Scientific article review Essay Example | Topics and Well Written Essays - 500 words

Scientific article review - Essay Example The immune system is one of the bodies most important functions, as well as one of the bodies still most mysterious. However, great scientific advancements are being made, as can be read about in several different articles.One article deals with the immune system and its part in MS. It discusses several new important breakthrough in figuring out why the immune system attacks the brain and spinal chord, and how this can be contained.One important new breakthrough is the discovery of "T-regs", a cell that regulates T-Cells (Inner Conflict). These cells stop T-Cells from jumping to attack, and can be helpful in stopping T-Cells from attacking body self cells. The Tregs of people with MS don't function as well as those of people who do not have the disease. Currently, research is being done as to why this is, and what can be done about it( Inner Conflict).Another filed of research is in using hormones to help slow down the advancement of the disease. Using estriol, a form of estrogen on women, and Androgel, a testosterone gel on me, seems to help slow down the brain tissue loss from the disease, as well as improving in bodily functions(Inner Conflict).Another huge development in the immune system field was the discovery of a Orai 1, a protein that controls the immune system's calcium channel(An Immune). This protein has been looked for for decades, and finally finding it has sparked great interest. If drugs were developed that could block this protein for example, a drug could combat the effects of many different types of autoimmune diseases

Changing Environment And Its Impact On Business Information Technology Essay

Changing Environment And Its Impact On Business Information Technology Essay With the emergence of internet, business organization of 20th century has undergone structural, cultural and qualitative change, the way business is done and a new organization structure has emerged known as E business enterprise. E business enterprise enables employees, professionals, terms, groups, vendors, customers to perform business operations through electronic exchange of data and information anywhere at any time. The business operations are performed through E communication and collaboration initiatives. Therefore, E business enterprise has a global market, reach, source and global competition. Due to extensive use of technology, the enterprise is now called a digital firm. The business process are conducted through enterprise software like ERP (Enterprise Resource Planning), SCM (Supply Chain Management) and CRM (Customer Relationship Management) supported by data warehouse, decision support system, knowledge management and content management system. Information Technology (IT) consists of computer hardware, software, data and storage technology, and networks along with the human resources required to operate the technology. The managers and employees directly interact with these systems, it is important for the company now and in the future that the information architecture and IT infrastructure meet the business requirements of the company and that the systems can work together where needed. An Information System (IS) as interrelated components that work together to collect, process, store, and disseminate information to support decision making, coordination, control, analysis, and visualization in an organization. An Inofrmation System (IS) can be any organised combination of people, hardware, software, communication networks, and data resources that stores and retrieves, transforms and disseminates information in an organization The Field of Information Systems encompasses many complex technologies abstract behavioral concepts, and specialized application in countless business and nonbusiness areas. The figure beside Illustrates a useful conceptual framework that organizes the knowledge presented in the text and outlines what you need to know about information system. For Detailed Information Students are requested to refer MIS by James A OBrien Page 6 7 This framework Outlines the Major areas of Information Systems Knowledge needed by business professionals The Three Major roles of the business applications of information systems. Information system provides an organization with support for business processes and operations, decision making, and competitive advantage Support Business Process and Operations: As a consumer, you regularly encounter information system that supports the business process and operations at the many retail stores where you shop. For example most retail stores now use computer based information system to help them record customer purchases, keep track of inventory, pay employees, buy new merchandise, and evaluate sales trends. Store operations would grind to a halt without the support of such information system Support Decision Making: Information System also help store managers and other business professionals make better decision. For Example, decisions on what lines of merchandise need to be added or discontinued, or on what kind of investment they require, are typically made after an analysis provide by computer based information systems. This not only supports the decision making of stores managers, buyers and other, but also helps them look for ways to gain an advantage over other retailers in the competition for customers. Support Competitive Advantage: Gaining a strategic advantage over competitors requires innovative application of information technologies. For example, store management might make a decision to install touch screen kiosks in all of their stores, with link to their e-commerce web site for online shopping. This might attract new customers and build customer loyalty because of the case of shopping and buying merchandise provide by such information system. Thus, strategic information systems can help provide products and services that give a business a comparative advantage over its competitors. DATA INFORMATION AND ITS ATTRIBUTES D:Projectsken pptslides imageslaudonf01-02.gif Data: Streams of raw facts representing events such as business transactions Information: Clusters of facts those are meaningful and useful to human beings in the processes such as making decisions The Features / Attributes / Characteristics of Information Improves representation of an entity Updates the level of Knowledge Has a surprise value Reduces uncertainty Aids in decision making Three activities in an information system produce the information that organizations need to make decision, control operations, analyze problem and create new products or services. These activities are input, processing and output. Input Captures or collects raw data from within the organization of from its external environment. Processing converts this raw input into a meaningful form. Output transfers the processed information to the people who will use it or to the activities for activities for which it will be used. Information system also require feedback, which is output that is returned to appropriate members of the organization to help them evaluate or correct the input stageD:Ken ppt -Rituch2imageslaudonf01-03.gif CLASSIFICATION OF THE INFORMATION The information can be classified in a number of ways provide to a better understanding. John Dearden of Harvard University classifies information in the following manner. Action Versus No-action Information Recurring Versus Non-recurring information Internal Versus External Information Planning Information Control Information Knowledge Information Organizational Information Database information Functional or Operational information Action Versus No-action Information: The information which induces action is called as action information. The information which communicates only the status of a situation is a no-action information. No stock report calling a purchase action is an action information but the stock ledger showing the store transactions and the stock balance is a No-action information. Recurring versus non recurring information: The information generated at regular intervals is recurring information. The monthly sales reports, the stock statements, the trial balance, etc are recurring information. The financial analysis or the report on the market research study is non recurring information. Internal versus External information: the information generated through the internal sources of the organization is termed as an internal information, while the information generated through the government reports, the industry surveys, etc is termed as an external information, as the sources of the data are outside the organization. Planning information: certain standards, norms and specification are used in the planning of any activity. Hence, such information is called the planning information. The time standards, the operational standards, the design standards are the examples of the planning information. Control information: Reporting the status of an activity through a feedback mechanism is called the control information. When such information shows a deviation from the goal or the objective, it will induce a decision or an action leading to control. Knowledge Information: A collection of information through the library reports and the research studies to build up a knowledge base as an information source for decision making is known as knowledge information. Such a collection is not directly connected to decision making, but the need of knowledge is perceived as a power or a strength of the organization. Organization Information: When the information is used y everybody in the organization, it is called as organization information. Database Information: When the information has a multiple use and application, it is called the database information Functional or the operational information: When the information is used in the operations of a business it is called functional or the operational information. Module 2 Transaction processing systems (TPS) are basic business systems that serve the operational level of the organization by recording the daily routine transactions required to conduct business, such as payroll and sales receipts. Transactional Processing system is a computerized system that performs and records the daily routine transactions necessary to conduct business. Examples of TPS are order entry system, cheque processing system, accounts receivable systems, accounts payable systems and ticket reservation systems. These systems help any company to conduct operations and keep track of its activities. TPS was first developed in the year 1950s in accounting departments of major corporations. It is the oldest type of information system and can be called as the work horse of the information system industry for the last 50 years.D:Ken ppt -Rituch2imageslaudonf02-02.gif The principal purpose of systems at this level is to answer routine questions and to track the flow of transactions through the organization. How many parts are in inventory? What happened to Mr. Williams payment? To answer these kind of questions, information generally must be easily available, current, and accurate. At the operational level, tasks resources, and goals are predefined and highly structured. The decision to grant credit to a customer, for instance, is made by a lower level supervisor according to predefined criteria. All