Legal Issues for Business Organizations – LIT1 Task 1 Legal Issues for Business Organizations – LIT1 Task 1 – Part A The way a business is organized is an important part of the business’s structure. “Different organizations provide different advantages and disadvantages in creation cost and simplicity‚ ongoing maintenance requirements‚ dissolution and continuity‚ fundraising‚ managerial control‚ public ownership‚ tax planning‚ and limited liability.” The nature of the business being conducted
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Paragraph 1 FePO4 is distinct from other α-quartz isotypes because its A cation is a transition metal. It is studied at different temperature ranged from 294K to 1073K by neutron powder diffraction. At relatively low temperature‚ it adopts the structure of α-quartz‚ which is tetrahedral and shown below. At high pressures‚ a phase change occurs to a more dense octahedral structure‚ which is known as β-phase. The transition temperature is 980K. During the first-order transition‚ discontinuities
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Anthony Cunningham Microeconomics Mr. G. E. Fitzgerald October 17‚ 2012 Tax Elasticity and Tax Policy No matter what‚ taxes matter. People talk about them‚ complain about them‚ and try to dodge them when they can. Businesses also react to taxes‚ both in how they organize their activities and‚ perhaps‚ in where they carry them out. How people and businesses react in turn affects the level and structure of taxation. The purpose of taxation is to raise revenue to pay for public goods‚ but
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Business Organization Joint – Stock Company An Entrepreneur or business owner will sell stock to investors‚ and in return‚ promise the investors a percentage of the company’s profits‚ based on how much stock they buy. We see this in larger businesses in the US‚ most notably during the market crash we experienced a couple years ago. Independent investors as well as other companies bought and shared stock with many of the big banking corporations‚ since the bands values began to drop‚ shareholders
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Organizational Forms A. Explain how at least six of the seven key characteristics listed in the introduction to this task apply to each of the following organizational forms: The goal of this report is to provide the owner of the business with a clear guide to each organizational form as well as how each characteristic applies to each form. A1a. Sole proprietorship A sole proprietorship is a business form in which one person is the owner of the business. Within this form the owner has no
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acceptance of Dozier Industries’ bid‚ the company CFO has been exploring the methods available to best manage the exchange risk associated with the award payment being dispersed in British Pounds (GBP). He originally considered a forward contract or a spot contract‚ but is now investigating how currency options could help hedge against uncertain foreign exchange exposure. The CFO needs to decide whether or not options contracts might provide some benefit to hedge the currency risk. As of 1/14/86
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incidence of income taxation in Bangladesh tax system. The main purpose of the study is to determine how the burden of personal and corporation income taxes is allocated among taxpayers of different income groups. In case of personal income taxes it shows that only 13 percent taxpayers paying around 73 percent of tax revenue collected through personal income taxes and interestingly about 53 percent taxpayers pay only 0.08 percent taxes. In case of corporation income taxes the study shows similar results
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about always warm and pleasant. When it rains it feels nice to sit around and enjoy the water droplets fall on the skin and roll off. Almost all of the beaches are crystal clear with warm sand‚ but beware when in the water. The ocean swells can go from playful three-foot waves to humongous twenty-foot monsters in just under five minutes. It makes for excellent relaxation or surfing. There are also many hidden dangers below the water even though it’s just about as clear and warm as bath water. Many
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There is a very clear distinction between tax avoidance and tax evasion from academic publications. Tax books have defined tax avoidance as “the lawful minimization of tax liability through sound financial planning techniques‚ while tax evasion is the “unlawful attempt to minimize tax liability through fraudulent techniques to circumvent or frustrate tax laws”. The consequences of either action are also clear. The former is not punishable by law while the latter is. However‚ the lines between evasion
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To Form an LLC or Not A limited liability company (LLC) is one of many ways to formally structure a business. The best way to describe an LLC would be as a cross between a sole proprietorship/general partnership and a corporation. “The "LLC" has only been in existence for roughly 26 years and there are some definite pros and cons” (Chapo‚ 2007). Advantages of LLCs There are many benefits to forming an LLC. They are easier and less expensive to start than other forms of business‚ but not every
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