Yes, it would matter. If Wade was primarily concerned with the tax effect, he should give the car to his daughter and let her sell it. Conveniently, the limit on how much one can give without paying federal taxes on that gift (other than to charity), is $13,000. This means wade will pay no tax when he gifts the car to his daughter. If he sells it himself, he will need to pay tax on the gain he realizes on the sale of the car, since he will have made a profit on the sale.
His daughter, when she sells the car, will also have to recognize the gain on the sale of the vehicle. However, she is apparently in a much lower income bracket than Wade, and thus may pay even less tax on her 13,000 gain than Wade would have paid on his $3600 profit.
its Criminal liability.
because, as seller of alcohol, you may face criminal laws if you break any law:
-Serving alcohol to a minor
-Serving a guest who is or appears to be intoxicated
-Possessing, selling, or allowing the sale of drug on the premises
Consequences include:
-Probation
-Fined
-Jailed
Answer:
SWOT Analysis
Explanation:
When doing a SWOT analysis a study of the organization is done with the purpose of identifying its internal strengths and weaknesses, as well as its external opportunities and threats. A diagram of the analysis is shown in the image.
Im not sure about the question but this translation is: " Factors that encourage entrepreneurs doing business capital savings."
Answer:
The annual expected loss is $1,250
Explanation:
The annual expected loss can be calculated by multiplying the probability that a risk will occur in a particular year (ARO) by the expected monetary loss every time a risk occurs, (SLE).
ALE=ARO*SLE
In this case,
ARO = 50%
SLE is $2,000 to $3,000. We consider an average so SLE is $2,500
ALE= $2,500 *50%=$1,250