Revivalism Essay Essay Example

Revivalism Essay â€Å"Revivalism is a dependable Afro-Christian otherworldly everyday citizens signifier that developed during the eighteenth to nineteenth century. At first. it was the local Baptist Christians who united with the Moravians. also, other non-traditionalist places of worship to go the antecedents of the movement. Nonetheless. Jamaica was said to hold encountered an otherworldly movement called the Great Revival in 1861. which saw the joining of significantly more African keeping in the movement. Pocomania is progressively African in signifier while Zion is increasingly Christian situated. † [ 1 ] After fixing to transport this excursion. I was a spot disappointed that I needed to wake up in the extremely early times of the forenoon to travel this â€Å"Watt Town† hike. be that as it may, I despite everything drew closer with a detached head. in spite of the fact that I had an idea of what to foresee. seeing that I was at that point familiar with many Evangelists. Truly I anticipated that it should be a misuse of clasp. yet, after observing the group of my companions. while looking out for the coachs which were booked to take us on our excursion it got simpler and simpler. we occupied with muffles and song of praise we swore were Revivalist hymns yet Mr. Dim quickly busted our air pocket and revealed to us that those songs of devotion were Pentecostal. We will compose a custom paper test on Revivalism Essay explicitly for you for just $16.38 $13.9/page Request now We will compose a custom paper test on Revivalism Essay explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We will compose a custom paper test on Revivalism Essay explicitly for you FOR ONLY $16.38 $13.9/page Recruit Writer We were welcomed by a semi-lovely however moderate mentor driver. in any case, the vibration in our mentor quickly took our heads off the length of the excursion. I see Evangelists as amazingly otherworldly individuals who are in song with mixers with from arranged realms. known as Heaven. Earth and Ground soul realms. I met with a clump of various Evangelists. in any case, what I found rather intriguing was the way that the core of what they were expressing were comparable yet they were other than numerous subtle contrasts. For outline I met with a grown-up male. whose name is Joseph Whitter. of the Olivette Seventh twenty-four hours church. nd he was by all accounts somewhat regarded in the congregation network. he outrightly expressed toward the start of the discussion that. â€Å"Revivalism is the solitary way to be saved† . we had a protracted treatment on what are my own situations on trust and the hole explanation he made. where I revealed to him that I emphatically can 't help contradicting that announcement and I accept that there is just one God and harmony and love is a definitive end. which everybody should try to achieve. no issue what religion one relates to. I so met with Miss. Barbara Harper of a similar church. Olivette Seventh twenty-four hours church. also, she expressed that individuals should make a trip to any congregation they need to make a trip to and make whatever is truly charming to God. at the point when I referenced what her congregation sibling thought about something very similar. she said that there is no 1 way to secure to paradise and that individuals spend a greater amount of their clasp in rivalry with different sections and religions rather than offering congratulationss to the most high. I snickered a spot and I was in whole comprehension with her announcement. We so begun to talk about her life. also, how she was before she distinguished that Revivalism was for her. I could see that the movement truly helped her and improved her life. before going on I expressed gratitude toward her for being so legitimate and finishing up with me. expressing her that I would hear her out talk any twenty-four hours for she had a wide and loosened head and I completely loathed fanatic disapproved of individuals. who attempt to pressure their methods of reasoning and convictions down people groups pharynxs. At the point when we in the long run showed up at Watt Town. after our overabundance long excursion I had no idea of what I was around to observe. the site resembled nil I had seen previously. I was welcomed by what had appeared to be 100s of individuals. I found that Watt Town was holding what had appeared as though a bury - church show. I saw kids from arranged schools and youthful adults like our self images at that spot to see this exertion. One of the principal things I saw about the Evangelists was they were have oning various regalia in various habits and colorss. I pondered and inquired as to for what reason were they dressed this way and a sort woman disclosed to me that each