Suppose the top corporate statutory tax rate will decrease from 35% to 30% next year. The CFO

Question:

Suppose the top corporate statutory tax rate will decrease from 35% to 30% next year. The CFO of ABC wants to defer as much income as possible and asks you to prepare a detailed list of actions to shift income (that is, ways in which the firm can shift income). For each action, she wants you to outline any nontax costs associated with the action.
Corporation
A 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...