F. Check-the-box entity regulations permit a business entity to choose its tax status regardless of its corporate or noncorporate characteristics. II. INCOME TAXATION OF CORPORATIONS A. Overview 1. The gross income of a corporation, ...
This market-leading text is designed for the second course in federal taxation, generally found at four-year undergraduate and graduate schools.
Jay's cost and adjusted basis for the assets are as follows : Decision Making Asset Cost Adjusted Basis Skidder Driller Platform $ 230,000 120,000 620,000 $ 40,000 60,000 -0Total $ 970,000 $ 100,000 Jay has been unable to establish the ...
Suggested Further Readings O. Chang , D. Nichols , and J. Schultz , “ Taxpayer Attitude Toward Tax Audit Risk , ” Journal of Economic Psychology , 1987 ( 8 ) , pp . 299–309 . Andrew D. Cuccia , “ The Effects of Increased Sanctions on ...
... from the short lease amortisation table given in Schedule 8 of the Taxation of Chargeable Gains Act 1992 are as follows: 5 years 26.722 6 years 31.195 20 years 72.770 (CIPFA) Timberlake Ltd prepares accounts to 31 March each year.
This market-leading text is intended for students who have had a previous course in tax. Visit the Product Website @ http: //wft.swlearning.com.
Ideal for undergraduate or graduate levels, this text works for either a one-semester course in which an instructor wants to integrate coverage of individual and corporate taxation, or for a two-semester sequence in which the use of only ...
WEST'S FEDERAL TAXATION : CORPORATIONS , PARTNERSHIPS , ESTATES , AND TRUSTS GENERAL EDITORS William H. Hoffman , Jr. , J.D. , Ph.D. , C.P.A. James E. Smith , Ph.D. , C.P.A. William A. Raabe , Ph.D. , C.P.A. Eugene Willis , Ph.D.
Tax Guide 1996-97
Davies: Principles of Tax Law has traditionally presented the principles underlying the 5 major taxes (income tax, corporation tax, capital gains tax, inheritance tax and VAT) and analyses how each tax operates.
Legislative Grace Concept Exclusions are based on the legislative grace concept . This concept states that any tax relief provided to taxpayers is the result of specific acts of Congress that must be applied and interpreted strictly .