ACC 317 Advanced Federal Taxation

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Question description

Week 7 eActivity Use the Internet to research one (1) example of a U.S. domestic corporation conducting business internationally.

"International Taxation" Please respond to the following:

  • From the e-Activity, describe the tax benefits offered in conducting business internationally for the corporation selected. Recommend at least one (1) tax benefit that the U.S. could offer corporations to transfer business back to the U.S. to help reduce unemployment. Provide support for your response.
  • Tax treaties help determine how income will be taxed. Identify one (1) benefit offered as a result of a tax treaty, and determine the manner in which this might help reduce taxes owed. Provide support for your response.

Corporate tax inversions occur when a U. S. company acquires a foreign corporation and moves the company’s headquarters to a foreign country to take advantage of lower tax rates. After a number of prominent inversions about a year ago, U.S. Treasury provided stronger rules and regulations and an outcry from the public based on the media attention inversions appeared to decrease. This article on Pfizer seems to indicate another large company is seeking to lower taxes through inversions. Read the article and provide suggestions on additional actions the U.S. can take to prevent future inversions by U.S. companies.

Pfizer's creative merger plan revives concerns about tax-avoiding 'inversions'

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(Top Tutor) Daniel C.
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