that must be determined is whether the customer meets the criteria H:mis10eimagesimg02_06.jpg The figure illustrated beside is transaction processing system. Managers need TPS to monitor the status of internal operations and the firms the external environment. TPS are also major producers of information for the other types of system TPS are often so central to a business that TPS failure for few hours can lead to a firms demise and perhaps that of other firms linked to it. Imagine what would the airlines do without their computerized reservation system? Transaction processing is the set of procedures for handling the transactions. Common Activities in transaction processing include: Calculation Classification Sorting Storage Summarization Types of Functional categories of TPS Systems D:Ken ppt -Rituch2imageslaudonf02-04.gif Management Information System The MIS has More than one Definition, some of which are given below: The MIS is defined as a system which provides information support for decision making in the organization. The MIS is defined as an integrated system of man and machine for providing the information to support the operations, the management and the decision making function in the organization. The MIS is defined as a system based on the database of the organization evolved for the purpose of providing information to the people in the organization. The MIS is defined as a computer based information system. It serve middle managers interests by providing current and historical performance information to aid in planning, controlling, and decision making at the management level. MIS typically compress TPS data to present regular reports on the companys basic operations. Middle Management needs systems to help with monitoring, controlling, decision making, and administrative activities. The principal question addressed by such systems is this: Are things working well? In any organization, small or big, a major portion of the time goes in data collection processing, documenting and communication it to the people. Hence, a major portion of the overheads goes into this kind of unproductive work in the organization. Every individual in an organization is continuously looking for some information which is needed to perform his / her task. Hence, the information is people oriented and it varies with the nature of the people in t he organization. Role of the Management Information System. The system ensures that an appropriate data is collected for the various sources, processed and sent further to all the need destinations. The system is expected to fulfill the information needs of an individual, a group of individuals, the management functionaries: the managers and the top management. The MIS satisfies the diverse needs through a variety of systems such as query systems, analysis system, modeling systems and decision support system MIS helps in strategic planning , management control, operational control and transactional processing The MIS helps the clerical personnel in the transaction processing and answers their queries on the data pertaining to the transaction, that status of a particular record and references on a variety of documents The MIS plays the role of information generation, communication, problem identification and helps in the process of decision making. The MIS, therefore, plays a vital role in the management, administration and operations of an organization. Decision Support systemH:mis10eimagesimg02_08.jpg DSS is an interactive computer based system which facilitates the solution of unstructured problem. Scott Morton Defined Decision Support system as Interactive computer based systems, which help decision makers utilize data and models to solve unstructured problem It supports non routine decision making for middle management. They focus on problems that are unique and rapidly changing, for which the procedure for arriving at a solution may not be fully predefined in advance. They try answering questions such as these: what would be the impact on production scheduled if we were to double sales in the month of December? What would happen to our return on investment if a factory schedule were delayed for six months? Although DSS are internal information from TPS and MIS they often bring in information from external sources, such as current stock prices or product prices of competitors. These systems use a variety of models to analyze data, or they condense large amounts of data into a form in which decision makers can analyze them. DSS Characteristics of DSS Ability to support the solution of complex problem Fast response to unexpected situations that result in changed inputs Designed to help support decisions that are formulated as semi structured, complex problems May be constructed to support one time decisions DSS is typically designed for either a particular decision maker or a group of decision makers Allows the decision makers to interact in a natural manner due to careful design of the interface It is a way to organize information intended for use in decision making Ability to quickly and objectively try different strategies under different configurations Other Characteristics: Cost Savings Improving managerial effectiveness Extensive range of support to management Support of individual / group Graphic Display Designed and run managers; incorporated data and models Attributes of Decision Support system Flexibility: The system are flexible so that any semi structured or unstructured decision making sitation can be tackled with ease and speed Simple models: The systems use simple models of decision making. The only change is that a different set of information is sought for the use of different models. The choice of a model depends upon the complexity of decision making Database: the decision support system needs database(s). The system calls for several inputs from database(s) from decision making. The use of information being common, input to the system is from the database Types of Decision Support System Status inquiry system: The number of decisions in the operational management and some at the middle management are such that they are based on one or two aspects of a decision making situations. It does not call for any elaborate computations, analysis, choice, etc. for decision making. If the status is known, the decision is automatic, i.e., the status and solution is unique relation Data analysis system: These Decision systems are based on comparative analysis, and use of a formula or an algorithm. But these processes are not structured and, therefore vary. The cash flow analysis, the inventory analysis and the personal inventory system are examples of the analysis systems. The use of simple data processing tools and business roles are required to develop this system. Information analysis system: In this system, the data is analyzed and information reports are generated. The reports might be having exceptions as a feature. The decision makers use these reports for assessment of the situation for decision making. The sales analysis, the accounts receivable systems, the market research analysis, the MRP systems are examples of the systems. Accounting System: These systems are not necessarily required for decision making but they are desirable to keep track of the major aspects of the business or a function. The contents of these systems are more data processing leading to formal reporting, with exceptions, if necessary. These systems account items such as cash, inventory, personnel and so on and relate it to a norm or norms developed by the management, for control and decision Model based systems: These systems are simulation model or optimization models for decisions making. These decisions, generally, are one time and infrequent and provide general guidelines for operation or management, the product mix decision, the material mix, the job scheduling rules, and the resource or asset or facilities planning systems are the examples. Executive Support System These are management information systems tailored to benefit the strategic information needs of the top management / senior executive. ESS summarizes and presents data at the highest levels of aggregation. Usually, they involve presenting reports in standard formats and they often involve graphics. ESS is the newest of the five categories of MIS. They have had the least acceptance of the five types. The reason being that most executives started their careers prior to widespread use of computer. Executive Support systems provide critical information from a wide variety of internal and external sources in easy to use displays to executives and managers. For example, top executive may use touch screen terminals to instantly view text and graphics displays that highlight key areas of organizational and competitive performance What are the characteristics of MIS? How do MIS differ from TPS? From DSS? MIS supports the management level by providing routine summary reports and exception reports for various purposes, including planning, controlling, and decision making. Examples include sales and profit per customer and per region, relocation summary and analysis, inventory control, capital investment analysis, and even a report on students who were here in the autumn but did not to return in the spring. MIS differs from TPS in that MIS deals with summarized and compressed data from the TPS and sometimes analysis of that summarized data. Decision-support systems provide material for analysis for the solution of semi-structured problems, which often are unique or rapidly changing. Typically, they provide the ability to do what if analysis. While MIS have an internal orientation, DSS will often use data from external sources, as well as data from TPS and MIS. DSS supports right now analysis rather than the long-term structured analysis of MIS. MIS are generally not flexible and provide little analytical capabilities. In contrast, DSS are designed for analytical purposes and are flexible. What are the characteristics of DSS? How do they differ from those of ESS? DSS provide sophisticated analytical models and data analysis tools to support semi structured and unstructured decision-making activities. DSS use data from TPS, MIS, and external sources, provide more analytical power than other systems, combine data, and are interactive. ESS support senior managers with unstructured strategic-level decision making. They may be less analytical than DSS with less use of models such as linear programming or forecasting. However, they often rely on external data and rely heavily on graphics. Describe the relationship between TPS, office systems, KWS, MIS, DSS, and ESS. The various types of systems in the organization exchange data with one another. TPS are a major source of data for other systems, especially MIS and DSS. TPS are operational-level systems that collect transaction data. Examples of these are payroll or order processing that track the flow of the daily routine transactions that are necessary to conduct business. TPS provide data that are required by office systems, KWS, MIS and DSS, although these systems may also use other data. KWS and office systems not only use data from TPS but also from MIS. DSS not only use data from TPS but also from KWS, office systems, and MIS. MIS rely heavily on data from TPS but also use data from KWS and office systems. ESS obtains most of their internal data from MIS and DSS.

Bad Choices Essay -- essays research papers

Bad Choices Choices, everyone goes through them sometimes you make good ones and sometimes you make bad ones. In my case I’ve mad a lot of bad choices in my Junior year of High School. I’ve learned the hard way about making bad choices, lying, and being disrespectful to my family. In some ways I think learning the hard way was good for me, otherwise I might not have learned at all. After being in trouble and experiencing the worst of my past high school years, I have new motivation to get everything straight with my life. August 28th was the first day I decided to stay home from school and the start of my long and dreadful skipping school experience. I had no logical reason for not going to school, I just didn’t care at the time and needed a reality check. After the first couple days of not going to school it became a â€Å"I don’t care† and â€Å"One more day wont hurt† mentality. I was ditching 2 to 3 days a week in the beginning of the third week of school. On October the first I skipped school once again and surprisingly my mom showed up unexpectedly at home and got a notice from the school about my excessive absences at school. My mom was outraged and disappointed. When I got home, choked up embarrassed and feeling so stupid, I had to look into my moms eyes and tell her that I hadn’t been going to school and that I had lied to her about my grades and absences. I didn’t have a explanation for my mom or a excuse I told her straight out that I had no reason to and that she didn’...

Political Philosophy and User Responses Essay

1. The belief that a person’s fate can be closely attributed to his or her own efforts is KNOWN AS ________ AND IS FUNDAMENTAL TO THE AMERICAN DREAM. a. populism b. equality c. individualism d. republicanism e. fatalism Grade: 1 User Responses: c. individualism Feedback: 2. Which of the following attributes is associated with capitalism, the economic system in America? a. Government should be involved in protecting the health of the financial industry over individual citizens’ rights. b. Government should allow the market economy to be free and unrestricted. c. Government should not obstruct individuals’ efforts to obtain property. d. Government should promote equality only to those who were born in the country. e. The national government should become more involved in state politics. Grade: 1 User Responses: c. Government should not obstruct individuals’ efforts to obtain property. Feedback: 3. ________ often predict the degree and type of political participation, which shapes political culture. a. Political values b. Demographic factors c. Community-oriented economics d. Individual incentives e. Group dynamics Grade: 0 User Responses: a. Political values Feedback: 4. Belief in which of the following ideals is part of the core of American political culture? a. Allegiance to parental homeland b. Strength in diversity c. Caste system d. Foreign diplomacy e. Government intervention Take the Chapter 02 Exam Section: Intro to US Government F 2014 flanery,daniel Submitted:9/3/2014 1:38:33 AM Gradebook Grade: — Questions Attempted: 25/25 Submission No: 1/1 2 Grade: 0 User Responses: c. Caste system Feedback: 5. Which of the following is advocated by socialism, which emphasizes planned economies over free market economies? a. Government ownership of key industries b. Private jobs over public programs c. Higher taxes for the poorest citizens d. Financial rewards for productivity e. Government investment in large corporations Grade: 1 User Responses: a. Government ownership of key industries Feedback: 6. Each individual’s political beliefs are rooted in ________ and ________. a. ideals; values b. core beliefs; experiential learning c. core beliefs; political attitudes d. partisan bias; values e. values; religion Grade: 0 User Responses: b. core beliefs; experiential learning Feedback: 7. Which of the following constitutes an element of the United States’ national political CULTURE? a. Belief that individualism hampers the overall strength of the country. b. The citizen class a man or a woman belongs to c. The notion that government is the basis for decisions that will affect all American citizens d. The idea that freedom is for those who earn it e. The rights and liberties citizens have Grade: 0 User Responses: a. Belief that individualism hampers the overall strength of the country Feedback: Take the Chapter 02 Exam Section: Intro to US Government F 2014 flanery,daniel Submitted:9/3/2014 1:38:33 AM Gradebook Grade: — Questions Attempted: 25/25 Submission No: 1/1 3 8. Communitarianism refers to a set of beliefs with a long history of impacting political culture in the United States. Communitarianism emphasizes the importance of ______ __. a. economic classes and communism b. agrarian practices c. limited government d. needs of the community over needs of the individual e. voting and democracy Grade: 0 User Responses: a. economic classes and communism Feedback: 9. In which way do Americans best express the essence of the American Dream? a. Their commitment to welfare programs b. Their universal support of limited government c. Their enthusiasm for capitalism d. By sending humanitarian aid overseas e. By regularly voting in elections Grade: 0 User Responses: d. By sending humanitarian aid overseas Feedback: 10. The term that refers to widely shared ideas about who should govern, toward what ends, and by what means is ________. a. subculture b. fundamentalism c. ideology d. political culture e. demography Grade: 1 User Responses: d. political culture Feedback: 11. What is the natural outcome of the United States’ history of immigration? a. A decline in diversity caused by the immigration rate b. Substantial racial and ethnic diversity in the American population c. The foreign-born form the majority of the U. S. population d. Domination by foreign countries e. Substantial racism and anti-immigrant feelings in the majority of the American population Take the Chapter 02 Exam Section: Intro to US Government F 2014 flanery,daniel Submitted:9/3/2014 1:38:33 AM Gradebook Grade: — Questions Attempted: 25/25 Submission No: 1/1 4 Grade: 1 User Responses: b. Substantial racial and ethnic diversity in the American population Feedback: 12. A belief in free markets, limited government, and self-reliance in economic affairs, combined with a belief in tradition, law, and morality in social affairs are values upheld by ________. a. socialists b. the modern Republican Party c.the Republican party historically d. modern libertarianism e. the Communist Party historically Grade: 0 User Responses: d. modern libertarianism Feedback: 13. A belief that individuals can provide stronger chances for economic and personal betterment for their children, if not for themselves, is part of the ________. a. American Dream b. Communist Manifesto c. American exceptionalism d. expectations of society e. American socialization Grade: 1 User Responses: a. American Dream Feedback: 14. Which of the following generally ensures that government follows the will of the people in a democratic system? a. Lobbying b. Elections c. Interest groups d. Initiatives e. Opinion polls Grade: 1 User Responses: b. Elections Feedback: Take the Chapter 02 Exam Section: Intro to US Government F 2014 flanery,daniel Submitted:9/3/2014 1:38:33 AM Gradebook Grade: — Questions Attempted: 25/25 Submission No: 1/1 5 15. One factor that has helped reduce political conflict over economic inequality in the United States is the strong belief in ________. a. equality of personal opportunity and individualism b. fate c. the promise of global competition for creating economic equality d. a strong work ethic creating equal rewards e. strong government intervention. Grade: 1 User Responses: a. equality of personal opportunity and individualism Feedback: 16. Most Americans would acknowledge that those with greater resources and connections to government officials are more likely to ________. a. participate in politics and be represented in government b. participate in a revolution c. become distrustful of the government d. be white-collar workers e. provide fewer opportunities to their kids than they had Grade: 1 User Responses: a. participate in politics and be represented in government Feedback: 17. While no single religion represents all Americans’ belief system, most of the FOUNDING POPULATION OF THE UNITED STATES WAS________, WHICH HAS HAD LASTING EFFECTS ON THE LAWS AND POLITICAL CULTURE IN AMERICA. a. Jewish b. Muslim c. Catholic d. Protestant e. Pentecostal Grade: 0 User Responses: c. Catholic Feedback: 18. The fastest growing ethnic group in the United States is ________. a. Pacific Islanders b. Asian Americans c. African Americans d. Caucasians e. Hispanics Take the Chapter 02 Exam Section: Intro to US Government F 2014 flanery,daniel Submitted:9/3/2014 1:38:33 AM Gradebook Grade: — Questions Attempted: 25/25 Submission No: 1/1 6 Grade: 0 User Responses: b. Asian Americans Feedback: 19. Income ________ between the classes in the United States has risen steadily since the 1920s. a. caste system b. acquisition c. inflation d. inequality e. disbursement Grade: 1 User Responses: d. inequality Feedback: 20. Voters sharing any particular political belief have the greatest chance of shaping policy when they are ________. a. inspired b. registered c. canvassing d. dispersed e. concentrated Grade: 0 User Responses: b. registered Feedback: 21. Culture refers to ________. a. a series of expectations of a political system b. basic values about participating in a society c. a predisposition about participation in a group or a political system d. a way of thinking or a mode of behavior common to a group e. beliefs about a political system Grade: 0 User Responses: e. beliefs about a political system Feedback: Take the Chapter 02 Exam Section: Intro to US Government F 2014 flanery,daniel Submitted:9/3/2014 1:38:33 AM Gradebook Grade: — Questions Attempted: 25/25 Submission No: 1/1 7 22. The right to own private property is ________. a. more attainable for middle-income citizens in Europe b. not very important to most Americans c. guaranteed by the Constitution d. one of the economic incentives that motivates Americans to embrace capitalism e. only for those with wealth Grade: 0 User Responses: c. guaranteed by the Constitution Feedback: 23. Concerns about the level of_______ and its impact on regional politics and social cohesion from the 1920s to the 1950s resulted in many restrictions of ________ to the United States. a. immigration; entry b. education; immigration c. trade; economic growth d. terrorism; travel e. health regulations; entry Grade: 1 User Responses: a. immigration; entry Feedback: 24. A person who opposes government regulation of business is likely to be a ________. a. liberal b. communist c. socialist d. Green Party member e. conservative Grade: 1 User Responses: e. conservative Feedback: 25. The strength of the economy is directly tied to the monetary value of all goods and services produced in a nation each year, which is called the ________. a. mass production factor b. gross domestic product c. poverty line d. median household income e. Gini coefficients for the economy Take the Chapter 02 Exam Section: Intro to US Government F 2014 flanery,daniel Submitted:9/3/2014 1:38:33 AM Gradebook Grade: — Questions Attempted: 25/25 Submission No: 1/1.

