The reasons for these items not being allowed for taxation should be explained to investors. 同学们可能好奇other tax adjustments里还会有哪些?那么除了本节开头提及的“current tax里的往年over/underprovision”调整(即下表里的Adjustment to current tax charge in respect of prior years)以外,确实还有挺多...
The IRS explained that the change in treatment of payroll tax liabilities associated with deferred compensation to comply with this Revenue ruling would be a change in method of accounting within the meaning of Section 446 and 481.EBSCO_bspJournal of Taxation...
According to IFRS, deferred tax assets and liabilities are recognized for the future tax consequences of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for taxation purposes. Deferred tax assets are recognized for all...
A deferred payment annuity buyer need not ever turn the money in the annuity into a series of income payments. Money may be withdrawn as needed, in alump-sum payment, or transferred to another account or annuity.2When a deferred payment annuity is used this way, the annuity buyer retains ...
Because these rules were designed to curb the potential for abuse by executives, Section 409A imposes immediate taxation, an additional 20% tax, and in some instances interest for failures to comply. These penalties are imposed on the individual executives rather than the emplo...
“Given the fact that you’re building a shelter from taxation and that’s been limited by all these recent tax changes, it makes some sense to defer some money,” Hendricks said. “Then, you don’t have all your eggs in one basket.” ...
The two options for groups with pre-1996 deferred intercompany gains relating to member stock that want to permanently gains are also explained.FREIDELDAVIDCorporate Taxation