Tax Rate Research Papers Samples For Students

A tax is a compulsory contribution from an individual to the government. This payment to the government does not usually result to supply of goods and services to an individual. However, tax is important to any country in that it enables the government run its daily activities and in addition, the government is able to provide goods and services that the private sectors are not willing to supply due to the fact that these goods and services are unprofitable or it is not possible to exclude people from consuming the goods (Forbes, 47). The type of tax levied by government ...

Taxes are in direct relation with the macro-economic operation of the state, in which, the revenue generated by the state is invested to ensure the smooth running of the administration; it also directly affects the micro-economic behavior of consumers/individuals/citizens as well as numerous public goods and services. Every action or policy pertaining to economic structure has a benefit or a drawback (Agliardi, 2001). People are influenced by incentives: will a particular product or a service satisfy their demand? How will it bring private benefits to them? Does the use of that particular product or a service has an overall positive/negative social cost? If the ...

Introduction

The present taxation system in Brazil was established by the 1988 Brazilian constitution that gave power to the State, Municipal, and Federal Governments to collect the taxes. Because of the numerous regulations that each of the three governments enacted, the taxation system in Brazil is very complex, and this leads to an environment where the authorities require the taxpayers to comply with various obligations comprising tax collection as well as reporting. The tax regulations and laws in Brazil are among the most confusing and hard to comply with throughout the world. The many rules that the three levels of ...

Resolved we Should Increase Taxes on the Rich

Should we Tax the Rich More?
It’s the right time that national leaders had the great courage to push higher tax on the well-off. There are other solutions available to the country’s federal debt problem that will not require increasing taxes paid by the average earner than to target the one that has the larger means. The government’s decade-long avoidance to the term tax and relying on the silly euphemisms of surcharges and revenue enhancement should end. President Barack Obama has done a significant decision by pointing out the idea of imposing higher tax to the ...

Arguably, taxes are part of experience in which human beings undergo in any nations. The global economy depends tremendously on tax, the only variation comes are a result of the type of tax system implemented. Taxation rules and tax systems are critically complicated in most countries. In fact, an economy that receives very small percentage of income from tax mainly operates at a deficit due to failure to sustain itself. Hence, they are forced to borrow from other nation or international organizations such as the World Bank. Globally, many nations have cut their corporate tax rates and implemented flat tax rate. ...

Executive Summary

Ireland has been one of the lucrative places to start a business enterprise as a result of its favorable environment, which is necessary and favorable for business to thrive well. This paper basically evaluates the factors that have precipitated the emergence of Ireland as one of the appropriate places to carry out. Further, the study will entail on the factors, which have made Ireland promising places for business opportunity. The competitiveness of a business to thrive in a country depends on various environments such as the legal environment, the market, political environment, cultural environment, economic environment. These factors in regard to Ireland will ...

Missouri is a large state that is situated in the western part of the United States of America. It has four major cities and over 110 counties. This makes it a highly populated state in the country. According to the demographic analysis done in the state, the population has been increasing over the years due to increase in foreigners who come in search of jobs and settlement (Hoffhaus 10). However, this population has been regulated to avoid overpopulation in the state. The people living in this state are of diverse backgrounds. This has brought in diverse ideas to form constructive activities ...

Galaxy International operates in a niche market; this is because skiing is only possible in very specific areas, and only a limited number of the population skis regularly anyway. Despite this, the company has performed outstandingly well to be achieving the level of sales with a small staff. This being said, Galaxy International needs to raise capital quickly and in an efficient way to successfully continue expanding to fully capture its full market size. By offering a unique product that is flexible yet tough, Jeremy is likely to continue to increase the volume of his sales and therefore the ...

Introduction

The United States is one of the most developed countries, but it is also one of the countries with the highest level of income inequality. According to research, more than half of the nation’s income goes to only 5% of the population, while the remaining half is shared by the 95%. One way of measuring a nation’s income inequality is through the Gini coefficient. The Gini coefficient measures income inequality on a scale of 0 to 1 wherein 0 corresponds to total equality; a scenario wherein everyone is earning the same amount while 1 corresponds to total ...

MEMORANDUM

Dear Sir,
This memo is written to address the problems faced by the Big Corp. as a result of the bankruptcy of its subsidiary Sub Corp. the memo discuss the different statutory and regulatory matters applicable in this matter. It also recommends the solution on whether the dividends paid by the company should be treated as a return on capital or ordinary dividends.
At first, it is important to understand the basic difference between preferred and ordinary stocks. Preferred shareholders have a preferred claim to the earnings and profits of the company. When the company has excessive cash and ...

Under Armour

How have the norms and regulations of national government in its 'home' country shaped the way Under Armour has gone global? Under Armour had gone global with about 300 retail stores in 13 countries and aims to have more than 1,000 stores by 2018, with expansion plans in South American countries. There are certain norms and regulations of the US government that have helped shape the growth of Under Armour. Under Armour takes advantage of the norms and regulations of national government and works on its core values and adhere to these practices when doing business with suppliers. ...

There is a considerable and sizeable population of small business in the US economy. Statistically speaking there are over 28 million small business that occurs with small business specifically indicating businesses with fewer than 500 employees. Over 22, million individuals are self-employed without any additional payrolls or having employed other persons. Of the working population, a considerable percentage of over 50% that translates to 120 million individuals work in the small business (US statistics and data, 2016). Small business on average have modest turnovers that attract income taxes on the cash generated. Business entities are relevant in the generation ...

Following the American Psychologist Association’s Guidelines

The people of the United States suffer from several serious issues, all related to health care: millions go uninsured every year, health care is too expensive, and the quality of care is poor, especially for the price. The Patience Protection and Affordable Care Act, or Obamacare, as it commonly known as, began addressing these issues. While several of the act’s promises have not come into effect yet, it has managed to extend healthcare to the repetitively uninsured. While many of the accomplishments that the act has already made, and aims to make, are no small feat, there are ...

Introduction

Switching the United States’ current income tax system would benefit the country as a whole. Therefore, variations of the flat tax that are proposed, some of which set a percentage on income while others set a percentage on sales tax. Those arguing in favour of such tax reforms contend that it will eliminate the complexity of our current system and the loopholes. This will contribute towards boosting of the economy. One such proposal, on which a number of books have been written, is called Fairtax. This is a flat rate sales tax only on new items. For example, if someone were to buy a used ...

Historical Overview

Indiana gained statehood in 1861 but important events have shaped its political and cultural identity. One of these was the NorthWest Ordinance (1787). At the time, Indiana was not yet part of the United States, and the Northwest Ordinance, provided an ambiguous foundation for states that sought statehood. Until then, Indiana (as well as other surrounding states) were governed through territorial governorship. The Northwest Ordinance was significant for several reasons. First, the governor held absolute vetoing power. Second, the individual liberties were written and protected in an official document and lawfully recognized four years before the enactment of the ...

Analysis of Financial Statements of Goldman Sachs

Introduction
A world renowned company, Goldman Sachs is an American Multinational Corporation that deals with the institutional clients offering investment banking, investment management and other related financial services. The following report will analyze some of the crucial items of the financial statements of Goldman Sachs including Earning per Share, Cash Flow Statement, Tax Deferrals, Share based compensation, Employee Compensation Plans. We are sure that by the end of this report, we will be able to have a comprehensive overview of the company’s financial statements.

Amount Disclosed
Footnote Information-Deferred Taxes
Note 24 of the Annual Report is ...

(Student’s Full Name)

Abstract

This paper intends to show the tax avoidance strategies which can be used by a tax lawyer or an accountant to reduce a multinational technology company’s taxes. Furthermore, this paper intends to show the difference between tax evasion and tax avoidance, as defined by specific scholarly articles. The strategies which will be mentioned include: the “Double Irish,” the “Dutch Sandwich,” and the “Check-the Box Rule”. Each strategy will be defined and examples of companies which have used such strategies will be given. This paper, which is essentially a tax plan which will instruct a multinational technology corporation (MNC) ...

Capital structure

Capital structure is the mix of long term borrowing, short term borrowing, common equity and preferred equity that a company uses to finance its operations and its growth. This means that a company’s capitals structure is the combination of common equity, preferred equity and borrowing that has been employed to finance the assets, growth and operations of the company.

The weighted average cost of capital is calculated using the following formulae

WACC = E/V*Re + D/V*Rd*(1-Tc)
Where: Re is the cost of equity, Rd is the cost of debt, E = market value of the firm's equity, D = market value of the firm's debt, V = E + D, E/V = percentage of financing ...

Analysis of the Annual Report From Google

Analysis of the Annual Report From Google

Introduction

Google is the largest search engine company of the 21st century. The company is currently making profits worth billion of American dollars through hosting ads for its clients. Google faces competition from companies such as Yahoo and MSN owned by the giant company Microsoft Corporation. The company has to offer differentiated products to its customers to ensure it continues enjoying massive following. Google presence is worldwide having offices in Africa, Europe and other continents. The analysis of Google through annual reports has to take into consideration mission and vision statements against the ...

Personal Financial Plan

Introduction
The purpose of this presentation is to provide a general overview of some of the aspects of my personal financial position.
I am 38 years old. I have a wife who is 33 years old and I also have two children aged 5 and 8. I have hopes of sending both my children to college. I have a home which I am still paying for using a mortgage plan.

- I have assets of approximately $ 550 000
- I have liabilities of approximately $ 40000

Current and Future Income needs

- Both my wife and I hope to retire at the age of 65
...

Does increasing Cigarette Tax Help in Reducing Number of Smokers? To what extend does it decrease smokers if it leads to decreased smokers?

Abstract

Many governments have continuously increased i cigarettes taxes for the last decades. However, governments have been recording increased revenue from cigarette taxes despite decreasing number of smokers. The revenue raised has been used to finance ant tobacco campaigns across the country. Tobacco is a habit forming commodity this makes adults who have been smoking for long not to change their habits in short run. Researchers have given two main reasons for their behavior. First and foremost, the increased ...