Explain the NATURE of TAXATION.

Examine the income source rules discussed in the textbook and suggest at least two current tax rules that can prevent the manipulation of the source rules to eliminate taxes.

The Manualian Revenue Authority ( MRA) is considering whether, and how, to amend its system of relief from juridical double taxation. You are required to outline the various systems that are available, and the main policy considerations involved in adopting each option.

Prepare a research presentation on the Tax Legislation Process using these resources: https://csuglobal.libguides.com/ACT406Links to an external site. and the future of tax using Artificial intelligence. Provide an analysis of how a piece of tax legislation becomes a tax law, based on the Tax Reform Act of 1986, the Tax Cuts and Jobs Act of 2017 (TCJA), and the Made in America Tax Plan of 2021. Choose the six most important changes (select three for businesses and three for individuals) between the Tax Reform Act of 1986, the Tax Cuts and Jobs Act of 2017 (TCJA), and the Made in America Tax Plan of 2021. Your research should: Explain the various components and levels of government involved in the process. Discuss the reasons for your choice of six key changes between the Tax Reform Act of 1986, the Tax Cuts and Jobs Act of 2017 (TCJA), and the Made in America Tax Plan of 2021 for businesses (3) and for individuals (3). (Note: Anti-Abuse Tax (BEAT), Global Intangible low-tax income…