Effective tax rate and Regional Comprehensive Economic Partnership: Difference between pages

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(ETR).
''International trade - free trade agreements''.


An accounting measure, calculated by dividing the net tax charge reported in the income statement by the related profit before tax.
(RCEP).


The effective tax rate will usually differ from the standard corporate rate of tax.


The RCEP is a free trade agreement signed in November 2020 between:


The quantified explanation of the differences between the effective tax rate and the standard corporate rate of tax is known as a tax reconciliation statement.
*Australia
*Brunei
*Cambodia
*China
*Indonesia
*Japan
*Laos
*Malaysia
*Myanmar
*New Zealand
*The Philippines
*Singapore
*South Korea
*Thailand and
*Vietnam


(Often abbreviated to 'tax rec'.)


 
==See also==
Relevant accounting standards include Section 29 of FRS 102.
*[[ASEAN]]
 
*[[Comprehensive Economic and Trade Agreement]]
 
* [[Comprehensive and Progressive Agreement for Trans-Pacific Partnership]]
== See also ==
*[[Customs union]]
* [[FRS 102]]
*[[European Economic Area]]
* [[Income statement]]
*[[European Free Trade Association]]
* [[Profit before interest and tax]]
*[[Free trade]]
* [[Tax]]
*[[Free trade agreement]]
* [[Tax reconciliation]]
*[[International trade]]
*[[North American Free Trade Agreement]]
*[[Tariff]]
*[[Trade]]
*[[Trans-Pacific Partnership]]
*[[United States Trade Representative]]


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

Latest revision as of 13:26, 14 April 2021

International trade - free trade agreements.

(RCEP).


The RCEP is a free trade agreement signed in November 2020 between:

  • Australia
  • Brunei
  • Cambodia
  • China
  • Indonesia
  • Japan
  • Laos
  • Malaysia
  • Myanmar
  • New Zealand
  • The Philippines
  • Singapore
  • South Korea
  • Thailand and
  • Vietnam


See also