congregation was spoken to by various outfits. The seal is the point of convergence of the congregation ; this is the place the blessed messengers are accepted to validate themselves. This is the most consecrated nation of the land and is an inviting device. The seal is a prevailing trademark in all evangelist chapels in light of the fact that the seal empowers mixers which come and have the individuals. empowering them to move out their plants of recuperating and love. It is prompted that one should stroll around the seal multiple times to pay respect to the Tribune God. A few seals can be seen with silver coins in them. this is installment to the mixers for their guide. The banners and decorations we saw at the forepart play an extremely of import work in the revivalism. A tall shaft ordinarily denotes a resurgence land. The banners on the post are utilized to attack go throughing mixers. the appealing power of mixers is extremely of import to revivalism since they have faith in numerous mixers and that they can be conciliated or called to help in their day by day lives. Every decoration has its ain expectation. Green methods anything of nature. Blue and white organizations harmony. tap love and reddish bases for the blood of Jesus. After setting out to the highest point of the development. a few stones began to rain from a rooftop top. some hitting my caput. non understanding anything about what was going on yet. I didn’t warmly embrace this. that confounded me more than I previously was. At the point when a gathering of us in the long run got to the top we saw the diverse love circles/petition gathering. what's more, I was satisfied by some as I saw a few circles which were varying with individuals from various houses of worship. this gave me that pride was non an issue and did non obstruct venerate. also, the main end. enhancing the most high. I remained in wonder right after to two love circles and I heard grouped themes. some I had heard previously. some I had non. I knew about vocals, for example, â€Å"Madda de incredible stone got to move† and â€Å"Rock gracious! Rock sanctum. stone Ohio! Rock holy† . Bing an instrumentalist I delighted in this aspect of the trip. putting the keys and the harmony designed advances that would go with their straightforward yet viable tunes. I saw that despite the fact that their regalia were unique. they shared numerous things practically speaking. I saw that a large number of them had caput wraps with grouped bits of letter paper in the wraps. I giggled at this sight since I thought they were taking notes or something. in any case, as I went on and I learned more I found that the pencils. swayers and scissors that I saw resting in their caput wraps had specific importance. The pencils and swayers connotes retouching among the followings. the scissors were hauled around by a particular arrangement of individuals. known as the advisors. who utilize the scissors to truly cut shamelessness from around the people being mended. as exhibited to us by a juvenile grown-up male named Otis. A couple of the Evangelists were other than observed moving around a meter swayer. this was given to individuals who had been populating an equitable life and who were scheduled to be hitched. We saw a few people flushing their face with sugar H2O. this was said to pass on leeway and virtue. the petition wrap was said to represent the Tribe of Judah. as we discovered that. like the Rastafarians there was a cluster of African roots in Revivalism other than. furthermore, they utilized bronzed green and gold to put with Ethiopia and Ghana. At the point when I asked about a light I saw a matured grown-up female moving about. she said that the light other than speaks to recuperating and strict obvious radiation since evangelists don’t stroll in the murkiness. These repairing images were carried from Africa with the slaves and turned into an implicit part of the evangelist mending administrations. As an outcome the current twenty-four hours evangelist has kept up the example. I solicited a few Evangelists from their existent businesss and from the appropriate responses I discovered that they were either twenty-four hours laborers. higglers or anglers. ( more than presumably having a place with the lower classification ) I saw this must hold added to the disdainful mediation by standard and center/upper class Christians. They believe them to be incredibly offbeat. pagan. rough and diverting in ceremonial practices especially when they presume them of rehearsing obi. The hatred stored on the lower class engaged with revivalism can be followed to imperialism. Definition was polished on the estate non only from the situation of Whites to none Whites or yet close to among the inkinesss. The free slave felt himself over the house slave who felt