The answer is <u>"To reduce Marvin's annual tax liability on the profit of the sale."</u>
A tax liability is the aggregate sum of tax debt owed by an individual, partnership or other element to an exhausting expert like the Internal Revenue Service (IRS). It is the aggregate sum of assessment you're in charge of paying to the taxman. Expense liabilities are caused because of procuring pay, a gain on the offer of a benefit or other assessable occasions.
A tax liability is the measure of tax collection that a business or an individual brings about in light of current assessment laws. Assessments are forced by an assortment of saddling experts, including bureaucratic, state and neighborhood governments.
Most likely would be a democratic system.
Answer and Explanation:
The country is obviously in chaos because of law and order situation. The loyalist of old dictators are creating havoc and that needs to be stopped first. As a newly elected president, the first duty is to ensure that this must be stopped.
A newly elected government needs to call for international agencies such as the UN or regional alliance to put pressure on the neighboring country to refrain from interfering in internal matters of the country while strengthening armed forces and police to maintain internal security as well as external threats. Initially, the police and army will have to be quick because the sooner it creates order the better it will be but they should also take care that no gross human rights violation takes place. This is necessary to instill the faith in the mind of the public.
The second stage is establishing the administration through transparent government policies and that also without being bias to anyone. The chaos of transition will make it difficult but the new government will have to take financial and other help from the organization like World Bank to create infrastructure such as transportation and power generation along with a robust financial system to kick off economic growth. Infrastructure development needs heavy investment but that pays off in the long run and so that government should take initiative in that with public-private partnership. The government also needs to decentralize the powers with an effective control mechanism to stave off corruption because centralized decision making often tends to be counterproductive.
The government also needs to understand that people respond to incentives and so it will be a must to create an economic environment where people will be incentivized to work, to innovate and to create wealth. Abnormally high tax rate or too much strong government interference in the market will dissuade people and economic growth. It also involves developing law and judicial system where there will be a robust system of business laws, labor laws, property rights, and human rights in accordance with international standards.
There is no easy or quick solution but the government needs to be persuasive to carry out those tasks which will be beneficial in building a nation in the long run and for the welfare of the citizens.
Answer:
A. True is the correct answer.
Explanation:
Answer:
A Notary Signing Agent creates a new advertisement in the local Pennysaver that uses the phrase "On time 24/7." Is this allowed? Yes, this is allowed.