of a company for which Public Law 86-272 works well and one for which it does not.
Homework Answers
Answer:
Public law 86-272 was confined in 1950 .It was intended for traditional organizations who sold tangible individual property .However,now a days a few states have received the idea of economic nexus which says that sale of intangible property will result into physical nearness and make income tax nexus . Also,Multistate tax commission has embraced the Factor Presence Nexus standard in 2002.
This approach expresses that if taxpayer in any of the accompanying criteria nexus is said to be built up .
i)Property of $ 50,000
ii)Payroll of $ 50,000
iii) Sales of $ 50,000
iv) 25% of all out property finance or sales
On the off chance that this standard will be maintained public Law 89-272 will get unessential.
Add Answer to:
Explain changes in the U.S. economy that have made Public Law
86-272 partially obsolete. Provide an...
Under Public Law 86-272, which of the following actions by itself would create income tax nexus...
Under Public Law 86-272, which of the following actions by itself would create income tax nexus for a taxpayer with a state? a. Maintenance of the taxpayer’s inventory in the state by an independent contractor to be used for deliveries to customers in the state. b. Having a sales employee who is a resident of the state, but who performs services only in another state. c. Using an independent contractor who acts as sales agent for the taxpayer through the...
1. Provide at least one example of a public health achievement that you think has made...
1. Provide at least one example of a public health achievement that you think has made a significant difference in people's lives. 2. Explain why this achievement was considered "public health?"
explain what impact lifestyles, socioeconomic status, and community resources have on public and community health. provide...
explain what impact lifestyles, socioeconomic status, and community resources have on public and community health. provide an example. how have you seen this at work in your own community
1. Describe the overall structure of the U.S. Federal Reserve System. Be sure to provide at...
1. Describe the overall structure of the U.S. Federal Reserve System. Be sure to provide at least 5 characteristics of the Fed in your response. An example of one of the many characteristics is that the Fed was created under the Federal Reserve Act of 1913. This is what I am looking for (simple and basic fact) but please do not use this one (1913) anymore........ Be creative on your own answers and be sure to elaborate on your answers...
The Tax Cut and Jobs Act, 2017 The changes made by the Tax Cut and Jobs...
The Tax Cut and Jobs Act, 2017 The changes made by the Tax Cut and Jobs Act, 2017 to the tax provisions have changed tax rate for 2018 and people are getting a first hand experience of what it means to them. Go over the Act and address the questions below: What are the major changes made to the tax provisions by the Act? What impact is it likely to have on our GDP and government’s budget? How have the...
#) Throughout the term we have used a modified version of Fick's Law of Diffusion to better understand the flux of water, solutes,gases, electrical charge, blood, air, and heat. Please write...
#) Throughout the term we have used a modified version of Fick's Law of Diffusion to better understand the flux of water, solutes,gases, electrical charge, blood, air, and heat. Please write Fick's Law below. Choose two of the three variables on the right side of the equation and for each, provide a specific biological example in which that variable changes and explain how that change alters the net flux of whatever is fluxing.
#) Throughout the term we have used...
HOMEWORK A2a – Required Chapter ‘Tracking the U.S. Economy’ Q2. Defi
HOMEWORK A2a – Required Chapter ‘Tracking the U.S. Economy’ Q2. Define gross domestic product. Determine whether each of the following would be included in the 2007 U.S. gross domestic product: Profits earned by Ford Motor Company in 2007 on automobile production in Ireland. Automobile parts manufactured in the United States in 2007 but not used until 2008. Social Security benefits paid by the U.S. government in 2007. Ground beef purchased and used by McDonald’s in 2007. Ground beef purchased and...
Choose a public company and report on its stock performance. Answer the following questions: Provide a...
Choose a public company and report on its stock performance. Answer the following questions: Provide a brief company description. What it its stock symbol? What is its current stock price (report the date/time you note the price). What is the number of outstanding shares? What does this say about the company? What is the one week, one month, and one year price range? What are the earnings per share (EPS)? What does this mean? What latest news about this company...
You work for several accountants who are hosting a public seminar on recent changes to tax...
You work for several accountants who are hosting a public seminar on recent changes to tax law that are applicable to the new tax year. You and two of your coworkers are tasked with automating the seminar participants’ sign-in process by creating a sign-in form in an Excel workbook (based on a workbook created by a previous team) and a macro. Today you and your coworkers are holding a ‘brainstorming session’ in preparation for creating the form. As the ‘brainstorming...
U.S.-based investment banks have undergone what many would consider substantive changes in the last eleven years,...
U.S.-based investment banks have undergone what many would consider substantive changes in the last eleven years, over the period 2007 to 2018. This period coincides with the Great Recession, which was a significant driver of changes to investment bank business and characteristics. Such changes include wider fluctuations in mergers and acquisitions, reduced initial public offering underwriting, reductions in staffing, and associated impact on investment bank balance sheets. For this case study, address the following items: 1. Identify one of the...
1. Describe the overall structure of the U.S. Federal Reserve System. Be sure to provide at least 5 characteristics of the Fed in your response. An example of one of the many characteristics is that the Fed was created under the Federal Reserve Act of 1913. This is what I am looking for (simple and basic fact) but please do not use this one (1913) anymore........ Be creative on your own answers and be sure to elaborate on your answers...
#) Throughout the term we have used a modified version of Fick's Law of Diffusion to better understand the flux of water, solutes,gases, electrical charge, blood, air, and heat. Please write Fick's Law below. Choose two of the three variables on the right side of the equation and for each, provide a specific biological example in which that variable changes and explain how that change alters the net flux of whatever is fluxing.
#) Throughout the term we have used...
Most questions answered within 3 hours.
-
Suppose you drive an old truck with a 32 gallon gas tank that
gets 16 miles/gallon....
asked 1 minute from now -
As
an analyst you believe that Acme Company will pay a dividend of $3
per share...
asked 3 minutes ago -
Claim: At most 81% of adults do not have hypertension. When 869
randomly selected adults were...
asked 19 minutes ago -
Assume a class has 19 members.
a. In how many ways can a president, a vice...
asked 17 minutes ago -
What could be a possible reason that protozoan infections are
increasing in the United States
asked 16 minutes ago -
Implement a Full Adder with two 4x1 Mux and the MSB as possible
inputs of the...
asked 26 minutes ago -
offering the survey (maybe via smart phones) is a good idea?
why?
asked 22 minutes ago -
2. Construct a business plan for your proposed business in
question 1, paying particular attention to:...
asked 20 minutes ago -
1. Choose a work situation in which you were required to do a
lot of creative...
asked 26 minutes ago -
An aqueous solution of barium hydroxide is
standardized by titration with a 0.196 M solution
of...
asked 1 hour ago -
accorsing to the data from thw college board, the mean wuantitive
Sat score for s demale...
asked 2 hours ago -
1- What are 5 general characteristics of Botticelli’s
paintings?
2- Describe 5 important traits of Flemish...
asked 3 hours ago