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What exactly is indirect tax?

ThomsonReuters

Sometimes called a ‘sin tax’, they are applied to hazardous chemicals , alcohol, cigarettes, sugary drinks , and gambling. E nsuring organizations properly record and remit sales and service taxes keep s companies on top of paying these taxes that they have collected on behalf of the government.

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[07/11/21] The Sad State of Accounting

Baruch Lev

No kidding, the accounting for estimates of future cash flows from insurance contracts is the major problem with corporate financial reports? Is insurance accounting, or the accounting for income taxes or government grants the reason why so few investors are interested in just-released financial reports?

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Friday Footnotes: Firms on India Hiring Spree; PCAOB Heads Overseas; PwC Lets You See Your Family This Summer | 5.6.22

Going Concern

The 25-year-old tax accountant saw the story on the news and decided he wanted to take Ralph, a woman he’d never met, to Game 2 of the NBA Finals. “I don’t have any grandmas, so this is truly my grandma,” said Barchilon. Last July, Arizona’s Family introduced you to the 81-year-old Mesa grandma who’s been a Phoenix Suns fan since 1984.

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