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Business
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| Number of pages / Number of words: |
2 / 452 |
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Taxation and the Financial Decision Process
-most significant form of taxation that affects return on investment is income tax, since return is measured as the cashflow remaining after deducting all taxes payable. Thus have an incentive to reduce or postpone taxes to maximize total earnings.
-every decision made by a business has tax consequences, cash flows only exist on an after-tax basis...
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Taxation and the Financial Decision Process
-most significant form of taxation that affects return on investment is income tax, since return is measured as the cashflow remaining after deducting all taxes payable. Thus have an incentive to reduce or postpone taxes to maximize total earnings.
-every decision made by a business has tax consequences, cash flows only exist on an after-tax basis...
Essay fragment
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