Writing a paper about yourself
Topics To Write A Problem Solution Term Paper On
Thursday, September 3, 2020
Business Information Analysis Structures - Policies and Needs
Question: Examine about the Business Information Analysis for Structures, Policies And Needs ? Answer: Presentation This report depends on the essential parts of business data examination. The paper centers around evaluating the works on with respect to characterizing the requirements for change, dissecting the comparing esteems to the partners of the authoritative business and eventually suggests proper arrangements. The central reason for playing out the business investigation exercises is to apply a specific arrangement of devices and innovations for understanding the necessary changes in the structure and approaches for the business to have the option to suggest the best possible arrangements with the goal that the association accomplishes its targets effectively. The report incorporates various proclamations dependent on the information assortment process completed for yielding important data from the respondents. The all out number of respondents is 109. The understudy respondents were posed inquiries regularly about the normal concerns and differentquestions about business data examination and pertinent elements that helps with revealing the angles lastly accomplishing the objectives and targets of the investigation. Explanations Lion's share of the understudies need upgrades in the nature of educating, get-togethers and class sizes of the University Justification It is valid as the significant part of the understudies including both male and female old enough gathering between 18 to 41 investigations bookkeeping account and business in the University. As most of understudies are concentrating in the referenced subjects so there is a requirement for bigger classes in the University.Majority of understudies considering Accounting and Finance and Business with Accounting who took the business data investigation test found the inclination to take an interest and experience diverse get-togethers to improve collaboration abilities, present recreational exercises and build up a brandishing soul inside the University. Examination The reactions to questions go from 1 (Highly deviate) and 5 (Highly concur). It is accepted that an understudy proposing 4 or 5 profoundly consents to the need of upgrades in the offices of the University.With the enormous number of understudies of business, money and bookkeeping contemplates, it is significant that the Universityfocus on improving the class estimates so increasingly number of understudies can be accommodatedeasily inside the study halls. Aside from that, the nature of instructing was another basic factor referenced by the understudies. Different components of concern were improvement of the different offices, presenting progressively number of get-togethers in the Universitys instructive condition. Most of the understudy respondents were male between the ages of 18 to 32 and undertaking business with bookkeeping and fund examines. When gotten some information about their likeliness of the test on business data examination, the majority of the reactions were either impartial or very likely. End and Recommendations The University has the most elevated number of understudies examining bookkeeping, money, and business with bookkeeping, and in this way, most understudies felt the need of bigger class estimates so more prominent number of understudies is suited without any problem. Aside from that, presenting get-togethers in a progressively visit premise will help making a great domain that will inspire the understudies considerably more. It basically helps support the understudies energies and set up beneficial ways for rewards and games. Moreover, it can encourage the understudies to improve and build their degree of connection with one another furnishing them with upgraded abilities to work together and arrange with their colleagues. Larger part of the understudies benefit University transport and open transportation to arrive at the University Reason This announcement is valid as out of the all out 109 understudies, 65 of the understudies profit the open vehicle or University transport to arrive at the University for their Study.Another huge part of the Universitygoers goes for a stroll or has a Car. Moreover, the individuals who remain close by for the most part stroll to the University and others use vehicles to arrive at their University. The greater part of the understudies go to the University talks and workshops four or five days per week. The recurrence of understudies visiting the library is likewise tolerably high. Around four or five understudies visit the library consistently. Others tolerably visit the library for study purposes. To be progressively exact, understudies as a rule go to the library, at least three to multiple times. Two of the understudy respondents explicitly answered with multiple times that they visit the library. Investigation The different inclinations for transportation was assembled structure the understudies to break down their decisions to arrive at the University.From the got outcomes and results of the data assortment process, it is obvious that understudies who live in close by spots to the University lean toward strolling to the University instead of taking the open vehicles or even the University transport. Unexpectedly, among the understudies who as a rule remain at faraway or far off areas from the University, for the most part pick the open vehicle to go to the University. In addition, a huge segment of the understudy populace additionally benefit their own vehicles to go to the University addresses. End and Recommendations From the above results and examination of the outcomes, it tends to be said that the understudies generally incline toward the open vehicle to go to University. Notwithstanding, understudies living very nearer to the University want to go to the University by walking. Aside from that, a large portion of the understudies visit the library just about four to five days every week. Around five understudies every day go to the library to consider. Along these lines, it tends to be reasoned that the University library involves a significant commitment towards the instructive enhancements of the understudies. The understudies were likewise gotten some information about the recurrence in which they go to the various workshops and talks held at the University premises. The investigation from the results passes on that a huge bit of the respondents