Sunday, May 24, 2020
Cuando se solicita la tarjeta de residenciaÃ porÃ matrimonio para el cÃ ³nyuge extranjero es necesario que cada uno llene una planilla que se conoce como G-325A.Ã La finalidad de esta planilla (forma) es que el gobierno pueda verificar el historialÃ de ambos cÃ ³nyuges, tanto el que pide la tarjeta de residencia, como el extranjeroÃ para el que se solicita. Por este motivo, cada uno de los esposos debe cumplimentar independientemente su propio formulario. Es decir, cuando se envÃ e la documentaciÃ ³n al USCIS hay que incluir en el paquete dos G-325A. Esto aplica tanto a los matrimonios heterosexuales, es decir, entre un hombre y una mujer, como a los matrimoniosÃ homosexuales, entre dos hombres o dos mujeres. QuÃ © informaciÃ ³n se solicita en la G-325A Escribir el apellido/s donde pone family name Nombre de pila en first name Segundo nombre, si lo hubiera enÃ middle name Marcar con una x la opciÃ ³n correcta de sexo. Si se esÃ varÃ ³n marcarÃ male, si si se esÃ mujer female La fecha de nacimiento (date of birth), empezando por el mes, dÃ a y aÃ ±o. Por ejemplo, si se naciÃ ³ el 24 de marzo de 1970 hay que escribir 03/24/1970 Nacionalidad (citizenship/nationality).Ã Ã No se pide el paÃ s del lugar en el que se naciÃ ³, sino la nacionalidad actual. Por ejemplo, si el ciudadano americano que pide a su cÃ ³nyuge tiene tambiÃ ©n otro pasaporte por doble nacionalidad, debe poner siempre USA, no la otra. NÃ ºmero de identificaciÃ ³n (file number). En el caso de la persona que solicita a su cÃ ³nyuge es ciudadano americanoÃ desde su nacimiento contestar None o N/A. Si es ciudadano porque se naturalizÃ ³, poner su Alien Registration Number, que puede encontrar en el certificado de naturalizaciÃ ³n. Si el que pide es un residente permanente, poner el nÃ ºmero de ocho o nueve dÃ gitos que comienza con una A y que aparece en su greencard. Si sÃ ³lo tiene ocho nÃ ºmeros aÃ ±adir a la izquierda un cero hasta tener un total de nueve dÃ gitos. En el formulario del extranjero para el que se piden los papeles en la mayorÃ a de los casos la respuesta es None. Pero si en el pasado tuvo un expediente abierto con alguna autoridad migratoria es muy posible que tenga uno. Mira aquÃ quÃ © es el Alien Registration Number y cÃ ³mo encontrarlo. Otros nombres (other names). Por ejemplo, una mujer al casarse puede cambiar su apellido. En este caso,Ã en otros nombre tiene que poner el suyo de soltera, o incluso el que utilizÃ ³ en matrimonios anteriores. Esta pregunta se refiere a nombres legales, no a apodos. Ciudad y paÃ s de nacimiento (city and country of birth) NÃ ºmero del Seguro Social (U.S. Social Security). El que pide la greencard deberÃ ¡ poner el suyo, el cÃ ³nyuge extranjero, salvo casos muy concretos, no tendrÃ ¡ y la respuesta esÃ None en esa casilla. Si lo tuviera, ponerlo. En family name, donde pone father escribir el apellido del padre y donde pone mother el de la madre. Justo debajo aparece entre parÃ ©ntesis maiden name. Es para los casos en los que la madre adoptÃ ³ despuÃ ©s de casarse el apellido del marido, poner ahÃ el apellido de soltera. Si, por el contrario, nunca tomÃ ³ el apellido del marido no serÃ ¡ necesario que escriba nada.Ã En la casilla siguiente donde pone First name escribir el nombre el padre y de la madre A continuaciÃ ³n escribir la fecha de nacimiento del padre (date of birth) y justo debajo en la misma casilla el de la madre En el cuadradoÃ siguiente escribir la ciudad y el paÃ s en el que nacieron (city and country of birth) Y, finalmente, en la casilla city and country of residenceÃ escribir el nombre de la ciudad y del paÃ s en el que viven. Si unoÃ de ellos ha fallecido, escribir deceased. En current husband or wife escribir el nombre del esposo o de la esposa, comenzando con el apellido en la casilla que pone family name. En el caso de que la esposa hay cambiado el nombre al casarse aquÃ en concreto es necesario escribir su apellido de soltera. En la casilla siguiente donde pone first nameÃ anotarÃ el nombre de pila del esposo o esposa con la que la persona que llena el formulario estÃ ¡ casado/a A continuaciÃ ³n su fecha de nacimiento del otro cÃ ³nyugeÃ (date of birth). Es decir, la esposa escribirÃ ¡ en su planilla el dÃ a de nacimientoÃ de suÃ esposo y el marido en su planilla el de su mujer. La siguiente informaciÃ ³n consiste en escribir la ciudad y el paÃ s en el que naciÃ ³ elÃ esposo/a del que llena la planilla (city and country of birth) En date of marriage escribir la fecha en la que se