Global Business - EU and Taxation

How has regional integration with the EU impacted taxation for global businesses?

Jung’s grand strategy

Beside the objections listed why is Jung’s grand strategy not optimal and why should it be refocused?

OVERSEAS INHERITANCE

I have an inheritance in Lebanon that is estimated around 200,000 (between cash and property). It was from my uncle who have no children. I know that inheritance of such a small amount is not taxable in the US, but what if the inheritance is from another country, like Lebanon? Does it make a difference? How about the fact that it is from my uncle? Does that make a difference? I also would like to know what publication or proof can validate the answer.

Tax Types

Please let me know if the following is correct. Thank you. Indicate which of the following taxes are generally progressive, proportional, or regressive? a. State income taxes Progressive taxes b. Federal estate tax Progressive tax c. Corporate franchise tax (state) Proportional tax ????? d. Property taxes Proportional taxes e. State sales taxes Proportional taxes (unless measured against an income base, then they would be regressive taxes)

Estate Tax

Carlos inherits 100 shares of Allied Corporation stock from his father. The stock cost his father $8,000 and had a $10,000 FMV on the date of his father's death. The alternative valuation date was not elected. What is Carlos's tax basis for the Allied stock when it is received from the estate? Carlos's tax basis for the Allied stock is the full market value of the stock which is $10,000.