Goodwill is the difference between the purchase price paid for a company and the fair market value (FMV) of that company's identifiable net assets. This paper provides an eight-country comparison of standards regarding the treatment of goodwill and discusses the implications of the differences ...
The Effects of International Differences in the Tax Treatment of Goodwill: A Comment 来自 EconPapers 喜欢 0 阅读量: 19 作者: Christopher W Nobes 摘要: This paper suggests that a hypothesis in a previous paper in this journal is false. The hypothesis relates to the tax deductibility of good...
Responses to Goodwill Hunting Gone Bad ... A. Replace Goodwill Sourcing Exception with Foreign Taxation ... 1. Underlying Goals of § 865(d)(2) and (d)(3) ... 2. Goodwill as a Poor Proxy for Real Goal … 3. Substitute Actual Taxation and Link to Treaty Rules ... B. Franchise...
1、资产的税务处理(Tax treatment of assets)The assets of an enterprise include fixed assets, biological assets, intangible assets, long-term prepaid expenses, investment assets, inventories, etc., and the historical cost is the basis of taxation.The historical cost referred to in the preceding ...
Goodwill often arises in the context of acquisitions. Its accounting treatment poses several complex questions. However, given that impairment losses in goodwill are based on forecasts of diminishing future benefits, the Portuguese tax authorities tried to restrict the deduction of such accounting ...
EU Advocate General advises on Portugal’s disparate tax treatment of dividends May 20, 2021 Advocate General Kokott of the Court of Justice of the European Union (CJEU), in a May 6 opinion, advised the CJEU to rule that EU free movement of capital requirements . . . ...
The explanation should include any potential reversal of the treatment.Some profits recognised in the financial statements are non-taxable such as the tax relating to non-taxable gains on disposals of businesses and in some jurisdictions, taxation relief on impairment losses will not be allowable ...
One of the notable differences between IFRS and US GAAP when dealing with income tax is best illustrated by the fundamental treatment of: 选项: A.the revaluation of property, plant and equipment. B.non-deductible goodwill. C.temporary differences between the carrying amount and tax base of as...
This bill was signed into law by President ronald reagan and was designed to equalize the tax treatment of various assets, eliminate tax shelters, and lower marginal rates. Conservatives wanted the act to provide a single, low tax rate that could be applied to everyone. Although this single, ...
in a case where the asset is converted by the owner thereof into, or is treated by him, as stockin-trade of a business carried on by him, such conversion or treatment; or the maturity or redemption of zero coupon bonds; or any transaction involving the allowin...