Financial and Operational Effects DB.docx - Jefferson Industrial Machine Inc Memorandum To Mark Wise Chief Financial Officer(CFO From Chrisie Jefferson

Financial and Operational Effects DB.docx - Jefferson...

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Jefferson Industrial Machine, Inc. Memorandum To: Mark Wise, Chief Financial Officer (CFO) From: Chrisie Jefferson, Financial and Tax Analyst CC: Dr. Ralph Palumbo Date: August 30, 2019 Re: Financial and Operational Effects I have information that I do believe that you could benefit from having knowledge of in regard to the financial and operational effects on the corporate taxpayer behavior. That information includes answers to the following questions: what are types of doctrines and how do they work, including what are the three broad restrictions on taxpayer behavior, how do these doctrines affect taxpayer behavior, and is it socially beneficial to have these doctrines? The three broad restrictions on a taxpayer’s behavior are, 1. If you sell valuables to a related party, you are not allowed to take a loss, for example, if I purchase some stock for $100 per share and wants to sell the stock to my sister for $80 per share. If I did this, then I would not be allowed to take the $20 per share
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  • Spring '16
  • RalphPalumbo
  • Taxation in the United States, Scholes, Tax Analyst

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