Public Ruling

INLAND REVENUE BOARD MALAYSIA INCOME FROM LETTING OF REAL PROPERTY PUBLIC RULING NO. 4/2011 Translation from the original Bahasa Malaysia text DATE OF ISSUE: 10 MARCH 2011 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA CONTENTS 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 11. 14.Introduction Related provisions Interpretation Letting of real property as a business source Letting of real property as a non-business source Commencement date of letting of property All real properties grouped as a single source Expense relating to income of letting of real property Rental income received in advance Capital allowance Industrial building allowance Replacement cost of furnishings Letting of part of building used in the business Effective Date Page 1 1 1 1-4 4-5 5-7 7 – 13 13 – 19 19 – 22 22 – 25 26 26 26 26DIRECTOR GENERAL'S PUBLIC RULING A Public Ruling as provided for under section 138A of the In come Tax Act 1967 is issued for the purpose of providing guidance for the public and officers of the Inland Revenue Board Malaysia. It sets out the interpretation of the Director General of Inland Revenue in respect of the particular tax law, and the policy and procedure that are to be applied. A Public Ruling may be withdrawn, either wholly or in part, by notice of withdrawal or by publication of a new ruling which is inconsistent with it.Director General of Inland Revenue, Inland Revenue Board Malaysia. INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA 1. This Ruling explains: (a) (b) Letting of real property as a business source under paragraph 4(a) of the Income Tax Act 1967 (ITA); and Letting of real property as a non-business source under paragraph 4(d) of the ITA. 2. The provisions of the ITA related to this Ruling are paragraphs 4(a) and 4(d), subsections 33(1) and 39(1). The words used in this Ruling hav e the following meaning: 3. â€Å"Arm's length basis† refers to the circumstances, decisions or outcomes that would have been arrived at if unrelated or unconnected persons were to deal with each other wholly independently and out of reach of personal influence . â€Å"Real property† includes any land and any interest, option or other right in or over such land and includes any building on land. â€Å"Person† includes a company, a co-operative society, a partnership, a club, an association, a Hindu joint family, a trust, an estate under administration and an individual, but excludes a unit trust. Letting of real property† means granting the use of a real property or occupation of a real property under an agreement or a term of contract and includes the letting out of part of the real property that is owned or rented. â€Å"Management corporation† means a management corporation established under the Strata Titles Act 1985 (Act 318), the Land (Subsidi ary Title) Enactment 1972 (Sabah No. 9 of 1972) or the Strata Titles Ordinance 1995 (Laws of Sarawak, Chapter 18). Rent† or â€Å"rental income† or â€Å"income from letting† includes any amount received for the use or occupation of any real property or part thereof including premiums and other receipt in connection with the use or occupation of the real property. â€Å"Related company† means the situation where one company holds not less than 20% of the ordinary shares or preference shares of the other. 3. 3. 2 3. 3 3. 4 3. 5 3. 6 3. 7 4. Letting of real property as a business source 4. 1 Letting of real property is deemed as a business source and the income received from it is charged to tax under paragraph 4(a) of the ITA ifIssue: B Page 1 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA maintenance services or support services are provided in relation to the real property. 4. 2 Maintenance services or support services should be comprehensively and actively provided. 4. 2. 1 Maintenance services or support services comprehensively provided means services which include: (a) doing generally all things necessary (eg. leaning services or repairs) for the maintenance and management of the real property such as the structural elements of the building, stairways, fire escapes, entrances and exits, lobbies, corridors, lifts/escalators, compounds, drains, water tanks, sewers, pipes, wires, cables or other fixtures and fittings; and doing generally all things necessary for the maintenance and management of the exterior parts of the real property such as playing fields, recreational areas, driveways, car parks, open spaces, landscape areas, walls and fences, exterior lighting or other external fixtures and fittings; or b) If a person only provides security services or other facilities, that person is not providing maintenance services or support services comprehens ively. 4. 2. 2 Services actively provided means the person who owns or lets out the real property: (a) (b) provides himself; or hires another person or another firm to provide the maintenance services or support services as mentioned under paragraph 4. 2. 1 of this Ruling. Example 1: Suai Sdn Bhd owns three blocks of condominium consisting of 324 units and lets out those units to tenants.Suai Sdn Bhd provides maintenance services of lift, cleaning services, security services, centralized air conditioner and maintenance services of playing fields and car parks. The letting of the condominium units is treated as a business source of Suai Sdn Bhd since maintenance services and support services are comprehensively and actively provided by Suai Sdn Bhd. Issue: B Page 2 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA Example 2: Wahida owns a 4-storey building consisting of 32 units that can be used as offices a nd shop lots.All the units are let out to several tenants. Wahida hires Ali Enterprise to provide maintenance services of the structure of the building, maintenance of lift and cleaning services of the building and area outside the building. The letting of the units in the building is treated as a business source of Wahida since maintenance services and support services are comprehensively and actively provided by Wahida. Example 3: Yes Property Sdn Bhd rents one block of office building consisting of 42 units from Zura Sdn Bhd. All the units are let out to a few tenants.Yes Property Sdn Bhd provides cleaning services of the building and area outside the building, centralized air conditioner, maintenance of car park and security services. The letting of the office units is treated as a business source of Yes Property Sdn Bhd since maintenance services and support services are comprehensively and actively provided by Yes Property Sdn Bhd. 4. 3 As long as maintenance services or suppo rt services are comprehensively and actively provided in relation to the real property which is let out, the letting is a business source under paragraph 4(a) of the ITA even though the letting is between related parties.However, if rental charged to the tenant is not at arm’s length basis, the Inland Revenue Board Malaysia would adjust the rental payment accordingly. For the purpose of this Ruling, â€Å"related parties† in relation to: (a) (b) (c) individuals, mean both individuals are related; companies, mean both companies are related companies; a company and an individual, mean one of the parties is in a position to influence or be influenced by the other party, or to control or be controlled by the other party. . 4 Special treatment for letting of a building to an approved Multimedia Super Corridor (MSC) status company Under the Income Tax (Industrial Building Allowance) (Approved Multimedia Super Corridor (MSC) Status Company) Rules 2006 [P. U. (A) 202/2006], ef fective from the year of assessment 2006, the letting of building in the Issue: B Page 3 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIACyberjaya Flagship Zone to an approved MSC status company is regarded as carrying on a business and the income received from it is charged to tax under paragraph 4(a) of the ITA. The building let out: has to be a new building that provides a world-class physical and information infrastructure as determined by the Multimedia Development Corporation Sdn Bhd; must not have been occupied by any company prior to the year of assessment 2006; and does not include building for the purpose of living accommodation. 5. Letting of real property as a non-business source 5. The letting of real property is treated as a non-business source and income received from it is charged to tax under paragraph 4(d) of the ITA if a person lets out the real property without providing maintenance ser vices or support services comprehensively and actively. Example 4: Unggas Property Sdn Bhd lets out one block of office building to a company. Unggas Property Sdn Bhd only provides security services. The letting of the office building is treated as non-business source since Unggas Property only provides security services.Unggas Property Sdn Bhd does not provide maintenance services or support services comprehensively. Example 5: Azran Sdn Bhd lets out a 5-storey building to Aloy Sdn Bhd without providing any maintenance services or support services. The letting of the building is a non-business source since there are no maintenance services or support services provided by Azran Sdn Bhd. Income received from the letting is charged to tax as rental income under paragraph 4(d) of the ITA. Example 6: Facts are the same as in example 3 but maintenance services and support services are provided by Zura Property Sdn Bhd.The letting of the office units is treated as a non-business source of Yes Property Sdn Bhd since maintenance services and support services are not provided by Yes Property Sdn Bhd but are provided by Zura Sdn Bhd. Issue: B Page 4 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA 5. 2 The letting of real property is also treated as a non-business source if a person lets out the real property and maintenance services or support services are passively derived from the ownership of the real property.Income received from the letting of the real property is charged to tax as rental income under paragraph 4(d) of the ITA. Example 7: Azrie owns 2 units of apartment and lets out those units to 2 tenants. The tenants are entitled to use the swimming pool, tennis court and other facilities that are provided in the apartment. All the facilities are provided and maintained by the management corporation of the apartment. Azrie only pays maintenance fees to the management corporation of th e apartment. Services enjoyed by the tenants are merely an extension of Azrie’s right as proprietor of the apartment units and are not actively provided by Azrie.Therefore, the letting of the apartment units is a non-business source and the income received from it is charged to tax as rental income under paragraph 4(d) of the ITA. 6. Commencement date of letting of real property 6. 1 The date of commencement of letting of real property treated as a source of rental income under paragraph 4(d) of the ITA is on the date the real property is rented out for the first time. Example 8: Nora buys one unit of apartment on 1. 10. 2009. She renovates and advertises the letting of the apartment on 1. 1. 2010. The apartment is only let out on 1. . 2010. The letting of the apartment commences on 1. 7. 2010 i. e on the date it is rented out for the first time. 6. 2 The date of commencement of letting of real property treated as a business source under paragraph 4(a) of the ITA is on the da te the real property is made available for letting. A real property is made available for letting when the real property is ready to be occupied by tenants and steps to let out the real property have been taken such as advertising the real property for letting or appointing a real property agent to facilitate the letting.Example 9: Muhibbah Sdn Bhd purchases a 12-storey office building on 1. 1. 2010. The company advertises the letting of that building on 1. 4. 