they were better than the field slaves and there was farther separation in that gathering relying upon the pack to which they have a place. Seaga. in his Hagiographas in the 1980’s clarified that Revivalism other than includes various degrees inside its development. There is the Leader who is the cardinal figure of significance ; underneath the pioneer are the shield bearer. shepherd male kid and female parent. The pioneer is neer regularly addressed on the ground for ceremonial perceptions. The ceremonial signifiers of Revivalism takes three significant signifiers, for example, request meeting. road meeting and customs for explicit aims for representation plain arraies. fellowship tables and showers. The gatherings are ordinarily opened to the masses. Revivalism is separated into two gatherings. Zion and Pocomania. Pocomania is progressively African in signifier while Zion is increasingly Christian situated. they are alluded to as 2 diverse rel

Psychoanalyzing Jokes Free Essays

Jokes are a piece of culture that attempts to realize giggling in words that has all the earmarks of being silly. As the maxim goes â€Å"jokes are half implied â€Å", there are ramifications of jokes to the human individual. Basically, jokes that are frequently said in an easygoing discussion are implies for a curbed articulation or sentiment of an individual to move into the open. We will compose a custom exposition test on Psychoanalyzing Jokes or then again any comparative theme just for you Request Now Sort of like a â€Å"slip of the tongue† circumstance. To set up the connection of jokes comparable to the inner mind, let us investigate this speculative example.A fellow who jokes his companions about how his companions are as a rule too innocent in view of their parents’ every minute of every day minded which as indicated by Sigmund Freud’s Psychoanalytic hypothesis could imply that he has an obsessive requirement for the consideration of his own folks or if nothing else somebody to deal with him. The key idea in this model is that the capacity of the person to request love from his folks is quelled in light of the fact that presumably he can't state it glaringly then that longing for that care was voiced out through different methods, for example, a joke. Driving the purpose of the association between the jokes and the inner mind level, let us investigate jokes in a community.Basing from the level of the giggling that it had brought accepting that the conveya nce was acceptable and different variables was okay, on the off chance that we investigate it, we see that a few jokes are entertaining to other people and to others not interesting. One might say that the jokes are clever in light of the fact that they are consistent with life (much of the time) prompting the point that a few people chuckle at jokes and others don’t is on the grounds that the joke is interesting up to how others could identify with the joke. So we could really say that the way of life of joke is established on the likenesses of the individuals with regards to encounters and in the event that not encounters, at that point emotions or sentiments.Freud contended that jokes is in connection with dreams is that jokes are the sign of wants that are contained inside the people conduct. So jokes in the individual elements viewpoint is established on the historical backdrop of the individual essentially on their youth. What is acceptable about jokes is that not just that it emits humor at the correct spot and time yet additionally jokes in the public arena goes about as an outlet of wants or needs that individuals can't really request it legitimat ely perhaps due to the dread of being oppressed or contrasted with the inflexible structure of what a great many people call as the social norm.Since jokes fills in as an outlet to individual needs and wants that is hidden it really helps the individual from being rational and not amassing these wants and let them burst in one blow and effectively discharges the pressure from the people awareness. So tending to the topic of therapy. â€Å"What are the fundamental reason for culture that is established in the organic substance or impulse? † The way of life of jokes may it be thump †thump to legal counselor jokes and to some other sorts of jokes it is attached on the need to realize an inclination or want that individuals can't unmitigatedly say or request. Instructions to refer to Psychoanalyzing Jokes, Papers

Restoring Sanity and Fear

