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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:

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The interest on a loan plus the charges and fees is known as the___
Rainbow [258]

The interest on a loan plus the charges and fees is known as the: B. annual percentage rate

<h3>What is annual percentage rate?</h3>

Annual percentage rate can be defined as the interest rate on a loan which includes the charges as well as the fees.

The annual percentage rate help to determine or  measure the amount a lender charges the borrower per annual or per year.

Therefore the correct option is B.

Learn more about Annual percentage rate  here:brainly.com/question/10062114

#SPJ1

4 0
2 years ago
On May 27, Hydro Clothing Inc. reacquired 65,000 shares of its common stock at $6 per share. On August 3, Hydro Clothing sold 48
Musya8 [376]

Answer:

May 27

Dr Treasury Stock $390,000

Cr Cash $390,000

Aug. 3

Dr Cash $432,000

Cr Treasury Stock $288,000

Cr Paid-In Capital from Sale of Treasury Stock $144,000

Nov. 14

Dr Cash $85,000

Dr Paid-In Capital from Sale of

Treasury Stock $17,000

Cr Treasury Stock $102,000

Explanation:

Preparation of the journal entries of May 27, August 3, and November 14.

May 27

Dr Treasury Stock $390,000

(65,000 shares × $6)

Cr Cash $390,000

Aug. 3

Dr Cash $432,000

(48,000 shares × $9)

Cr Treasury Stock $288,000

(48,000 shares × $6)

Cr Paid-In Capital from Sale of Treasury Stock $144,000

[48,000 shares × ($9– $6)]

Nov. 14

Dr Cash $85,000

(17,000 shares × $5)

Dr Paid-In Capital from Sale of

Treasury Stock $17,000

[17,000 shares × ($6 – $5)]

Cr Treasury Stock $102,000

(17,000 shares *$6)

(65,000 shares-48,000 shares=17,000 shares )

7 0
3 years ago
Practice Question 24 At the beginning of the year, Powers Company purchased a piece of machinery for $50,000. It has a salvage v
Naya [18.7K]

Answer:

$5,000

Explanation:

The computation of the depreciation expense under the straight-line method  is shown below:

Depreciation expense = (Original cost - residual value) ÷ (useful life)

                                      = ($50,000 - $5,000) ÷ (9 years)

                                      = ($45,000) ÷ (9 years)  

                                      = $5,000

In this method, the depreciation is same for all the remaining useful life

The units are ignored in this method as it is used when units of production method applies

5 0
3 years ago
Which of the following is true regarding positive organizational scholarship? a. It involves monitoring negative practices in or
Harrizon [31]

Answer:

Letter D is correct. It studies how organizations develop human strengths, foster vitality, and unlock potential

Explanation:

Positive Organizational Scholarship is a way for an organization to motivate and stimulate the capabilities of its employees. It is a way of identifying the strengths and weaknesses of each employee and encouraging them to improve their skills and developing new skills that will help them to succeed. joint result of the company.

5 0
3 years ago
The upper-level management of Nationwide Sales Corporation wants to fire Andy because he is a nonproductive employee. Using a ut
Nimfa-mama [501]

Answer:

C) the costs and benefits of retaining a nonproductive employee.

Explanation:

The utilitarian approach weighs actions in terms of the benefits received over the costs of carrying them out. It is the basis for the cost-benefit analysis, where an idea, activity or investment is good only if the benefits it generates offset the costs of carrying it out. The goal of the utilitarian approach is to maximize the benefits received while minimizing the costs.

7 0
4 years ago
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