casaron, empezando por el mes, seguido del dÃ a y del aÃ ±o. Finalmente, en place of marriage poner el lugar de la ceremonia, escribiendo el nombre de la ciudad y el paÃ s. Si se celebrÃ ³ en otro paÃ s, estos son los requisitos para que el matrimonio celebrado en el extranjero sea vÃ ¡lido. En la siguiente lÃ nea hay que escribir esa misma informaciÃ ³n, pero relativa a esposos/as anteriores. Si este es el primer matrimonio simplemente poner N/A en las casillas en las que piden el apellidoÃ del anterior esposo/a (former husband or wife. Family name), el nombre (first name), la fecha de nacimiento (date of birth), el lugar y fecha del matrimonio (date and place of marriage) y fecha y lugar de fin del matrimonio por divorcio, anulaciÃ ³n o viudedadÃ (date and place of termination of marriage). Si hubo anteriores bodas, llenar esos datos en la casilla que corresponda. A continuaciÃ ³n, en applicantÃ ´s residence last five years, hay que poner los lugares en los que se ha vivido por los Ã ºltimos cinco aÃ ±os, en orden cronolÃ ³gico. Es muy importante comenzar con el actual y en las lÃ neas siguientes escribir los anteriores. En street and number poner calle y nÃ ºmero, en city, el nombre de la ciudad, en province or state la provincia o estado, en country el paÃ s y luego en from hay dos columnas, una en mes y otra en aÃ ±o. AhÃ se pone la fecha de inicio, poniendo en nÃ ºmeros el mes (month) y el aÃ ±o (year). A continuaciÃ ³n done pone To, y hay que escribirÃ hasta cuando se viviÃ ³ en esa direcciÃ ³n. En la siguiente lÃ nea donde pone applicantÃ ´s last adress outside of the United States of more than 1 year, si se trata del cÃ ³nyuge extranjero que vive en el extranjero y ya ha colocado la informaciÃ ³n en la casilla anterior, entonces escribir N/A. La misma respuesta para el cÃ ³nyuge que vive en Estados Unidos y no ha vivido en el extranjero en los Ã ºltimos cinco aÃ ±os por mÃ ¡s de uno. Si ha vivido, deberÃ ¡ enumerar dÃ ³nde y las fechas. En la siguiente lÃ nea, donde pone applicantÃ ´s employment last five years, escribir por orden cronolÃ ³gico los empleos. Se pide, en primer lugar, el nombre del empleador y su direcciÃ ³n, a continuaciÃ ³n el tipo de trabajo desempeÃ ±ado (occupation) y finalmente las fechas de empleo. Comenzar siempre por el trabajo actual. En el caso de haber sido estudiante, escribir student y si se ha estado desempleado unemployed. Si nunca se ha trabajado, escribir N/A. En la siguiente lÃ nea pregunta por el Ã ºltimo empleo en el extranjero (last employment abroad). Si se trata de la planilla que estÃ ¡ rellenando el cÃ ³nyuge extranjero que vive en otro paÃ s, responder N/A, porque la respuesta ya estÃ ¡ en la lÃ nea anterior. Si estÃ ¡ contestando el cÃ ³nyuge que vive en USA, la respuesta tambiÃ ©n serÃ ¡ N/A, a menos que en los Ã ºltimos cinco aÃ ±os haya trabajado en otro paÃ s. Si ese es el caso, poner el nombre del empleador y su direcciÃ ³n, el cargo desempeÃ ±ado y las fechas del trabajo. En la siguiente lÃ nea es muy importante prestar atenciÃ ³n. Si se trata de la planilla que estÃ ¡ llenando el cÃ ³nyuge extranjero, entonces deberÃ ¡ marcar con una x la casilla que pone status as permanent resident. Por el contrario, en la planilla que llena el cÃ ³nyuge que es ciudadano, entonces debe marcar other y especificar por escrito in support of spouseÃ ´s I-130. A continuaciÃ ³n, en la misma lÃ nea, firmar y poner fechaÃ Por Ã ºltimo, en el Ã ºltimo recuadro justo antes de acabar la hoja escribir el apellido del que rellena la planillaÃ en family name. En given name, el nombre de pila. EnÃ middle name el segundo nombre, si lo hubiera. Y en Alien Registration Number, Poner lo mismo que se escribiÃ ³ en la parte superior de la planilla donde se preguntÃ ³ por el file number. A tener en cuenta al llenar la planilla La planilla G-325A, como todas las del USCIS, es gratuita y se puede bajar directamente de internet. No pagues por este tipo de formularios. Si no sabes una fecha exacta, no la inventes. Simplemente en vez de especificar dÃ a, mes y aÃ ±o escribe simplemente el aÃ ±o. Si tampoco estÃ ¡s seguro de eso, puedes escribir que no lo sabes poniendo la palabra unknown. Si bien no es recomendable abusar. No saber una o dos fechas puede ser admisible, pero mÃ ¡s puede dar lugar a que el USCIS simplemente no acepte como buena la forma y pida que se vuelva a llenar.