Examples of ASC 740 in a sentence
In Part XIII, provide the text of the footnote to the organiZation's financial statements that reports the organiZation's liability for uncertain tax positions under FASB ASC 740.
In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740).
In Part XIII, provide the text of the footnote to the organiZation's financial statements that reports the organiZation's liability for uncertain tax positions under FIN 48 (ASC 740).
In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FASB ASC 740.
ASC 740 prescribes the minimum recognition threshold that a tax position is required to meet before being recognised in an entity's financial statements.
Under ASC 740, we recognize deferred tax assets and liabilities for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases.
A prospective investor should be aware that, among other things, ASC 740 could have a material adverse effect on the periodic calculations of the Net Asset Value of a Portfolio, including reducing the Net Asset Value of a Portfolio to reflect reserves for income taxes, such as US and foreign withholding taxes and income taxes payable on income effectively connected with a trade or business, that may be payable by a Portfolio.
Pursuant to ASC 740, the Company is required to compute tax asset benefits for net operating losses carried forward.
Per FASB ASC 740 “Income taxes” under the liability method, it is the Company’s policy to provide for uncertain tax positions and the related interest and penalties based upon management’s assessment of whether a tax benefit is more likely than not to be sustained upon examination by tax authorities.
It is recommended the competition run from Friday to Sunday inclusive, with podium training on the Thursday morning and afternoon.