We do find that tax CAMs are associated with a modest increase in tax accrual quality, an increase in the reserve for unrecognized tax benefits, and a reduction in the likelihood of tax-related earnings management. H...
Company automobiles, expense allowances and reimbursements may increase productivity, provide job satisfaction and improve the benefit package—things that both employees and employers care about. Tax authorities have something else in mind: ensuring that employees do not receive personal benefits tax-free...
Tax increase could boost car, culinary classes.(News)Byline: Beth Sneller Daily Herald Staff Writer If voters approve funding for a third high...Sneller, Beth
the firm's resulting pre-tax profit will increase or decrease. Overall, our study shows that intrafirm incentive conflicts can be an important factor in the interplay between tax incidence and economic efficiency, two centra...
When reviewing a car allowance policy, the employer must confirm that the employee’s take-home pay can cover their actual expenses, not just the pre-tax amount. But, simply raising the car allowance may not be the most effective solution. While it may increase the employee’s take-home pa...
(RRF). Inflation is expected to increase to 1.6% as energy prices stabilize. The government deficit is projected to drop to 4.4% of GDP due to the end of energy-related measures and changes in housing tax credits. However, public debt is set to rise to 141.7% of GDP by 2025 due to ...
“Our Marketplace business continued to accelerate, achieving the largest quarterly revenue increase since 2021, driven by higher adoption of add-on products, continued migration toward premium subscription tiers, and expansion in our global paying dealer base,” said Jason Trevisan, Chief Executive Off...
As I understand, the amount deducted from salary and paid to leasing company can no more be deducted as “remuneration to employees” leading to increase in PBT. Moreover, car remains in the name of company and qualifies as asset. Reply SAG Infotech August 20, 2024 at 5:27 pm Please ...
During the first half of 2022, around 2.2 million NEVs were registered, hitting a new high with an increase of more than 1.1 million in a year. They accounted for nearly 20 percent of all new vehicle registrations from January to June this year, said the ministry....
Using granular gas price data and rich variation in corporate tax rates, we find that corporate taxes increase consumer prices. About 64% of the corporate tax is borne by consumers. The effect is stronger when firms have limited acces...