Question

In: Economics

(TCOB) State taxation of out-of-state businesses is based upon establishment of "minimum contacts." Describe the theory...

(TCOB) State taxation of out-of-state businesses is based upon establishment of "minimum contacts." Describe the theory of minimum contacts and explain how that theory affects whether or not a state can tax goods sold or services rendered.

Solutions

Expert Solution


Related Solutions

Describe Adam Smith’s Cannons of Taxation Describe seven types of taxes that are imposed upon citizens...
Describe Adam Smith’s Cannons of Taxation Describe seven types of taxes that are imposed upon citizens of the United States. Need help ASAP, please provide more details.
7. A newer theory of the corporation, based upon finance, is that the organization behaves in...
7. A newer theory of the corporation, based upon finance, is that the organization behaves in a way that is designed to maximize number of jobs in their communities profit (earnings) total operating revenue from sales market share shareholder wealth maximization 8. Recent surveys of hundreds of CEOs have noted that most said the primary goal of their firm was to maximize profit (earnings) bonuses to senior managers the well-being of a broad list of stakeholders including customers and the...
LMX theory is based upon the personal relationships that we build with the individuals that work...
LMX theory is based upon the personal relationships that we build with the individuals that work for us. As hard as we could try, our personal biases, affinity towards those that have similar interests as ours, and people that we gravitate toward, will tend to remain a part of our primary or at least secondary spheres of engagement. Why? We tend naturally to spend more time with the people at work than we do with our families and work becomes...
What is the ethical implication to business based upon climate change? and How businesses should adapt...
What is the ethical implication to business based upon climate change? and How businesses should adapt to the enviroment in order to become successful?
For each state below, spell out plausible responses for a TFTP receiver upon receipt of a...
For each state below, spell out plausible responses for a TFTP receiver upon receipt of a Data[N] packet. Your answers may depend on N and the packet size. Indicate the events that cause a transition from one state to the next. The TFTP states were proposed in 16.4.2   TFTP States. (a). UNLATCHED (b). ESTABLISHED (c). DALLYING Example: upon receipt of an ERROR packet, TFTP would in all three states exit.
Describe the events of a cardiac cycle based upon contracting and relaxation phases. Describe the activity...
Describe the events of a cardiac cycle based upon contracting and relaxation phases. Describe the activity of each chamber during cardiac systole and cardiac diastole. Be able to relate the electrical activity of the heart (depolarization, repolarization) to the corresponding electrical activity depicted on a typical ECG/EKG tracing. Label and define the waves. Trace the depolarization pathway through the intrinsic conduction system components. Compare and contrast cardiac and skeletal muscle contraction.
Briefly state and describe the general approaches to taxation that countries can adopt. What is “Double...
Briefly state and describe the general approaches to taxation that countries can adopt. What is “Double Taxation” and how its burden might be eliminated or reduced? What are “Foreign Tax Credit,’ “Foreign Tax Deduction,” and “Foreign Tax Credit Limitation”? What is “Transfer Pricing” and how could it be used to reduce worldwide tax obligations?
Write out the model based upon free cash flow (FCF) that is used when valuing an...
Write out the model based upon free cash flow (FCF) that is used when valuing an entire firm that does not pay a dividend.
Describe transition state theory and how it applies to enzyme catalysis. Why is a transition-state analog...
Describe transition state theory and how it applies to enzyme catalysis. Why is a transition-state analog not necessarily the same as a competitive inhibitor?
Based upon your standard of living in the U.S., describe the impact you may have on...
Based upon your standard of living in the U.S., describe the impact you may have on the earth. Is your standard of living sustainable in an urban environment, and how does it affect the carrying capacity of humans?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT