Examine the major factors relative to the omission by client

Assignment Help Accounting Basics
Reference no: EM131328397

Discussion

Part 1 please respond the following question no less then 350 words (original work, no plagiarism, 1 reference

"criminal fraud versus civil fraud and taxation of u.s. businesses operating abroad" please respond to the following:

• Imagine a situation in which a client under audit by the irs omitted $100,000 in income. From the e-activity, examine the major factors relative to the omission by the client that would result in a criminal investigation, rather than a civil fraud proposal by the irs.

• Per the text, a u.s. parent company does not include the income of a foreign subsidiary until the income is repatriated as dividends. Defend the creation of foreign subsidiaries as a mechanism to defer income of major u.s. companies. Propose a new tax law that will benefit the u.s. treasury from the deferral of income from foreign subsidiaries and encourage the repatriation of the previously deferred income.

Part 2 please generate an answer for the discussion that i will provide via massage (this discussion is from a only student that i have to reply back no less than 250 words) please focus on sothing good of the discussion and add some additional information)(original work, no plagiarism, 1 reference)

Reference no: EM131328397

Questions Cloud

Prepare general journal entries for all transactions : ACC1100D ACCOUNTING INDIVIDUAL ASSIGNMENT. Prepare General Journal entries for all transactions for December, post the December journal entries to "T" ledger accounts in the General Ledger, and prepare a Trial Balance, of ledger account balances at..
Analyze the effect of an irrevocable trust on the gift tax : Analyze the effect of an irrevocable trust on the gift tax and future estate taxes. Suggest other significant alternatives that the client could use both to reduce estate tax.
Which type of laxatives are not absorbed chose : Which type of Laxatives are not absorbed chose all that apply:1. Osmotic ,2. Purge contact,3. Bulk forming,4. Adherants.
Discuss why do some people protest against globalization : Discuss why do some people protest against globalization? What point do they make that all people, whether for or against globalization, should consider? How does political risk affect global business?
Examine the major factors relative to the omission by client : Acc 565- From the e-activity, examine the major factors relative to the omission by the client that would result in a criminal investigation, rather than a civil fraud proposal by the irs.
Draw decision tree associated with cpis proposed feasibility : Draw the decision tree associated with CPI's proposed feasibility study.- Calculate the NPV associated with each of the possible product demand outcomes-strong, moderate, and weak.
Define the term diversity in today context : Acme Inc had a total assets turnover of 1.45, an equity multiplier of 1.75, and net income of $10,600 on $295,000 of sales. Calculate the return on equity: Why might setting up production facilities abroad lead to expanded sales in local markets? Def..
Calculate the amount of dividends paid by jones company : Based on the information in Table 3-1, calculate the amount of dividends paid by Jones Company in 2010 (no assets were disposed of during the year, and there was no change in interest payable or taxes payable).
Discuss about the evidence-based practice and nursing theory : Discuss about the Evidence-Based Practice and Nursing Theory,Theories From the Behavioral Sciences.and write a refelection paper about these chapters.Associate what you have learned about theory in comparison to the case study and reflect on it.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Expected to earn the highest return

Investment Implications of IRP and the IFE Today, a U.S. dollar can be exchanged for 3 New Zealand dollars. The 1-year CD (deposit) rate in New Zealand is 7 percent, and the 1-year CD rate in the United States is 6 percent. Interest rate parity ex..

  After four years mrtgage rates drop to 8 percent for

you have just purchased and have obtained a 30-year 200000 mortgage with an interest rate of 10 percent. requireda.

  Gannon company had the following information at december 31

gannon company had the following information at december 31 finished goods inventory january 1 - 50000 finished goods

  What level of assurance does the reader of a private company

The concept of materiality is defined by the Financial Accounting Standards Board (FASB) in terms of the judgment of the. What level of assurance does the reader of a private company financial statement receive on the company's system of internal co..

  Long-term debt in the capital structure

Preferred stock is used much less than long-term debt in the capital structure of most industrial and merchandising companies principally because

  Was your internship experience what you expected

The types of technology use during your internship and what you have learned about technology in the accounting profession from your experience.

  After-tax return on capital

Cello is a manufacturer of pianos. It earned an after-tax return on capital of 10 percent last year and expects to maintain this next year. If the current year's after-tax operating income is $100 million and the firm reinvests 50 percent of this ..

  Preferred stock was purchased at its par value of 24000 the

linda clark received 182000 from her mothers estate. she placed the funds into the hands of a broker who purchased the

  Accepting the merger agreement

How much money can Toys R Us save in present value terms by accepting the merger agreement if we assume a 10% cost of capital?

  Burke corporation was organized on january 1 2014 it is

burke corporation was organized on january 1 2014. it is authorized to issue 10100 shares of 8 104 par value preferred

  When inventory declines in value below original historical

when inventory declines in value below original historical cost and this decline is considered other than temporary

  Question regarding the bowerbird corporation

Bowerbird Corporation purchased a 70% interest in Stage Corporation on June 1, 2006 at a purchase price of $390,400. On this date, Stage's book values were equal to its fair values except for an unrecorded copyright

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd