Disallowable expenditure and Price discovery: Difference between pages

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''Tax''.
Price discovery is the process by which market participants obtain information about the prices at which counterparties are willing to buy  or sell specific financial instruments or other assets.


Amounts paid out by a taxpayer which are not eligible for tax relief.
For major transactions it is often facilitated by a professional adviser or intermediary.


Such amounts charged to accounting profits would be added back to the accounting profits, in the calculation of taxable profits in the taxpayer's tax computation.


For this reason they are sometimes known as 'addbacks'.
:<span style="color:#4B0082">'''''Centralising FX price discovery'''''</span>
 
:"Let's say a corporate has gone through all the necessary steps... and now has a multibank panel at its disposal for FX execution.
 
:Each counterparty might have different trade processes and systems to navigate, and so the corporate might have to make an additional investment... in an aggregator platform to centralise price discovery..."
 
:''Multibank FX platforms and fintech FX solutions - Eric Huttman, CEO of MillTechFX - The Treasurer online, October 2021''




== See also ==
== See also ==
* [[Expenditure]]
*[[Aggregator]]
* [[Tax computation]]
*[[Broker-dealer]]
* [[Tax relief]]
*[[Capital allocation]]
*[[Counterparty]]
*[[Circuit breaker]]
*[[Electronic communication network]]
*[[Execution]]
*[[Foreign exchange]]  (FX)
*[[Investment bank]]
*[[Opaque]]
*[[Price formation]]
*[[Price transparency]]
*[[Transparency]]


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

Revision as of 09:15, 20 March 2022

Price discovery is the process by which market participants obtain information about the prices at which counterparties are willing to buy or sell specific financial instruments or other assets.

For major transactions it is often facilitated by a professional adviser or intermediary.


Centralising FX price discovery
"Let's say a corporate has gone through all the necessary steps... and now has a multibank panel at its disposal for FX execution.
Each counterparty might have different trade processes and systems to navigate, and so the corporate might have to make an additional investment... in an aggregator platform to centralise price discovery..."
Multibank FX platforms and fintech FX solutions - Eric Huttman, CEO of MillTechFX - The Treasurer online, October 2021


See also