Explain changes in the U.S. economy that have made Public Law 86-272 partially obsolete. Provide an example
Question:
Explain changes in the U.S. economy that have made Public Law 86-272 partially obsolete. Provide an example of a company that Public Law 86-272 works well for and one that it does not work well for.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (6 reviews)
PL 86272 was enacted in the 1950s At that time the economy was primarily bricks and mortar and mos...View the full answer
Answered By
Shaira grace
I have experience of more than ten years in handing academic tasks and assisting students to handle academic challenges. My level of education and expertise allows me communicate eloquently with clients and therefore understanding their nature and solving it successfully.
5.00+
4+ Reviews
10+ Question Solved
Related Book For
Taxation Of Individuals And Business Entities 2021
ISBN: 9781260247138
12th Edition
Authors: Brian Spilker, Benjamin Ayers, John Barrick, Troy Lewis, John Robinson, Connie Weaver, Ronald Worsham
Question Posted:
Students also viewed these Business questions
-
Provide an example of a structural cost driver.
-
Provide an example of a tax rule designed to motivate a socially desirable activity that also motivates transactions that reduce a taxpayers tax liabilities but serve no social purpose.
-
Provide an example of how general economic trends would affect sales forecasting in the airline industry.
-
Ashby and Curtis, married professionals, have a 2-year-old son, Jason. Curtis works full-time as an electrical engineer, but Ashby has not worked outside the home since Jason was born. As Jason is...
-
A filter capable of preventing bacteria from passing is placed at the bottom of a U tube to separate the two sides. Streptomycin-resistant cells of a bacterial strain are placed on one side of the...
-
The coffee shop in the business school is open until 9:00 p.m. each week day. The amount of coffee sold after 8:00 p.m. each day is normally distributed with a mean of 15 cups and a standard...
-
Find the critical value for the ???? = 0.01 level of significance. Exercises 1015 refer to the following data: Anthropologists can estimate the birthrate of an ancient society by studying the age...
-
Hardesty Company uses budgets in controlling costs. The May 2012 budget report for the company's Packaging Department is as follows. The monthly budget amounts in the report were based on an expected...
-
Lab and supervision activities - Albert estimates that these activities are split 60% Chardonnay-Estate, 25% regular Chardonnay, and 15% Blanc de Blanc. Other production activities and costs not...
-
The Valley Swim Club has 300 stockholders, each holding one share of stock in the club. A share of club stock allows the shareholders family to use the clubs heated outdoor pool during the summer,...
-
Compare and contrast the rules determining where domiciliary and non-domiciliary businesses must file state income tax returns.
-
Compare and contrast the reasons why book/tax and federal/state adjustments are necessary for interest income.
-
(a) The table shows raw scores on a state civil service exam taken by 24 applicants for positions in law enforcement. Construct a frequency distribution and histogram, using nice (round) bin limits....
-
What is Macy's SWOT? SWOT Matrix and Analysis (comes from researching the firm, industry, and competitors). It is important to know the difference between causes and effects in the SWOT analysis....
-
You are expected to reflect on the learning you have achieved in subjects covered in your course. Briefly explain and contrast the way the following entities are taxed in relation to their profits...
-
Watch "How to Change Your Behavior for the Better" link-https://www.ted.com/talks/dan_ariely_how_to_change_your_behavior_for_the_better?language=en -- one of Dan Ariely's TED Talks. What are his...
-
How much dividend is exempt 5 points from final tax? * NERA Corporation, a domestic corporation declared a total of P100,000 dividends on February 19, 2020. The following are the shareholders of the...
-
Make an e-mail for the following situations 1) confirming your work schedule with your manager 2) determining which interview time you signed up for 3) informing your manager that you will be unable...
-
Kevin Miller bought a house in Atlanta in 2012 and took out a mortgage. He lived in the house until 2015, when he accepted a job in Chicago; from then on, he rented the house. He received a letter...
-
Question 6.10 Current and deferred tax worksheets and tax entries From the hip Ltd?s statement of profit or loss for the year ended 30 June 2007 and extracts from its statements of financial position...
-
Cammie received 100 NQOs (each option provides a right to purchase 10 shares of MNL stock for $10 per share) at the time she started working for MNL Corporation four years ago when MNL's stock price...
-
What are nontax reasons why a corporation may choose to cap its executives' salaries at $1 million?
-
Yost received 300 NQOs (each option gives Yost the right to purchase 10 shares of Cutter Corporation stock for $15 per share) at the time he started working for Cutter Corporation three years ago....
-
1. Write a reflection on advantages and disadvantages of a major decision you took a. A self-evaluation the advantages and disadvantages (on a scale from 1-10). b. A justification for your...
-
BBF315/05 Risk Management May 2023 Assignment 2 Question 1 (a) Risk management is sometimes described as the process of identifying and evaluating the trade-off between risk and expected return, and...
-
A 1.0000x10 -11 m wavelength x-ray photon strikes an atom in an example of Compton scattering. The scattered photon has a wavelength of 1.0301x10 -11 m at an angle of 29 o from the initial direction....
Study smarter with the SolutionInn App