It is the explanation of the relationship between the tax expense (income) and your accounting profit.

1 авг. 2019 г. · This column walks the reader through a discussion of current and deferred tax expense as a bridge to ultimately preparing the rate reconciliation.

The applicable tax rate is the aggregate of the national income tax rate of 30 % (X5: 35 %) and the local income tax rate of 5 %. An explanation of changes in ...

Most companies reconcile the group's annual tax expense to the statutory rate in the country in which the parent is headquartered. This is often different from ...

This provides a reconciliation for any differences between: the taxes expected on the organisation's accounting profits; and the tax charge that has been stated ...

The chart below provides a reconciliation between our 2022 corporate income tax charge of $21.9 billion and the corporate income tax we paid of $13.1 billion.

The rate reconciliation automatically calculates the tax impact of reconciling items as a percentage of pretax net income before taxes as adjusted.

31 мая 2024 г. · As discussed in ASC 740-10-50-12, PBEs are required to provide a tax rate reconciliation that reconciles income tax expense (or benefit) ...

20 июн. 2023 г. · The effective tax rate reconciliation reconciles the tax expense/(income) to the accounting profit/(loss). This is an area where companies are ...

Public companies must perform a tax rate reconciliation. They can reconcile either the expected tax – based on the statutory rate multiplied by GAAP pretax ...