Examine the major factors relative to the omission by client

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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

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