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FIN 677 AU International Finance Taxes & Letter of Credit & Business Operations Essay

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Part 1

National governments worldwide use three basic types of taxation to generate revenue: income tax, withholding tax, and value-added tax. Research the three basic types of tax restrictions in your chosen company’s tax jurisdiction. For your post, compare and contrast the three basic types of taxation that governments levy within the tax jurisdiction (country) you chose for ACME to target for their acquisition (United Kingdom). Evaluate the types of taxation that influence international operations and determine the optimal tax strategy you would propose for ACME. Provide evidence to support your recommendation. Minimum of 250 words.

Part 2

In your initial post, identify at least 12 components of a letter of credit and state how those components protect both the buyer and seller. Analyze the risks involved in using letters of credit in international transactions, and propose a strategy for how to mitigate those risks. Your initial post should be a minimum of 250 words.

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