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

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    Tax Case Study in Vietnam

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    CASE 1 Mrs Nguyen Thi Thuy is the reporter of An Giang newspaper. She has won the second prize in the competition “ Creative day for Vietnam” supported by World Bank with the project “creating job for the blind”. With the money given by the competition she opened her first shop “Van Tho” in An Giang. Then she opened the second shop in Can Tho at Ngo Duc Ke Street. The problem is that when opening the second shop‚ she is asked to pay the excise tax (massage business is one of the taxable objects)

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    betting or gambling is an addiction‚ and that like any addiction they are wrong for us. We should stop being addicted to anything. Introduction: I. Attention Getter: Don’t do it in excess. Once you do it‚ you aren’t going to stop doing it. One is nothing. If someone says to you give 5 dollars‚ and if you get a question right I will give you 50 dollars. Would you do it? I think you everyone would do it. According to Gregory Jantz writer of the book “Turning the tables on gambling”‚ two thirds

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    Corporate Tax Case Study

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    personal injury case. His wife Jane Smith accompanies him during your meeting because she has some additional tax planning advice to ask of you. ROLE: After reviewing John and Jane Smith’s points of view‚ it will be your turn as a tax professional to decide on the best course of action from a tax perspective on their issues. Prepare a three page memo (at least 900-1‚500 words per page) to John and Jane Smith addressing the issues presented. PLAYERS: JOHN SMITH ESQ. “I worked on this case for over two

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    Gambling was declared illegal in 1892 when leaders worried the “get rich quick” method would destroy the Protestant work ethic. It remained a criminal offence for three-quarters of a century until‚ under pressure from Quebec to pay off its debts and raising money for the Montreal Summer Olympics‚ prime minister Pierre Trudeau legalized lotteries in 1969‚ as well as legalizing abortion‚ homosexuality and expanding gun control. Ontario’s government is hardly alone in its unabashed enthusiasm for gambling

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    California Tax Case Study

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    Case Study Mining Data To Increase State Tax Revenues in California 1. What are the benefits of using the new INC system? -identification of nearly 100‚000 non-filers -an additional net review of $36 million per year -uses Unique identifier to synchronize the direct and indirect indicators -elimination of 55‚000 incorrect actions sent by the Bureau -saving HR the hassle of addressing erroneous notices     -increased functionality and capacity 2. Why didn’t the California Franchise

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    life without gambling

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    Without Gambling? After reading about Dr. Tamokashis field work I realized how gambling is an incredibly important aspect of the Gende people of the Yandera village. In our culture gambling is looked down upon. However‚ for the Gende people it helps redistribute the wealth back into the economic system to those who are in need. If an anthropologist who had an ethnocentric view would walk into the Gende culture the effects could be disastrous. By taking away something as minuet to us as gambling it would

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    Tax Exemption Case Study

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    increased to more than twenty-five thousand business leagues and collective revenues of $19.5 billion. Providing tax exemption status to companies generating

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    Asian Gambling Culture

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    My father moved from the North to the South after the officially unification of the North and South Vietnam in 1975. He met my mother‚ and they got married. My parents and most of my extended family aren’t big on gambling‚ so I personally never understood the appeal and thrill of gambling. A couple years ago‚ my parents had sent me to study abroad with the hope that I am able to have a better education in the United States. Once I started to go to college here‚ I have a broader perspective about the

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    Providing Tax Advise Case

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    Providing Tax Advise Case “Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it‚ rich and poor alike and all do right‚ for nobody owes any public duty to pay more than the law demands." (Judge Learned Hand 1872-1961) With regards to the principles‚ there shouldn’t be any conflict of interest between upholding the public interest and providing tax advice to reduce people’s tax liability. No tax payer should

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    Tax Memorandum Case Study

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    June 13‚ 2011 TAX FILE MEMORANDUM FROM Lance Vogt SUBJECT Cindy and Ralph Edmonds FACTS Cindy and Ralph Edmonds own TidyCo. Inc. They have a negative accumulated and current E&P and a basis in the stock of $300‚000. They have been found to have $200‚000 unreported income from the Laundromat they own in cash in their home. The IRS is planning on taking them to criminal court to charge them with evasion. ISSUE Does any of the information or facts effect on the evasion charges.

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