Year: 2018

Travel Agency in E-Business World

Travel agencies exist primarily as intermediaries between suppliers of travel services such as airlines and hotels, and customers. Unlike distributors in many industries, travel agencies do not deal with physical products but with information. Travel agent is defined as a…

Company Tax and System

The corporate income tax generally only applies to C corporations (also known as regular corporations). These corporations—named for Subchapter C of the Internal Revenue Code (IRC), which details their tax treatment—are generally treated as taxable entities separate from their shareholders.…