Consider you are a cpa and are hired by an elected official

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Reference no: EM13351847

Consider you are a CPA and are hired by an elected official to recommend changes to the present tax code related to corporate taxes.

1. Based on your research, assess which proposal you consider to be the most viable and financially attractive proposal for U.S. corporate taxpayers showing how this proposal could be implemented. Provide support for your rationale.

2. Explore the impact to corporations and the US economy if U.S. companies would repatriate foreign profits earned without incurring a federal tax liability. Give support for your rationale.

3. Based on your research, which corporate taxes would you propose to remove and why?

4. Evaluate the impact, positive or negative, that your proposed eliminations would have on corporations and the economy. Give evidence to support your position.

5. Propose an alternative tax method for corporations and show how your proposed changes would be beneficial to corporate taxpayers compared to the existing system for both corporations and the economy. Give support for your rationale.

Reference no: EM13351847

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