Difference Between the Tax System - the United States vs Italy Case Study

Difference Between the Tax System - the United States vs Italy - Case Study Example The author notes that the assumption by the revenue authority is true as organizations understate their revenues in readiness for bargaining with the tax authority in the actual tax payable. The aim of the approach is to earn more tax from taxpayers, than the amount that the taxpayers would pay based on their returns. The approach has further been integrated in Italy’s corporate culture such that organizations would underestimate their income, while filing tax returns, in order to gain ground for negotiating the final payable amount (Brooks and Dunn, 2009). The revenue authority also expects higher tax payments than organizations’ reported values and final payable values establish benchmarks for future tax payable amounts. This approach, according to the writer, works well with Italian firms or foreign firms that can adjust to the Italian practice. Those that are rigid to follow legal and moral provisions of their native countries, however, find it hard to cope with tax demand in Italy. The author also notes that the revenue authority is willing to intimidate taxpayers to adjust to the system and embrace the negotiation approach. The example of an American general manager explains this as he receives intimidating notices following his failure to embrace the negotiation approach. When he finally visits the revenue authority’s office, they inform him of the need for dialogue (Brooks and Dunn, 2009). I agree with the writer’s proposition that the Italian culture of tax collection is different from approaches in jurisdictions, such as in the United States, and that such differences are likely to create challenges to stakeholders from the other jurisdictions. The existence of differences in other aspects of culture across nations informs my support for the author’s proposition. While some cultures value collectivism, other value individualism. Similarly, while culture in some nations allows for informal appreciations during or after contract formations, other cultures may consider such advances immoral.  

Tsotsi Assignment Example | Topics and Well Written Essays - 250 words

Tsotsi - Assignment Example At a young age, Tsotsi ran away from home because his mother was bedridden and dying, and his father was an alcoholic. His father even crippled the only friend and playmate he had ever known – his dog. He did not finish his studies because he had nobody to support him; he did not have much family values because he had to fend for himself at a young age. He lived on the streets and it was there that he learned how to survive. Thus his life of violence began, which resulted to his low regard for the value of life. On a mid-level, the social issues which affected the community in this movie were: poverty, violence, gangs, crime and guns. The movie depicted numerous signs of poverty especially in the community where Tsotsi lived. The small houses built side by side, the tiny, winding passageways, the shanties and unpaved roads are all indications of the destitution in the locality. The presence of gangs or groups which perpetrated criminal activities was high and this meant much violence, the use of guns, and merciless killings. At first, Tsotsi embodied everything which pertained to gangsters. Later on, however, when the baby came along and he experienced taking care of the child, it gave him a learning experience which transformed him into a different person altogether. The social issues affecting the nation at a macro-level are also reflected in this movie, which are as follows: juvenile delinquency, crime, class struggle, income and poverty. Young children on the streets who are left to survive on their own without sufficient nutrition, appropriate education and proper guidance will most likely result to juvenile delinquency in the near future. Poverty and income in Africa are connected too since there are very few income opportunities, hence the prevalence of poverty. Without any decent source of income, the poor become desperate in their struggle to survive, and while some still