About tax avoidance UK courts: the courts adopted a more literal approach to the construction of legislation in the context of tax-sensitive transactions. Consequently‚ the courts often refused attempts by HMRC to reclassify arrangements and remove the advantageous tax effects of transactions structured to comply with a literal interpretation of the relevant tax legislation‚ (see for example IRC v Duke of Westminster [1936]). However‚ Ramsay heralded the beginning of a new approach to how the courts
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Do you dislike uncertainty? Well‚ Spongebob understands. In a popular meme‚ it shows an overly cheery Spongebob with the caption: “when you first start talking to someone and you act all proper because you aren’t sure when you can start acting weird.” This relatable meme actually demonstrates the initial thought process people go through when meeting new people‚ directly correlating with the uncertainty reduction theory. This theory states that the main goal whenever you meet a stranger is to reduce
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Title: Strategy Under Uncertainty ‚ By: Courtney‚ Hugh‚ Kirkland‚ Jane‚ Viguerie‚ Patrick‚ Harvard Business Review‚ 00178012‚ Nov/Dec97‚ Vol. 75‚ Issue 6 Database: Business Source Premier Strategy Under Uncertainty Contents Four Levels of Uncertainty Tailoring Strategic Analysis to the Four Levels of Uncertainty Postures and Moves WHAT MAKES FOR A GOOD STRATEGY in highly uncertain business environments? Some executives seek to shape the future with high-stakes bets. Eastman Kodak
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November 2012 Issue. Pp. 150 – 156 Tax Evasion and Avoidance Practices in Some Selected Corporate Firms of Bangladesh Mohammad Zahid Hossain Bhuiyan* The present study is based on a total number of 9 (Nine) tax appeal cases and opinions of a total number of 32(thirty two) respondents belonging to relevant tax officials and tax practitioners. The main reason of selecting the topic is the large scale prevalence of the tax evasion and avoidance crimes in Bangladesh which adversely affect both the
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Uncertainty Is the Only Certainty Samuel Beckett is known to be among the most influential writers of the twentieth century. Beckett’s comedic and tragic outlook on human nature was represented in his works’‚ and for that‚ he has given his readers reason to call them masterpieces. Waiting For Godot is one of his most well-known plays‚ famous for its odd humor and cryptic plot. Literary uncertainty was first brought to the stage with Waiting for Godot‚ and this element made
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Decision of Uncertainty Paper All decision-making has some level of uncertainly. “Competent researchers and astute managers alike practice thinking habits that reflect sound reasoning—finding correct premises‚ testing the connections between their facts and assumptions‚ making claims based on adequate evidence” (Cooper & Schindler‚ 2006). Data from appropriate investigations can lead to high quality decisions with a lesser amount of uncertainty. Risks in everyday life can be reduced. Our
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“Teaching the Vietnam War makes one realize how the shape of a narrative determines‚ and is determined by‚ its content”. The Vietnam War was one of America’s most controversial wars. Many of its aspects are still plagued with great uncertainty. Those aspects of the Vietnam War are argued and debated about‚ they were argued during the time of the war and the arguing has continued. The Vietnam War was indeed a time of confusion. Why did the war start? What was the United States’ real reason for getting
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Contents 1. Introduction………………………..….…………………………………………………2 2. Tax avoidance is not immoral………………………………………………………….2 3. Disapproving of the justifications of tax avoidance.…………………………………3 4. Other moral issues......………………………………………………………………….3 5. Conclusion.………………………………………………………………………………4 Reference list……………….……………………………………………………………….5 1. Introduction In the currently highly-integrated world some businesses are successful and big enough to become multinational
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The General Anti-Avoidance Rules Direct Taxes Code Bill‚ 2009 Background Avoidance – An attempt to reduce tax liability through legal means‚ i.e. to regulate your affairs in such a way that you pay the minimum tax imposed by the Act as opposed to the maximum Example – Mr. A forms a company to sell his products. The company pays 25% tax‚ but if he himself sold the products he would pay 30% Evasion – Use of illegal means to reduce tax liabilities‚ i.e. falsification of books‚ suppression
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Cost reduction Generally defined as the act of cutting costs to improve profitability. Cost reduction‚ should therefore‚ not be confused with cost saving and cost control. Cost saving could be a temporary affair and may be at the cost of quality. Cost reduction implies the retention of essential characteristics and quality of the product and thus it must be confined to permanent and genuine savings in the costs of manufacture‚ administration‚ distribution and selling‚ brought about by elimination
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