Ã Este tipo de peticiones de familia (para cÃ ³nyuge) es el mÃ ¡s frecuente. Pero tambiÃ ©n se puede pedir para los hijos. En el caso de ciudadanos, tambiÃ ©n pueden solicitar a padres y hermanos. Si tienes dudas sobre quÃ © tinta emplear, quÃ © hacer cuando el espacio provisto en la planilla no es suficiente, etc, lee este artÃ culo sobre cÃ ³mo llenar las planillas de inmigraciÃ ³n. Las cosas pueden ir mal La peticiÃ ³n de la green card puede ser negada por muchas causas. Antes de comenzar el proceso asesorarse con un abogado particularmente en casos de persona que se quiere pedir que estÃ ¡ presente en Estados Unidos en situaciÃ ³n de ilegalidad, ya que no siempre se pueden arreglar los papeles. TambiÃ ©n asesorarse si estÃ ¡ fuera del paÃ s pero tiene pendiente una penalidad por deportaciÃ ³n y/o por estancia ilegal en los Estados Unidos y le aplica el castigo de los 3 o de los 10 aÃ ±os. Este es un artÃ culo informativo. No es asesorÃ a legal.
Thursday, May 14, 2020
Ã¢â¬Å"Do any human beings ever realize life when they live it?- every, every minute?Ã¢â¬ (Wilder 108). This is the question Emily asks at the end of the play, Our Town, when she realizes the importance of life and enjoying our present. Our Town is a play by a famous American playwright, Thornton Wilder. In his play Our Town, Thornton Wilder reveals the traditional American life in the early 1900s and the appreciation of life and ordinary objects by depicting the life of people living in a small town in Massachusetts called GroverÃ¢â¬â¢s Corners. Thornton wilderÃ¢â¬â¢s play Our Town is an example of Modernism because it breaks away from traditional ways of theater, uses simple and straightforward language and has an unusual plot. Thornton Wilder startedÃ¢â¬ ¦show more contentÃ¢â¬ ¦Our Town was Ã¢â¬Å"a radically innovative way of presenting a dramaÃ¢â¬ as it was different from other plays of that time and was well received by the audience (Ã¢â¬Å"Our TownÃ¢â¬ ). Innovation is one of the major elements of modernism and Wilder effectively used it throughout the play. Our Town was a break from traditional theater and is still performed in many high schools. When many other theater productions were producing plays with luxurious sets and costumes, Wilder experiments with the set and uses Ã¢â¬Å" no curtain, no sceneryÃ¢â¬ and a few props (Wilder 3). This was a huge risk at that time, but was highly appreciated. According to a critic, Ã¢â¬Å"by stripping the play of everything that is not essential, Mr. Wilder has given it profound, strange, unworldly significanceÃ¢â¬ (Brantley). Getting rid of the scenery places more focus on the characters making them a vital part of the play. Additionally, many act ions throughout the play are pantomimed which allows the viewers to make use of their imagination. Thornton Wilder again brings innovation on stage by introducing an omniscient stage manager as one of the characters in the play. Usually, the stage manager is the person who blends into the background and is never seen on the stage, but that is not the case in Our Town. This play begins with its stage manager already on stage who introduces the setting and the characters. This allows major people
Wednesday, May 6, 2020
Role of the Characters in The Glass Menagerie All of the characters in The Glass Menagerie have specific symbols in the play representing themselves. Some of the symbols for Tom are the Merchant Marine and the magicianÃ¢â¬â¢s nailed coffin, while AmandaÃ¢â¬â¢s are the yellow dress and her membership to the Daughters of the American Revolution and some of LauraÃ¢â¬â¢s are the unicorn and blue roses. Tennessee Williams play has a simple face but the meanings behind the countless and increasingly complex symbols make the play enjoyable the tenth time read. Through the narrator, Tom, we are giving a glimpse into Tennessee WilliamsÃ¢â¬â¢ life as his autobiographical character survives the depression era in St. Louis. I shall explain some of the moreÃ¢â¬ ¦show more contentÃ¢â¬ ¦She makes her self-the standard with such remarks as seventeen! --gentlemen callers, and since Laura cannot fulfill those expectations, she is Ã¢â¬Å"crippledÃ¢â¬ . Even her appearance is subject to AmandaÃ¢â¬â¢s standard when Jim arrives. When Amanda compliments her daughter, she uses the opportunity to give herself a bigger compliment mirroring JimÃ¢â¬â¢s actions. Next is the our narrator, Tom. Their apartment is TomÃ¢â¬â¢s nailed coffin. He yearns to be free of this love, the mirror, and for adventure such as the Merchant Marines. Tom has a need for companionship like every other human being, but his need for loneliness is greater. Tom and his sibling share this. His