All categories

3 years ago

The nature of the tax system means that there is usually a trade-off between _ and _.

Business

1 answer:

IgorC [24]3 years ago

5 0

Answer:

equity and efficiency

Explanation:

Under the tax system there is no tax on losses. And also the losses can be carried forward and set off to profits in future.

When profits are earned the taxes are paid. After that the remaining profit is either distributed to equity or retained for future purposes.

The more efficiently the company works, higher will be the profit and higher will be the taxes.

As profit is for equity, and from that share the amount is given to tax authorities, which is some part of income, share of equity to tax.

Though it does not provide for right in company, but it is legal to pay the tax.

That is the price you pay for increasing or decreasing efficiency, in the form of income available for equity.

You might be interested in

In the context of a production process such as a manufacturing plant, what is the technique used to identify all of the value-ad

andre [41]

Answer: Value stream mapping

Explanation:

Value stream map is a visual representation of the steps that were taken in a process from the start of the process till the moment it gets to the customer.

The technique is used in the identificstion of all of the value-adding as well as non-value-adding processes that materials are subjected to within a plant, from raw material coming into the plant through delivery to the customer.

6 0

3 years ago

Suppose Kim Ping and Abdel decide to set up a joint venture. Working together, the two companies will build a new, independent m

harina [27]

Answer:

Kim Ping and Abdel will have trouble when it comes to equality in a joint venture. There is always one partner who earns more than the other.

Kim Ping and Abdel will face "conflict of interest." Every individual has his own purpose in making a profit.

Explanation:

"Join venture" refers to the merging of two parties, including their resources, in order to accomplish a project or start a new business. This means that the company profits and losses will be shared by both parties.

However, it is said that "there is no such things as equal partners." There is always a chance that one party will earn more than the other, or the other party will contribute more than the other.

There is also a possibility of "conflict of interest" in such situation. Every partner has his own beliefs and style of running a business. This will cause a conflicting interest in both parties.

These are the possible problems that Kim Ping and Abdel might encounter.

5 0

3 years ago

You are 18 years old, opening your first savings account, and are considering three options: BANK A is not FDIC insured, has an

leonid [27]

Answer:bank b

Explanation:

6 0

3 years ago

Recent rains increase the demand for kayaks, as paddlers want to take advantage of the exciting river conditions on the Oconee R

Lunna [17]

Answer:

Equilibrium price to be indeterminate from the information given, but equilibrium quantity to rise.

Explanation:

The recent rains resulted in an increase in demand for kayaks so the equillibrum quantity demanded will rise. Supply will also rise to meet the increased demand.

However we are unable to determine if the price will rise or fall with the given information.

Plastic is cheaper now so kayaks will also be cheaper. On the other hand increase in demand naturally causes an increase in price. So the cheaper price of kayaks will need to be compared with price increases as a result of increased demand to determine if equillibrum price will rise or fall.

5 0

2 years ago

The year-end financial statements of Greenway Company contained the following elements and corresponding amounts: Assets = $23,0

aleksandr82 [10.1K]

The correct answer is a

5 0

3 years ago

The nature of the tax system means that there is usually a trade-off between ___ and ___.

The nature of the tax system means that there is usually a trade-off between _ and _.