2010. The Company provides maintenance services of lift, cleaning services of the building and Issue: B Page 5 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA area outside the building, maintenance services of car park for that building and centralized air conditioner. The building is made available for letting on 1. 6. 2010 after renovation is completed. The building is only let out on 1. 8. 010. The company closes its account on 31 December every year. The letting of the building commences on 1. 6. 2010 i. e on the date the building is made available for letting. Example 10: Facts are the same as in example 9 but the building is only let out on 1. 1. 2011. The letting of the building commences on 1. 6. 2010 that is on the date the building is available for letting. Therefore expenses incurred in the production of rental income for the year of assessment 2010 are allowable and can be carried forward to the year of assessment 2011 (assuming that the company only has this rental business income).However advertisement expenses incurred on 1. 4. 2010 are not allowable since the expenses are incurred to obtain the first tenant. Example 11: Syazril Property Sdn Bhd owns a complex consisting of an office building in Block A and a shopping centre in Block B. The company provides comprehensively and actively maintenance services and support services in relation to the complex. The company advertises the letting of that complex on 1. 6 . 2010. The office building in Block A is made available for letting and is let out on the same date i. 1. 7. 2010. Whereas the shopping centre in Block B is made available for letting on 1. 1. 2011 but is only let out on 1. 2. 2011. The company closes its account on 31 December every year. The letting of the office building commences on 1. 7. 2010. Whereas the letting of the shopping complex commences on 1. 1. 2011 i. e on the date it is made available for letting. Example 12: Kengo Sdn Bhd purchases a 10-storey office building in Kuala Lumpur, a shopping complex in Johor Bahru and 5 units of shop house in Kota Bharu in the year 2010.Both buildings in Kuala Lumpur and Johor Bahru are let out and maintenance services and support services are comprehensively and actively provided in relation to those buildings. Whereas the shop houses are let out without maintenance services and support services. The date of advertisement, the date the real properties are made available for letting a nd the real properties are let out are as follows: Issue: B Page 6 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 Advertisement date 1. . 2010 1. 8. 2010 1. 9. 2010 Date available for letting 1. 9. 2010 1. 11. 2010 1. 11. 2010 Date of letting 1. 12. 2010 1. 1. 2011 1. 2. 2011 INLAND REVENUE BOARD MALAYSIA Real property Building in Kuala Lumpur Building in Johor Bahru Shop houses in Kota Bharu The commencement date of letting of the building is as follows: Real properties Rental business [paragraph 4(a)] Building in Kuala Lumpur Building in Johor Bahru Rental [paragraph 4(d)] Shop houses in Kota Bharu 7. All real properties grouped as a single source 7. Several real properties which are let out can be grouped as one source whether as a business source under paragraph 4(a) of the ITA or a nonbusiness source under paragraph 4(d) of the ITA. If a person lets out several real properties in a year of assessment and the letting of (a) (b) a ll real properties is a business source, all the real properties can be grouped as one business source under paragraph 4(a) of the ITA. all real properties is a non-business source, all the real properties can be grouped as one non-business source under paragraph 4(d) of the ITA. ome of the real properties is a business source and some is a nonbusiness source, income from both sources shall be assessed separately. The income from the business source and the nonbusiness source is assessed under paragraphs 4(a) and 4(d) of the ITA respectively. 1. 2. 2011 1. 9. 2010 1. 11. 2010 Date of commencement of letting (c) Issue: B Page 7 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA Example 13: AJ Sdn Bhd owns a 4-storey building in Damansara and a 6-storey building in Bangsar.Both buildings are let out since 2008 and the letting of the buildings is treated as a business source under paragraph 4(a) of the ITA. The gross income, allowable expenses and capital allowances on the furniture in each building for the year of assessment 2010 are as follows: Real property Gross income (RM) 60,000 10,000 70,000 Allowable expenses (RM) 14,000 12,000 26,000 Capital allowances (furniture) (RM) 7,000 3,000 10,000 Building in Damansara Building in Bangsar Total The letting of both real properties is a business source.Therefore, both real properties can be grouped as one business source under paragraph 4(a) of the ITA. The statutory income of AJ Sdn Bhd from the business of letting of real property for the year of assessment 2010 is calculated as follows: (RM) Gross income from rental Less: Allowable expenses Adjusted income Less: Capital allowances (furniture) Statutory income from rental Example 14: Margaret owns several real properties which are let out since 2008 and the letting of the real properties is a non-business source under paragraph 4(d) of the ITA.The gross income and allowable expenses for ea ch real property for the year of assessment 2010 are as follows: 70,000 26,000 44,000 10,000 34,000 Issue: B Page 8 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 Gross income (RM) 12,000 9,000 24,000 1,500 46,500 Allowable expenses (RM) 3,000 11,000 8,000 1,800 23,800 INLAND REVENUE BOARD MALAYSIA Real property Terrace house Apartment Shop house Vacant land TotalStatutory income of Margaret from the letting of real property for the year of assessment 2010 is calculated as follows: (RM) Gross income from rental Less: Allowable expenses Statutory income from rental Example 15: Theodore Lim buys an office building and a business building in Taman Anggerik, Ampang in August 2009. The purchases of both buildings are financed by a bank loan. The office building is rented out commencing from 1. 1. 2010 whereas the business building is only rented out on 1. 2. 2011. Income from the letting of both buildings is assessed as a business source under paragraph 4(a) of the ITA.The gross income and interest expense on loan for each building for the years of assessment 2010 and 2011 are as follows: Gross income (RM) Year of assessment 2010 Office building Business building 120,000 Year of assessment 2011 120,000 165,000 Interest expense (RM) Year of assessment 2010 45,000 55,000 Year of assessment 2011 40,000 50,000 46,500 23,800 22,700 Real property Issue: B Page 9 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIAIn the year of assessment 2010, the business building has not commenced as a source because no income has been generated yet. As such, the business building and office building cannot be aggregated as one source. Interest expense in relation to the business building amounting to RM55,000 is not allowed a deduction against the gross income from the letting of office building. The statutory income from rent for the year of assessment 2010 is computed as follows: (RM) Gross income from rental [paragraph 4(a)] Less: Interest expense Statutory income from rental 120,000 45,000 75,000Note: If rental income from office building and business building is assessed as a non-business source under paragraph 4(d) of the ITA, the same tax treatment applies. In the year of assessment 2011, the business building can be grouped with the office building as one source as the business building constitutes a source once it has generated income. Although the business building is only rented out on 1. 2. 2011, the whole interest expense amounting to RM50,000 is allowed a deduction since the rental business source for the year of assessment 2011 exists from 1. . 2011. The statutory income from rent for the year of assessment 2011 is computed as follows: (RM) Gross income from rental (paragraph 4(a)) Less: Interest expense Statutory income from rental 285,000 90,000 195,000 Note: If rental income from office building and business building is a ssessed as a non-business source under paragraph 4(d) of the ITA, interest expenses in respect of the business building has to be adjusted according to the period the building is let out. Therefore interest expense in respect of the period from 1. 1. 011 to 31. 1. 2011 is not allowable. Example 16: Facts are the same as in example 13 with an additional information i. e AJ Sdn Bhd owns and lets out a residential house and one unit of apartment. The Issue: B Page 10 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA letting of the residential house and the apartment unit is a non-business source since maintenance services or support services are not provided. The company is not an investment holding company.The gross income, allowable expenses and capital allowances on the furniture in each building for the year of assessment 2010 are as follows: Real property – paragraph 4(a) source Gross income (RM) 6 0,000 10,000 70,000 Gross income (RM) 8,000 6,000 14,000 Allowable expenses (RM) 14,000 12,000 26,000 Allowable expenses (RM) 11,000 4,000 15,000 Capital allowances (furniture) (RM) 7,000 3,000 10,000 Capital allowances (RM) – Building in Damansara Building in Bangsar Total Real property – paragraph 4(d) source Residential house Apartment Total The letting of buildings in Damansara and Bangsar is a business source.Therefore, those buildings can be grouped as one business source under paragraph 4(a) of the ITA. Whereas the letting of residential house and apartment is a non-business source and can be grouped as one non-business source under paragraph 4(d) of the ITA. The total income of AJ Sdn Bhd for the year of assessment 2010 is computed as follows: (RM) (i) Statutory income from rental – paragraph 4(a) [70,000 – 26,000 – 10,000] (ii) Statutory income from rental – paragraph 4(d) [14,000 – 15,000] Aggregate income/Total income Issue : B Nil 34,000 Page 11 of 26 34,000INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA The adjusted loss from non-business source amounting to RM1,000 cannot be deducted against statutory income from business of letting and is not allowed to be carried forward to subsequent years of assessment. 7. 2 If a person has a business source of letting of real property under paragraph 4(a) of the ITA and a business source from other businesses in the same year of assessment, the business source of letting of real property has to be separated from the other business sources.Example 17: Syarikat MJ Sdn Bhd (SMSB) is carrying on a business of hardware wholesaler. SMSB owns a 4-storey building which is let out and provides maintenance services and support services comprehensively and actively. SMSB also owns a terrace house which is let out without providing maintenance services and support services. Income from letting of the 4storey building qualifies to be assessed as a business source (paragraph 4(a) of the ITA) whereas rental income from the terrace house is assessed as a non-business source (paragraph 4(d) of the ITA) for the year of assessment 2010.The gross income, allowable expenses and capital allowances on plant and machinery for each source of income of SMSB for the year of assessment 2010 are as follows: Source of income Adjusted income (RM) Adjusted loss (RM) Capital allowances (plant and machinery) (RM) Business of wholesale Letting of 4-storey building (paragraph 4(a) of the ITA) Letting of terrace house (paragraph 4(d) of the ITA) 100,000 – 10,000 15,000 5,000 – 3,000 – Issue: B Page 12 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIAThe total income of SMSB for the year of assessment 2010 is computed as follows: (RM) (RM) (i) Business of wholesale (paragraph 4(a) of the ITA) Adjusted income Less: Capital allowances (plant and machinery) Statutory income (ii) Letting of real property (paragraph 4(a) of the ITA) Adjusted loss Capital allowances (plant and machinery) Statutory income (iii) Letting of real property (paragraph 4(d) of the ITA) Adjusted loss Statutory income Aggregate income Less: Current year loss Total income (3,000) Nil 85,000 10,000 75,000 (10,000) 5,000 Nil 100,000 15,000 85,000Capital Allowances of RM5,000 in relation to the letting of real property under paragraph 4(a) of the ITA which cannot be absorbed in the year of assessment 2010 is carried forward to subsequent years of assessment. Adjusted loss from the letting of real property under paragraph 4(d) of the ITA amounting to RM3,000 cannot be deducted against the aggregate income and cannot be carried forward to subsequent years of assessment. 