Introduction: This report is to find out whether the tax avoidance arrangements exists in the situation of taxpayers restructured their business as a trading trust for the purposes of section BG1 of the Income Tax Act 2007. Issue: Mr A and Mr B‚ two independent shareholders work full time in the IT Consultancy business. They were paid $80‚000 salary each in the first year but decreased to $50‚000 in the second year because business has gone down due to earthquake. They had received a dividend
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customers in a system so that utilizing delivery system. So they guarantee delivery within 20 minutes as well. This is also the reason they do FDI. And another one‚ Cement industry is very sensitive to GDP growth‚ interest rates‚ and other macroeconomic factors‚ and etcetera. They’re not only concentrating on their home country‚ but also doing FDI to reduce the risks by diversification to get stable revenues as well. The last one is that cement plants have to be closed
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Fairness in the American Taxation System The hot topic in America right now is taxation. While many members of society believe the current taxing system is fair‚ others believe it is not. The President‚ congress‚ and the senate try their hardest to work together to please the entire population with all of the reforms they make. Not only is paying taxes mandatory for American citizens‚ it is a public duty. The reason people are required to pay tax is because the government uses the money collected
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Is the orthodox view of parliamentary sovereignty still relevant in the modern British constitution? Why (not)? 1. The orthodox view of parliamentary sovereignty To define parliamentary sovereignty does not seem too complicated when it is assessed in isolation. Only in connection with other constitutional principles difficult tensions arise. The orthodox view of parliamentary sovereignty is simply that only parliament has the right to make or unmake law and that no other institution can challenge
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V The United States of America-the New Lands The United States of America is a federal republic made up of fifty states and the District of Columbia. Its 9‚529‚063 square kilometers- nearly forty times the size of the United Kingdom- make it the fourth largest country in the world. In the east it is bordered by the Atlantic Ocean and in the west by the Pacific Ocean; approximately 4‚500 km of immensely varied land separate the east coast from the west coast. If you travel from east to west you cross
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Brainstorm Ideas for ABC Project A is for John Adams. He was one of the members of the Committee of Five and the First and Second Continental Congress. He‚ along with John Jay and Benjamin Franklin also helped negotiate the Treaty of Paris (1783)‚ which officially ended hostilities between America and Britain. This was significant because it ended the war‚ and America won independence. B is for Battle of Bunker Hill. This was one of the major battles in the American Revolution. Here‚ the
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What is the importance of directions the first time they are given? I think the importance of following directions the first time they are given is showing respect. When you are listen to someone or following their rules that showing respect for the other person. It is also rude to ignore an adults task when they have asked you as nicely as they could. Instruction are so things can run smoothly so that everyone can benefit from what they are doing without any consequences. For example‚ if you listen
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Over Immigration Restriction The term immigration refers to moving from your native country and coming to a foreign land for the purpose of a permanent residence and searching for greener pastures. There are several arguments by scholars about immigration restrictions to the United States. They had several similarities supporting immigration restrictions. Prescott Hall‚ Robert Ward‚ Frank Wright‚ Frank Fetter and John Mitchell all argued supporting the immigration restrictions. Immigrants
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protects civil liberties. People in the United States‚ hold civil rights‚ which are those privileges‚ immunities and rights held by all Americans and political rights‚ which are the rights that are restricted to those who are entitled to participate in elections‚ as candidates or voters. The distinction is important since not all are eligible to vote though they all should enjoy their freedoms. This may no longer be feasible as majority of the civil rights are taken to include the political rghts in
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Civil liberties are our natural rights‚ such as freedom‚ equality and pursuit of happiness‚ which the government cannot modify by making new laws or by judicial interpretation. Civil liberties are important because it helps restrain the power of the government to dictate how we behave. This ensures that our daily life is not interrupted by authoritative figures that may just try to intentionally cause harm. Civil liberties contribute to the protection of our personal choices‚ such as the right to
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