This paper gives a general overview of the corporate taxation system in the United States. The work begins with a definition of taxes and tax systems followed by the classification of business entities in the US. The main part describes the relevant legal taxation aspects that corporations face in the US and deals with the critical issue of tax deferral of US multinationals. This assignment will focus on the federal income tax that has the most importance for business decision making. This assignment ends with a final reflection of the topic and a conclusion by the author.
Table of Contents
Executive Summary
List of Abbreviations
List of Figures
List of Tables
1. Introduction to Taxation
1.1 The Structure of Taxes
1.2 Types of Taxes
1.3 Business Entities in the US
2. Corporate Tax in the United States
2.1 Federal Income Tax
2.2 Taxable Income
2.3 Income Taxation of Business Entities
2.3.1 Proprietorships
2.3.2 C-Corporations
2.3.3 Partnerships
2.3.4 S-Corporations
2.3.5 Limited Liability Companies (LLC)
3. Critical Appraisal Tax Deferral
4. Conclusion
5. Bibliography
- Quote paper
- Master of Business Administration Andreas Kauerhof (Author), 2016, The Corporate Tax System in the United States, Munich, GRIN Verlag, https://www.hausarbeiten.de/document/354489