8. Expense relating to income of letting of real property 8. An expense wholly and exclusively incurred in the production of income under subsection 33(1) of the ITA and which does not fall under subsection 39(1) of the ITA is allowed as a deduction from income of business of letting of real property charged to tax under paragraph 4(a) of the ITA. Issue: B Page 13 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA 8. 2Expense which is allowed a deduction from income of letting of real property charged to tax under paragraph 4(d) of the ITA is the direct expense that is wholly and exclusively incurred in the production of income under subsection 33(1) of the ITA. Examples of direct expenses which are deductible from gross income of letting of real property are as follows: (a) Assessment and quit rent Annual assessment paid to the local authority and quit rent paid to the land office. b) Interest on loan Interest paid on loan taken to finance the purchase of real property which is rented out. (c) Fire insurance premium Fire insurance premium paid in relation to fire insurance policy taken on the real property which is rented out. (d) Expense on rent collection Rent collection fee and legal expense incurred to enforce rent collection. (e) Expense on rent renewal Expense incurred to renew tenancy or to change tenant. (f) Expense on repair Expense on ordinary repair to maintain the real property in its existing state. 8. Initial expense Initial expense is not allowed a deduction from income of letting of real property assessed under paragraph 4(a) or paragraph 4(d) of the ITA since that expense is incurred to create a source of rental income and not incurred in the production of rental income. Examples of such expense are cost to obtain the first tenant such as advertising cost, legal cost to prepare rental agreement, stamp duty and commission for real property agent. Example 18: Sarah Property Sdn Bhd buys an office building on 1. 9. 2009 to be let out.The company incurs RM600 to advertise the letting of the building on 1. 1. 2010 and legal cost amounting to RM1,800 paid to Reganathan & Co on 12. 2. 2010 for preparing rental agreement. The building is let out commencing from Issue: B Page 14 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA 1. 3. 2010 without providing maintenance services or support services. The letting of the office building is a non-business source and the rental income is taxable under paragraph 4(d) of the ITA.The advertising cost amounting to RM600 and the legal cost of RM1,800 are not allowed a deduction from income of letting of office building for the year of assessment 2010 as the expenses are incurred to obtain the first tenant. Example 19: Facts are the same as in example 18 except the building is made available for letting on 1. 2. 2010 and Sarah Property Sdn Bhd provides maintenance services of lift, security services, cleaning services and maintenance of centralized air conditioner.The letting of the office bui lding is a business source and the rental income is taxable under paragraph 4(a) of the ITA. The advertising cost amounting to RM600 and the legal cost of RM1,800 are not allowed a deduction from income of letting of office building for the year of assessment 2010 as the expenses are incurred to obtain the first tenant. 8. 4 Expenses during a period the real property is not rented out 8. 4. 1 Expenses incurred in relation to a real property during a period it is not rented out are not allowable in calculating the adjusted income from the letting of the real property.However, if the period the real property is not rented out occurs after it has been let out and it is clear that it is ready to be let out, then expenses during that period are allowable subject to subsections 33(1) and 39(1) of the ITA. Example 20: Farhan lets out a double-storey terrace house on 1. 1. 2010 for RM1,000 a month. On 1. 9. 2010 the tenant moves out and the house is let out to another tenant on 1. 12. 2010 for the same amount of rental. Assessment for a year is RM500 while quit rent is RM50 a year.The letting of the house is a non-business source and the rental income is taxable under paragraph 4(d) of the ITA. The adjusted income from rent for the year of assessment 2010 is computed as follows: (RM) Rental income (gross) Period of 1. 1. 2010 – 31. 8. 2010 (8 x RM1,000) Period of 1. 12. 2010 – 31. 12. 2010 8,000 1,000 9,000 (RM) Issue: B Page 15 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA Less: Assessment Quit rent Adjusted income from rent 00 50 550 8,450 As a concession, assessment and quit rent expenses are allowable in full even though the house is not rented out for the period of 1. 9. 2010 to 30. 11. 2010. 8. 4. 2 If the letting ceases temporarily due to the following circumstances: (a) (b) (c) (d) repair or renovation of the building; absence of tenants for a period of 2 years after termination of tenancy; legal injuction or other official sanction; or other circumstances beyond the control of the person who lets out the real property; xpenses for the period the real property is not let out are allowable provided that the real property is maintained in good condition and is ready to be let out. Example 21: Sinar Ria Sdn Bhd owns a 4-storey building which is let out to Deena Holding Bhd since 2008. The letting of the real property is treated as a business source. Sinar Ria Sdn Bhd closes its account on 31 December every year. On 31. 12. 2010, the letting of the building ends. The company makes an effort to obtain a new tenant but only manages to let out the building to another company on 1. 4. 013 (absence of tenants for a period of 27 months). Expenses during the absence of tenants deductible. Therefore the expenses for 31. 12. 2012 are allowable. However the 1. 1. 2013 to 31. 3. 2013 are not allowed a exceeds the specified period of 2 years. for a period of 2 years are the period of 1. 1. 2011 to expenses for the period of deduction since that period Issue: B Page 16 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA Example 22: Syarafina owns 2 houses which are let out since 2009.The rental income is assessed as a non-business source under paragraph 4(d) of the ITA. The gross income and allowable expenses for each real property for the years of assessment 2010 and 2011 are as follows: Gross income (RM) Assessment , quit rent and interest expense (RM) Year of assessment 2010 3,550 2,500 Year of assessment 2011 3,550 2,500 Real property Year of assessment 2010 House I House II 1 Year of assessment 2011 12,000 -1 12,000 9,600 House II was not rented out as the local authorities had given an instruction to vacate the house from 1. 1. 2011 to 31. 12. 011 so that the hill slopes could be monitored after a landslide had occurred at a nearby area. The house was rented out again on 1. 1. 2012. The statutory income from rent for the year of assessment 2010 is computed as follows: (RM) Rental income (paragraph 4(d)) Less: Allowable expenses Statutory income from rental 21,600 6,050 15,550 The statutory income from rent for the year of assessment 2011 is computed as follows: (RM) Rental income (paragraph 4(d)) Less: Allowable expenses Statutory income from rental Issue: B 12,000 6,050 5,950 Page 17 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. /2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA 8. 5 Expenses before real property is let out Expenses in respect of a period before the real property is let out is not deductible and have to be adjusted proportionately. Example 23: Michael lets out a shop house commencing from 1. 5. 2010 for RM2,500 a month. He pays annual assessment amounting to RM1,200, annual quit rent amounting to RM120 and fire insurance premium of RM600 for year 2010. The letting of the shop house is a non -business source and the rental income is taxable under paragraph 4(d) of the ITA.The adjusted income from rent for the year of assessment 2010 is computed as follows: (RM) Rental income (gross) Period of 1. 5. 2010 – 31. 12. 2010 (8 x RM2,500) Less: Expenses for period of 1. 5. 2010 – 31. 12. 2010 Assessment (8/12 x RM1,200) Quit rent (8/12 x RM120) Fire insurance premium (8/12 x RM600) Adjusted income from rent 8. 6 Restriction on interest expense If a person takes a loan for business purposes and to finance the purchase of real property that is let out, interest expense allowable against the business source has to be restricted under subsection 33(2) of the ITA.Interest expense on loan to finance the purchase of real property that is let out is deductible from rental income. Example 24: Azalea Property Sdn Bhd, a property development company closes its account on 31 December every year. On 9. 6. 2009 the company takes a loan of RM2 million from a bank for business p urposes and to finance the purchase of a bungalow costing RM450,000. The company claims an interest expense of RM120,000 in the profit and loss account for the year assessment 800 80 400 1,280 18,720 20,000 Issue: B Page 18 of 26INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA 2010. The bungalow is let out commencing from 1. 1. 2010 and income from letting of the bungalow is taxable under paragraph 4(d) of the ITA. Interest restriction is computed as follow: RM450,000 ——————- x RM 120,000 RM2,000,000 = RM27,000 The amount of RM27,000 is added back in arriving at the adjusted income from business of the company. However the company can claim interest expense of RM27,000 against income from the letting of the bungalow.Note: Since the cost of the bungalow does not exceed RM500,000, interest restriction under subsection 33(2) of the ITA is calculated based on the end-of-year balance in the balance sheets. 9. Rental income received in advance 9. 1 9. 2 Rental received in advance is treated as gross income for the basis period in which it is received. Where rental income received in advance is assessed in the basis period in which it is received, any expense incurred in relation to that rental income after that basis period is allowable in the basis period in which the income is assessed.Therefore amendment has to be done to the assessment for the year of assessment concerned. Example 25: Kelvin Ong lets out a double-storey terrace house for the period of 1. 1. 2010 to 31. 12. 2012. Rental for the three years amounting to RM36,000 is received in the year 2010. Expenses incurred on that house are as follows: Year ended Income/expenses 31. 12. 2010 (RM) Rental income Expenses 36,000 4,000 31. 12. 2011 (RM) 5,000 31. 12. 2012 (RM) 3,000 Issue: B Page 19 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND R EVENUE BOARD MALAYSIAThe adjusted income from rent for the year of assessment 2010 is computed as follows: Year of Assessment 2010 (RM) Rental income Less: Expenses Adjusted income Less: Expenses for a period ending 31. 12. 2011 Amended adjusted income Less: Expenses for a period ending 31. 12. 2012 Amended adjusted income 36,000 4,000 32,000 5,000 27,000 3,000 24,000 Expenses incurred in 2011 and 2012 are allowable against the rental income which is assessed in the year of assessment 2010. Therefore the assessment for the year of assessment 2010 has to be amended when the expenses are incurred in 2011 and 2012. . 3 In the case where there is more than one real property and rental income from one or several real properties is received in advance, expenses related to that source is deductible from other rental income in the basis period in which the expenses are incurred. This treatment is only applicable to rental income from real properties which are assessed as one source. Example 26: Fortune Sdn Bhd lets out 2 buildings commencing from 1. 