1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
umka21 [38]
3 years ago
8

Imagine your client would like to complete a tax inversion, acquiring a foreign company in Switzerland and moving the domicile o

f the combined company overseas. Your client believes that this will save him or her quite a bit of money in taxes as the corporate tax rate in Switzerland is 5%. Write a memo explaining why this would or would not be a good idea. Keep in mind the document linked above. Also, provide examples of tax inversions that have occurred in the past couple of years and whether they were achieved or not.
In your paper, address these critical elements:
a. Identify sources for evaluating the appropriate tax situation.
b. Document research performed to determine if tax inversion is advisable in this scenario.
c. Apply research to tax inversion and determine best course of action.
d. Document findings and advice in a memorandum to the client. Include supporting details and examples.
Business
1 answer:
otez555 [7]3 years ago
4 0

Answer:

b

Explanation:

You might be interested in
This month, Joe’s Gym is opening a new location in the busy downtown area. According to ads in the local paper, the gym, unlike
expeople1 [14]

Answer:

nonprice competition

Explanation:

The strategy that Joe's Gym is using gives<u><em> differentiated services</em></u> to the users when compared to the competition, but Joe's Gym do not change prices.

5 0
3 years ago
Read 2 more answers
1 Select the correct answer. Steven is an HR manager in a large company. After several interview rounds, he has selected a candi
Fantom [35]

Answer: Option (B) Net salary

Explanation: Salary is any fixed amount paid by the employer to an employee in exchange for the services offered. Salary is divided into two categories which are gross salary and net salary.

Net salary is the amount of take-home pay remaining after all withholdings and necessary deductions have been removed from a workers salary, the employee then receive the residual amount. Net salary is lower than gross salary. Net salary is the fixed amount of income enjoyed by the employee monthly and it is excluded from all other fringe benefits. While Gross salary is therefore the composite of several components of an individual salary package.

4 0
3 years ago
An adult African elephant weighs 8.25 tons. How much do 26 elephant weigh?
Alisiya [41]
214.5
multiply 8.25 by 26
3 0
4 years ago
Read 2 more answers
Which of the following statements about Gen Xers is TRUE? A) Gen Xers are often willing to change brands. B) Gen Xers are select
DerKrebs [107]

Answer: d. Gen Xers prize self-sufficiency and are pragmatic.

Explanation:

Gen Xers prize self-sufficiency and are pragmatic. Gen Xers prices are self sufficient that they need no external aid and they are realistic.

5 0
3 years ago
The following financial information was summarized from the accounting records of Buddy Corporation for the current year ended D
Nat2105 [25]

Answer:

(a) $56,730

(b) $36,330

(c) $ 51,800

(d) $24,800

(e) $36,230

Explanation:

(a) Gross profit for the Dalmatian Division:

= Net sales - Total Cost of goods sold

= $87,000 - $30,270

= $56,730

(b) Income from operations from the Dalmatian Division:

= Gross Profit - Direct operating expenses

= $56,730 - $20,400

= $36,330

(c) Gross profit for the Beagle Division:

= Net sales - Total Cost of goods sold

= $99,000 - $47,200

= $ 51,800

(d) Income from operations from the Beagle Division:

= Gross Profit - Direct operating expenses

= $51,800 - $27,000

= $24,800

(e) Total income from operations;

= $36,330 +  $24,800

= $61,130

Earnings before interest and taxes:

= Total income from operations - General overhead

= $61,130 - $18,160

= $42,970

Earnings before taxes:

= Earnings before interest and taxes - Interest expense

= $42,970 - $2,040

= $40,930

Net income = Earnings before taxes - Income taxes

                    = $40,930 - $4,700

                    = $36,230

6 0
3 years ago
Other questions:
  • Southwestern Bank offers to lend you $50,000 at a nominal rate of 6.5%, compounded monthly. The loan (principal plus interest) m
    10·1 answer
  • If a university decreases the price of tickets to football games to collect more revenue, it is assuming that the demand for tic
    14·1 answer
  • Economic activities whose location does not rely on factors such as the location of raw materials, transportation costs, and lar
    7·1 answer
  • Which of the following statements is true of​ just-in-time (JIT)​ purchasing? A. Only disadvantage of JIT purchasing is the high
    14·1 answer
  • Sheridan Company purchased a new machine on May 1, 2012 for $560400. At the time of acquisition, the machine was estimated to ha
    15·1 answer
  • "Nanci purchases all of the assets of Michael's Security Service for $200,000. The assets are as follows: Asset Adjusted Basis F
    8·1 answer
  • A homeowner refused to accept a full price contract offered by a buyer with children. He told his broker that he only wishes to
    8·1 answer
  • Paragraphs in a business email should be 20 to 40 words long. True False
    9·1 answer
  • Why do we pay taxes and what happens if we do not pay them?
    10·2 answers
  • If you deleted a that’s part of an existing relationship, Access might
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!