
Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
النسخة 7الرقم المعياري الدولي: 978-0078136726
Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
النسخة 7الرقم المعياري الدولي: 978-0078136726 تمرين 3
S. and Japanese Tax Laws
Tax laws in Japan tie taxable income directly to the financial statements' reported income. That is, to compute a Japanese firm's tax liability, multiply the net income as reported to shareholders by the appropriate tax rate to derive the firm's tax liability. In contrast, U.S. firms typically have more discretion in choosing different accounting procedures for calculating net income for shareholders (financial reporting) and taxes.
What effect would you expect these institutional differences in tax laws between the United States and Japan to have on internal accounting and reporting?
Tax laws in Japan tie taxable income directly to the financial statements' reported income. That is, to compute a Japanese firm's tax liability, multiply the net income as reported to shareholders by the appropriate tax rate to derive the firm's tax liability. In contrast, U.S. firms typically have more discretion in choosing different accounting procedures for calculating net income for shareholders (financial reporting) and taxes.
What effect would you expect these institutional differences in tax laws between the United States and Japan to have on internal accounting and reporting?
التوضيح
Taxation system:
Each country has a dif
Each country has a dif
Accounting for Decision Making and Control 7th Edition by Jerold Zimmerman
لماذا لم يعجبك هذا التمرين؟
أخرى 8 أحرف كحد أدنى و 255 حرفاً كحد أقصى
حرف 255

