The real challenge to the consistent determination and reporting of tax liabilities
in financial statements, he concluded, lies in the application of complex and nebulous tax rules to myriad facts and circumstances.
The proposed Interpretation, which would substantially modify FAS 109, (1) provides a theoretical approach for the consistent determination and reporting of income tax liabilities
, assets, and expense relating to uncertain tax positions.
b) deferred tax liabilities
and assets for future tax consequences of events that have been recognized in an enterprise's financial statements or tax returns.
Fund managers also determine what types of stocks to purchase-high dividend-paying stocks to which create additional tax liabilities
for fund holders, or low-dividend-paying stocks.
Its resolution will directly affect the tax liabilities
of other businesses subject to California's tax system, and could indirectly affect the tax systems of other states.
The most frequent tax gaffe divorced African-Americans make is not looking at the tax liabilities
that result from divorce.
the "Subsidiary") will pay certain tax liabilities
that result to the Company from the transfer to Gary H.
6306(b)) with PCAs that will locate and contact taxpayers owing outstanding tax liabilities
and arrange payment from them.
NEMO PERERA is a principal with Risk Capital Partners, a firm that specializes in structuring complex tax insurance policies in behalf of major corporations, thereby managing the tax liabilities
associated with many corporate transactions.
The taxpayer would not be able to meet basic living expenses if his or her assets were liquidated to pay outstanding tax liabilities
Real-time data updates streamline the tracking of quarterly estimated payments and helps ensure state tax liabilities
are accurately calculated.
FAS 109 Paragraph 27 typically requires adjustments to deferred tax liabilities
and assets for the effects of a change in tax laws or rates in the period that includes the enactment date.