mother says Go to the movies, go! Dont think about us, a mother deserted, an unmarried sister whos crippled and has no job! Dont let anything interfere with your selfish pleasure!. This is his mother using the mirror against him. Tom is a grown man who pays the rent of their dwelling. Although Tom should hold some power in the household he is constantly being held in check by being made to feel guilty. Eric P. Levy notes that TomÃ¢â¬â¢s smashing of the glass after his motherÃ¢â¬â¢s declaration is symbolic of TomÃ¢â¬â¢s mirror and his urge to smash it. Not only is this symbolic of his mirror, but it is another link to his sister when her glass menagerie breaks. Tom and Laura are nailed into dysfunctional love with their mother. TomÃ¢â¬â¢s smashing of his mirror and them leaving foreshadows LauraÃ¢â¬â¢s possible futureShow MoreRelatedThe Glass Menagerie By Tennessee Williams985 Words Ã |Ã 4 PagesÃ ¨ This quote by the author of The Glass Menagerie, Tennessee Williams, describes both The Glass Menagerie, a memory play, and the life of Tennessee Williams himself, for whom memories played a large role in his life. Within the play, many parallels can be drawn between the life of Williams and the life of Tom, the main character, such as a disdain for factory work. In addition, several characters in The Glass Menagerie have a difficult time fitting into the roles that their family and their societyRead MoreEssay on Glass Menagerie722 Words Ã |Ã 3 Pagesnbsp;nbsp;nbsp;nbsp;nbsp;The Glass Menagerie, by Tennessee Williams c ontained well-characterized characters. The quot;Dead Poetamp;#8217;s Societyquot; also contained a great set of characters that were similar to those in The Glass Menagerie. It is fair to say that the characters of The Glass Menagerie and the characters of quot;Dead Poetamp;#8217;s Societyquot; are more similar than different. nbsp;nbsp;nbsp;nbsp;nbsp;Both stories had no main characters; therefore it was easy to distinguishRead MoreLiterary Analysis of The Glass Menagerie by Tenessee Williams1462 Words Ã |Ã 6 PagesThe Glass Menagerie by Tennessee Williams had ordinary people in an ordinary life that closely resembled the influences of WilliamsÃ¢â¬â¢ personal life while having reoccurring themes and motifs throughout the story. The play has been done by many with some variations in the scripts and setting while still clinging to the basic ideas of the original play. Amanda Wingfield was a complex character that encompassed many facets of her personality. She longed to have the life she had as a girl and youngRead MoreConflict Between Reality and Illusion as a Major Theme of Ã¢â¬Ëthe Glass MenagerieÃ¢â¬â¢1718 Words Ã |Ã 7 PagesConflict between reality and illusion as a major theme of Ã¢â¬ËThe Glass MenagerieÃ¢â¬â¢ Introduction The Glass Menagerie is a dramatic play about human nature and the conflict between illusion and reality. An illusion is pretense and not reality. In The Glass Menagerie, Tennessee Williams has made use of both reality and illusion together using conflict between them. Illusion is a misinterpretation of the facts. It is an opinion based on what we think is true rather than on what is actually true. In thisRead MoreAnalysis Of The Play The Glass Menagerie 1281 Words Ã |Ã 6 PagesDevin Simpson Professor Carusp The Glas Menagerie 4/29/15 Within the play The Glass Menagerie, Amanda, Laura, and Tom Wingfield all of have their own dreams that are continuously destroyed by the harshness of reality. Amanda, stuck in the ease of her youth, tries to relive her life through her daughter Laura. Being crippled both physically and mentally, Laura struggles to escape the bubble she has created around herself that her mother Amanda so strongly tries to force her out of. Tom whom, althoughRead MoreThe Glass Menagerie By Tennessee Williams867 Words Ã |Ã 4 Pages Every person plays a role in society, but the choice to stop playing that role is entirely up to that person. There are times when a person wants something so badly that they are willing to deviate from their role to obtain it. Where do you draw the line between getting what you want and doing what you are obligated to do? In The Glass Menagerie by Tennessee Williams, the main characters are torn between fulfilling their desires and aligning with their role in so ciety. On the surfaceRead MoreEssay about Williamss Use of Symbolic Reference in The Glass Menagerie851 Words Ã |Ã 4 Pagesin The Glass Menagerie Tennessee Williams wrote The Glass Menagerie basing it on himself and his