Seminar: Taxation Current Issues Chapter 28 Answer to Question No 1: Slide No. Contents Purpose 01: As far as banking is concerned, a trust can be described as a fiduciary agreement to make a third party a trustee in such a way as to make it trustworthy for a beneficiary community. The trustee shall hold and retain...
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The main challenge facing the United States is that children who grow up in nursing care do not get assistance until they age outside the nursing care environment. Research reveals that a large proportion of young people face challenges after they leave foster care to move to live on their...
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Ethics refers to a collection of laws in an organization that governs how it can perform its functions. Compensation of workers plays a key role in the mindset of workers towards the accomplishment of the objectives set. A company must ensure that it has a fair and just scheme of...
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Limited liability corporations are known as non-incorporate liabilities and are generally referred to as LLCs. They are individual organizations that are entirely different from their representatives. These businesses shield their members from corporate liabilities. Normally dual taxation takes place if corporations pay tax on the income they gain and members...
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The Importance of Non-Governmental Organizations in Addressing the Water Contamination Crisis in Flint, Michigan The people of Flint, Michigan came to the realization more than a year ago that their water was contaminated with toxic levels of lead. Lead is a naturally occurring metal found in the crust of the earth....
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Organ Donation and the Case for Compensation Organ donation is a critical topic that has recently sparked heated controversy. The crucial argument at first was whether it was ethical to donate or accept donor organs. However, as the procedure became more widespread, the method of giving and collecting organs came to...
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It is possible to describe the price of a good as the monetary value added by the company to a good or a service and also the money which a customer is prepared to pay to be served. The consumer may be either a goods buyer (B2B) or a finished...
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Immigration and Its Impact Immigration is basically the international movement of individuals to a country where they do not have or are not indigenous. Individuals move permanently to live, study or temporary jobs in such countries. Research shows that the reception and sending countries benefit from immigration. For example, it has...
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Long-term unemployment Long-term unemployment occurs when a person is out of a job for 27 weeks or longer. To be listed as such by the Bureau of Labor Statistics, one must have successfully found jobs in the preceding four weeks. 1 (Kimberly Amedeo) The causes of long-term unemployment The following article attempts to...
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Effects of Racial Discrimination in Employment For a long time, governments and their agencies have adopted legislation and strategies intended to discourage discrimination at work. Some of these legislation include the Civil Rights Act of 1964, the Age Discrimination Act, and the Family & Medical Leave Act, which is meant to...
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The wage disparity between managers and workers is immoral because employees think the money that they are paid for the job they are expected to do is unfair. Some executives earning excessive sums of money typically linked to their results are broken compensation schemes, while low level workers earn compensation...
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Authors Brownell and Frieden: Impact on Wellness and Obesity Rates Authors Brownell and Frieden examine the impact on the wellness and obesity rates in America of soft drinks and other sugared beverages. The authors propose different steps in their report that can be taken to reduce the elevated intake of calories...
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