In terms of long term strategy, it is better to plan your taxes for future tax breaks and exemptions than it is to lie on your taxes. However, is it always better to plan around tax breaks rather than plan around investment returns? What could you do to include both investment returns and tax breaks in your financial plans?

Acoase solution to a problem of externality ensures that a socially efficient outcome is to

Diamond motor car company produces some of the most luxurious and expensive cars in the world. typically, only a single dealership is authorized to sell its cars in certain major cities. in less populous areas, diamond authorizes a single dealer for an entire state or region. the manufacturer of diamond automobiles is using a(n) distribution strategy for its product.

Coop inc. owns 40% of chicken inc., both coop and chicken are corporations. chicken pays coop a dividend of $10,000 in the current year. chicken also reports financial accounting earnings of $20,000 for that year. assume coop follows the general rule of accounting for investment in chicken. what is the amount and nature of the book-tax difference to coop associated with the dividend distribution (ignoring the dividends received deduction)?