Contact Us
Sign In / Sign Up for FREE
Go to advanced search...

Week2 - Essay Example

Comments (0) Cite this document
The foreign corporation would need to create subsidiary company or a separate company in the jurisdiction with low taxation regimes and commit financial assistance in…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.9% of users find it useful
Read TextPreview

Extract of sample "Week2"

Finance and Auditing Week one Strategies by foreign corporations for minimizing tax obligation in USA Every in the USA has itstax regime, a fact that can be used by foreign corporations to their advantage. The foreign corporation would need to create subsidiary company or a separate company in the jurisdiction with low taxation regimes and commit financial assistance in form of grant loans from a foreign financial institution like a bank to evade taxation (Barney, 2008; PWC, 2008). The affiliate company would need to pay the mother company in form of dividend or loyalty, which are not taxed, thereby minimizing tax obligations.
Creation a subsidiary or Branch office as Strategies by foreign corporations for minimizing tax obligation in USA
Creation of a subsidiary or separate company is the most appropriate strategy as opposed to a branch because the mother company can transfer financial assistance to the separate company from a foreign financial institution in form of grant loans, which is not possible when labelled as branch office. Besides, the separate subsidiary would be able to return the financial favour in form of dividend or loyalty hence minimizing tax obligations(Barney, 2008; PWC, 2008).
Week 2
Auditing strategies by internal revenue service to remit appropriate amount of tax
The IRS has their own strategies of detecting whether a corporation is remitting appropriate amount of tax either through office or field examination. The filed examiners would visit the business strategy and determine the amount of tax payable. During such visits, they conduct auditing interviews and running tax reports(Barney, 2008; PWC, 2008). If the addition tax is found, the team will inform the corporation and require them to sign the tax report. However, the corporation may decide to decline signing until they go through the report and verify the details.
Does US tax policy deter foreign investment?
The tax policy is not prohibiting foreign investment but rather enhancing transparency in financial dealing. The USA tax policy especially on the transfers, states that every exchange of property must be subjected to taxation under the section 351 and 361(Barney, 2008; PWC, 2008). The corporations are required to declare in the form what details of the property is transferred.
Barney, S. (2008). Guide to U.S. taxation of foreign investors, Retrieved from
PWC (2008). Tax management in companies, international tax review. Retrieved from strategy/pdf/pwc_tax_management_in_companies.pdf Read More
Cite this document
  • APA
  • MLA
(“Week2 Essay Example | Topics and Well Written Essays - 250 words - 1”, n.d.)
Week2 Essay Example | Topics and Well Written Essays - 250 words - 1. Retrieved from
(Week2 Essay Example | Topics and Well Written Essays - 250 Words - 1)
Week2 Essay Example | Topics and Well Written Essays - 250 Words - 1.
“Week2 Essay Example | Topics and Well Written Essays - 250 Words - 1”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document


Stock Fund Performance Analysis for Selected Companies

...970. Overall performance in week1: Total $1200000 was converted to GBP for purchasing Vodafone and total $2,300,000 was converted to Euro to purchase France telecom and Manitoba. Total amount invested $10,000,000 including the remaining converted amount and total gain for the 1st week of investment week is $269,381.56. Exchange rate of Euro to USD was declined slightly 1.29 which 1.3 and 1.31 at 4rth and 7th May. GBP to Dollar rate was similar on 10th May as of 7th at 1.61. Week2 AT&T: On 14th May, 48,050 shares of this company were bought at a per share price of $33.30 and sold the same numbers of shares on 18th May at an increased share price of $33.60 with a gain per share $0.30. Total profit from this transaction was $14,415. VZ:...
17 Pages(4250 words)Term Paper

Refrace week2-1rem9

...?SALEH ALOTHMAN Week 2: Discussion Word Count: This week the topic for discussion was the importance of ethics among top management and how it can impact, both positively or negatively, the stability and growth possibilities of the particular company. Morality in business is a difficult subject for many in management. As defined by Hill and Watkins ( 2007, page 417) Morality refers to thinking patterns followed by actions, which are driven by norms about right versus wrong associated with certain rewards and/or punishments. They go on to say that there are a variety of factors, both positive and negative, which can have an impact upon a leader’s ethical behavior. They claim that these factors include such things as the particular... ALOTHMAN...
3 Pages(750 words)Essay

Week2 DQ's

...The Rise and Fall of McCarthyism Joe McCarthy was a conservative Republican from Wisconsin who became known for his staunch anti-communist crusade during the early 1950s. McCarthy was schooled in law and a veteran of World War II when he was elected to the US Senate in 1947. Within 3 years he gave his infamous speech proclaiming that the US government was infested with communist spies at the highest levels. His fierce contentions included his often cited quote where he announces, “I have here in my hand a list of 205 [. . .] members of the Communist Party and who nevertheless are still working and shaping policy in the State Department” (Dimkova, 2001, p.7). McCarthy further contended that radio, television, the media... Rise and Fall of...
2 Pages(500 words)Essay