life, although not always in detail. Tennessees life was not one of perfection. It had a lot of downs causing the play to be a very sentimental, dimly lighted and emotionally play. Although this play has a very basic story line Tennessee use of symbolism crates a much more meaningful story of the Wingfild family. Symbolism is used in almost every object, character and inRead MoreSymbolism In The Glass Menagerie By Tennessee Williams858 Words Ã |Ã 4 Pagesaffected his work especially in The Glass Menagerie. WilliamsÃ¢â¬â¢s homosexuality made him be seen as an outcast in American society. Not to mention that homosexuality was not as widely accepted as it is today. The writing style of Williams creates a unique and great story. Tennessee Williams utilizes symbolism to express his themes throughout The Glass Menagerie. There are many events in Tennessee WilliamsÃ¢â¬â¢s early life that is similar to the details in The Glass Menagerie. Williams had a bad relationshipRead MoreThe Glass Menagerie Symbolism Essay800 Words Ã |Ã 4 Pagesseen as an outcast in American society. Tennessee Williams utilizes symbolism to express his themes throughout The Glass Menagerie. There are many events in Tennessee WilliamsÃ¢â¬â¢s early life that is similar to the details in The Glass Menagerie. Williams had a bad relationship with his father, who was clinically alcoholic (Debusscher 1). WilliamsÃ¢â¬â¢s dysfunctional family plays a role towards his homosexuality (Debusscher 4). A research group discovered that children who have alcoholic parents haveRead More Alienation in Tennessee Williams, The Glass Menagerie Essay examples943 Words Ã |Ã 4 PagesAlienation in Tennessee Williams, The Glass Menagerie Life is a lonely tale of alienation, as Tennessee Williams conveys though his play, Ã¢â¬Å"The Glass Menagerie.Ã¢â¬ Williams surrounds Laura in isolation from a world in which they wish to belong to by using various symbols. The symbolic nature of the motifs hidden within the lines of this play provides meaning to the theme found consistent throughout the play: Individuals are all alone in the world. Williams brilliantly illuminates the
Tuesday, May 5, 2020
Question: Explain the net capital losses or gains for the current tax year of Dave. Answer: In this particular case, the objective is to determine the net capital losses or gains for the current tax year of Dave as per the given transactions. Dave Solomon has sold some of his assets in order to prepare for his retirement. These selling operations of the given assets would result reasonable tax implications in terms of capital losses or gains. A brief discussion on the selling of the assets are as follows. Selling of the residence place (St. Lucia) As per the given information, it can be concluded that to achieve the reasonable amount of superannuation fund, Dave has sold his residential house which was situated in St. Lucia and he resided in that house from last 30 year. As per this information it would be said that Dave must have purchased this two story residency house in the year 1986. Since, the house has been purchased after 20 September 1985, therefore, any capital gains realised by selling this residential place would be considered for CGT (Capital Gains Tax) as per ITAA, 1997 (Sadiq et. al., 2015) . Despite the residence not being exempted from the aegis of CGT, the main residence exemption may allow for capital gains concession in line with Division 118 ITAA, 1997. However, this would require the current residence to fulfil the following two conditions as are mentioned below (Barkoczy, 2015). The taxpayer must necessarily have stayed in the house ever since it has been purchased for the house to be classified as the main or permanent residence. Also, the commercial usage of the residence would not be there for deriving any sort of income. From the case information provided, it may be deciphered that in the given case, the satisfaction of both conditions takes place and thereby the given house can be classified as the main or permanent residence for Dave in the absence of any other residence. Hence, no CGT would be paid by Dave Solomon on any gains that are made on the sale of the residence (Gilders et. al., 2015). Capital gains computation of painting It is known from the question that the painting has been acquired in the post CGT era that commences on September 20, 1985 and therefore capital gains tax is applicable on any capital gains which may be derived by liquidation Paintings acquisition cost for Dave = $ 15,000 