Financial statement income and taxable income are seldom same due to many reasons and main reason is depreciation as company use different rate or method of allocation of depreciation while taxation authorities uses different as well as there are many expenses which are not allowed by taxation authorities as expense. Due to these reasons both of these incomes may differ.
Christopher Gadsden
financial statements are prepared by accountants to submit to the government for taxation purposes.
Kenneth R. Biederman has written: 'The taxation of financial intermediaries' -- subject(s): Banking law, Savings banks, Taxation
Pierre Vanasse has written: 'Emerging technologies in the financial services industry' -- subject(s): Technological innovations, Financial services industry 'Operating as a tax-exempt corporation' -- subject(s): Financial institutions, Taxation, Tax exemption, Sales tax 'Supporting governments, 1991' -- subject(s): Taxation, Financial institutions, Corporations, Financial services industry
if tax is paid then it will be shown in cash flow statement otherwise it will not shown in cash flow statement.
they had well established system of taxation and finance
This is an unfair statement because colonists werent allowed to be apart of the Parliament and they had no say... also the had no representation so it wasnt fair
Satya Narayan Mittal has written: 'Taxation policies and financial decisions' -- subject(s): Case studies, Corporations, Finance, Taxation 'Central Taxation of Income in India: Since 1951' -- subject(s): Income tax
It is a debit from the New Mexico Taxation and Revenue Dept. On my statement it comes from me paying my NM Sales Taxes due using their online system.
James Otis said that because of the unfair treatment
the relationship between taxation and production is that taxation is the process where by a business firm provides a certain amount of money to the national government after doing a certain transactions while production is the creation of goods or services for exchange and satisfying human needs or wants their relation is that both of them works on increasing government income, and their depending to each other, for example without production there wont be taxation because taxes are mostly collected from the production of goods and services.