Barrett

Barrett, The Honors College at Arizona State University proudly showcases the work of undergraduate honors students by sharing this collection exclusively with the ASU community.

Barrett accepts high performing, academically engaged undergraduate students and works with them in collaboration with all of the other academic units at Arizona State University. All Barrett students complete a thesis or creative project which is an opportunity to explore an intellectual interest and produce an original piece of scholarly research. The thesis or creative project is supervised and defended in front of a faculty committee. Students are able to engage with professors who are nationally recognized in their fields and committed to working with honors students. Completing a Barrett thesis or creative project is an opportunity for undergraduate honors students to contribute to the ASU academic community in a meaningful way.

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Website Guide to Gay Marriage Income Tax Implications

Description
Imagine, after enjoying 40 years with a person you love, and promise to live with ‘till death do us part,’ you are taxed over $360,000 upon the death of your spouse. Edith Windsor, who was legally married experienced discriminatory tax treatment simply because her spouse was a woman. On June…

Imagine, after enjoying 40 years with a person you love, and promise to live with ‘till death do us part,’ you are taxed over $360,000 upon the death of your spouse. Edith Windsor, who was legally married experienced discriminatory tax treatment simply because her spouse was a woman. On June 26, 2013 the Supreme Court of the United States ruled the Defense of Marriage Act unconstitutional violating the 5th and 14th amendment to the U.S. Constitution. The ruling eliminated this discriminatory tax policy and the conflict of filing federal and state income taxes in states recognizing same-sex marriage. It did create a new conflict with the states that do not recognize these marriages. GayTaxGuide.com is an authoritative tool to verify the current legal standing for same-sex marriage in every state of the U.S. Visitors will find links to official state tax agencies, state income tax forms including official guidance for the public in completing state income tax returns for same-sex married taxpayers. Reading the paper component of this thesis will inform you of U.S. history of taxation and same-sex marriage dating back to the 1st century. Census data and Gallup® survey results pertaining to LGBT topics are presented along with an account of my research process. This project serves the public in untangling state income tax policy for same-sex married couples with up to date primary sources in an easy to navigate format.
ContributorsQuatrone, Jeffrey John (Author) / Goldman, Donald (Thesis director) / Aviles-Santiago, Manuel (Committee member) / Barrett, The Honors College (Contributor) / W. P. Carey School of Business (Contributor)
Created2014-12
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Transfer Pricing for Intangibles: Tax Benefits and Risks

Description
The price charged between related parties for the transfer of goods, services, or intangibles, is known as a transfer price. A taxpayer is required to set its transfer price at arm's-length, similar to what would be charged to an unrelated party, to prevent a taxpayer from greatly reducing its global…

The price charged between related parties for the transfer of goods, services, or intangibles, is known as a transfer price. A taxpayer is required to set its transfer price at arm's-length, similar to what would be charged to an unrelated party, to prevent a taxpayer from greatly reducing its global tax by shifting profits from its U.S. entity to an entity located in a jurisdiction with a lower tax rate. Section 482 of the Internal Revenue Code and its associated regulations advises taxpayers on the various methods to calculate its transfer price. These include: the Comparable Uncontrolled Transaction (CUT) method, the Comparable Profits Method (CPM), and the Profit Split Method. Section 482 also grants the Internal Revenue Service (IRS) the authority to allocate a corporation's transfer price if it is not at arm's-length. With millions and sometimes billions of dollars at stake, it is important for the IRS to resolve the incredibly complex issue of transfer pricing without placing an unnecessary burden on U.S. corporations.
ContributorsWilliams, Gary Spencer (Author) / Goldman, Donald (Thesis director) / Levendowski, Glenda (Committee member) / Barrett, The Honors College (Contributor) / WPC Graduate Programs (Contributor) / School of Sustainability (Contributor) / School of Accountancy (Contributor)
Created2014-12