"Tax treatment of gambling loss as in tschetschot case" Essays and Research Papers

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    Social Problems Created by Gambling Submitted to Ms. Joyce Lim Senior Executive MEMO TO: Ms Joyce Lim FROM: Andy Tan‚ Executive‚ Ministry for Home Affairs DATE: 28 September‚ 2012 SUBJECT: How to minimize social problems arising from gambling As you requested on August 2012‚ our report outlines the findings into how to minimize social problems arising from gambling. Since casino started operations‚ casino-related crimes have been occurring on average

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    abstract This paper will focus on the case conceptualization and treatment plan for the client. It will include the use of cognitive theory as it relates to the client’s concerning issues. In addition this paper will focus on devising specific goals and interventions as it related to the need of the client. The writer will briefly discuss the use of existential theory as it relates to the clients concerning issues. Furthermore‚ this paper will focus on spiritual challenges and provide a more spiritual

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    Tax Cheatsheet

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    Net Acc profit (before dep & tax) Expense Deductible N.D Charge to P/L Nothing Add Not charged Minus Nothing Revenue Taxable N.T Credited to P/L Nothing Minus Not credited Add Nothing Add: 10(1)(a) income not credited to P/L Expense charged for Non 10(1)(a) Less: Non 10(1)(a) income credited to P/L 2. Adjust Profit (s10(1)(a)) • Less: Further Deductions‚ Capital Allowances Add: Non 10(1)(a) income 3. Statutory Income • Less: Trade Loss‚ Approved Donation 4. Assessable

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    include a serious gambling problem and environmental concerns. The history of Australia and how it was settled is interesting and different from most other countries. The first Europeans to arrive in Australia landed around 1606. Over the next 150 years‚ a total of about 54 European ships arrived in Australia. In 1770‚ Lieutenant James Cook claimed the eastern coast of Australia under construction of King George III of England (“Convict”). Australia

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    require evidence that the employer intended to discriminate. In Smith v. City of Jackson‚ Mississippi‚ 125 S. Ct. 1536 (2005)‚ the United States Supreme Court has held that claims under the ADEA may be brought under a disparate impact analysis. In this case the city of Jackson Mississippi put into place a new pay plan for police officers and in revising its employee pay plan‚ the city granted raises to all police officers and police dispatchers in an attempt to bring their starting salaries up to the

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    Tax Memo

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    ------------------------------------------------- Tax Research Memo: Entity Selection Issue FROM: Mark J. Sobanski‚ CPA TO: Penelope‚ Mark and John. DATE: April 15th‚ 2013. SUBJECT: Entity Selection for the new business. Issue/ Considerations: It is desired to study the issue of how should the new business to be started by Penelope‚ Mark and John be structured? The related tax and non-tax considerations are as follows – I. The different forms of organization available to Penelope‚

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    Corporate Tax

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    Ch. 12 Taxable Income and Tax Payable for Corporations I. Calculation of Net Income For Tax Purposes and Taxable Income - Corporations follow the applicable ordering rules of Section 3 in computing NITP Net Income for Tax Purposes Less: Div C deductions Taxable Income Most of the Div. C deductions for corporations are DIFFERENT from the Div. C deductions for individuals. Div C deductions for Corporations: 1. Charitable

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    Tax Memorandum

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    Tax file memorandum Subject: Profit or Loss from business I. Facts: In early 2010‚ Walter Hodges became interested in the real estate market so he initiated his investigation into the real estate market. Mr. Hodges intended to acquire real estate with the intentions for investment or rental. Mr. Hodge has no previous knowledge or exposure to any real estate rental or investment industry. As a result‚ Mr. Hodges began in Spring 2010 to advertise and expose his business through

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    Tax Exam

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    distributes$100‚000 of the cash to Susan in liquidation of her interest. Susan’s basis in the partnership interest was $90‚000 immediately before the distribution. The land is encumbered by a $20‚000 mortgage that the partnership assumes. How much gain or loss does Susan recognize and what is its character? Susan recognizes $25‚000 of ordinary income and a $5‚000 capital gain; the partnership cannot claim a deduction. Because Susan is a limited partner‚ SJ’s $25‚000 payment for her share of unrealized receivables

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    TAX AVOIDANCE vs. TAX EVASION From the time taxes were first imposed on American citizens‚ people have been trying to find ways to escape paying them. While some taxpayers continue to find legal ways to avoid paying a portion of their taxes‚ others simply choose to evade taxes or not pay them at all. Avoiding taxes and evading taxes may sound like similar actions‚ but the two terms have very different meanings. Avoiding taxes can be accomplished though various legal means‚ whereas evading taxes

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