populace goes to the talks and workshops for four days per week. A less number of understudies answered with three days and a minority replied with five days. On getting some information about the time that it takes to arrive at the University, dominant part of understudies reacted with around 5 to 10 minutes by strolling; while, those profiting open vehicle for the most part originate from removed areas, in this manner needs substantially more an ideal opportunity to arrive at the goal. The majority of the understudies know about online networking and oftentimes visits University bistro or eateries Method of reasoning The visit to University eateries or bistros are to some degree identified with web-based social networking as larger part of the understudies like to invest their energy in internet based life while sitting in the University cafes.This proclamation is genuine asmajority of the understudies routinely utilize the long range informal communication and web based life administrations for more than 20 to 30 hours out of every week sitting in the University bistros or cafés. The reactions incorporate two females of 19years old enough seeking after business and bookkeeping course who go through around 80 hours in the online life and long range interpersonal communication destinations. The vast majority of the understudies communicate in around three dialects, a huge part talks around two to five dialects, one 24 years of age female talks a sum of seven dialects examines bookkeeping and money from theUniversity. Investigation The reaction to the inquiries with respect to how regularly the understudies visit to University bistro or cafés go from 0 (Not by any means) to 10 (Most likely).According to the gathered reactions got from the understudies of the University, it very well may be said that most of the populace reasonably visits the University cafeteria and eateries (around multiple times in seven days). Then again, another noteworthy part of the University goers eats from the University bistros about two times every week. An insignificant or minor number of individuals practically every day profit the food administrations from the University cafés and bistros. During the term time, around 67 understudies out of the absolute 109 respondents remain at home. Another gathering of understudies utilizes either the University convenience administrations or private settlement. End and Recommendations By breaking down the results and results got from the respondents, it very well may be presumed that most of understudies remain at home during the term time. Others profit the University convenience or the private settlement during the term times. The University eateries and bistros do direct business during the weekdays. It very well may be advantageous for the University business in the event that they improve the items and administrations of the University caf and eatery, present new appealing food menu things and set up quicker and proficient offices and administrations. Clearly, lion's share of the understudy bunches communicate in numerous dialects and invests critical measure of energy in the online internet based life and systems administration destinations. The significant number of understudies are happy with their course Method of reasoning It is valid as dominant part of the understudies reacted to be tolerably happy with their courses. Huge numbers of the understudies are bound to utilize the administrations of the University transport to arrive at their goal. Part of the understudy respondents spends very huge measure of cash on normal at lunch. The most elevated number of understudies has English as their first language. Aside from that, numerous different understudies have first dialects, for example, French, Malayalam, Nepalese, Urdu, Farsi, Somali, Hindi, Kurdish, Norwegian, Tamil, Bengali, Albanian, Italian, etc. Examination The reaction of the inquiries go from 1 (Not Satisfied) to 5 (Highly Satisfied). It is expected that an understudy reacting with 4 or 5 is exceptionally happy with their course. The significant part of the understudies introduced 3 that implies they are reasonably happy with their courses and subsequently this announcement can be accepted.The understudies generally originate from an English foundation that is respectably happy with the current courses that ar
Saturday, August 22, 2020
Best Term Paper Reviews - How to Do It
Best Term Paper Reviews - How to Do ItAlthough there are a few different ways to do term paper reviews, one method has become the most popular. Basically, term paper reviews are a way for you to use the term paper that you are reviewing for term papers. This process can be done on your own, or with the help of an online term paper reviewing service.The first step to doing this is to sign up with an online review service. There are a variety of services available that will do this. Some of these are free to use while others may cost you a small fee. The most important thing to note when looking for a review service is to make sure that they allow you to use their service for free.When you find a service that you feel will work for you, fill out the review and submit it. There are a number of reviewers that are willing to do this for you and only charge you if they like what they find.Once your term paper has been accepted, it is time to begin the process of doing term paper reviews. O f course, once you have your review done, it's important to write it well so that it will stand out from all the other ones.This is something that you may need some help with. You may want to use the terms in your research but then you need to focus on writing the good parts of your assignment. Remember, the best term paper review is when the key points that you include in the review are strong and provide useful information.One last thing to consider is that it may take some hard work in order to keep your review up to date. You may need to review the same section over again or you may need to make sure that the formatting is always the same so that the reader can get the most out of the review.In order to do this, you should consider using two or three different reviewers for each term paper review. If you just have one reviewer that keeps coming back to the same review each time, you are sure to have trouble keeping the review up to date.So remember that if you want to learn how to do a good term paper review, you can start by signing up for a review service. After you have done this, you may find that this is the easiest method for you to keep your review up to date.
