Acc317 Disscution 1

Lower corporate tax rate would offer numberous benefit. For instance, it would mitigate the tax code's impediments to global competitiveness by ensuring the corporate rate is similar to the other nations because much of the burden of corporate taxation falls on workers through lower wages and fewer jobs. The corporate tax rate cut would boost the weak US labor market. During the economic crisis, it would also encourage firms to make capital investments more quickly so that they could deduct the depreciation of investments while the corporate rate is relatively high and realize the incom re from those investments when the rate is lower.

US tax on residential and citizenship based taxation. Citizens are taxed in the same manager as residents while Japan has the same tax as US except residential taxation. Kathleen good post. Agree with your point of view that US and Japan tax system are very similar, however US tax systems treatment of international business income is exceptionally burdensome while Japan taxes on a worldwide basis and provide foreign tax credit. RobertI agree on lower corporate tax rate because if corporation revenues return to America, we will have access to amore robust job market, with competitive wages, higher defined benefit, and stronger pensi on plan. Discussion 2 "Organizational Form Overseas" Please respond to the following: Assess two (2) advantages and two (2) disadvantages of conducting a foreign activity as either a branch operation of a U.S. or corporation as a domestic subsidiary indicating whether or not the advantages out weight the disadvantages and whether or not this is a viable options for most organizations. Evaluate two (2) reasons why a corporation may conduct its business as a foreign subsidiary, how this would likely impact its corporate tax obligation and how this option may be implemented. Consider the viability of these options with a change in the US tax code that would allow foreign earned profits to be returned to the...