Why would a company's statutory tax rate be different from its GAAP tax rate as well as its cash tax rate?
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I have no idea what a "cash tax rate" is.  The primary reason for differences between GAAP tax LIABILITY and actual tax liability is that certain income and expense items are recognized in different years for financial reporting purposes that for tax purposes.  GAAP attempts to recognize tax liability in the same year as it recognizes income, even if this differs from the year the IRS recognizes it.
240449
The main choice is Discounted Cash Flow versus Internal Rate of Return.\n\nSome authors have a preference for one versus the other.\n\nUnder normal circumstances they produce the same answer; however, under unusual circumstances they produce different answers.  IRR requires that you be able to solve n-th degree polynomials, which can often be approximated with software like EXCEL.  IRR also produces multiple solutions, some of which need to be discarded as unrealistic.
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yes taxes rate are different for bonuses
658299
To seriously know that you have to get 'Students guide to income tax'... for income taxes and 'service tax' by any author for service tax. VAT stands for value added tax and it is charged on the value created at each stage in the trade process. this means that if a mfg sellers to another trader rs 100 article, rs 10 is tax ( i think prevailing tax rate is 10% with 2% cess) then the seller will sell to another dealer at 150 his tax will be 15rs minus what he has already paid ie output tax minus input tax so his liability will be rs 5. there are few different tax rates for VAT you need to confirm with an accountant or CA, or just browse on google, there are so many sites devoted to VAT
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Debt - Interest payments are tax deductable\nEquity - Dividend payments are not tax deductable
533468
The difference is in the tax system.  While most countries' taxes are calculated as a sort of VAT or other tax INCLUDED in the price, the American tax system is designed as an add-on.  In other words, the tax is only determined after the purchases, and it is not a tax on the item so much as it is a tax on the sale.\n\nThe implication is that it actually costs a few cents less than if the tax were calculated into each item, but on the other hand, it does lead to confusion for those who are not accustomed to the system. \n\nHowever, it is also important, because in the U.S., the sales taxes are not national.  Some states, such as Delaware and New Hampshire, have no sales tax at all.  Thus, it would be pointless to have the tax already included in any sort of national price, because it would cause everyone to have to reprice items in each locale.  \n\nBy the way, not ALL taxes in America are calculated that way.  The gasoline (petrol) tax is included in the price because it is not a sales tax, but instead is a tax on the item.
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I use an accountant because she pays for any mistakes and she knows " Tax Loop Holes that are totally legal " .Besides the IRS can charge more interest rates than anyone else I know .LOL  Taxes are one of those things you make sure is done by someone you can charge if done wrong . H&R block didn't get the breaks my accountant has .Might be basic forms they use or something .Ask around your area or phone book .
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There are several different types of businesses (ie Sole Proprietorship, S-Corp, C-Corp, Partnership) entities.  You can learn a bit about the differences at www.mycorporation.com.  You can even file all of the necesary documents thorugh this website.
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For a few reasons.  First, it adds credibility.  Second, it prevents you from being personally liable for company debts.  Third, it makes it easier to account for business income and expenses (although you do have to pay for a tax return for the LLC).  Fourth, you may save taxes by avoiding self-employment income, but only if you elect to have the LLC taxed as an S corporation.  Fifth, if you bring on a partner or sell the business later, it's a lot easier to accomplish if the business is run by an LLC.  Sixth, some of the above apply to corporations as well, but it's an LLC is much less formal and a lot easier to operate than a corporation.
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Set up the expected after-tax cash flows under both scenarios.  Take the present value of these cash flows. Set the present value of one scenario minus the present value of the other equal to zero.  Use Excel's internal rate of return function to solve for the interest rate.
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Yes! VAT has nothing to do with profit, if you don't register at the correct value of turnover then you are committing an offence, so register and claim it back, you can't make profit from VAT.\nBut if adjusts your figures then reinvest in the organisation and lose the money into a new piece of kit or to benefit the organisation.
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your question doesn't make sense.\n\nMaking millions is different than back taxes, which usually indicates owing money.
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After deductions the percentage taken out on the second job is higher than the first, and due to income tax brackets, the marginal tax rate for the third job will be higher than for the second.  However, it's impossible to know for certain without more information.  However, the total rate will be the same, even if you increase your hours and make the same amount on your first job.
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Since Boston Scientific is the company doing the takeover, the cost basis for their shares shouldn't change. (Although you should check for any tax documentation that Boston sends out, in case there are any unusual quirks.) If you need assistance determining your Boston Scientific cost basis, you may want to check out taxbasis.com
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Cash flow is a more pure reading of exactly how the business is doing.  EPS can have a lot of other factors that are variable from quarter to quarter, such as one time charges or different tax rates.
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(m)\n\nA Statutory Corporation is a corporation created by statute. Statutory corporations are often government owned or part owned businesses and may return dividends to Government
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The main thing people will gripe about is that Canadian corporate tax is a few points higher than in the USA.  However, employers in the USA end up paying a lot of money out for health care, while in Canada the government covers most of that cost.  So it works out fairly evenly.