Explain the constructive receipt doctrine

Assignment Help Accounting Basics
Reference no: EM13157635

1. Explain the Constructive Receipt Doctrine.

What role does the U.S. Congress play in creating the tax law? Briefly explain how a tax bill becomes a tax law.

2. What role does the Internal Revenue Service play in interpreting, and providing guidance on, the tax law?

3. What types of tax law guidance are published by the IRS?

Reference no: EM13157635

Questions Cloud

What was the average speed of bus for entire trip : The bus averaged 40 mph on the drive from Columbus to Athens but averaged 60 mph during the return trip. What was the average speed of the bus for the entire trip?
How would you interpret the results of this cross : Women born with an extra X chromosome (XXX) are healthy and phenotypically indistinguishable from normal XX women. What is a likely explanation for this finding? How could you test this explanation?
Mr. john estes oversees the distribution : Mr. John Estes oversees the distribution of Tastee Snacks products from the plant warehouse to its two distribution centers in the United States. The plant warehouse currently has 42,000 units of the company's most popular product, Chocolate Chewies.
Compare the variance of the estimator of the slope term : Suppose that classical least squares assumptions apply and the true value of intercept term or is 0 in following model: yi=alpha + beta xi + epsilon i, Now estimate this model with and without an intercept term and compare the variance of the est..
Explain the constructive receipt doctrine : Explain the Constructive Receipt Doctrine. What role does the U.S. Congress play in creating the tax law? Briefly explain how a tax bill becomes a tax law.
What is the probability that they will have a color-blind : Red-green color blindness is caused by a sex-linked recessive allele. A color-blind man marries a woman with normal vision whose father was color blind.
How could calculating a z help in a business situation : Give an example from everyday life where you could use the Normal distribution to determine the probability of something. What is a z score and how could calculating a z help you in a business situation?
How many male workers will be hired : firm discriminates against females with a discrimination coefficient of 1.7. How many male workers will be hired?
Why people must be vaccinated once a year for influenza : What is the best reason why people must be vaccinated once a year for influenza?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd