For this research assignment, you are to write a minimum two-page content (not including cover page and references page) (double spaced) paper comparing the US tax system to that of ONE other country in the world. Choose a country that you might be interested in visiting or studying about and compare its system with the US system. Since this is a short paper, it is very high-level – not much detail.
Please address these issues:
1) Corporate and individual tax rates
2) Other sources of federal funding – other than corporate and individual taxes
3) Does the country have a agency similar to the IRS
4) Level of compliance and penalties for non-compliance
5) Complexity or simplicity