Restoring Sanity… and Fear This weekend, I headed down to Washington, DC, for the Rally to Restore Sanity and/or Fear, hosted by none other than Jon Stewart and Stephen Colbert. More important, though, given I live just outside the city, was the chance to go home and see my family, including my sister’s cat, Sheesha: And this is proof positive why I would rather have a cat than a child. Cats die maybe two weeks after they stop being cute. Children live â€" what? â€" maybe eighty years after they cease being cute? Another aside: do be sure that if you have a flight at Logan at 6:45pm that you leave MIT well before 5:45pm. If you choose to ignore my advice, you will not make your flight. Even though it’s rush hour, the Silver Line to the airport will burn you, coming only once every ten minutes. Even though you don’t have any carry-ons, the guard who is supposed to simply check to see whether your ID matches the name on your boarding pass will feel it’s his duty to chat about the Yankees and the Red Sox with the person in front of you. And, of course, as you leave the security checkpoint, your laptop bag will tip over, spilling all its contents onto the ground. Then again, you might be lucky enough to be put into business class on the following flight because there are no other seats available. Also, let me say for the record that this is the first time in my four years I’ve been home on a random weekend like this. I go home for Thanksgiving, Christmas, and Spring Break (hardly even over the summer), but I never go home on a weekend despite living so close (relatively speaking). But the Rally to Restore Sanity and/or Fear had become a phenomenon on its own right, and a number of friends from home, MIT comrades, and MIT alums were heading down to the festivities on the National Mall. So, I couldn’t pass up on the excuse to go home â€" especially at Halloween. I’ll spare you the details about what happened on Friday â€" it just involves doing work for 1.00 and having a friend’s car suddenly stop while driving down I-95 â€" but Saturday, well, was quite an adventure. I departed from how at about 11am with my sister, only to happen about the â€" well â€" insanity caused by the rally. Outside the Metro station was a long line extended down the street composed of unwise out-of-towners who didn’t have SmarTrip cards or otherwise didn’t get their farecards in advance. Meanwhile, my sister and I, with our local insight, had our SmarTrip cards ready to suavely go through the fare gates. It didn’t quite work that way, because for the umpteenth time my SmarTrip stopped working (never happens in Boston, by the way). Thankfully, the station officer said the line was too long and let me go in for free ($2.40 saved!). Estimates for the crowd attending were at nearly a quarter million, but the D.C. Metro was sadly ill-prepared. They were still running their pathetic Saturday service, which sees, at times, only one train every fifteen minutes. Hence, this miserable sight, and the packed-worse-than-vacuum-sealed-sardines trains: Look at the platforms, just look at them! If you didn’t get on the train at one of the suburban stops, you weren’t getting on at all; there were simply too many people. I had intended to meet up with several current MIT students or MIT alums, but finding our way through the crowd was difficult enough. Further, it seemed as if the cellular networks were jammed with rallygoers posting realtime Facebook updates about the event and CNN reporters Twittering about the breaking news on the National Mall. So, I couldn’t even call them. And while organizers had intended to only accommodate a crowd for four blocks, they ended up taking up ten blocks of the National Mall, plus a number of adjacent streets. The side effect is that a number of people couldn’t hear or see anything, forcing some people to scale trees or, worse, portable toilets (I was so hoping for one of those to cave in). At one point, the crowd even began to chant “Louder! Louder!” Either way, it was quite amusing to look at the signs. If you’re easily offended, hide your kids and hide your wife. I was considering adding Halloween to my blog post, but it was a rather quiet Halloween in my neighborhood. When I was in high school â€" i.e. too old to be trick-or-treating (ahem…) â€" it was tradition for me to sit outside in a chair pretending to be a scarecrow and then jump out on unsuspecting kids. Having been at MIT all these years, I have not been able to satiate my appetite for little children screaming. But, this year, I was able to reprise my role, restoring fear in the hearts and minds of children. I didn’t even think I looked fake, but, my, children can be gullible. Some of those screams were of Wilhelm caliber, and one girl in particular was clutching to the side of the house in unabated horror with a scream that caused some boys down the street who I scared a bit earlier to break out in laughter. Sadly, there weren’t too many people out in my neighborhood trick-or-treating, so I had to be satisfied with the ten sets of kids (and parents) who I managed to startle. But I’ll take what I can get.

