Business law International Essay Example | Topics and Well Written Essays - 2000 words

Business law International - Essay Example ies, France, UK and the United States who are planning to start a business in a tax haven would have to confront several issues that go along with international taxation, most especially the OECD proposals, an organization their countries are member States. Despite the fact that individual country has its unique Taxation System, all countries are bound to act in conformity with generally accepted International rules for taxing multinational companies and their citizens when they earn some amount of incomes from overseas. Hence, the rules highlighted below hold true for all international transactions currently undertaken among nations across the globe. 2 (a) Jurisdiction for taxation: The very first step in international taxation is the determination of which place or locality is eligible or has the rights to lay claims to the taxes payable by a company. There are some descriptions that could fit how a company’s jurisdiction may be determined. The first description defines a jurisdiction as the place or location where a company is legally registered or incorporated. Even though a business owner lives in France or UK or the US, but registers his/her company in, say Bahamas, the company’s jurisdiction, according to the definition above, is Bahamas. However, it is sometimes confusing to determine which jurisdiction to apportion to a company that is totally floated online: for example, the ICT companies. In this circumstance, a company’s jurisdiction may be said to be where the company’s main economic activities take place. In other words, the company’s jurisdiction would be where its majority of bus iness operations occur; like purchasing, marketing, shipping, selling and other business activities. For example, a seller on Ebay buys advertises and sells Chinese products in the United States has the US as its jurisdiction. The theory of jurisdiction then supports the fact that a multinational company or enterprise owes its taxes to all the jurisdictions where

Political Science Coursework Example | Topics and Well Written Essays - 250 words

Political Science - Coursework Example Thus, denying the social media its freedom to air the content that is suitable for the public. The same applies to the content a person can upload on the internet since it will be monitored by the government and hence one is limited on the type and amount of content to share. Also, crucial information regarding the government is likely to be hidden from the public leading to people living in darkness. I agree with Shirky that both SOPA and PIPA are forms of censorship. This is because the government is in verge of monitoring everything being distributed which in turns denies the social media the freedom it deserves in running its business. Besides, it is an infringement of freedom of speech to American citizens since one cannot air their thoughts freely (Shirky, 2012). The media companies would want such bills passed into law for two reasons. First, they will have the freedom to produce and share their content freely. Secondly, it is not the government that will police their material and thus they will not be directly answerable to any violation that they make. Thus, the signing of the bill will affect the companies providing a way for media houses to create, produce and share their content. On the other hand, rejection of the bill will impact directly on media houses since they will have to directly answer to any violation. Either way, someone is going to be directly affected by the bill if signed or not