Topic

Learn how value added tax (VAT) is imposed on sales and how to stay compliant with shifting rates and exemptions.

Learn how this legislation closes tax loopholes used by the largest corporations and incentivizes businesses and individuals to boost their use of renewable energy.

Learn how valuation allowances impact accounting for income taxes under ASC 740.

Review and compare state tax policies to clarify expanding nexus standards and ensure compliance for income tax and sales and use taxes.

ASC 740 includes rules for recognizing and measuring uncertain tax positions in a company’s financial statements.

State income taxes are generally deductible expenses for federal tax purposes, so they impact accounting for income taxes under ASC 740.

Learn how to navigate ASC 740’s interim reporting rules and allocate tax expense to quarterly financial statements.

State income taxes are generally deductible expenses for federal tax purposes, so they impact accounting for income taxes under ASC 740.

Accounting for income taxes under ASC 740 is evolving due to changes in how federal and foreign governments levy taxes on worldwide income.

Learn how the availability and mechanics for claiming foreign tax credit can var­­y among tax systems throughout the world.