Which business enterprises pay untaxed profits to owners/partners who then pay the taxes on their individual returns?

Q: In which situation does the tax depreciation allow the firms to defer paying income taxes?

A: Deferment of income tax liability is also called as Deferred Tax Liability. It means tax liability…

Q: business taxation.

A: Business taxation  is about taxing the business. This is a term associated with the normal business…

Q: How is sales tax recorded? Is it considered an expense of a business? Why or why not?

A: Most states levy sales taxes on goods and services. Those states differ on what is taxed and for how…

Q: Account for corporate income taxes; explain the effects of these taxes onbefore-tax profits and…

A: Corporate income taxes are taxes paid by companies on their income

Q: Differentiate the tax effects of financing a company with stocks and debts. Your answer should…

A: Stock are have high cost because expectations of shareholders are very high and also there is no tax…

Q: How could failing to collect sales tax result in a larger tax liability for a business than failing…

A: Taxable amount is the measurement of the amount of tax that needs to be paid by an individual or a…

Q: HOW DOES IT WORK A person places his/her pre-tax money is placed by the investor into the RRSP. The…

A: This plan is introduced by the Canada Government for Self emplyed person and employess

Q: how does taxes affect Businesses?

A: Taxes According to Tax laws Taxes means the levy of money which was imposed by the government…

Q: Does the management of long term assets benefit the business in anyway? Are there tax benefits as…

A: Assets  is a resource which has economic value and gives benefit to the company directly and…

Q: How does the Estate Tax affect the Business valuation/estate planning industry?

A: Estate tax- An estate tax is a levy on estates whose worth exceeds an omission limit set by law.…

Q: deductions from gross income? *

A: Correct Answer :- C   discounts given to senior citizens on certain goods and services.

Q: What is the final tax rate of dividend income earned by a domestic corporation from another domestic…

A: Correct option is D. None    final tax rate of dividend income earned by a domestic corporation from…

Q: If profits are eventually issued as dividends, IAET-subject profits are liable to income tax. False…

A: Tax is a charge which is charged on the taxable income and the dividend tax is the charge which is…

Q: Which of the following is not subject to self-employment tax? a. Gain on the sale of real estate…

A: Self-employment tax: It is a tax levied on the income generated from self-employment. A tax of 12.4…

Q: What is the controlling interest percentage for a business combination tax return? what does a…

A: Hey, since there are multiple questions posted, we will answer first question. If you want any…

Q: Why is the income tax payable not the same as income tax expense?  Why is the income tax expense…

A: Hey, since there are multiple questions posted, we will answer three question. If you want any…

Q: What does the Miller model with personal and corporate taxes implyabout value relative to the MM…

A: Answer: The Modigliani and miller approach states that, aside from the risk inherent in the project,…

Q: explain what a growing balance in the deffered income tax liability is likely to indicate about a…

A: This question deals with the IFRS 12 "Deferred tax" As per IFRS,  When there is temporary taxable…

Q: What’s the difference? Explain to Laura how differences between financial reportingstandards and…

A: Accounting income reported in accordance with financial reporting standards and taxable income under…

Q: Identify the correct formula about Income from continuing operation. Net profit before tax - sales…

A: Income from Continuing operation is the Oprating profit is the profit before tax

Q: ​In which two ways is corporate profits tax similar to the payments to common shareholders (owners)…

A: Shareholders are entitled to share in the company's profits. A corporate tax, also called…

Q: Please in calculating return on year end capital employed = profit before tax / capital employed.…

A: Return on capital employed (ROCE): It is the type of profitability ratio that tells how well the…

Q: When analyzing a company's financial report, what are the most likely indicators that a company is…

A: A tax is a financial charge imposed by government. It is a source of income for the governments to…

Q: Discuss the tax treatment for business and investment expenses.

A: Tax treatments usually explain the procedural computation tax liability of an individual by stating…

Q: a. What is the cost of equity of each companies? b. What is the after tax cost of debt of each…

A: The Cost of equity: The required rate of returns that shareholders expect from holding a company's…

Q: Which of the following items of interest expense may be deducted from gross income? Interest…

A: Interest expense will be allowed as a deduction if such Expense is incurred in the ordinary course…

Q: TRUE OR FALSE? 1st statement: MCIT will be imposed if the company's business operation resulted in…

A:

Q: when multiplying companys tax rate with any firms accounting income , the result is always different…

A: The accounting income of the firm is always computed as per accrual method of accounting. The income…

Q: You are self-employed. Your business earns income during the period. You are subject to which of the…

A: Working for oneself rather than for an employer is referred to as self-employment. Self-employed…

Q: Which of the following is not a common difference between net business income on the books…

A: * As per Bartleby policy, if question are unrelated then answer first only. As per IRS , business…

Q: Why there is a difference among the company tax rate times with the firm’s accounting income?…

A: In accrual accounting, an expense that arises from the recognition of a liability must be measured…

Q: a. Find the marginal tax rate for the fo corporate earnings before taxes: $1

A: Marginal tax rate = Tax amount/Pre tax income

Q: All the profits of a sole proprietorship are taxed as current income of the owner even if they are…

A: Sole Proprietorship : in sole proprietorship the the business is run by only one person. The owner…

Q: Corporate taxable income is based on an income statement that is similar to income statements…

A: Taxable income is the measurement of income which is used to calculate the amount of tax that needs…

Q: What are the four small business concession for Capital Gain Tax?

A: The SBC will enable you to considerably reduce any capital gains tax (CGT) that you may pay on the…

Q: How does sources of financing affects tax liability of the business? (Focus only one Source of…

A: Corporate funding sources include equity, debt, corporate bonds, retained earnings, term loans,…

Q: ages for cost of inve gal business mbling activities

A: Gross Income - It is the total income from all sources i.e. business or services, returns,…

Q: how company's financial statement reflects the potential tax avoidance? For example?

A:

Q: How is a business activity distinguished from an investment activity? why is this distinction…

A:

Q: Corporations are required to pay taxes on A. income from the business B. operating expenses O C.…

A: >Taxes are usually paid on the Income being earned. >All of the business entities, sole owner,…

Q: For purposes of the accumulated earnings tax, earnings can be accumulated for reasonable needs of…

A: An accumulated earnings tax is the tax that is imposed by the government on companies that…

Q: Why company tax rate is always different from company accounting income?

A: There is no possible comparison between the corporate tax rate and accounting income directly. The…

Q: What do you find interesting, confusing, surprising or difficult to understand about the treatment…

A: In the financial statements of X Co. , tax treatment shows a confusing understanding of the tax…

Q: Is the tax expense of a firm in its financial statements same as the company tax rate times of a…

A: Tax expense is the total of all the taxes that a company is responsible to pay to the authorities.…

Q: What form of business pays personal income tax?

A: Income tax, as the name suggests, is calculated on the income of assessee and payable according to…

Q: tax treatment of dividend income versus capital gains income affect the managers’ decisions to…

A: It is among the common practices in the functioning of an entity to disperse the benefits in the…