1. 2010. The company receives rental for 3 years amounting to RM300,000 in 2010 in relation to the first building.The second building is let out for RM10,000 a month. The letting of both buildings is treated as a rental source under paragraph 4(d) of the ITA. Income received and the allowable expenses for the building are as follows: Issue: B Page 20 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA Year ended First building Income (RM) Expenses (RM) 20,000 15,000 18,000 Second building Income (RM) 120,000 120,000 120,000 Expenses (RM) 30,000 30,000 30,000 31. 12. 2010 31. 12. 011 31. 12. 2012 300,000 – The adjusted income from rental for the years of assessment 2010 to 2012 is computed as follows: Year of assessment 2010 (RM) Rental income Less: Expenses Adjusted Income 420,000 50,000 370,000 2011 (RM) 120,000 45,000 75,000 2012 (RM) 120,0 00 48,000 72,000 Example 27: Facts are the same as in example 26 but the letting of the first building is treated as a business source under paragraph 4(a) of the ITA whereas the letting of the second building is treated as non-business source under paragraph 4(d) of the ITA.The adjusted income from rental for the years of assessment 2010 to 2012 is computed as follows: Issue: B Page 21 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA Rental source under paragraph 4(a) of the ITA Year of assessment 2010 (RM) Rental income Less: Expenses Adjusted income Less: Expenses for a period ending 31. 12. 2011 Amended adjusted income Less: Expenses for a period ending 31. 12. 2012 Amended adjusted income 300,000 20,000 280,000 15,000 265,000 18,000 247,000Expenses incurred in the years of assessment 2011 and 2012 are allowed a deduction from rental income which is assessed in the year of assessment 2010. Therefore th e assessment for the year of assessment 2010 has to be amended when the expenses are incurred in 2011 and 2012. Rental source under paragraph 4(d) of the ITA Year of assessment 2010 (RM) Rental income Less: Expenses Adjusted income 120,000 30,000 90,000 2011 (RM) 120,000 30,000 90,000 2012 (RM) 120,000 30,000 90,000 10. Capital allowances 10. If the letting of real property is treated as a business source, capital allowances can be claimed on capital expenditure incurred on plant and machinery. The provisions in Schedule 3 of the ITA relating to capital allowances shall apply to the business of letting of real property. Issue: B Page 22 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA 10. 2 If the letting of real property is treated as a business source and the letting of real property ceases temporarily due to the circumstances mentioned in paragraph 8. . 2 of this Ruling, capital allowances can still be claimed in respect of the period the real property is not let out provided the real property is maintained in good condition and is made available for letting. Example 28: Saravanan Sdn Bhd let out a shop lots building since 2008. The letting is treated as business source. On 1. 4. 2010 the building is repaired and cannot be occupied until 31. 5. 2010. The building is only let out again on 1. 6. 2010. Capital allowances claimed for the year of assessment 2010 is RM30,000. Even though the letting of shop lot building ceases from 1. . 2010 to 31. 5. 2010, the whole amount of capital allowances of RM30,000 can be claimed in the year of assessment 2010 since the letting ceases temporarily due to the repair of the building. Example 29: Harris Property Sdn Bhd owns a 5-storey building which is let out to Fetty Holding Bhd since 2007. The letting of the real property is treated as business source. Harris Property Sdn Bhd closes its account on 31 December every year. On 1. 3. 2010, the tena ncy of the building ceases and Fetty Holding Bhd does not renew the tenancy. The building is left vacant until 31. 2. 2011 despite the efforts of the company to find a new tenant (including advertising the letting in several newspapers). Harris Property Sdn Bhd only manages to let out the building to another company on 1. 1. 2012 (absence of tenants for a period of 22 months). Capital allowances have been claimed since 2007. Even though the letting of building ceases from 1. 3. 2010 to 31. 12. 2011, capital allowances can be claimed in the years of assessment 2010 and 2011 since the letting ceases temporarily due to the absence of tenants for a period of less than 2 years.Example 30: Facts are the same as in example 29 except that the building is not let out until 31. 3. 2012. Harris Property Sdn Bhd only manages to let out the building to another company on 1. 4. 2012 (absence of tenants for a period of 25 months). Harris Property Sdn Bhd is eligible to claim capital allowances for the years of assessment 2010 and 2011. Harris Property Sdn Bhd is also eligible to claim capital allowance for the year of assessment 2012 if the letting of the building is treated as a business source for that year of assessment.Issue: B Page 23 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA 10. 3 If there is a change in tax treatment of the letting of a real property from a business source under paragraph 4(a) of the ITA to a non-business source under paragraph 4(d) of the ITA in the basis period for a year of assessment, the person who lets out the real property has two sources of income from the same real property in that basis period, i. a business source under paragraph 4(a) of the ITA and a non-business source under paragraph 4(d) of the ITA. If as a result of the change: 10. 3. 1 a company becomes an investment holding company (IHC), the rental income (business source) would be assessed as incom e under paragraph 4(d) of the ITA. Therefore, the company is not entitled to claim for capital allowances on plant and machinery since they are not used for the purpose of a business at the end of the basis period for that year of assessment. 0. 3. 2 a company does not become an IHC, the company still derives rental income under paragraph 4(a) and 4(d) of the ITA in respect of the real property. Even though the company is not an IHC, the company would not be entitled to claim for capital allowances on plant and machinery since they are not used for the purpose of a business at the end of the basis period for that year of assessment. Note: The determination of whether a company is an IHC or not is explained in the Public Ruling No. /2011 (Investment Holding Company). 10. 4 If a company has a business source and a rental source (not necessary to determine whether an IHC or not since its main activity is not the holding of investments) and there is a change in tax treatment of the lett ing of a real property from a business source under paragraph 4(a) of the ITA to a nonbusiness source under paragraph 4(d) of the ITA in the basis period for a year of assessment, the company still derives rental income under paragraph 4(a) and 4(d) of the ITA.The company would not be entitled to claim for capital allowances on plant and machinery since they are not used for the purpose of a business at the end of the basis period for that year of assessment. Note: In the case where capital allowances cannot be claimed, the residual expenditure of the plant and machinery will be reduced by notional allowances for that year of assessment and subsequent years of assessment. Example 31: Menara Sdn Bhd owns an office building consisting of 20 units and lets out all the units fully furnished since 2006.The letting is treated as a business source since maintenance services and support services are comprehensively and actively provided by Menara Sdn Bhd. Capital allowance have been claimed on the furnitures in the office building. Issue: B Page 24 of 26 INCOME FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA However from June 2010, Menara Sdn Bhd did not provide maintenance services and support services.Menara Sdn Bhd closes its account on 31 December every year. Menara Sdn Bhd is not entitled to claim capital allowances on the furnitures in the office building for the year of assessment 2010 since the furnitures are not used for the purpose of a business at the end of the basis period for that year of assessment. Notional allowances will be deducted to arrive at the residual expenditure of the furnitures for the year of assessment 2010 and subsequent years of assessment. 0. 5 If more than one real property is let out and there is a change in tax treatment of any of the real properties from a business source under paragraph 4(a) of the ITA to a non-business source under paragraph 4(d) of the ITA in the basis period for a year of assessment, capital allowances can be claimed on plant and machinery for the real property which remains as a business source under paragraph 4(a) of the ITA.If there is a change in tax treatment of the letting of a real property from a non-business source under paragraph 4(d) of the ITA to a business source under paragraph 4(a) of the ITA in the basis period for a year of assessment, the person who lets out the real property has two sources of income from the same real property in that basis period, i. e a non-business source under paragraph 4(d) of the ITA and a business source under paragraph 4(a) of the ITA.Capital allowances can be claimed on plant and machinery in the real property since they are used for the purpose of a business at the end of the basis period for that year of assessment. For the purpose of computing capital allowances, the qualifying expenditure for the plant and machinery is the market value on the first day they are used in the b usiness. Example 32: Teguh Sdn Bhd closes its account on 31 December every year and its main activity is the holding of investments. The company owns and lets out a fullyfurnished 10-storey office building.The letting is treated as a rental source under paragraph 4(d) of the ITA. From 1. 3. 2010 the company provides maintenance services and support services comprehensively and actively. The company is not an IHC in the year of assessment 2010 since the income from holding of investment is less than 80% of its gross income. Teguh Sdn Bhd is entitled to claim capital allowances on the furnitures in the office building for the year of assessment 2010 since they are used for the purpose of a business at the end of the basis period for that year of assessment.For the purpose of computing capital allowances for the year of assessment 2010, the qualifying expenditure for the furnitures is the market value on 1. 3. 2010. No initial allowance will be given. Issue: B Page 25 of 26 10. 6 INCOM E FROM LETTING OF REAL PROPERTY Public Ruling No. 4/2011 Date of Issue: 10 March 2011 INLAND REVENUE BOARD MALAYSIA 11. Industrial building allowance 11. 1 If a person owns a building lets out the building and the building is in used as an industrial building, industrial building allowance can be claimed by the owner of the building even though the letting is a non-business source.If the letting of real property is given a special treatment as explained in paragraph 4. 4 of this Ruling, the owner of the building is eligible to claim industrial building allowances on the qualifying building expenditure incurred. 11. 2 12. Replacement cost of furnishings If the letting of a furnished real property is treated as non-business source, cost of replacing furnishings such as furniture and air conditioner can be claimed as a deduction from gross income from that letting. 13.Letting of part of building used in the business If a building, whether owned or rented, is used for business purposes and part of the building is let out, the rent arising from the letting is treated as part of income from the existing business source. 14. Effective date This Ruling is effective for the year of assessment 2011 and subsequent years of assessment. This Ruling supersedes Public Ruling No. 1/2004 issued on 30 June 2004. Director General of Inland Revenue, Inland Revenue Board Malaysia. Issue: B Page 26 of 26