Sales price obtained on selling of the painting = $ 125,000 Gains of capital nature derived from painting sale = 125000 15000 = $ 110,000 Since the painting was held for more than a year, hence the capital gains derived from the same are of long term nature (Sadiq et. al., 2015). Capital gains computation of luxury boat It is known from the question that the luxury boat has been acquired in the post CGT era and therefore capital gains tax is applicable on any capital gains which may be derived. Purchase price of boat = $ 110,000 Liquidation price of boat = $ 60,000 Resultant capital losses = 110000-60000 = $ 50,000 Since the boat was held for more than a year, hence the capital losses are of long term nature (Sadiq et. al., 2015). Capital gains computation of shares It is known from the question that the shares have been acquired in the post CGT era and therefore capital gains tax is applicable on any capital gains which may be derived. Share acquisition price in January 2016 = $ 75,000 Selling price of the shares = $ 80,000 However, as per the question, there are certain costs that are incidental to the normal transaction and therefore as per Section 110-25 would contribute to the cost base of the asset. As per the information provided, the incidental costs are brokerage charges and also the stamp duty. Besides, the asset financing cost is also added to the overall cost base as per Section 110-25. In the given case, since ATO has denied providing any deduction to Dave Solomon, hence the interest costs would also add on to the overall share cost base (Barkoczy, 2015). Therefore, cost base for shares = 5000 + 250 + 75000 + 750 = $ 81,000 Sale proceed on share liquidation = $ 80,000 Capital losses on account of share sale = 81000 80000 = $ 1,000 Hence, the total gains of capital nature that Dave can derive based on the given transactions = 110000 50000 -1000 = $ 59,000 The case information also states that in the previous year, Solomon has made a loss of capital nature to the tune of $ 10,000 for the shares that Dave had sold. These losses would be brought forward in the current year and adjusted against the capital gains for the current year (Gilders et. al., 2015). Post adjustment net capital gains = 59000 -10000 = $ 49,000 The capital gains that are derived by Solomon are long term in nature and considering the individual taxpayer status of Solomon, a discount of 50% with regards to capital gains is available. Therefore, capital gains on which CGT would be levied = 49000*0.5 = 24,500 It is evident from the above computation that Dave makes a capital gain and thereby would have to pay CGT which is applied at a flat rate of 30% and is independent of the underlying value. Thus, liability related to CGT = 24500*0.3 =$ 7,350 The question now presents a situation where Solomon would make loss for FY2016 also and in this case the previous year losses would be accumulated and the cumulative loss would be transferred to the future years for balancing against the potential future capital gains, Ir is noteworthy that the accumulated losses would be rolled on till perpetuity until these are neutralised with adjustment against capital gains (Deutsch et. al., 2015). The given facts of the case reflect the fact that the employer Periwinkle has extended certain fringe benefits to the employee Emma which may have FBT (Fringe Benefit Tax) implications. The aim of the question is to opine on the tax implications arising from the above benefits in line with the provisions mentioned in the Fringe Benefit Tax Assessment Act 1986 (FBTAA86). The discussion of the tax implications of the host of fringe benefits extended in this case is carried out below. Fringe benefit linked to personal car usage The car fringe benefit is deemed to be derived under the circumstance when the employee uses the company owned car for satisfying his/her personal usage. This is in line with the description extended in Section 8 of the FBTAA86. The usage of the car and the underlying distance in kilometres leads to the determination of the fringe benefit and the associated tax liability. Additionally, as per Section 23L of the ITAA 1936, due to the car fringe benefit the tax implications will be levied on the employer (Sadiq et. al., 2014). As per the case details, Emma has been given car fringe benefit since the employer owned car was given by the employer for personal usage. For the computation of taxable value on a grossed up level, it is imperative to ascertain whether GST is paid or not (McCouat, 2012). In the event that GST is paid on the car, the relevant factor deployed for grossing up is 2.1463(ATO, 2015). The calculation of the resultant FBT liability is shown below (Wilmot, 2012). Step 1: Taxable Value Determination The formula for determination of the FBT taxable value is shown below. The various components which act as input need to be determined as is visible below. The applicable statutory percentage in the given case would be 20% as per the guidance from the ATO rule which states that the car must be utilised for a distance which is less than 15,000 km as the corresponding figure is 10,000 km (ATO, 2015). Total period for personal car usage by the employee i.e. Emma = 365-30-5 = 330 In the given case, 30 days have been deducted since the car was provided to Emma not at the beginning of the financial year but when a month had already been elapsed. Besides, further five days are adjusted for the repair period but no adjustment for ten days has been made for the parking as the ownership of the car was with Emma. Value of the fringe benefit due to car = 32450 0.2 (330/365) = $ 5,867.7 Step 2: Liability associated with FBT Fringe benefit tax on the value of the fringe benefit due to car = 5,867.7 2.1463 0.49 = $ 6,170.95 Loan linked fringe benefit The loan fringe benefit is the result of the extension of loan to employee by the employer at a rate of interest which is lower as compared to the prescribed rate of RBA and hence provides benefit to employee. Like the other fringe benefits, the liability arising on behalf of the loan fringe benefit has to be borne by the employer. The current RBA rate is spelled out in the TD 2015/8 and is equal to 5.65% pa (Barkoczy, 2015). The interest rate applicable on the loan given to Emma is 4.45% pa and hence the employee is being benefited due to lower interest rate. The actual amount of loan fringe benefit is the amount of saving of employee on the cumulative interest cost supposing that it was lent at the rate prescribed by RBA (Gilders et. al., 2015). Finance cost when loan is extended at RBA prescribed cost = 500,000 0.0565 = $ 28.250 Finance cost when loan is extended at employer prescribed cost = 500,000*0.0445 = $ 22,250 The total cumulative savings on interest = $ 28,250 - $ 22,250 = $6,000 Hence, FBT at the rate of 49% would be levied on the loan related fringe benefit of $ 6,000. Since 90% of the extended loan of $ 500,000 is deployed for holiday home purchase for deriving personal gains, hence the employer would get rebate on the interest paid on this loan which would lead to the FBT liability lowering (Sadiq et. al., 2015). Fringe benefit related to bathtub By extension of bathtub to employee Emma at a rate lower than that charged by the retail customer, Periwinkle has indeed extended a fringe benefit whose value is equal to the costing differential between the normal retail customers and Emma. Thus, on this differential amount FBT should be levied at the rate of 49% (Deutsch et. al., 2015). The information provided in the question states that there is a change in fund deployed as $ 50,000 which was earlier used by Emma would now be used by her husband who would use them for indulging in share investment. The tax rebate on account of the interest on the component of the loan used for purchase of the holiday home would still be continued. However, otherwise there would be a decrease in the FBT linked liability as is computed below (Sadiq, et. al.,2015). Finance cost when 10% loan is extended at RBA prescribed cost = 50,000*0.0565 = $ 2,825 Finance cost when loan is extended at employer prescribed cost = 50,000 0.0445= $ 2,225 Therefore, decrease in the fringe benefit taxable value = 2825-2225 = $ 600 Total decrease in FBT related liability = 600*0.49 = $ 294 References ATO 2015, How to calculate your FBT, Australian Taxation Office. Barkoczy,S 2015.Foundation of Taxation Law 2015,7th edn, CCH Publications, North Ryde Deutsch, R, Freizer, M, Fullerton, I, Hanley, P, Snape, T 2015. Australian tax handbook, 8th edn, Thomson Reuters, Pymont Gilders, F, Taylor, J, Walpole, M, Burton, M. Ciro, T 2015. Understanding taxation law 2015, 8th edn, LexisNexis/Butterworths. McCouat, P 2012, Australian GST legislation. 17th edn, CCH Australia Limited, North Ryde Sadiq, K, Coleman, C, Hanegbi, R, Jogarajan, S, Krever, R, Obst, W, and Ting, A 2015,Principles of Taxation Law 2015,8th edn, Thomson Reuters, Pymont Wilmot, C 2012, FBT Compliance guide, 6th edn, CCH Australia Limited, North Ryde.
