1) Suppose the government decided to change the capital gains inclusion rate from 50% to 75%. Evaluate...
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Question:
1) Suppose the government decided to change the capital gains inclusion rate from 50% to 75%. Evaluate this decision in light of the qualitative characteristics of tax systems. What are your thoughts about this idea, in light of these characteristics?
2) Discuss the purpose of international tax treaties. Give an example where an individual may need to rely on a tax treaty. Give an example where a corporation may need to rely on a tax treaty.
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