Factors affecting Customers Decision for taking out Bank loans in Ahmedabad - Free Essay Example

Sample details Pages: 3 Words: 803 Downloads: 8 Date added: 2017/06/26 Category Finance Essay Type Analytical essay Did you like this example? à ¢Ã¢â€š ¬Ã…“Factors affecting Customerà ¢Ã¢â€š ¬Ã¢â€ž ¢s Decision for taking out Bank loans in Ahmedabadà ¢Ã¢â€š ¬Ã‚  EXECUTIVE SUMMARY Purpose: The recent global financial crisis has highlighted the intense competition between banks for attracting customers; thus, research on selection criteria used by customers to choose a bank for doing business has been enriched with new methodologies, findings and recommendations for both banks and customers. This is ever more important when we take into account that banks and generally the financial system have lost their reputation and credibility, as a result of certain financial transactions which brought about the economic crisis. Hence, the banking industry appears as one of the most rapidly emerging sectors needing to identify the main factors that lead to maintenance of existing customers and ways to attract new ones. Don’t waste time! Our writers will create an original "Factors affecting Customers Decision for taking out Bank loans in Ahmedabad" essay for you Create order Methodology: This is carried out using quantitative survey of 150 respondents of the Ahmedabad city. Each respondent are personally contacted to fill up the questionnaire. Finding: Out of 150 respondents, 86.7% respondents have received a loan, and 13.3% respondents have not received a loan. This confirms that most of the respondents have received a loan but few of them have not actually received but they consider the important factors for receive a loan. Respondents are considering loan factor, competitive interest rates as one of the most important parameter. In t value is positive for parameter like, customer services professionalism and credibility of staff is good, potential customer complaints, variety of product- service provided by the bank, enough information about loan, time duration for loan, simpler procedure, total cost, ability to finance maximum to security (property), EMI Based capabilities, possibility of early repayment, no need of underwriting property, ability to provide insurance program to protect the payment of installments, competitive interest rates and privilege terms in comparison with other banks. So these parameter not only important but more than important for the customers. The association between respondents received a loan with demographic factor, man are 1.71 times more likely to take a loan than a women and in age group between 31-40 and 41-50, respondents are more likely to take a loan than other age group. Similarly, there is sufficient correlation exists between the variables to proceeds with the analysis for take a loan. For that twelve important factors have been extracted from twenty eight variables contributed about 62% variation in customers decision for taking out bank loan. Recommendation: Customers place more emphasis on factors like interest rates, installments and other factors like, total cost, simpler procedure. Therefore, such factors should be considered seriously by the banks in designing their marketing strategies by widening their branches and providing good customers services to customers. Since the age category between 41-50 has the most usage and more representation in the sample, banks should target its marketing mix toward this category. Bank should also focus on total cost, carried by customers to take out a loan due to higher competition in the market there are different scheme available for processing fees for the loan. Bank should require reduced interest rate on loans and high interest rate on savings and services offered. In this respect, Polish bank customers do not differ from customers of the banking industry in other countries. INDEX SR. NO PARTICULARS PAGE NO PART- I GENERAL INFORMATION 1 About the Industry 1.1 Introduction of Bank 1 1.2 Global Banking Sector 1 1.3 Indian Banking Sector 2 1.4 Growth in the industry 5 1.5 Banking structure in india 9 1.6 Types of Bank 10 1.7 Major Banks and products in Banking Sector 12 2 About the company 2.1 Introduction of Company 15 2.2 Market share and Management Pattern 20 2.3 Financial Highlights 21 3 Product Profile 23 PART-II INTRODUCTION OF THE STUDY 4 Introduction of the study 30 4.1 Literature review 32 4.2 Problem Statement and Importance of the Study 35 4.3 Objective of the Study 36 4.4 Background of the Study 37 4.5 List of Hypothesis 38 5 Research Methodology 5.1 Problem definition 39 5.2 Research design 39 5.3 Data Collection Method 41 5.4 Sampling design 41 5.5 Data Collection Instrument 42 5.6 List of Statistical Test used. 42 5.7 How to conduct statistical test 44 5.8 Limitations of the Study 46 6 Data Analysis and Interpretation 6.1 Descriptive Analysis 47 6.2 Inferential Analysis 51 7 Findings 71 8 Recommendation 74 9 Conclusion 76 10 Bibliography 77 11 Annexure 78-81 List of Table SR. NO PARTICULARS PAGE NO 1. Table: 1 Major banks in global banking sector 12 2. Table: 2 Major banks in public sector 13 3. Table: 3 Major banks in private sector 13 4. Table: 4 Shareholding pattern of axis bank 20 5. Table: 5 Management pattern of axis bank 20 6. Table: 6 Respondents receive a loan 47 7. Table: 7 Gender of respondents 47 8. Table: 8 Age group of respondents 48 9. Table: 9 Marital status 48 10 Table: 10 Education level 49 11. Table: 11 Employment status 49 12. Table: 12 Sector of employment 50 13. Table: 13 Annual income group 50 14. Table: 14 Personal property bend belonging to 51 15. Table: 15 Reliability test 51 16. Table: 16 One sample t test 53 17. Table: 17 Association of taking loan with demographic factor 58 18. Table: 18 KMO and Bartelttà ¢Ã¢â€š ¬Ã¢â€ž ¢s test 60 Table: 18.1 Communalities 61 Table: 18.2 Total variance explained 62 Table: 18.3 Component Matrix [Unrotated] 64 Table: 18.4 Component Matrix [Rotated] 67 List of Figure SR. NO PARTICULARS PAGE NO 1. Figure: 1 Banking structure in India 9 2. Figure: 2 Types of Bank 10 3. Figure: 3 Banking products and services 14 4. Figure: 4 Products of Bank 23 5. Figure: 5 Customer Decision Process 30 6. Figure: 6 Influence on customer decision 31 7. Figure: 7 Scree Plot 63

Cause And Effect Of The Pregnancy Rate During The First...

