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How to calculate corporate tax on net income?
In the tutorial we have learnt about Tax calculation on Operating Income. Is there any different method to calculate Tax on net income?
Mar 22 2014 03:47 AM
we always calculate tax on operating income. Net income is the amount which is left over after deducting tax & interest.
Apr 12 2014 11:56 PM
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In this question Taxes and Interest has been ignored??
tax expense and tax payable of a company
If a company incurs $10 (pretax) of depreciation expense, how does that affect the three financial statements?assume a tax rate of 40%
Advanced Income Statement
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and can we reclaimed it at the time of filing our income tax???
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