Questions from Federal Taxation

Q: Explain how foreign corporations conducting business in the United States are taxed

Explain how foreign corporations conducting business in the United States are taxed on their business and nonbusiness income.

Q: Why is the sale of property by a foreign corporation not subject

Why is the sale of property by a foreign corporation not subject to the withholding tax on nonbusiness income?

Q: What is the difference between a contributory and a noncontributory pension plan

What is the difference between a contributory and a noncontributory pension plan?

Q: What are the tax advantages of using a qualified pension plan instead

What are the tax advantages of using a qualified pension plan instead of a nonqualified pension plan?

Q: What requirements must be met for a pension plan to be treated

What requirements must be met for a pension plan to be treated as a qualified pension plan?

Q: Are all entities allowed to establish the same type of qualified pension

Are all entities allowed to establish the same type of qualified pension plan?

Q: Explain the difference between a defined benefit plan and a defined contribution

Explain the difference between a defined benefit plan and a defined contribution plan.

Q: What is the maximum amount that can be contributed to a defined

What is the maximum amount that can be contributed to a defined contribution pension plan?

Q: What is the maximum benefit that can be paid to an individual

What is the maximum benefit that can be paid to an individual under a defined benefit plan?

Q: How does a Keogh plan differ from other qualified pension plans?

How does a Keogh plan differ from other qualified pension plans?