Friday, August 21, 2020
Metallgesellschaft Case Study Example | Topics and Well Written Essays - 1000 words
Metallgesellschaft - Case Study Example MGRM's Supervisory Board kept away from insolvency by exchanging its forward conveyance positions in December 1993. MGRM had started to encounter critical development since 1989 when it obtained 49% stake in Caste Energy as a feature of its endeavors to turn into a completely coordinated oil business in the United States. As MGRM kept on making a progression of expensive developments, its fixed-resources esteems significantly increased somewhere in the range of 1989 and 1991. In a proceeding with exertion to extend its US business, MGRM entered in to advance conveyance contracts with Energy end-clients at noteworthy low costs throughout the mid year of 1993. In any case, these agreements presented MGRM to the danger of rising vitality costs. To fence this value hazard, MGRM gained vitality fates at NYMEX and went into OTC trades with enormous OTC trade sellers. In any case, since future markets don't exchange long haul (10 years for this situation), MGRM's technique was to think its subsidiaries positions in stacks or short-dated prospects. So also the trades must be moved forward constantly. MGRM's procedure presented it to different dangers. Its short-dated positions left it presented to rollover chance. In the event that the costs had risen, MGRM would have made generous benefits. Furthermore, the inverse was valid if there should arise an occurrence of the costs falling. Anyway generally, vitality costs have consistently indicated an upward pattern. Over a time of ten years preceding 1993, the vitality advertise had been dominatingly in backwardation. MGRM was wagering on Energy costs proceeding to rise. Be that as it may, as appeared by Edwards and Canter, its rollover chance was uniquely about 15% of its value chance. Had the market been in backwardation, MGRM would have made attractive benefits. Be that as it may, in 1993, unrefined petroleum was in contango consistently, warming oil was in contango consistently aside from March and April and gas was in contango consistently with the exception of August. Accordingly, MGRM made significant rollover misfortunes durin g 1993. MGRM was likewise presented to subsidizing hazard since its system was that of balanced support rather than a base change fence. This methodology would have worked had there been a balanced connection among forward and spot vitality costs. All things considered, a fall in the spot costs would have been adjusted by an equivalent and inverse change in the estimation of its forward conveyance contracts. In any case, as appeared by Edwards and Canter, a balanced connection among spot and forward costs doesn't exist in the vitality advertise. MGRM was additionally presented to credit hazard because of the long span of its forward-flexibly contracts. What's more, when the costs began to fall, this hazard additionally expanded similarly as with the expanded difference in spot and legally fixed cost, the danger of the littler firms defaulting likewise expanded. At long last, MGRM was likewise presented to premise hazard because of the balanced fence proportion. The planning of the interest in subordinates likewise conflicted with MGRM. As expressed over, 1993 end up being appalling year with vitality advertise in contango for most piece of the year. The enormous size of MGRM's rollover exchange was additionally answerable for expanding these dangers. MGRM's colossal possessions, proportionate to 160 million barrels, implied that different firms would have taken a gander at MGRM before making any strides. The size of MGRM's rollover exchange could have likewise been in a roundabout way answerable at pushing down vitality costs. Supporting or Speculating There is some discussion about whether MGRM's methodology was supporting or hypothesis. Culp and
Thursday, June 11, 2020
Leadership and Professional Management - Trait Theory - 2750 Words
Leadership and Professional Management - Trait Theory (Coursework Sample) Content: Leadership and Professional Management - Trait TheorySabrina AfrinB00297060Table of ContentIntroduction....3a) Definition of the Trait Theory....302 b) Importance of the Trait Theory........................................................................................6 02 c) How does the Trait Theory Work.............................................................................7 02 d) Strengths and Weaknesses of the Trait Theory...........................................................11 02 e) Applicability of the Trait Theory to Leadership Theories..............................................13 03 Conclusion......................................................................................................................14 References....................................................1501. IntroductionLeadership theories gained more prominence towards the early part of the twentieth century, although it is believed to be one of the first fundamental theori es of leadership. Current theories however, are based on skills of the leaders and as such a number of leadership theories were developed with different features and qualities. These new theories include behavioural theories, contingency theories, trait theories, relationship theories. Leadership can be defined as the act of leading a group of people and guiding them towards a common goal. For instance, leadership is when a senior person/manager guides and encourages his/her subordinates to carry out work with confidence and passion, thus successfully achieving pre-determined goals. This assignment will focus primarily on the Trait Theory of Leadership. It will present an in-depth analysis on the trait theory encompassing the development of this theory and how the theory can be applied to modern leadership methods. The analysis will also include the importance of trait theory and the strengths and weaknesses of this theory of leadership.02 (a) Definition of the Trait TheoryThe tra it theory was one of the first systematic studies carried out on leadership in 20th century and was carried out to identify the reasons why some people turned out to be great leaders while some people failed at guiding people. These theories were developed based on the studies of great leaders such as Catherine the Great, Mohandas Gandhi and Abraham Lincoln. The trait theory is based upon the great man theory - which was founded by Thomas Carlyle which aims at explaining the impact of great men with certain personality characteristics. The key assumption of this theory is that people particularly