I. Orientation • Regulation vs. Statutory Provision * Regs - have the force of law and are passed by executive agencies * Regs - must be based on a statutory provision and serve as interpretation of the statute. * Inconsistency B/W reg and statute Æ reg. wins
Words: 4824 - Pages: 20
Extent of Taxing Power Subject to constitutional and inherent restrictions, the power of taxation is regarded as comprehensive, unlimited, plenary and supreme. Scope of Legislative Taxing Power 1. Amount or rate of tax 2. Apportionment of the tax 3. Kind of tax 4. Method of collection 5. Purpose/s of its levy, provided it is for public purpose 6. Subject to be taxed, provided it is within its jurisdiction 7. Situs of taxation TAXES – enforced proportional contributions from the
Words: 20938 - Pages: 84
Challenges in the Global Business Environment Code of Ethics Conduct Coca-Cola Company Richard Bonds Dr. J. A. Anderson, Sr. Date May, 31 2014 Abstract Coca-Cola Company or Coke s the largest distributor of soft drinks in the world. Businesses such as Coke and other corporations set a strict code of ethics laws to live by and operate upon. This paper will illustrate the code of ethics of Coke the industry leaders and two of its partners/competitors PepsiCo and Dr. Pepper/Snapple Co
Words: 3169 - Pages: 13
ECONOMICS _____________________________________________________________________________________ WEEK 1: HOW ECONOMISTS THINK * What are preferences? Preferences refer to all of the objectives an individual wants to achieve that might motivate a choice among a set of alternatives. * What does it mean for an individual’s preferences to be rational? Please explain the concepts of costs and benefits and the reasoning process used by a rational individual. A rational individual will
Words: 22938 - Pages: 92
The United States of America (USA), commonly referred to as the United States (US), America, or simply the States, is a federal republic[10][11] consisting of 50 states, 16 territories, a federal district, and various overseas extraterritorial jurisdictions. The 48 contiguous states and the federal district of Washington, D.C. are in central North America between Canada and Mexico. The state of Alaska is the northwestern part of North America and the state of Hawaii is an archipelago in the mid-Pacific
Words: 14928 - Pages: 60
Business Strategy Chapter 1: Introduction to tax strategy The objective of the book is to provide you with a framework that is useful for thinking about how taxes affect decisions, both at the individual level and within organizations. The book adopts a global planning approach to taxes and business strategy. A. The three key themes underlying our approach to effective tax planning 1. Effective tax planning requires the planner to consider the tax implications of a proposed transaction for
Words: 17141 - Pages: 69
Lien Centre for Social Innovation Social Insight Research Series Inequality, Poverty and Unmet Social Needs in Singapore A Handbook on A Handbook on Inequality, Poverty and Unmet Social Needs in Singapore Lien Centre for Social Innovation CATHERINE J. SMITH (Additional research and writing by John Donaldson, Sanushka Mudaliar, Mumtaz Md Kadir and Yeoh Lam Keong) As this handbook is intended to provide an overview of the arguments of others, the role of the authors largely consisted
Words: 30222 - Pages: 121
Samsung Case Analysis Lindsay Eddow Luxchmi Gill Jonathan Lee Carol Lin GBA 652: Marketing Seminar Professor Kevin Moncrief Fall 2014 California Polytechnic University Pomona Table of Contents I. Company Background 4 Values & Philosophy 4 Vision 5 Performance 5 History 5 The Samsung Philosophy 5 Samsung Electronics Co., LTD 6 Operations 6 Products 7 Design 7 Environmental Record 7 II. Issues / Problems 9 III. Company Goals, Objectives, or Drivers 14 IV.
Words: 5649 - Pages: 23
06/06/98 ECONOMICS DOE-2 ECONOMICS (Utility Rate Commands Only) Table of Contents BLOCK-CHARGE Command .........................................................................................................2 . RATCHET Command .....................................................................................................................7 UTILITY-RATE Command ..........................................................................................................10 . DOE-2.2
Words: 7875 - Pages: 32
06/06/98 ECONOMICS DOE-2 ECONOMICS (Utility Rate Commands Only) Table of Contents BLOCK-CHARGE Command .........................................................................................................2 . RATCHET Command .....................................................................................................................7 UTILITY-RATE Command ..........................................................................................................10 . DOE-2.2 Command/Keyword
Words: 7875 - Pages: 32