Future taxIAS 12Tax allocation accountingPredictionWe examine the usefulness of tax allocation accounting (deferred tax) for predicting future tax paid and future tax expense. Deferred taxes increase the explanatory power ( R 2) of regression models where future taxes paid or future tax expense is ...
gives eligible families $3,600 for each child under age 6 and $3,000 for each child ages 6 to 17 — both amounts are an increase from $2,000 per child in 2020, plus the child tax credit revisions extended to include 17-year-olds. In this first round of six monthly...
“We will also keep the 1% increase in Land Transaction Tax charged on second home purchases and work with local government and communities to explore other tax, planning and housing measures – which could include local rates of Land Transaction Tax – to ensure the housing interests of local ...
My body, my choice– depending in the size of your community, you can have freedoms that the outside society might not. For example, and drugs/alcohol produced are tax-free, ingredients are known, and with a large enough property disposing of evidence is very do-able. Also, law enforcemen...
Looking back at 2020, the most significant development on the tax front must certainly have been government's tax relief measures aimed at helping businesses mitigate the impact of the Covid-19 pandemic...
While earnings before tax (EBT) are down by around 3.5 percent to just over 221 million euros, this was due to the major investment projects underway in the area of maintaining and expanding our infrastructure; projects which will equip Munich Airport for the future. The traffic figures ...
A case that could punch holes in the federal tax code heads to the Supreme Court on Tuesday. The court will hear arguments in Moore v. U.S., which challenges a piece of the 2017 tax law that imposed a one-time levy on profits that companies had accumulated outside the U.S. But its...
Lynne Wilson joined thePLM Fleetleadership team as CFO in 2018 with over 30 years of senior level experience in tax, audit, finance and accounting. Her banking relationships and expertise have helped the company achieve record growth for the...
Deloitte is a leading global provider of audit and assurance, consulting, financial advisory, risk advisory, tax and related services. Our global network of member firms and related entities in more than 150 countries and territories (collectively, the "Deloitte organization"...
The Canadian Energy Research Institute (CERI) estimates that failure to expand Canada's pipeline export capacity could constrain future oil production resulting in up to a $1.35 trillion loss in GDP and $225 billion in tax revenues from 2011 to 2035 (CERI, 2010). In March 2013, the Alberta...