males emerge as leaders in the presence of a great need. Thomas Carlyles book titled On Heroes and Hero Worship and the Heroic in History in 1841 highlighted leaders and heroes as kings, prophets and divinity and referred to such leaders as profitable company and the living light-fountain which is good and pleasant to be near. The trait theory of leadership arose with the characteristics of the leaders highly distinguished from characteristics of non-leaders. Accordingly, this theory is based on the belief that great leaders are born that way rather than developing leadership skills amid learning and experience. Trait theory therefore, suggests a significant positive correlation between leadership opinions and intelligence and dominance. Five key features which can be identified in trait theory leadership include i) diligence, ii) thoughtfulness, iii) extraversion, iv) neuroticism and v) directness (Ralph 2004).Characteristics of both successful and unsuccessful leaders were used developed the theory and used to forecast the leadership effectiveness. The trait theory believes that certain personal characteristics and skills influence leadership effectiveness in different situations. Characteristics of leadership meanwhile, can be categorised in to three main groups, i) personality traits, ii) motive traits and iii) intellectual traits (Gerald 2010). For instance, p ersonality traits can be classified as general personality traits and task-related traits. General personality traits include self-confidence, trustworthiness, extroversion, assertiveness, emotional stability, enthusiasm, sense of humour and a high tolerance level. A good leader should ideally be able to maintain confidence and self-assurance amid challenging situations in order to motivate and guide subordinates. A successful leader should also be able to build and maintain good relationships with other team members while also being approachable and easy to talk to regarding worker problems. Task-related traits meanwhile, are linked to task activities and include the desire to work, dealing with people, emotional intelligence, flexibility and adaptability, internal controls and courage. The desire to work can be defined as the willingness to achieve the overall company goal and in order to achieve this a leader has to know how to diplomatically deal with people effectively.Early st udies on traits were mainly conducted on people who were viewed to be great natural leaders with these studies aimed at identifying certain personality traits, physical characteristics and abilities. Research studies on traits have been around for more than 50 years, initiated firstly by Binet and Simon and concluded in 1948 with Ralph Stogdill. Stogdill however, completed two extensive and comprehensive research surveys by analysing over 200 studies on the trait approach and consolidating his findings from these studies. Criticism against the trait theory however, existed and increased over the years as the trait theory evolved. One key criticism against this theory was that it focused too heavily on traits and not enough on the situation at hand. Stogdill concurred with this criticism claiming that people do not become leaders due to possession of certain traits, but rather due to a combination of variables such as characteristics and goals of the followers. Situational research o n the trait theory however, focused rather heavily on the situation and lacked analysis of traits leading to a revival of the trait theory following many years of being overlooked. Accordingly, Charnorro-Premuzic (2007) wrote that despite the historic and out dated nature of the Great Man theories of leadership, the trait theory approached has outplayed and outlived the recent emergence of situational theories. As such, Charnorro-Premuzic stated that trait theories have seen a revival since the 1990s. Despite its wide research base, there has been significant debate over the exact structure of universal traits that govern the trait theory and many researchers have failed to reach a unanimous conclusion on a trait structure. For example, Kirkpatrick and Locke (1991) claim that there are six key traits that set natural leaders apart from non-leaders and these include i) desire to lead, ii) integrity, iii) drive, iv) business knowledge, v) cognitive ability and vi) self-confidence. Con trary to this belief, House and Aditya (1997) state just four driving factors which include adjustment, prosocial motivation, achievement motivation and self-confidence. Adding to this argument, Mann (1959) believed the universal trait structure consisted of dominance, masculinity, adjustment, extroversion and conservatism.02 (b) Importance of the Trait Theory in Understanding Leadership A gamut of research studies have been carried out on the Trait theory over the past few decades and most of these studies have concluded that trait theories are an integral and supportive component of modern leadership theories. Further, current leaders and potential leaders can evaluate their performance as a leader by using the traits list given by the theory. As such, these leaders are able to amend and improve their leadership skills by studying the trait theory. They are able to study the advantages and disadvantages of the trait theory and given traits in the leadership settings. Therefore, th is theory can be helpful to the people who struggle at effective leadership or aim at improving their current performance as leaders. (Matthew 2009).Charnozaa-Premuzic meanwhile, believed that the trait approach was revived largely due to its universal applicability to modern day situation and leaders. Some of the universal traits seen in present day leaders are known as the Big Five personality traits and include i) conscientiousness, ii) introversion/extroversion, iii agreeableness, iv) openness to experience and v) emotional stability. Various studies were consequently conducted on these Big Five personality traits while applied to certain workplaces. Sashkin (2003) conducted one such study where the Big Five personality traits were compared to McCall and Lombardos Derailing Factors. Sashkin concluded that while successful leadership does not necessarily require possessing and executing certain traits, failing to lead a group a people is largely due to a lack of one or more key t raits.Another main reason for the positive revival of the trait theory approach is due to its support from present day research into genes and hereditary. Extensive scientific research on genes present more reason to believe that great leaders are born with these traits as a part of their personali...
