How would a double taxation treaty between any of these


The Discussion Board (DB) is part of the core of online learning. Classroom discussion in an online environment requires the active participation of students and the instructor to create robust interaction and dialogue.

Every student is expected to create an original response to the open-ended DB question as well as engage in dialogue by responding to posts created by others throughout the week.

At the end of each unit, DB participation will be assessed based on both level of engagement and the quality of the contribution to the discussion.

At a minimum, each student will be expected to post an original and thoughtful response to the DB question and contribute to the weekly dialogue by responding to at least two other posts from students.

The first contribution must be posted before midnight (Central Time) on Friday of each week. Two additional responses are required after Friday of each week. Students are highly encouraged to engage on the Discussion Board early and often, as that is the primary way the university tracks class attendance and participation.

The purpose of the Discussion Board is to allow students to learn through sharing ideas and experiences as they relate to course content and the DB question. Because it is not possible to engage in two-way dialogue after a conversation has ended, no posts to the DB will be accepted after the end of each unit.

Edna and Mary are stockholders in Pharma Heal and have received a substantial income from Pharma's success. Mary and Edna are citizens of the United States but reside in England and own property jointly in Sweden.

This situation has posed significant problems for their accountants because the accountants don't know where their taxes are to be paid. As an international business consultant, please advise the accountants on the following issues.

• To which of these countries will Mary and Edna have to pay income taxes?

• On what specific income will each country be able to impose taxes?

• On what basis will each country be able to impose taxes?

• How would a double taxation treaty between any of these nations possibly change your answer?

One of the most important questions in the international business community is the responsibilities of individuals living in one country, being a citizen of another country, and doing business in several other countries. Discuss the social, political, economic, and legal liabilities involved in this type of situation.

Solution Preview :

Prepared by a verified Expert
Dissertation: How would a double taxation treaty between any of these
Reference No:- TGS02633722

Now Priced at $15 (50% Discount)

Recommended (90%)

Rated (4.3/5)