Answer:
Developed economies want to outsource manufacturing another jobs to developing countries mainly due to low tax rates and cheaper labor.
Explanation:
Outsourcing has become a common practice for multinational firms and since then, it has also been a widely debated topic. Multinationals tend to outsource their manufacturing to developing economies mainly because the governments of developing economies offer them low tax rates and other deals in order to attract them into investing in their countries. Another reason is that labor is usually cheaper in developing economies, so their manufacturing costs decrease.
Answer:
Concept development is a set of activities that are carried out early in the systems engineering life cycle to collect and prioritize operational needs and challenges, develop alternative concepts to meet the needs, and select a preferred one as the basis for subsequent system or capability development and ...
On an involuntary conversion in which the taxpayer does not buy replacement property within the replacement period, the gain on the involuntary conversion and any tax due must be reported in the year the involuntary conversion occurred.
Who are taxpayers?
A taxpayer is anyone who owes taxes to the federal, state, or municipal governments, whether they are an individual or a corporation. Governments primarily obtain their funding through taxes, which are levied on both citizens and companies. Annual income tax obligations vary for people and businesses.
What is an involuntary conversion?
When your property is lost, taken, condemned, or disposed of under threat of condemnation and you receive other property or cash as payment, such as insurance or a condemnation judgment, this is known as an involuntary conversion. Exchanges that occur unintentionally are also known as forced conversions.
How can a taxpayer defer a gain on an involuntary conversion?
A taxpayer has the choice to choose section 1033 deferral after revealing the gain from an involuntary conversion by including a refund claim on an amended gain-year return. This statement and the actual election are clearly distinguished by the FSA, and as a result, each has a different statute of limitations.
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Answer: Structural functional perspective/theory
Explanation: Structural functional perspective/theory is a school of thought that view society as a complex entity but with interconnected system which each area(part) work hand in hand harmoniously. Metaphorically speaking, it views society like the human body which has the hands, legs, brain, ears, eyes, heart and all the human body parts you can think of, each part has is own system for working and work specification but still each has to work harmoniously for a fully functional human body system.