Sunday, May 17, 2020
The Slave Next Door Human Trafficking in out Backyard
Most Americans when they hear about the crime of human trafficking they automatically refer it to sex exploitation by big time gang organizations. Sexual exploitation is a big chunk of the trafficking problem in America but in reading the book The Slave Next Door you can see that there are different types of work for human trafficking. One of the unique and underrated types of trafficking is in the type of domestic slavery. This type of trafficking is not as popular for gangs and other trafficking organizations because it is more along the lines of saving money than making money. The story in The Slave Next Door of Ruth the 52 year old West-African woman who now lives in Washington D.C. and is a slave to a family; her chores are long andâ⬠¦show more contentâ⬠¦Scamming these victims by promising them a better life and telling them this job will be a great opportunity is another way the traffickers pull women into their business; this act of fraud seems to be the biggest way tr affickers are able to get their victims to come work for them. The last way to get women to fall prey to their business is coercing them into it. The victims who enter these types of jobs are often told they have a debt that must be paid off and while they are there working for these people the debt continues to raise because of the money the owners use to feed, transport or give them security. Even though these fake businesses are taking place in the United States it does not mean that the workers being forced to stay there are American citizens; most of the time they are immigrants. since the workers sometimes are immigrants that gives another advantage for the traffickers and business owners to use against the victim, telling them that if they do not work for them then they will be shipped back to their country where they will then again have to struggle for work. Another big human trafficking spot in America is at truck stops throughout the entire country. You are able to point out girls that are being forced to give out sexual favors at truck stops by the unique characteristics they portray. A unique trait used in sexual exploitation at truck stops in particular is the way that it isShow MoreRelatedThe, Human Trafficking, And The Saga Of 53 Indian Nationals1375 Words à |à 6 PagesSlave like conditions - Many victims are forced to live in deplorable conditions; becoming malnourished from lack of proper nutrients/unhealthy diet. â⬠¢ ââ¬Å"Nair remembered: When I first saw the dormitory, I felt bad. It was not at all what I had expectedâ⬠¦In the dormitory, I saw bunk beds tightly packed togetherâ⬠¦it had two toilets and two urinalsâ⬠¦there were four showersâ⬠¦.we were told not to go anywhere or leave the dormitoryâ⬠¦most of us had to stand or sit on the floor while we ate.â⬠Footnote: MichaelRead MoreHuman Trafficking: It Happens Here, Its Happening Now3206 Words à |à 13 PagesHuman Trafficking, it happens here, itââ¬â¢s happening now. Imagine a young girl whose family is struggling and unable to provide her with a good education and a woman arrives and offers this young girl a job and a chance to attend school. Since this opportunity is unlikely to be offered at another time, the girl accepts the offer. When this young girl arrives in this supposed ââ¬Å"opportunity of a lifetimeâ⬠it is a living nightmare. The story youââ¬â¢ve just pictured is true in the case of 12 year old Maria
Wednesday, May 6, 2020
Heinrich Himmler s Speech On The Holocaust - 943 Words
Heinrich Himmler was born on October 7, 1900, in Munich, Germany where he grew up to become the second most powerful man in the third Reich. His cause of fame was due to his control over the SS and Gestapo, as well as his jurisdiction concerning the holocaust. Himmler was given control of the SS, also known as the Nazi Party in 1929. Since he had authority, he began to expand his influence across Europe. In the late summer of 1941, Himmler got the approval to organize a mass murder among the Jewish people. With inspiration of exterminating the Jews, Himmler delivered a speech to SS officers in Poznan, October 4, 1943. This speech elaborated about his beliefs and order of conquered people. This speech motivated the Schutzstaffel to kill approximately eleven million people. (Salem Press Biographical Encyclopedia, Heinrich Himmler) Himmler announced his speech in German. Inconveniently, I canââ¬â¢t understand German, however, this article accurately translates Himmlerââ¬â¢s speech from German to English. My source is are from original documents on the holocaust, found in Trial of War Criminals Before the Nurnberg Military Tribunals ââ¬â Washington, U.S Govt. Print. Off., 1949-1953, Vol. XII, p.232, and Himmler, Reichsfuehrer SS-P. The purpose of this source was to manipulate people into thinking that Jews were an inferior race and a threat to German policies. The historical context, in which the speech was announced, was told during World War II, and the holocaust. World War IIShow MoreRelatedHy3 Personal Sources Pack1122 Words à |à 5 Pagesââ¬ËPersonal sources packââ¬â¢ Assignment title ââ¬ËThe Holocaust was the result of Hitlerââ¬â¢s long-held grand design to pursue a programme of annihilation against the Jews.