Discuss what is meant by the term double taxation of corporations. Develop an example of double taxation
Question:
Discuss what is meant by the term “double taxation” of corporations. Develop an example of double taxation using a corporation and shareholder.
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
The term double taxation refers to the taxing of the same income twice This t...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Federal Taxation 2018 Comprehensive
ISBN: 9780134532387
31st Edition
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
Question Posted:
Students also viewed these Business questions
-
What is meant by the term double taxation of corporate income?
-
Using the Internet, identify what is meant by the term digital divide. What actions do you think could be taken to lessen this divideboth within your own country and elsewhere in the world?
-
What is meant by the term income smoothing?
-
In Problems 1318, express the graph shown in blue using interval notation. Also express each as an inequality involving x. -1 0 1 2 3
-
In Exercise 3-66, recall that 20 parts are checked each hour and that X denotes the number of parts in the sample of 20 that require rework. (a) If the percentage of parts that require rework remains...
-
Minitab was used to fit the model E(y) = 0 + 1x1 + 2x2 to n = 20 data points, and the printout shown on the next page was obtained. a. What are the sample estimates of 1, 2, and 3? b. What is the...
-
Explain your rights as an employee.
-
The following financial information was taken from the books of Zone Health Club, a small spa and fitness club: Account Balances as of December 31, 2016 Accounts Receivable ......... $12,450 Accounts...
-
Part A 1) What is the difference between a current and long-term liability? 2) What are some examples of known current liabilities? 3) How are known current liabilities different from estimated...
-
Bath Co. is a company specializing in the manufacture and sale of baths. Each bath consists of a main unit plus a set of bath fittings. The company is split into two divisions, A and B. Division A...
-
The Bruin Corporation, a C corporation, is owned 100% by John Bean and had taxable income in 2017 of $500,000. John is also an employee of the corporation. In December 2017, the corporation has...
-
Limited liability companies (LLCs) are very popular today as a form of organization. Assume a client asks you to explain what this type of organization is all about. Prepare a brief description of...
-
At Gems in the Rough, a jewelry company, the engraving department is a bottleneck. The company is considering hiring an extra worker, whose salary will be $56,000 per year, to ease the problem. Using...
-
Mallard Company sponsors a pension plan with the following pension benefit: Benefit paid at each year-end during retirement = (Number of years worked x Annual salary at retirement) +25 Employee Josie...
-
How does cultural awareness influence business communication, especially in multinational or cross-cultural contexts?
-
Explore the impact of digital transformation on business writing. How has the proliferation of communication platforms changed the way professionals write and interact?
-
individual groups and departments within a company often focus on optimizing their own objective and local processes. this can be a problem why?
-
Direct materials Polaski Company manufactures and sells a single product called a Ket. Operating at capacity, the company can produce and sell 30,000 Rets per year. Costs associated with this level...
-
Which of the following compounds has a stereoisomer that is a meso compound? a. 2,4-dibromohexane b. 2,4-dibromopentane c. 2,4-dimethylpentane d. 1,3-dichlorocyclohexane e. 1,4-dichlorocyclohexane f....
-
The senior management at Davis Watercraft would like to determine if it is possible to improve firm profitability by changing their existing product mix. Currently, the product mix is determined by...
-
Anna, age 65, who lives with her unmarried son, Mario, received $7,000, which was used for her support during the year. The sources of support were as follows: Social Security benefits ..$1,500 Mario...
-
For the following taxpayers, indicate which tax form should be used, the applicable filing status, and the number of personal and dependency exemptions available, and the number of children who...
-
List the conditions that must be met in order to claim a dependency exemption for qualifying children and qualifying relatives. Briefly explain each one.
-
refine Amazon's diversification strategy to help maintain long-term competitive advantage 2 answers
-
Expat Tax Breaks for Brexit Bankers: FT ReadersRespondA selection of opinions on the causes and consequences ofBrexit job movesNiki Blasina, Monika Pronczuk and FT ReadersNovember 2, 2018In our 2...
-
Answer Q7, Q8,Q9 please Questions 7 through 14 are based off the following information. Each question is worth 3 points each. Given the following information and the bill of material, develop a...
Study smarter with the SolutionInn App