According to The March of Dimes (2016) miscarriage, particularly in the first trimester, has an overall estimated incidence of 10 to 15%. However, the number could be as high as 50% when taking into account pregnancies which had not yet been discovered (March of Dimes, 2016). Concern regarding miscarriage is universal yet in women taking an antidepressant this concern increases as researchers have theorized that its use may increase the potential for spontaneous abortion. Two large scale studies by Andersen et al., (2014) and Kjaersgaard et al., (2013) documented increased miscarriage rates although a direct correlation between SSRI use and spontaneous abortion was not identified. These two prospective studies combined evaluated†¦show more content†¦So while increased miscarriage rates have been documented in the research, the authors’ conclusions directed implication away from SSRI use and focused rather on other possible causative factors. PREGNANCY, SSRI USE AND NEONATAL OUTCOMES 8 SSRIs do not seem to be implicated in spontaneous abortion and their role in stillbirth and postneonatal mortality follows similar lines. The increase in both stillbirth and postneonatal mortality found in the studies by Andersen et al., (2014), Jimenez-Solem et al., ( 2013) Stephansson et al., (2013) are likely attributed to severity of disease and comorbidity factors such as increased tobacco and alcohol use, elevated BMI, and or higher maternal age. None of these studies concluded that SSRI use was a causative factor, but rather focused on depression and the common health risks which often accompany the diagnosis. Overall, review of the current literature finds no direct causal relationship between SSRI use and miscarriage, stillbirth or postneonatal mortality (Andersen et al., Jimenez-Solem et al., 2013, Kjaersgaard et al., 2013 Stephansson et al., 2013). This does not eliminate an indirect causal relationship from malformations such as persistent pulmonary hypertension, anencephaly, craniosynostosis, or omphalocele. Studies on Major Birth Defects and SSRI

Bus 405 Tax Planning Homework Free Essays

HONG KONG SHUE YAN UNIVERSITY BUS 405 TAX PLANNING Homework 2 Question 1 Mr. Herbert Lee, a Singaporean, is being offered a job from a U. S. We will write a custom essay sample on Bus 405 Tax Planning Homework or any similar topic only for you Order Now based company, Gateway Corporation. According to the proposed employment contract, Mr. Lee will have to meet the management team in the US and sign the contract there. His job is to oversee and supervise the operations of the Corporation’s various affiliated companies in the Far East region, including Hong Kong. He is expected to travel extensively in the region but for convenience purposes, he will be sent to and be accommodated in the office of Gateroom Ltd, a wholly owned subsidiary of Gateway Corporation in Hong Kong. No contract is to be signed between Mr. Lee and Gateroom Ltd but it is agreed that Gateroom Ltd will provide all administrative support to Mr. Lee especially when he stayed in Hong Kong to perform his duties. Gateroom Ltd will charge back its administrative costs (including travelling and telephone costs) to the US parent in respect of its support given. Mr. Lee is required to report directly to the US parent in respect of the operation performance of respective companies in the region. His salary will however be paid in Singapore dollars into his bank account in Singapore. Mr. Lee understands that Hong Kong taxation system is limited by territorial ambit and he is concerned about the Hong Kong tax implication of his employment income under the new offer. He approached you for advice with his expected travelling schedule as below: 15. 5. 2011Hong KongArrived at Hong Kong and reported to Gateroom Ltd 5. 6. 2011 – 7. 6. 2011SingaporeTo attend meetings and seminars 1. 8. 2011 – 30. 8. 2011ChinaTo attend meetings and conferences 1. 11. 2011 – 18. 11. 2011IndonesiaTo attend meetings 30. 12. 2011 – 23. 1. 2012ThailandTo attend meetings and vacation leave (leave days of 10 days) Required: Explain briefly the Hong Kong tax system in relation to income from employment, and advise Mr. Lee on his Hong Kong salaries t ax position in respect of his new employment income. Question 2 Mr Leung, the managing director of one of your clients, Global Trading Limited, came to your office. He was concerned about restructuring his own salaries package, and that of the other employees. He wanted to ensure that all fringe benefits provided by the company were to be provided in a tax efficient manner, i. e. to minimize the salaries tax liabilities of the employees but at minimal costs to the company. Required: a) Explain to Mr Leung