Double taxation is a term that refers to imposition of two or more taxes on the same income, asset, or financial transaction. Methods and reasons for tax evasion: including underreporting income, overstating deductions, hiding assets, failing to file a tax return, and using offshore accounts.
The main reasons for tax evasion are to reduce the amount of taxes owed and to avoid legal penalties, such as fines and imprisonment. Tax evasion can also be used as a form of protest against perceived unfairness in the tax system.
Combatting tax evasion : There are several ways to combat tax evasion, including increasing penalties and enforcement efforts. Addressing the issue of tax havens is therefore a key part of efforts to combat tax evasion.
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Answer:
in the off season he should operate as long as he rent one boat for one month
Explanation:
Given data:
number of boat 10
rent cost for 1 boat $200
variable cost is $50
in the off season he should operate as long as he rent one boat for one month. the reason behind this is that at this condition variable cost is less than cost for rent. As long as he rent one boat for a month the variable cost remain less than the rent cost of boat
Answer:
False
Explanation: