Apple earned are from two parts: tangible assets sells such as Iphone, Ipad, and Imac, and intangible property rights which are more and more valuable in today economy. For the tangible assets, it is difficult to avoiding the taxes, but for the intangible property rights is possible to create a tax-shield. Apple’s tax avoid strategy has two parts: First, the company shift the intellectual property profit to an
Words: 2726 - Pages: 11
working hours of the looms to 42 hours per week, so that over-production could be avoided. But, the members could transfer these loom hours amongst themselves. The assessee purchased loom hours from two members for a consideration of Rs 20 lakhs for a period of 6 months. The assessee claimed deduction of Rs. 20 lakhs as business expenditure, under section 37(1) of Income Tax Act. Is the claim justified? II. ANALYSIS OF FACTS: Each member of the association was manufacturing less than what
Words: 1476 - Pages: 6
Page 1 of 15 Public Police and Private Security - Impact of Blurred Boundaries on Accountability ‘Gap’ Public safety and security are understood to be the responsibility of the state to its citizens as a ‘social right’ agreed between the government and its citizens, (Kempa, Carrier, Wood, and Shearing, 1999) enforced through policing, establishing a line of accountability between the publicly funded police and their citizens, providing services on a non-profit basis, (Department of Criminology
Words: 4764 - Pages: 20
personals to someone else for safety keeping. Bailor is the one delivering property while the one receiving is the bailee. It involves delivery of goods to somebody else in trust creating a contract either express or implied. The bailee must be willing to possess the property physically but is not entitled to use it. In business transactions, the bailee has both the duty of care and responsibility to re-deliver the property. Statute of frauds This is a requirement that certain contracts like
Words: 2476 - Pages: 10
Cloud computing risks 2009 Wireless vulnerabilities 2007 M-commerce attacks 2006 Phishing 2002 Cyberstalking 1998 Cyberterrorism attacks 1997 Spam 1995 Identity crime 1995 Online piracy 1995 Botnets 1993 Child exploitation1990 ATM fraud 1985 Funds transfer fraud 1985 Extortion 1980 Denial of service 1980 Creeper virus 1971 Computer hacking 1970 Telemarketing scams 1965 Phreaking 1961 Organised
Words: 1301 - Pages: 6
PLEDGE A pledge is a special type of bailment in which a person temporarily transfers the possession or ownership of his/her property in order to secure a loan from the other person. It is defined as in the Indian Contract Act, 1872, as “The bailment of goods as a security for the payment of a debt or performance of a promise is called pledge. The bailor in this case is called a Pawner and the bailee is called a Pawnee.” Essentially, when the purpose of the bailment is to secure a loan, it is called
Words: 1097 - Pages: 5
PROPERTY TAX ASSESSMENT PART 1 HCAD 1. WHAT DOES H.C.A.D. STAND FOR? Harris County Appraisal District 2. WHAT ARE H.C.A.D’S THREE MAIN FUNCTIONS? Create property record (make changes to owner name, mailing address Grant exemptions Appraise Properties 3. NAME ALL THREE METHODS OF SEARCH OPTIONS WE UTILIZE FROM THE HCAD WEBSITE TO LOCATE BUSINESS AND REAL PROPERTY ACCOUNTS? Name Account number Address
Words: 1982 - Pages: 8
UAS EXPORT IMPORT POLICY Dear students, Please answer these following questions: 1. What are intellectual property rights, their types and purpose? * Intellectual property rights (IPRs) are laws regarding the protection of intellectual property that describe the ways in which the creators of intellectual property can control its use. * Types of intellectual property rights: * Patents are the form of IPRs that protects inventions. * Utility models is an alternative
Words: 5722 - Pages: 23
To whom it may concern, Throughout history, the world has witnessed acts of terrorism solely for the purpose to bring change upon society or government. These acts of violence, which are typically against people or property, can attribute to the death of many innocent civilians. Terrorism is a term that has various applications due to the fact that it all comes down to perspective. One countries definition of terrorism may be vastly different than another countries, which has provoked debate between
Words: 334 - Pages: 2
Business Law 201 Spring 2007 Makeup Final Professor Steven Isler, Spring 2007 Exam Instructions: There are sixty questions on this exam and five extra credit questions. You have seventy minutes to complete it. This exam will make up forty-five percent of your overall grad. In the True/False section indicate whether the sentence or statement is true (A) or false (B). In the multiple choice section identify the letter of the choice that best completes the statement or answers the question. Each
Words: 2780 - Pages: 12