the extent to which fringe benefits are subject to salaries tax in Hong Kong with reference to the relevant statutory provisions and general principles. According to Section 8(1A)( c), the income can be excluded from services rendered outside Hong Kong if taxplayer is chargerable to tax in the country in which services are rendered, and tax of substantially the same nature as salaries tax in Hong Kong has been paid in respect of the income attributable to the services rendered in the country. The income is fully exempt if service are rendered in HK during visit not exceeding 60 days and the income on which tax has been levied in the Mainland will be exempt from salaries tax. According to Section 8(2)(j), income fully exempt if present in Hong Kong for not more than 60 days in that Y/A and 120 days in 2 consecutive Y/A. According to Section 8(2), Accrued benefit received under a MPF scheme in respect of employer’s mandatory and voluntary contribution and sum withdrawn from other recognised retirement scheme. And Pension attributable to service rendered outside Hong Kong. (b)Advise him how to provide the following fringe benefits to the employees of the company in a tax efficient manner: (i)a domestic helper (ii)low interest loan (iii)club membership (iv)education fee of child How to cite Bus 405 Tax Planning Homework, Essay examples

Reforming International Monetary System †Free Samples to Students

Question: Discuss about the Reforming International Monetary System. Answer: Introduction: The increased rate of interest present in Thailand is a testimony to the uncertainty prevailing in its economy. Hence, it can be anticipated reasonable that the value of Baht is going to depreciate in the near future which will result in lower amount of Australian Dollars being received by the company in exchange of same number of Baht (Boriob et al., 2017). Hence, it is prudent that despite the lower interest rate of investments in Australia, the company should refrain from investing it in Thailand at a higher rate of interest. This is because even if the company is getting a higher rate of interest the benefits of the same will no accrue to the company if the value of Baht currency declines disproportionately in the future. In case the excess funds earned in Thailand are invested back in Thailand then the company will need more money that it might have to fulfil by taking a loan back in Australia at the prevalent rate of 10%. The additional funds so acquired will be instrumental in supporting the operations in Australia (Avdjiev et al., 2016). The funds that were supposed to be remitted back to Australia for investment purposes at 8% rate of interest will no longer be available for the same purpose. Furthermore, if the Bahts value reduces by 5% as the studies suggest then investments made in Thailand will be yielding an interest of 9.25%. Hence, it can be seen that in case the company is reinvesting the excess money earned in Thailand. Then along with borrowing money for the additional funds required for carrying out the operations in Australia the returns that the company was, getting from Thailand will also decrease in the near future, which will be detrimental to the interest of the company (Titman e t al., 2017). The analysis as given below depicts the comparison between the two options available with the company. At present the company can either invest the funds back in Thailand or exchange them and remit them back to Australia. If the second one of the two options is exercised then the company will be enjoying a gain of $8389001.34 It is the holding company of the Brambles Group. It is listed on the Australian Stock Exchange. The company is mainly concerned with supply chain logistics specialising in accumulation of unit-load equipment and related services. It is mainly focused on outsourcing of pallets, crates and containers (Bech et al., 2014). As per the data of 30th June 2015 Brambles had an employee number of around 14000 persons and was the owner of around 500 million pallets, crates and containers with the help of 850 service centres. The company has its operations in America, Europe, Australia and a number of other countries collectively termed as other by the company. The highest revenue generating area outside of Australia is America in case of the company. The revenue generated by the company from America amounts to US$2755.2 million in the year 2017. The main risk of foreign exchange arises either in the value of the transactions that are translated into the functional currency of any of the subsidiary of the company or in respect of the value of the assets and liabilities of the overseas subsidiaries which are translated back into the groups