Election and Micro-multinational: Difference between pages

From ACT Wiki
(Difference between pages)
Jump to navigationJump to search
imported>Doug Williamson
m (Categorise.)
 
imported>Doug Williamson
(Classify page.)
 
Line 1: Line 1:
1. ''Tax''.
An internationally focused small company.
 
A formal choice communicated by a taxpayer to a tax authority, to use a particular (beneficial) tax rule.
 
 
2. ''Financial reporting''.
 
A choice about an accounting treatment, which must be formally evidenced and will not normally be readily reversible.
 
For example, an election under IFRS 9 to classify certain items as Fair value through other comprehensive income (FVTOCI).




== See also ==
== See also ==
* [[Claims and elections]]
* [[Multinational corporation/company]]
* [[FVTOCI]]
* [[Small and Medium-sized Enterprises]]
* [[Financial reporting]]
* [[Transnational]]
* [[IFRS 9]]
* [[IFRS: issues for the treasurer]]
* [[Tax computation]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Compliance_and_audit]]

Latest revision as of 07:32, 29 June 2022