Corporate tax

The use of tax havens as a business motive to reduce tax liability has long been a tradition for many MNCs (Fisher 2014, p338). Recently, Apple Inc. has received worldwide attention for its tax avoidance behaviour. For instance, the Australian Taxation Office (ATO) has made an inquiry regarding Apple’s 85 million dollars income tax payment in 2015, even though the company made nearly 8 billion dollars in local revenue (Khadem 2016a). This implies that the company had avoided paying its fair…

overall public health. The purpose of these taxes are to help to urge consumers to buy healthy food items and sway them from the unhealthy choices, they also are intended to be a boost to government tax revenues. However, these fat taxes have been shown to not improve public health or boost government tax revenue effectively, they have also been shown to fail and be repealed, and finally many people see these taxes as inappropriate and a violation of their individual freedom. These fat taxes…

Although the United States increased their tax plan they also overextended their spending budget as they spent over $3.687 trillion creating a deficit of $438 billion (Jeffery, Terence P.). With statistics like these most citizens would like to see the budget for spending decrease along with fixes in “social class” taxation.…

improvement in the US followed President Ronald Reagan’s tax cuts and Paul Volcker’s defeat of runaway inflation. These achievements led to a fairly solid economy that lasted for a few years. By 1980, it was generally understood that price controls and minimum wage increases were not the answer. Thus, adjustments were made soon after President Reagan took office in 1981. Reagan quickly abolished what remained of oil and gas price controls. Tax reductions were soon introduced and the US economy…

“Think strategically about your future working life”. That is Behren’s and Rosen summation of a few highly respected economist and analyst advise about the offshoring and globalization of the American jobs that has decimated the middle working class of this country. Well and good and worth considering if one is in high school or about to decide what major to embark on. However, for those who have already lost their jobs, homes and families due to offshoring or about to lose their job, wait a…

sued, hire employees, own assets and pay taxes. Advantages of a corporation is it is a limited liability that protects owners from losing more than they invest. The business can achieve large sizes due to marketability of stocks. It receives certain tax advantages. Has greater access to financial resources allows growth within the company. Attracts employees with specialized skills which can help the business. Disadvantages of a corporation is double taxation because both cooperate profits and…

from now on referred to as agricultural cooperatives, social welfare enterprises, private educational institutions and private non-enterprise units referred to below. Due to the different legal forms of various social enterprises in the ownership, tax relief, profit distribution, governance, etc. have different characteristics. First of all, in the ownership of commercial enterprises, social welfare enterprises and private education institutions with the nature of the investor-owned agricultural…

Trump Versus Clinton: The Issues This election has proven to be a rather unusual demonstration of American politics. We have one candidate that has never held public office and one who wishes to be the first woman president of the United States. Both candidates have seen their share of controversy. Clinton with her email scandal and Trump with his obscene Many people believe they have to choose the “lesser of two evils.” After inspecting candidates stances on climate change, common core,…

outweighing its revenue received through taxes. Our revenue and spending are becoming great issues as they both persist to exponentially increase every year. Taxes are one of the most significant aspects keeping our country running. In particular, corporate taxes being one of the main forms of revenue. Prime Minister, Malcolm Turnbull has proposed to cut these taxes to a lower rate. These cuts have not been analysed in depth and the negative impacts have not been considered. As young…

Purpose At the end of my presentation, the audience will favor purchasing entertainment, as opposed to illegally downloading pirated material. Introduction Let’s be honest, we’ve all downloaded a form of pirated entertainment at least once in our lifetimes. It could’ve been your favorite pop album, or a 20 minute TV show you’re enjoying at the moment. But what we fail to realize is how it actively hurts the creators, and everyone involved. Illegally downloaded entertainment hurts many without…