ââ¬â¢ Pack Created by: Ryan Buckle Attributions in normal text and sources are in boxes with italic writing. History HY3 sources Intentionalist Document 9 Speech delivered by Hitler in Salzburg, 7 or 8 August 1920. (NSDAP meeting) Source: D Irving, The War Path: Hitler s Germany 1933-1939. Papermac, 1978, p.xxi The followingRead MoreAnalysis Of David Irving s Hitler s War Essay1508 Words à |à 7 PagesThese actions of subverting the authority of science and academia is where the Holocaust revisionists come into the picture. Many of the most prominent revisionists derive their authority from their title as historians. Perhaps the most famous of these people is David Irving. David Irving was a renowned historian in his knowledge of Nazi Germany. He published multiple books that were incredibly detailed looks into World War II. Of his works, he is well known for Hitlerââ¬â¢s War, The Destruction of DresdenRead MoreThe Holocaust - Hidden Under Conspiracy, Doubt, And Denial2563 Words à |à 11 PagesHidden under conspiracy, doubt, and denial, the truth of what really happened during the Holocaust has been revealed through an immense amount of investigation and research. Nazis were essentially ordered to exterminate Jewish existence from the face of the earth, and created an aim to fi nish off the Jews in Europe by either gassing, shooting, or even starving them to death. There have been claims from deniers that these stories were only conspiracy theories made by the Jews to justify their atrociousRead MoreThe Holocaust Essay example2625 Words à |à 11 PagesNations. What made the leaders of the 41 States create and sign this document in which the term Genocide was legally defined? This document serves as a permanent reminder of the actions made by the Nazis and their leader Adolf Hitler during the Holocaust where more than five million of European Jews were killed. In summary I will explain what were the events that leaded the ordinary Germans kill more than six million Jews in less than five years. To achieve this goal, I will base my arguments onRead MoreGetting New Jeans Three Weeks Ago1905 Words à |à 8 Pagesassigned readings about the Holocaust. Then a wave of guilt overcame me and slapped me in the face. Why would I allow myself such luxuries while I read about such a horrific event? I felt disrespectful just thinking of having the ability to sit in the comfort of my own home, make delicious, abundant food, drink a beer, read on my comfortable cushioned couch and heated house while I spend hundreds of thousands of dollars to receive an art education and take a class about the Holocaust. It was from that pointRead MoreThe Trials During The Second World War1752 Words à |à 8 Pagesthe Soviet Union and the indictments were divided into three major sections: Crimes against peace, humanity and War crimes (ââ¬Å"JURISDICTION AND GENERAL PRINCIPLESâ⬠6). Ultimately, ten war criminals were sentenced to death, excluding Adolf Hitler, Heinrich Himmler, and Joseph Goebbels, who had committed suicide before the trials. Julius Streicher, who was notable as the founder and editor of an anti-semitic German newspaper, ââ¬Å"Der Stà ¼rmerâ⬠, was accused of committing crimes against both peace and humanity;Read MoreThe Perpetrators : Killers, Victims, Or Both?2367 Words à |à 10 Pagesmass genocide came to be known as the Holocaust (a Greek-origin word meaning ââ¬Å"sacrifice by fireâ⬠), the Naziââ¬â¢s Final Solution for the total annihilation of anyone deemed inferior to the Aryan race, including gypsies, homosexuals, and Slavic groups, but most of all, the Jewish people. From 1938-1945 during World War II, before Allied Powers intervened, 10 million victims were murdered; 6 million of those were Jews (ââ¬Å"Holocaustâ⬠). Another huge outcome of the Holocaust were a set of criminal trials calledRead MoreThe German Government3882 Words à |à 16 Pagesnot have surfaced, and the Nazi party itself would have crumbled under the pressure it faced while battling with America and numerous other powerhouses during World War II. The eventual ideas and concepts that come into existence during the early 1900ââ¬â¢s were underlying, unconscious feelings of a group of people who lived their lives base d on the morals and thoughts of the generations that came before them, and were scared to voice their own opinions in many cases, or even think for themselves, and seemedRead MoreThe Effectiveness Of Nazi Propaganda3046 Words à |à 13 Pagesnew image building phenomena and prove its use built the man into a myth of sorts. The effectiveness of Nazi propaganda was greater than anyone could have anticipated because Hitler s regime constructed a language of the people using logical fallacies to win the hearts and minds of the German populace. In Hitler s speeches he would state three or four bullet points that the average citizen knew to be true, then couple those bullet points with his own agenda. His lies, therefore, became truthful
Australian Tax Office Has Issued Various â⬠Myassignmenthelp.Com
