Taxation of Corporate Taxpayers vs. Income from Partnerships: Criteria and Examples
Taxation of Corporate Taxpayers vs. Income from Partnerships
Criteria
Centralized management:
A corporation is typically represented by its officers, not by the shareholders.
A partnership is typically represented by its partners or one partner elected by the partners.
Limitation of liability:
The shareholders in a corporation cannot be held liable for the corporation’s debts.
The partners in a partnership can be held liable for the partnership’s debts even though limitations on the liability may be
Read MoreFederico Echevarria’s Rally-Protest Speech in Favor of Protectionism
1. INTRODUCTION
The text we analyze is a fragment of the rally-protest speech that the Basque businessman Federico Echevarria gave in Bilbao on December 9, 1893 in favour of protectionism.
As regards the origin, it is a primary source. As regards the form, it is a public meeting/rally, then it is a narrative text; in the content, it is an economical text.
The text is addressed to the Government and to businessmen, therefore it is a public text.
The main objective of Echevarria was to eliminate free
Read MoreProfessional Ethics and Responsibilities in Engineering
Module 3 //
Codes of Ethics :
A professional association is a non-profit organization that offers membership to practitioners of a particular profession. It provides an organized platform for the professionals and helps them increase their skills. The members in such organizations are expected to meet certain criteria and also to adhere to rules and regulations, i.e. codes of ethics.
- Protection of public safety, health, and welfare
- Actively discouraging bribery and plagiarism
- Practicing no discrimination
- Dissemination
Understanding Patents, Copyrights, and Trademarks
Define Patent
A patent for an invention is the grant of property rights to the inventor, issued by the U.S Patent and Trademark Office. Generally, the term of a new patent is 20 years from the date on which the application for the patent was filed in the U.S or, in special cases, from the date an earlier related application was filed, subject to the payment of maintenance fees. The right conferred by the patent grant is “the right to exclude others from making, using, offering for sale, or selling”
Read MoreIslamic Family Law: Dower, Marriage, Paternity, and Guardianship
The dower is the financial gain which the wife is entitled to receive from her husband by the virtue of marriage. It is also called Mahr. It may be settled before marriage, at the time of marriage, or after the marriage. The right of the wife to dower becomes complete on the consummation of marriage. The amount of dower may be increased after the marriage.
2. Definition of dower:
Fatawe-e-Almgiri
It is an obligation imposed by the law on the husband as a mark of respect for the wife.
Mulla:
Dower
Children’s Rights: A Comprehensive Overview of the UN Convention
Be recognized
: A child is recognized as a person under the age of 18, unless national laws recognize an earlier age of majority. ARTICLE 2
Non-discrimination
: All rights apply to all children without exception. It is the State’s obligation to protect children from any form of discrimination and to take positive action to promote their rights. ARTICLE 3
Adequate care
: A child is recognized as a person under the age of 18, unless national laws recognize an earlier age of majority. ARTICLE 4