BUS 670 WEEK 1 DQ 2 Assignment Example | Topics and Well Written Essays - 250 words

BUS 670 WEEK 1 DQ 2 - Assignment Example In addition, independent businesses may benefit from it since when a business owner happens to pass on their business at death, the basis of the income tax will probably â€Å"step up† to the death value date. Moreover, an advantage is accrued because the entity owner’s family can freely sell it exclusive of capital gains. Further, there exists a possibility of the income tax basis being carried over in a situation where the owner provided the business to their family as a gift (Parrish). According to Gwen Seaquist in the book â€Å"Business Law for Managers† some of the benefits/merits that can accrue from capital gains lies in the fact that it provides a more favorable and encouraging federal tax rate of 20%. This includes both married and individual tax payers. A business’ capital gain gets reaped by the business in a K1 â€Å"pass-through† taxation form that normally is issued by LLC or an S corporation to transfer the profits to the individual owners rather than the company. Seaquist, however, as a drawback implies that since the investments exists on the company’s records or books, a more complex and detailed accounting may be needed. This could result to the delay of finances or tax returns of the company. Additionally, it becomes crucial for one to consult their accountant in order to consider how their sale’s timing may impact on their financial/tax processing. Parrish, Steve. â€Å"Zero To 60: What Business Owners Need To Know About Capital  Gains.† Forbes. 30Th January 2013. Web. 22nd January 2015.

Game theory about north Korea Research Paper Example | Topics and Well Written Essays - 3250 words

Game theory about north Korea - Research Paper Example With North Korea’s (DPRK) both allies, the Soviet Union and China, recognizing the ROK government, DPRK expected similar recognition from ROK’s allies, the US and Japan, which was not granted, thereby leaving DPRK the only remaining Stalinist regime with only China backing it. Diplomatically isolated and economically down, DPRK saw the necessity to engage with the US – the nuclear umbrella of South Korea (Kim, 1998, p. 12-13), by extraordinarily exploiting its nuclear issue to gain US attention and diplomatic engagement in the 1990s (Barry, 1998, p. 95; Kim, 1998, p. 12), as North Korea sees the US’s recognition of DPRK as an independent state strategic to improve North Korea’s diplomatic and economic external relations and to allow it to obtain trade, aid and investments it badly needed to subsist and progress, yet defying US values to get into the north (Barry, 1998, p. 106). If conventional wisdom maintains that today, deterrence is the sole legitimate purpose of having nuclear weapons (Dadley & Martin, 2009, par. 3), the possession of nuclear weapons in poor states such as Iraq, North Korea, Pakistan, India, and Israel on the other hand is being utilized to define and empower the state (Bracken, 2003, sec. 2, par. 4). For example, â€Å"North Korea seeks nuclear weapons as part of a philosophy of self-reliance and a search for respect† (Bracken, 2003, sec. 2, par. 7). Thus, for North Korea†¦ possession of nuclear weapons is a diplomatic tool for seeking direct negotiations with the US† (Haruki, 2006, sec. 2, par. 5). Having lost the nuclear umbrella, it must have decided that nuclear weapons would have to constitute the pillar of national defense. Nuclear weapons, which would be aimed at South Korea, were seen as indispensable to make up for the inability to maintain the balance in conventional weapons due to economic collapse. When North Korea blocked the International Atomic Energy Agency inspectors and then withdrew from the Nuclear