Question: Explain on Australian Tax Office Has Issued Various? Answer: Introduction The Australian tax office has issued various rulings and drafts determining the tax consequences for using Bit coins. These guidelines are useful because it provides an in-depth analysis of digital currency and consider the tax consequences of using Bit coins. The ATO is of the opinion that Bit coin is not a foreign currency or money. The ATO considers Bit coin as a property. Bit coin is a digital currency and is protected by cryptography. The operation and effectiveness of the bit coins depends on the network of users online. It is regarded as soft cash and by virtue of programming strength; it can be used for dealing anonymously (Emery 2016). It is seen that increasing business in Australia and other countries of the world are using Bit coins as a legitimate mode of transactions. Therefore, it is important for the taxation authorities to determine appropriate rulings and transactions for dealing with transactions using Bit coins. Bit coin as a CGT assets The Australian Tax Office in the Taxation Determination 2014/26 states that for the purpose of subsection 108-5(1) of the Income Tax Assessment Act 1997 Bit coin is considered as a capital gain tax asset. The section 108-5(1) defines CGT assets as the property of any kind or right of any kind that is not property (Hassan 2016). The definition of the property is considered by the Australian tax office as held in the High Court decision of Yanner v. Eaton. In this case, it was accepted by the high Court the property does not refers to a thing but a legal relationship with a thing. In the Para 7 of the ruling it is stated that there are not a single test but multiple test for identifying whether set of legal relationship should be regarded as a property. The following factors are considered by ATO in determining whether Bit coins are property: The controlling right over Bit coins in the Bit coin wallets. In a number of communities, bit coins are treated as valuable and transferable property. The Bit coins are exclusive in nature because private keys that are in possession of the person protect the wallets. The above discussion shows that Bit coins are decentralized in nature. Therefore, Australian Tax Office is of the opinion that bit coins should be regarded as property as it fulfill the definition of property given under statue. This decision of the Australian tax office have the capital gain tax consequences that is explained later in the report (Dysart 2014). Bit Coin as a foreign currency The Australian tax office has considered whether Bit coin should be regarded as foreign currency under the Tax Determination 2014/25. The ruling held that for the purpose of Division 775 of the Income Tax Assessment Act 1997 the bit coins should not be regarded as foreign currency. The ATO initially considered whether Bit coin should be considered as money as per general law. The money is referred to as a store of value and unit of account. It can be seen that the bit coin satisfies the meaning of money (Wicht 2017). However, the Commissioner did not find it sufficient that the bit coins should be treated as money. The main reason provided by the commissioner is that it is mainly or accepted by particular communities and the use is not wide spread. In addition to this, the Bit coins are mainly used for making payments or discharging debts. The ATO considered the meaning of foreign currency with regard to Income Tax Assessment Act 1997. The section 995-1 of the Income Tax Act 1997 states that a currency that is not an Australian currency is known as foreign currency. In the Currency Act 1965, the currency is considered as the only legal form of monetary transaction in Australia. The statue requires that the law of other country should recognize the foreign currency so that it can be considered, as legal tender (Litwack 2015). Therefore, it can be said that as no foreign nation recognizes bit coin as foreign countries so the commissioner held that it should not be considered as a foreign currency for the purpose of Income Tax Assessment Act 1997. Bit Coin as a money The ATO has published rulings under the Income Tax Assessment Act and the ruling under Goods and services tax (GSTR 2014/D3) for determining whether Bit coin should be regarded as money in the New Tax System (Goods and services Tax) Act 1999. It is an important consideration because the supply of money is exempted from the meaning of supply for consideration on which the goods and services Tax is payable (Hampton 2015). In section 195-1 of the Goods and Services Tax Act, the term money includes: Currency of Australia and other countries; The bill of exchange and promissory notes; The negotiable instrument that is circulated as currency; Money Orders and postal notes; Payments made by the debit card, credit card or through transfer of debt. The analysis shows that Bit coin has not satisfied any of the above requirements and does not fall under any of the meaning provided in the above paragraphs. Therefore, it was held that Bit coin cannot be considered as money and the supply of bit coins cannot be regarded as financial supply for the purpose of goods and services Tax Act. Tax Implications CGT The ruling discussed above shows that under Income