face serious penalties‚ legal fees‚ and even go to jail. In support of exclusions from gross income relating to discharge of indebtedness‚ Stevens v. Commissioner 2008 is a primary example as the court case was held in the United States Tax Court. Gerard Stevens was held responsible for determining a $21‚323 deficiency in his Federal Income Tax for 2003 and the argument was whether Stevens failed to include in income his discharge of indebtedness or if he was liable for the accuracy-related penalty
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After Independence in 1965‚ the population of the country was growing at a rate that would seriously threaten the success of Singapore. The Government introduced the "Stop at two" policy to help control the rapid population growth. It was introduced in 1969. The policy had a very successful response; in fact‚ it was so successful that the population started to decline. Couples saw the benefits in having a smaller family‚ such as more money‚ higher quality of life and cars. The population increase
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Since its official formation dating back to 1947‚ Singapore Airlines have founded its business on world-class service quality in the airline industry. Such a reputation is built on core aspects of the airlines service delivery which includes features like the friendly service‚ prompt flights and in-flight entertainment system. As consumers‚ we only see these final outcomes and therefore‚ often forget that these qualities are a product of much planning‚ trial and of course - teamwork. The efficient
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dialect groups‚ religion‚ and many other categories. Therefore the various classification of culture itself may seem endless. The purpose of this report is to identify the Chinese culture in Singapore‚ particularly aspects that are important for foreign businesses. 2.0 The background of Chinese in Singapore The traditional Chinese society basically evolved from Confucian teachings: If you want to rule the state‚ first put your house in order; if you want to put your house in order‚ first
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Polaris Industries Inc. (NYSE: PII) declared today its new deals and profit objectives for the Company through 2018. In particular‚ the Company detailed that it has set up goals for add up to Company deals to develop to $2.2 billion before the finish of the 2018 schedule year with net wage from proceeding with tasks expanding to $150 million. Weakened income for each offer from continuing with activities developing to $4.25 per share amid a similar period. The Company showed that it means to accomplish
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In the last decade‚ Singapore had liberalized immigration policies thus a large influx of foreigners. There are several reasons to this decision. Firstly‚ is to keep the citizen population size stable due to declining total fertility rate‚ longer life expectancy and migration. According to AsiaOne news (a Singapore Press Holding portal) dated 24th April 2012‚ the paper stated that Singapore’s ageing population will outstrip births by 2025 if fertility rates remain low. Immigration can help mitigate
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The little island country of Singapore has many nicknames. “The Lion City”‚ “Little Red Dot”‚ “The Fine Country”‚ but her most famous nickname is “Disneyland with a death penalty”. Chewing gum‚ spitting littering‚ homosexual acts between men‚ jaywalking‚ and simply leaving the toilet unflushed are all illegal in Singapore. An intimidating place to visit indeed‚ you might think. But Singapore has that “Disneyland” in its nickname for a reason. With over one hundred shopping malls‚ eight nature
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Singapore has only a small land area of 700 km2 of land which means that there are only a few water catchment and reservoirs. Due to the increase in population to approximately 5 million‚ there is an increased demand for water‚ especially for domestic use. The expansion in the industrial development will further increase the demand for water in the industrial sector to cool and clean the machines. Therefore‚ Singapore uses several strategies to increase water supply to meet the demands of the population
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Cambodia 0r Singapore 1.) The health social conditions of Cambodia using the human development indicator were; their life expectancy at birth is 62.2. Its prevalence of undernourishment in total population (% of population) is 25. The country’s expenditure on health‚ public (% of GDP) is 1.7 and under-five mortality (per 1‚000 live births) is 90. 1.) According to the Human Development Indicator of Singapore their Life expectancy at birth (years) is 80.7. Its mortality rate is 3 (per 1‚000
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Introduction The following text is a review on the Harvard Business Review Have you restructured for global success? By Kumar‚ N. and P. Puranam‚ published in 2011. The article focuses on the importance of structural changes that occur or have to be implemented‚ when multinational companies enter emerging markets‚ such as China and India‚ in order to operate successfully and exploit these markets to their full potential. The authors name several examples of what challenges companies faced and
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