Answer:
The longest period of time that a forbearance may be placed on your account at one time is 12 months.
Explanation:
Forbearance is an option people have to postpone the payments of a student loan for a set period of time for reasons like: going back to school, a low salary, unemployment, or a disease. It is a temporary relief for someone that can't pay the loan for a specific situation they have.
performance appraisal consists of assessing an employee's performance and providing him or her with appropriate feedback.
<h3>What is performance appraisal?</h3>
Performance appraisal is done to check the performance of a particular employee.
It is done from time to time through the review of workdone and contribution of such individual to the organizations.
Therefore, performance appraisal is consists of assessing an employee's performance and providing him or her with appropriate feedback.
learn more on performance appraisal here,
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Entrepreneurs do not use distributors to purchase resources and invest in the production of goods so this statement is FALSE.
<h3>How do Entrepreneurs purchase resources?</h3>
Entrepreneurs are able to invest in the production of the goods and services they provide by using their own funds and liability.
They do not use distributors but rather foot the bills as well as getting loans to be able to engage in the purchase of resources.
Find out more on Entrepreneurship at brainly.com/question/13628349
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Answer:
A. = (15% X $2M) + (21% X $2M) = $720,000. Since there is no mechanism for mitigating double taxation, the branch profit will be taxed on the to tax rate of 15% and 21% which is $300,000 and $420,000.
B. The total tax for $2m branch profit if US corporations can remove foreign based profit from US taxation will be just the 15% x $2m = $300,000.
C.If they are allowed to take deductions for foreign income taxes, the total tax on the $2m branch profit will be (21% -15%) x $2m = $120,000.
Explanation:
D.1. If credit are allowed for foreign income tax paid, total tax will be ($2m - $300,000 been foreign tax paid) x 21% = $357,000
D.2.
If the charge foreign income taxes at 30% and US corporations can claim refundable credit for foreign income tax paid on foreign source income = ($2m - $300,000 been the foreign income tax paid) = $1 700,000 x 30% = $510,000
<u>Answer:True</u>
<u>Explanation:</u>
Federal deficit means the spending of the government is more than the revenue collected by the government through taxes. When the taxes are cut down it increases the money flow in the market that in turn increases the economic activity. When the economic activity is slow in the country then the government spends more to stop the decline in the economic growth.
The deficits can be corrected when there is economic growth. When there are surplus in the budget then the debt of the country can be paid back.
