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jeyben [28]
3 years ago
11

What criteria is used to determine the date when foreign taxes are accrued for purposes of the foreign tax credit?

Business
1 answer:
vfiekz [6]3 years ago
7 0
➡️ If you choose to take the foreign tax credit, and the taxes paid or accrued✔️

➡️Use the rate of exchange in effect on the date you paid the foreign taxes to the ✔️

➡️For this purpose, withholding tax includes any tax determined on a gross basis.✔️

➡️Need to know how to qualify for Foreign Tax Credit and avoid double taxation✔️

➡️high tax foreign countries, it may be preferable to use the Foreign Tax Credit alone.✔️

➡️ and excess profits taxes paid or accrued during your tax year to any foreign ✔️
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If the administrator prohibits investment advisers in that state from taking custody of customer funds or securities, then the i
Ket [755]

The investment adviser would not be permitted to accept securities from a customer that are registered in customer name if administrator prohibit him from taking custody of customer, as per Securities and Exchange Commission.

As per the Securities and Exchange Commission, The Commission has amended the custody rule in accordance with the Investment Advisers Act of 1940. The amendments modernize the rule by bringing it in line with modern custodial practices and requiring advisers who have custody of client funds or securities to keep those assets in the custody of broker-dealers, banks, or other qualified custodians. The amended rule also defines "custody" and illustrates situations in which an adviser has custody of client funds or securities. The amendments are intended to improve client asset protection while reducing the burden on advisers who have custody of client asset.

Learn more about Securities and Exchange Commission here:

brainly.com/question/28066418

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8 0
2 years ago
On Monday PBC (Peanut Butter & Chocolate) Candy Company’s entire balance sheet comprised real assets of $500 million and cas
zimovet [89]

Answer:

c) Debt of $20 million and assets of $570 million

Explanation:

Line of credit increases liability in a company's Balance sheet only when it is used. Thus, PBC (Peanut Butter & Chocolate) Company will have debt of $20 Million and Assets of $570 Million

8 0
3 years ago
Lorraine is the marketing manager at sibil furnishings. to promote the latest range of furniture, she decides to place ads in lo
zhannawk [14.2K]
Lorraine is involved in Media Planning. Media planning<span> basically involves </span> sourcing and selecting optimal media<span> platforms that would be leveraged on to best promote a product. In this case, Lorraine's job generally entails </span><span>determining the best combination of </span>media<span> to achieve the marketing campaign objectives of Sibil furnishings. Therefore she is involved in media planning.</span>
4 0
3 years ago
Beatrice Company estimates that unit sales of its lawn chairs will be 8,000 in October; 8,700 in November; and 9,650 in December
mezya [45]

Answer:

Following are the solution to this question:

Explanation:

                                             Oct              Nov                  Dec              4th Quarter

Unit of budget sales            7,200 \ \ \ \ \ \ \ \ \ \ \ \ 7,400  \ \ \ \ \ \ \ \ \ \ \ \ 7,100  \ \ \ \ \ \ \ \ \ \ \ \ 21,700

 Cost for sale                       27.5 \ \ \ \  \ \ \ \ \ \ \ \ \ \ 27.5 \ \ \ \ \ \ \ \ \ \ \ \ \ \ 27.5\  \ \ \ \ \ \ \ \ \ \ \ \ \   27.5

\text{Complete selling Budgeted}  \$ \ 198,000 \ \ \ \ \ \    \$ \ 203,500 \ \ \ \ \ \ \$\ 195,250 \ \ \ \ \ \ \$ \  596,750

8 0
3 years ago
According to​ Duffy-Deno (2003), when the price of broadband access capacity​ (the amount of information one can send over an in
mihalych1998 [28]

Answer:

Price Elasticity of 'Broadband Access Capacity' Demand (for firms) = 0.38

Explanation:

Price Elasticity of demand = % change in demand / % change in price

% change in demand = 3.8% ;  % change in price = 10%  [Given]

Putting in above formula ; P.Ed = 3.8 / 10 = 0.38

5 0
3 years ago
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