Question;CC 307 WK 7 Assignment 1 - Avoiding Taxes;Efforts to avoid paying income taxes have been publicized lately because many taxpayers feel unfairlytaxed. Consider the idea that you would renounce your U.S. citizenship to avoid paying taxes on yourincome. Dual citizenship may also be an option, but that is a more complicated undertaking.Write a three to four (3-4) page paper in which you:1. Analyze the effects of renouncing your citizenship on your tax liability.2. Analyze the effects of establishing dual citizenship on your tax liability.3. Compare the effects of renouncing citizenship to establishing dual citizenship on your tax liability.4. Decide if either of these actions is warranted in your particular case and state why you think thatway.5. Suggest other alternatives to reduce your tax liability without renouncing citizenship.6. Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and otherWebsites do not quality as academic resources.
Paper#39236 | Written in 18-Jul-2015Price : $22