This chapter noted that returns on investment are taxable, whereas returns of investment are not taxable. What
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 57% (14 reviews)
Returns of investment are not taxable due to the capital recovery concept Returns on an investment r...View the full answer
Answered By
Muhammad Salman Alvi
Well, I am a student of Electrical Engineeing from Information Technology University of Punjab. Just getting into my final year. I have always been good at doing Mathematics, Physics, hardware and technical subjects. Teaching profession requires a alot of responsibilities and challenges.
My teaching experience started as an home tutor a year ago. When I started teaching mathematics and physic subjects to an O Level student. He was about 14 years old. His name was Ibrahim and I used to teach him for about 2 hours daily. Teaching him required a lot of patience but I had to be polite with him. I used to give him a 5 min break after 1 hour session. He was quite weak in basic maths and calculation. He used to do quite a lot of mistakes in his homework which I gave him weekly. So I decided to teach him basics from scratch. He used to say that he got the concept even if he didn't. So I had to ask him again and again. I worked on his basics for a month and after that I started taking a weekly test sesions. After few months he started to improve gradually. Now after teaching him for about a year I can proudly say that he has improved alot. The most important thing was he managed to communicate all the difficullties he was facing. He was quite capable and patient. I had a sincere desire to help him reach to its full potential. So I managed to do that. We had a very good honest relationship of a student and a teacher. I loved teaching him as a tutor. Now having an experience of one year teaching I can read students quite well. I look forward to work as an online tutor who could help students in solving their all sort of difficulties, problems and queries.
4.90+
29+ Reviews
43+ Question Solved
Related Book For
Concepts In Federal Taxation
ISBN: 9780324379556
19th Edition
Authors: Kevin E. Murphy, Mark Higgins, Tonya K. Flesher
Question Posted:
Students also viewed these Business Law questions
-
What is the conceptual basis for CSR?
-
Explain the following terms and explain why they were important during the housing and credit crisis of 2007 2009. Securitization Subprime loan Asset write- down 3.
-
This chapter noted that chickens and the chicken of the sea (tuna) are fundamentally different in terms of population though they are both food. Indeed, chickens are eaten far more than tuna, and...
-
Computer Technologies provides maintenance service for computers and office equipment for companies throughout the Northeast. The sales manager is elated because she closed a $300,000 three-year...
-
Define (a) Elution. (b) Stationary phase. (c) Retention time. (d) Selectivity factor.
-
Free end a. Bending moment \(=0\); shear force equals the b. Deflection \(=0\); slope \(=0\) c. Deflection \(=0\); bending moment \(=0\) d. Bending moment \(=0\); shear force \(=0\)
-
Which of the following control procedures is most likely to prevent or detect errors or frauds resulting from the production of unauthorized products or unauthorized quantities of authorized...
-
The following separate income statements are for Burks Company and its 80 percentowned subsidiary, Foreman Company: Additional Information Amortization expense resulting from Foremans excess...
-
Sombrero Corporation, a U.S. corporation, operates through a branch in Espania. Management projects that the company's pretax income in the next taxable year will be $117,600: $89,600 from U.S....
-
John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2020, John worked as a computer technician at a local university earning a salary of $152,000, and...
-
What effect does an asset's adjusted basis have in determining the gain or loss realized upon its sale?
-
Prizes and awards are generally taxable. Under what conditions is the receipt of a prize or award not taxable?
-
In problem, find the midpoint of the line segment joining the points P 1 and P 2 . P 1 = (-2, 0); P 2 = (2, 4)
-
This quotation is from an interview with William Donaidson, who at the time was the chairman of the NYSE, and appeared in the New York Times on January 30, 1990: There's a need to understand the...
-
Cory Rogers of CMG Research called a meeting with Nick Thomas, with Celeste Brown, CMG analyst, also attending. After meeting for about 20 minutes, Celeste understood that the Auto Concepts...
-
It is Monday, and today is your first day in your new marketing internship. After a rigorous application and review process including two grueling interviews with Cory Rogers and Celeste Brown, you...
-
Determine the characteristic impedance of a transmission line that the relation below is true for its parameters: \[ \frac{R}{L}=\frac{G}{C} \] 1) \(\frac{R}{L}\). 2) \(\infty\). 3) 0 . 4) It is...
-
Calculate the charging current ( \(\mathbf{I}_{\text {Charging }}\) ) of a long transmission line. 1) \(\frac{\mathbf{V}_{\mathrm{s}} \tanh (\gamma l)}{\mathbf{Z}_{\mathrm{c}}}\) 2)...
-
When food is in the digestive tract, is it actually part of the body? Why or why not?
-
State whether each statement is true or false. If false, give a reason. {purple, green, yellow} = {green, pink, yellow}
-
What is a Firm Worth? What is discounted cash flow (DCF) valuation? Can it be used to estimate the value of companies? What businesses could we value using DCF valuation? What are the advantages and...
-
What was the problem with the changes to ITTs manual?
-
Were the plaintiffs claiming the new manual did not create a contract because there was no consideration?
-
How can ITT, or any company, change its employee manual?
-
Give an example of one piece of financial information that may be used differently for two stakeholders (users) and explain how it would be used and presented differently?
-
Complete common -size statements (balance sheets) using the data below on page 246. You will be required to create a spreadsheet in MS Excel to display the statements (balance sheets).? In a 1 to 2...
-
A sail boat in the Great South Bay travels 2 miles east and then 4 miles south to get to Fire Island. What is its distance and displacement?
Study smarter with the SolutionInn App