Saturday, April 4, 2020
Credit Card On February 25, 2009 in Wall Street Journal Mary Pylon wrote about AmEx asking its customers to close their credit card accounts. As a stimulus, AmEx offered its clients a $300 prepaid gift. Pylon (2009) suggests that "the unusual move underscores how quickly conditions have deteriorated in the credit-card market". While mortgage crisis has become the source of major economic pressures, credit card companies still fight to survive. It should be said, that credit card holders are not given any choice; and if they do not agree to close their accounts by February 28, they will not receive the gift, but their accounts will still be closed. That means that for the customers who have sizeable credits but do not use their credit cards actively, AmEx will offer a gift in exchange for getting rid of them. Need essay sample on "Credit Card" topic? We will write a custom essay sample specifically for you Proceed Each customer was sent a letter with a code which, if submitted online, automatically cancels the card. If the customers agree to cancel their cooperation with AmEx and to close their accounts, they are not charged additional fees and are subject to the same interest rates. At the same time, for those who are late with payments, AmEx has already increased lateness fines. Moreover, the customers who agree to close their accounts, even voluntarily, damage their credit history. In simple terms, AmEx says "we want you out and we want to entice you financially to get out" (Pylon, 2009), and the more cards the company cancels, the more likely it will to survive the crisis. I chose this article because getting rid of credit card holders is new to the credit market. That means that companies and bank institutions do not have any other choice, when trying to increase their cash resources. They are no longer interested in customers who have low credit activity. They do not want customers to be late with payments. The crisis leads companies to the situation, when they need to invent new unusual methods to generate profits. With AmEx, closing credit card accounts has become the critical measure. It is very probable, that other credit card companies will take this example in order to survive the crisis, even if these measures damage customers' reputation. References Pylon, M. (2009). AmEx encourages cardholders to leave. The Wall Street Journal, 25 February. Retrieved March 13, 2009 from http://online.wsj.com/article/SB123542259989852121.html
Sunday, March 8, 2020
Deserts Essays - Ecosystems, Desert, Geomorphology, Xerocole, Rain Deserts A desert is an area defined by it has less than 50 cm of precipitation annually. Not all deserts are dry and sandy.Most of the worlds deserts tend to lie between 20 degrees to 30 degrees north and south latitude. North Africa, south western North America, the Middle East, and Australia support the largest deserts, but there are smaller deserts in other regions. Overall deserts cover one fifth of the earths surface.Hot desert climates are hot and dry, with high temperatures, usually around the 45 degrees Celsius mark which inturn with the low rainfall makes life in the desert very hard to support. At night the temperature can drop to around 18 degrees Celsius. With the hot deserts high temperatures and low rainfall amount, it can make life in the desert hard to support. The main way in which animals and plants survive is by adaptation, they adapt to survive in their surroundings. The Australian desert is the greatest example of a desert in which animals and plants have adapted for the ir survival.Desert plants use various techniques to reduce water loss and increase water intake. Many plants store their water in their leaves or another space. When a plant stores water in its leaves, it must keep it their, without loosing it. Some plants have a low Surface Area to Volume ratio which reduces water evaporation. There is another plant which has the ability to twist its leaves, so its thinnest side is facing the sun, thus it heats less, then less water evaporation occurs. But before plants store their water carefully, they must obtain it. The main way in which desert plants obtain their water is by having a deep root system which are extremely effective.Desert animals use a variety of different techniques of avoiding dehydration. Some animals use the fact that night time is cooler to their advantage (nocturnal). Others store water in a specialised area in their body (camel). The Rock Marsupial survives the high tempretures by living in rock crevices, or in a cave. The y found that inside the caves the tempreture is considerably lower, and the humidity is higher, therefor decreasing waterloss.
Friday, February 21, 2020
Lola Rennt ( Run Lola Run ) ( Tom Tykwer,1998) - Essay Example The three different endings of the film significantly experience intrigued, delight, annoying or sometime it also frustrates viewers trying to make any sense behind these three sequels (Ebert, 1999; Wilson, n.d.). Emphasising on different views and summary plots of the film, the essay critically explores one of the major extracts of the film RLR and provides effective learning outcome from the three alternate endings of the film. In this regard, the discussion of the essay delivers understanding and viewpoint about the script and how it can be evaluated in our day-to-day life. RLR represents jeopardising situations through its three distinctively developed alternate endings. According to the story of the film, it has been critically identified that the script of RLR is a blend of few major attributes that reflects a sense of intrigue, delightful, annoyance and frustration characteristics. Lola gets a panicky phone call from Manni, her boyfriend who appeared in the film as a trainee drug-runner. Due to the vulnerable consequences of his current position, Manni becomes more panic stricken and immediately blames Lola for not showing him up at the right time. Lola clarifies that Ã¢â¬Å"her moped had been stolen.Ã¢â¬ Desperately, Manni reveals that he had to walk to the subway with a full bag of one hundred thousand Deutschmarks as she had failed to show him up at the early stage of engagement with drug-running. He becomes scared due to the presence of two guards and leaves the subway train without the bag. However, within twenty minutes of the incident, he immediately meets with the criminals and is claimed about that one hundred thousand Deutschmarks or else he will be killed. At that time Lola gives her assurance to do something for her boyfriend and determines to save Manni from the Ã¢â¬Å"die spiralÃ¢â¬ (Ebert, 1999; Wilson, n.d.). Director Tykwer has dramatically represented the