Ask week2

... First scenario: Taofic One of the steps of solving a certain problem is the identification of the challenges to solving the problem. Your organization has identified a critical problem confronting your private housing and infrastructure practice. What are different ways of resolving the identified problem? Acquisition of land, for example, held by chiefs on behalf of their people might take different methodology and approaches in its pursuits. What are some of applicable approaches in practice would you find necessary in this regard? Action research may be incorporated with CAS in the effort to finding solutions to the problem. How important is action research in application of CAS concept? Second scenario: Sharif Abdul Kareem... First...
1 Pages(250 words)Essay


...Insert Introduction That there are many literary pieces that have been written in an attempt to foster environmental conservation is not in doubt. Both fiction and nonfiction works abound to underscore the importance of environmental conservation as is exemplified by Sarah Orne Jewett’s A White Heron and Susan McGrath’s Feature: the Last Great Wilderness, respectively. Part I: A White Heron One of the advantages that come with the use of fiction to advance the cause of environmental protection is the ability to capture interests and attention of the audience. This is because literary artistes like Jewett are able to use literary devices and plotlines that may excite the audience eventually. For instance, the audience is left... Introduction...
1 Pages(250 words)Case Study


... Globalization: Transforming the World. The concept of ‘Globalization’ is very much a part of contemporary vocabulary and connotes “increased interconnectedness in political, economic and cultural matters across the world” (Michael, 3). Interconnectedness is the integral characteristic of globalization. There are three approaches to globalization: hyperglobalist, sceptic, and transformationalist. I believe that the transformationnalist approach best defines the concept of globalization. The hyperglobalist school asserts that “the disciplines of the global marketplace” (Michael, 4) exert undisputed control over global politics. While it is true that MNEs and IGOs are playing an exponentially increasing role globally, it cannot... Globalization...
1 Pages(250 words)Essay


...CSR and Ethical Boundaries BY YOU YOUR SCHOOL INFO HERE HERE CSR and Ethical Boundaries A business maintains many opportunities for improving its image and reputation with key target markets and, sometimes, even mass markets when it illustrates ethical behavior and social responsibility. In highly competitive environments, a business develops its strategic plan around building a positive brand reputation, using this as a competitive tool in promotion. Muniz & O’Guinn (2001) describe the importance of building what is referred to as brand attachment, a phenomenon where loyalty toward a company develops and they are willing to expend more financial and social resources into the company and its products. When brand attachment occurs... and...
2 Pages(500 words)Term Paper

Refrace week2-1rem9

...SALEH ALOTHMAN Week 2: CAL Report Word Count: 694 (excluding reference list) This week our topic has been workplace morality and ethics. In 1992 Badaracco discussed four aspects of ethics for those in the workplace: that is personal ethics; ethics as economic agents ; ethics as leaders and ethical commitment to wider society. More recently McDonald (2010) described how a person’s culture and context affected their attitudes to such things as ethics and morality. If that is so it also means differences in culture will mean differences in the ethical codes followed. To take one example ethical concepts in Kuwait may well be different from ideas on the topic held within the United Kingdom. The practice of ethics will also depends... ALOTHMAN...
2 Pages(500 words)Essay


...HOMEWORK Part listening skills The listening was limited to approximately seven percent of the total conversation. The listening process was difficult to understand and capture all the information communicated to me in the process of the conversation. Therefore, majority of individuals do not understand the message that is passed to them through the process of communication. We tend to listen more by the eyes rather than the ears. This is the main reason why listening becomes a problem to a majority of people across the globe (Andrew, 2011). Breakdown in the listening experience During my listening process, breakdown was experienced at evaluation step. The evaluation of the message communicated to me became difficult... Part listening...
2 Pages(500 words)Admission/Application Essay


...Psychology Week 2 Psychology Week 2 As postulated by the opponent theory by Solomon, it is the most inspirationalfactor in the idea of hedonic state that makes one feel right and leads to the reduce of intensity state. Unfortunately, the positive feeling we get by the continued use of drugs, the more tolerant one becomes the regular users of drugs. By so doing then, the individual automatically becomes addicted to a substance. Therefore, withdrawal effects become wanting each time the drug is used. He further explains the paradox of addictions that it involves two opposing reactions that he terms as A and B results (Houghton, 2007). Greatest dependence of the drug is the initial response he calls A (the need for the drug... Week 2...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Week2 for FREE!

Contact Us