Corporate treasury and Deductions: Difference between pages

Revision as of 08:48, 8 October 2013

Amount of money subtracted from an account or from any amount payable/receivable, to pay for services, goods or taxes.
Tax. Amounts for which tax relief is given. Most often by subtracting the deductions from (otherwise) taxable profits, before calculating the amount of tax payable on the net taxable profits.

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-Corporate treasury refers to treasury activities which are carried out in companies which use financial products to support their main business; usually a trading business.
+#Amount of money subtracted from an account or from any amount payable/receivable, to pay for services, goods or taxes.
+#''Tax.'' Amounts for which tax relief is given.  Most often by subtracting the deductions from (otherwise) taxable profits, before calculating the amount of tax payable on the net taxable profits.
-This is in contrast to treasury activities which take place in banks and financial institutions (generally providers of financial products) and in the public sector, and to work carried out by treasury professionals acting as advisers and consultants.
-The individuals who work in this function are known as corporate treasurers.
 == See also ==
-* [[Corporate treasurer]]
+* [[Tax credit]]
-* [[Guide to risk management]]
+* [[Tax relief]]
-* [[Treasury management]]
-[[Category:Ethics]]
+[[Category:Accounting,_tax_and_regulation]]