Tax Assessment Act 1997 the Bit coins are regarded as property. The Bit coins are considered as capital gain tax assets so transaction in bit coins will give rise to CGT event. It is significant because it has been seen that historically the price of Bit coins have fluctuated widely. Therefore, on disposal of Bit coins if it is sold at a price above the price at which it was purchased the gain will be regarded as capital gain for the purpose of tax (Tu and Meredith 2014). Then in that case capital gain Tax is payable on disposal of Bit coins. On analysis, it can be seen that the above view of the commission will not affect the individual users of he Bit coins. The bit coins that are used for purchasing services and goods for personal use is exempted from the capital gain tax under the personal exemption provided under the Income Tax Assessment Act 1997. It should be noted that the exemption is applicable unless the value exceeds the threshold limit of $10000. GST The determination of GST consequences for the transaction in bit coins are more complicated. As per the rulings, the supply of bit coins is a taxable supply and is subject to goods and services tax. The GST act provides exemption for supply of money from the meaning of the taxable supply. The discussion above shows that the Bit coins are not considered as money hence the supply of Bit coins will be treated as a barter transaction (Lambert 2015). Therefore, it will be regarded as a taxable supply under the Goods and services Tax. The ruling is not clear about the operation of Good and Services Tax and the availability of input tax credit on transactions made using bit coins. The actual impact of imposing goods and services tax on the supply of Bit coins is often taken as to be nil. In the opinion of Australian Tax Office, it does not expect to experience significant increase in revenue due to imposition of good and services tax on transactions using bit coins. However the administrati ve complexity associated with monitoring business transactions conducted using Bit coins are high. The increased complexity of monitoring the transaction has increased the cost of administration. Therefore, it can be said that the benefit of imposing GST on the transaction using bit coins is much less, than the associated costs (Neslund 2014). The law provides that individual purchasing good and supplies using bit coins will not be subject to good and services tax. It should be noted that the persons or company that are registered under GST is required to pay GST on the supply. That means if an individual purchase a computer from a retailer using Bit coins then this will not be subject to good and services tax. On the other hand, if a GST registered business or an individual purchases computer from the same retailer using bit coins then it will be regarded as a taxable supply and subject to good and services tax. This increases the complexity and confusion among the taxpayer about t he impetrations (Descteaux 2014). FBT and Trading stock The Australian tax office has stated that if an employer supplies bit coins to employee is then it will be regarded as fringe benefit. In this case, the fringe benefit tax will be applicable (Chodorow 2016). The Australian tax office states that if an individual or business holds bit coin for the purpose of resale then the bit coins should be considered as " trading stocks" as per section 70-10(1) of the income tax assessment act 1997. Conclusion Based on the above discussion it can be said that the popularity of bit coins is increasing in Australia and hence the tax complexity is also rising. The conclusion that can be drawn from the above discussion is that bit coins are property for the purpose of capital gain tax. The supply of bit coins are taxable supply as per good and services tax. In addition to this if an employer provides employees bit coins then it is a taxable fringe benefit. Reference Chodorow, A., 2016. Bitcoin and the Definition of Foreign Currency. Descteaux, D., 2014. How should Bitcoin be regulated.Economic Note, Montreal Economic Insitute. Dysart, J., 2014. Tips: Decrypting crypto-currency.Plumbing Connection, (Summer 2014), p.96. Emery, J., 2016. Decoding the Regulatory Enigma: How Australian Regulators Should Respond to the Tax Challenges Presented by Bitcoin. Hampton, S., 2015. Undermining Bitcoin.Wash. JL Tech. Arts,11, p.331. Hassan, M., 2016. Global Tax news.TAXtalk,2016(57), pp.14-17. Lambert, E.E., 2015. The Internal Revenue Service and Bitcoin: A Taxing Relationship.Va. Tax Rev.,35, p.88. Litwack, S., 2015. Bitcoin: Currency or Fool's Gold: A Comparative Analysis of the Legal Classification of Bitcoin.Temp. Int'l Comp. LJ,29, p.309. Neslund, N., 2014. A Bit About Bitcoin.Sinteza 2014-Impact of the Internet on Business Activities in Serbia and Worldwide, pp.1-7. Swartz, N.D., 2014. Bursting the Bitcoin bubble: The case to regulate digital currency as a security or commodity.Tul. J. Tech. Intell. Prop.,17, p.319. Tu, K.V. and Meredith, M.W., 2014. Rethinking virtual currency regulation in the Bitcoin age. Wicht, M.S., 2017. The tax implications of Bitcoin in South Africa.
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