provisiontaxtreatment

The provision was made in accordance with the prudence concept in SSAP 2 and the then prevailing UK GAAP and indeed was the only permitted treatment under GAAP.

ASC 740-10-30-18 states that future realization of the tax benefit of an existing deductible temporary difference or carryforward ultimately depends on whether ...

2013年11月22日 — A provision made in accounts is the recognition of a liability, the timing or amount of which is uncertain. Provisions are distinguished ...

2006年5月4日 — For tax purposes, provisions and accruals are regarded as substantially the same and are treated identically (albeit greater measurement.

In taxation terms, provisions are allocated in order to deal with contingencies or charges that are clearly defined and that are likely to occur as a result of ...

Generally the provisions and reserves recorded in business financial statements are not tax deductible until the expenses are actually incurred. An expense ...

2023年4月17日 — Provisions are only allowable for tax purposes where certain conditions are met; otherwise, there would be a danger that a deduction could be ...

2023年10月31日 — If your company has opted for pre-FRS 39 tax treatment, only specific provision for doubtful debts is deductible for tax purposes. General ...

2022年10月28日 — A provision is a future expense or loss that is not yet effective at the end of the fiscal year. It will nevertheless be deductible from the ...

2023年2月1日 — A tax provision is the estimated amount of income tax that a company is legally expected to pay to the IRS for the current year. It is just one ...