Tax
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Tax belongs at the start of a decision, not the end
Financing, pricing and structuring decisions are often made first, and their tax consequences calculated afterwards. Yet tax is a variable that can change the decision itself.
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Why does accounting profit differ from taxable profit?
The profit on the income statement and the profit on which corporate tax is calculated are not the same. Tracking the items that create the gap during the year means the year-end tax bill is no surprise and the cash plan is built correctly.