Accounting

In recent news, large corporations, such as Apple Inc., were accused of avoiding U.S. taxes and stashing cash overseas. Imagine you are the President of the United States, and you are planning a briefing to Congress about this issue. Propose one (1) strategy that you plan to recommend to Congress in order to address the tax avoidance situation

Analyze the significant rules concerning the manner in which corporations treat the dividends that they are paying. Based on your analysis, recommend at least two (2) changes that you would make to the rules that would be fairer to either the corporation, the individuals receiving dividends, or to both. Support your recommendation with examples of such changes.