functional currency (Zaghini, 2014). In order to mitigate the risk foreign exchange hedging is used when the risk crosses certain thresholds made applicable by the company. In pursuance of this forward foreign exchange contracts are used to manage the exposures. The company incurs expenses and incomes in the local currency in operation such exposures do not amount to significant extent. As additional response towards this risk translation exposures are mitigated by rising of debt in currencies where the matching assets exist. The company operates in the field of bio-technology and its operations are wide ranging like research, manufacture, development and marketing of products which prevent and are able to cure people suffering or prone to diseases that can cause serious medical conditions to the person (Gambacorta et al., 2015). The company mainly produces antivenom, blood plasma derivatives and vaccines. The various geographical areas of operations of the company are United States, Germany, Switzerland, UK and many other countries referred to as rest of the world by the company. The highest revenue generated by the company outside of Australia is from United States and as a matter of fact it is even more than what the company earns from its operations in Australia. The revenue from United States amount to US$2850.8 million. This affirms the fact that the company enjoys a strong customer base in United States, which si substantially more than its own country. In order to mitigate the risks of foreign currency exposure the company makes use of fixed currency which is capable of eradicating the effect of movement in the exchange rate. This further enhances the comparability of the performance of the group. In order to apply the constant currency the company converts the net profits of the entities of the group reporting in currencies other than the fixed currency of the group i.e. US Dollars at the rate which was prevalent in the prior comparable period (Frieden, 2016). Further the company makes adjustments in respect of the material transactions that were affected by the fluctuations of the exchange rate at a rate which would have been applicable if the transaction had taken place in the prior comparable period. The analysis of the chart comparing the correlation between the exchange rate of the USD to AUD and the two companies it is found that corresponding share prices of both the companies are in negative correlation with the exchange rate (Frisari Stadelmann, 2015). It implies if the exchange rate is going upwards then the share prices of the companies would go down and when the exchange rate is going downward the share prices of both the companies would go up. Among the two companies CSL LTD. has a higher degree of negative correlation as compared to Brambles Ltd. Both the companies under study do not have a secondary listing on the stock exchange any other countries except the Australian Stock Exchange. This is deterring for both the companies as the revenue patterns of both companies suggest that they have significant sources of revenue accruing overseas (Van den Berg, 2016). The companies are losing on the opportunity of gaining the confidence of the customers and raising more capital in the form of share capital and debt funds from other countries. Getting itself listed on a secondary stock exchange will help both the companies in increasing their flexibility with respect of raising additional capital. The company becomes capable of raising capital in different time zones along with the ability to do so in multiple currencies. The company can also reduce its overall cost of capital by adhering to the disclosure requirements of the overseas stock exchanges diligently. This is because with accurate and diligent disclosure practices the company will be enjoying the goodwill and reputation both from foreign countrys statutory bodies as well as the investors who will be ever more ready to invest their funds in the company (Frieden Lake, 2015). The cross listing comes with the added advantage of media coverage which increases the goodwill of the company. In spite of these advantages however, there are various costs associated with the process of secondary listing like registration costs, reports and disclosure requirements etc. As per the revenue patterns of both the companies it is recommended that CSL and BXB should get listed on the stock exchange of United States. As, both the companies have significant revenues accruing out of the country (Buchholz Tonzer, 2016). This will help the countries in further expanding the operations in the country by utilising the funds raised from that country itself. 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