The answer is faster, smaller
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.
Learn more about involuntary conversion: brainly.com/question/22715288
#SPJ4
Answer:
d. It enjoys OLI advantages.
Explanation:
Multinational enterprises or multinational companies are the companies which carry out businesses in more than one country, It have its presence in more than one country.
Multinational enterprises are abbreviated as MNE and non multinational enterprises are abbreviated as non-MNE.
Organizations become multinationals enterprises because they will have benefit from organizational advantages, location advantages and internalization advantages.
Thus MNE enjoys the organizational, location and internalization advantages which non MNE does not.
Hence the answer is ---
d. It enjoys OLI advantages.
Answer:
It is due to informational social influence.
Explanation:
The social influence can be observed very frequently in society since people are social beings; individuals often make comparisons with other people. Social influence often guides people's behavior in many situations.
For example, in the case of the person who drives on a closed road and follows the front car line because he does not know where to go, it is an example of informative social influence, since the person relies more on the knowledge of others than on yours, which is why the behavior of other drivers influences this thought.
<em>I hope this information can help you.</em>
The correct answer would be option D, Not affected by.
People keep spending addition units of a particular resource on a want until their marginal benefit is not affected by their marginal cost.
Explanation:
Marginal cost and Marginal benefit are the economic concepts used in businesses to a greater extent.
Marginal cost is the cost or amount of money which is added in order to produce one additional unit of a particular product.
Marginal Benefit, similarly, is the benefit or profit gained by producing one additional unit of a particular product.
So people keep spending additional units of resources on producing the product until their marginal benefit is not affected by their marginal cost.
Learn more about Marginal benefit and Marginal Cost at:
brainly.com/question/1393428
#LearnWithBrainly
