At first glance, the calculation of sales tax seems easy. But when it comes to sales tax, it's not that easy. All you must do is to get the price of taxable goods or services and multiply it by the sales tax rate. There are over 12,000 tax jurisdictions in the United States, dep...
a. Purchase of 100 shares of Microsoft stock b. Purchase of a used car c. The value of a homemaker s services d. Sale of Gulf War military surplus e. None of the above would be inclu Which of the followi...
Company cars: tax liability on cash versus car option - part 4 Where, from 6 April 2017, an employee can choose to receive either a cash allowance or acompany car with CO2 emissions of more than 75g/km and chooses the car, the optionalremuneration rules will apply (Income Tax (Earnings ...
Profits,losses,revenues,expenses;financialdataarevitaltoeverybusiness.Nocompanycansucceedwithoutgatheringthesedata,analyzingthem,andexplainingwhattheymean.Onetypeofthefinancialdataisassetvalue.Whenacompanyreportstotherelativeorganizationsofitsassets,theaccountantofthecompanyneedstoknowhowtocalculatethedepreciationofthe...
Retained earnings are part ofstockholder’s equity, or the total claim on a business that all shareholders have after every company debt has been settled. According to theCorporate Finance Institute, one way to calculate stockholder’s equity is to combine the total retained earnings with the reve...
In the fiscal year ended 31 December 2020, the company made a provision of VND1,800 million for unpaid employment compensation, and declared the provision as fully deductible for corporate income tax (CIT) purposes. PRV Co paid VND1,300 million out of the provision by 30 June 2021, and ...
dividends, which is that portion of after-tax earnings paid to stockholders of the company.The first 5 terms of the equation yield GDI, which is the total income of Americans, whether earned domestically or abroad.The GDI approach yields a figure which is less than the expenditures approach, ...
after we got married. We needed to get an additional rider on our homeowner’s insurance policy because there is typically a very low threshold for jewelry. The same is often true for expensive electronics and gun collections. You may want to check with your homeowner’s insurance company. ...
The allowance method deals with bad debt at the end of a tax year. The business must review its receivable accounts and estimate the cost of the uncollectible bad debt. At the end of the year, the estimated amount will be debited from the Bad Debt Expense account and credited to the cont...