The Truth About Swallowing Spiders in Our Sleep

The Truth About Swallowing Spiders in Our Sleep No matter what generation you grew up in, chances are you heard the rumor that we swallow a certain number of spiders each year as we sleep. However, the truth is that the chances of you swallowing a spider while sleeping are slim to none.   Research Findings Not a single study has been done to date to quantify the number of spiders people swallow while sleeping. Scientists do not give this topic a moments glance,  however, because it is nearly impossible. You can rest peacefully because the chances of swallowing a spider while you are asleep are almost none. The only reason they do not say the chances are zero is that nothing is impossible. In order for you to unknowingly swallow a spider in your sleep, a number of unlikely occurrences would all have to happen in sequence: First, you would have to be sleeping with your mouth wide open. If a spider crawled on your face and over your lips, you would likely feel it. So a spider would have to approach you by descending from the ceiling above you on a silk thread.Then, the spider would have to hit the target- your mouth- dead center to avoid tickling your lips. If it landed on your tongue, a highly-sensitive surface, you would feel it for sure.Next, the spider would have to land at the back of your throat without touching anything on the way in. Finally, at the very moment of landing on your throat, you would have to swallow. This series of coincidences is highly unlikely.   Spider Behavior Spiders are not going to voluntarily approach the mouth of a large predator. Spiders view humans as a danger to their well-being. Sleeping humans are most likely viewed as  terrifying. A slumbering person breathes, has a beating heart and perhaps snores- all of which create vibrations that warn spiders of an imminent threat.  We appear as big, warm-blooded, threatening creatures that might eat them on purpose. We Do Eat Spiders- Just Not in Our Sleep The rumor about swallowing spiders in your sleep may be debunked, but that does not mean that you do not eat spiders. Spider and insect parts make it into our food supply every day, and it is all FDA approved. For example, according to  the FDA, there is an average of 60 or more bug fragments per quarter pound of chocolate. Peanut butter has  30 or more insect fragments  per quarter pound. Everything you eat likely has critter parts in it, but this is normal. It is fairly impossible to avoid having these mini body parts in our food. As it turns out, bits of arthropods in your food will not kill you and can make you stronger- protein and nutrient levels in some insects and arachnids can match that of chicken and fish. Misleading Information on the Internet To test a theory that people were susceptible to accepting anything they read online as true, Lisa Holst, a columnist for PC Professional in the 1990s conducted an experiment. Holst authored a list of fabricated facts and statistics including the old folkloric rumor that the average person swallows eight spiders per year. As Holst hypothesized, the statement was readily accepted as fact and went viral.   Thanks to Holst, the younger generations now know the old fashioned rumor. It might have faded into the past if left in the past, but now, some still believe the rumor is true. Sources Spiders Swallowed Per Year, Snopes.com.Defect Levels Handbook. U.S. Food and Drug Administration (2016).

Freshmen Presentation essays

Freshmen Presentation essays Self Discovery is key to friendship. Knowing who you are and what is important to you creates bonds and identifies boundaries. What does it mean to understand yourself? There are things inside each of us that make us unique, not just our talents, but those gifts, traits that make us who we are. They are the treasures God has blessed us with and it is people, places, events that help bring out these treasures in us. Self Discovery is key to friendship, now thats a motto that I completely ignored the moment I came to my new school back in my country. I just graduated sixth grade and Im entering seventh when I realized that I have to move schools. I was devastated and scared. The first day of school went by pretty normal, until it was time to eat lunch. Being a new girl, I dont have friends to sit with so I ended up not eating at all. I watched the activities inside the cafeteria from afar and what I saw scared me. There were groups of people and most of them are sitting with each other. Like the norm, there were the cool group, the geeks, the geniuses, the punks, and many other groups. Then there were those who are not part of a group. I observed those who arent part of any group and realized that their life must be miserable sitting alone in a table with no one but a book. I was scared to be like them. I desperately want to belong to a group, any group. Because I was afraid to be called strange and not be accepted, I tried to be like the rest of them. I completely trashed the values that my parents gave me and I turned my back on the things that I used to enjoy that are not considered cool. I started hanging out with the crowd and I started becoming well liked. I was so happy. Little did I know, that that happiness could end right there and then because it wasnt what I am, it ...

Poor Teaching and Misbehaving Teachers

Poor Teaching and Misbehaving Teachers Student social media users mentioned many interesting problems they faced in school. The majority of this #StudentProblems101 are classroom problems such as difficulty in understanding lessons, humiliation, stress, and boredom. Personal problems, on the other hand, include sleep deprivation and miserable weekends and holidays due to homework. ~ Poor Teaching Poor teaching according to one study is associated with teacher’s lack of care and concern, poor social relationships, and insensitiveness to students learning requirements. In fact, student’s cognitive learning and enjoyment are highly dependent on the quality of teaching. The reason is that poor teachers decreased students’ self-confidence and motivation for learning and increase their anxiety while in the classroom. ~ Humiliation Classroom problem such as humiliation according to these social media users commonly occur when the teacher mention his or her name as an example of a bad student. For instance, â€Å"Study hard and don’t be late like Paul.† According to the result of the study conducted by Breaux and Whittaker, most participants experienced humiliation from a teacher. Offensive teachers are those who humiliate students, blame students for problems in the classroom and engage in sarcasm. They are mean and cruel, play favorites, and self-centered. ~ Stress Boredom Students with teachers who take pride in punishing students often experience stress and boredom. For instance, some teachers systematically overload students with content and impose nearly unattainable objectives, make test difficult, and punish students with low grades. Indolent teachers, on the other hand, are those who deliver boring lectures, lack basic teaching skills, arrived late, neglect to grade homework, and make their classes too easy. You will definitely enjoy these articles: College Students Developing Students Creativity and Self-Expression through Crayons Helping Autistic Students Shine in Mainstream Classroom International Students Relieving Students Scool-Related Stress There Is No Place Like Home Students are young people with natural curiosity and eagerness to learn. However, they are also outgoing people with interest other than school. Putting pressure on a young person, therefore, is counterproductive and may lead to some negative attitude towards learning. For instance, a teenager consistently deprived of sleep and missed out things such as family gets together, sport events, and so on, because of homework, may eventually hate homework and school. Young people tend to see social demands of school life extremely difficult when they spend most of their days in study tables. Study of issues in education suggests that most students seem to misbehave and hate school when they put much more time in homework. This is because young people need to play, spend time with family and friends, and do things they love. Although homework according to several studies has positive effects particularly in high school, the result of other studies suggests that it greatly affect students’ feelings and attitudes about school negatively. These include loss of interest in academic material and physical and emotional stress. In reality, homework robs students of valuable leisure and family time and time to spend on developing other interest. Moreover, excessive lesson time and homework time eventually result to burn out or students alienation from the academic material. In fact, study shows that some students left school because of homework and exacerbate the division between high and low-income families. For instance, students from more progressive backgrounds are likely to have more time and parental support than those with disadvantaged demographic backgrounds.

Assignment Privacy Issues and Monetizing Twitter Essay

Assignment Privacy Issues and Monetizing Twitter - Essay Example For Twitter, earning income can be done through activities such as promoted tweets and sales of analytic tools and services to advertisers. As Twitter employs a number of its users’ private information such as names, email address, pictures, videos and the like, the founders of Twitter should ensure that whatever step they decide to take to produce income will not result to a violation of their users’ privacy. Four years after it went live in 2006, Twitter began planning to make the site generate income. Valued at US$1 billion and with over four billion tweets from users worldwide (Fraiha 1), founders of Twitter do have a lot to lose if their strategy for earning income will overstep legal boundaries on privacy, not only of the United States but of all countries with Twitter users. Together with Google and Microsoft, Twitter is considering dabbling in data-mining and make use of their large database to earn revenue. Unfortunately, existing issues regarding privacy is making the three companies stop and consider whether the idea is viable or not. 2. There are several stakeholders in this case. First are the billions of users inside and outside the United States. They are what made Twitter become popular and the reason the company is worth billions. If Twitter’s monetizing scheme would violate privacy laws, it is the users’ personal information that is at stake. The second stakeholders would be the companies and individuals that are now enjoying free advertisement via â€Å"tweets† to Twitter users. Since Twitter has a worldwide user base that â€Å"tweet† in real time, pre- and post sales marketing is faster than traditional advertisement. (Fraiha 5) Requiring fees in exchange for posting advertisements would be one way for Twitter to generate income. Moreover, this may help in regulating the â€Å"advertising tweets† and, for users, avoid getting unwanted â€Å"marketing tweets†. Competitors of Twitter

Moral Management Research Paper Example | Topics and Well Written Essays - 2000 words

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Country briefing paper mexico Essay Example | Topics and Well Written Essays - 4250 words

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