Definition of Tax Method


Tax Method means either Capital Gains Method or Labor Income Method.
Sample 1

Examples of Tax Method in a sentence

The books of the Partnership shall be maintained, for financial reporting purposes, in accordance with generally accepted accounting principles and in accordance with the Income Tax Method of Accounting.
The books of the Company shall be maintained, for financial reporting purposes, in accordance with generally accepted accounting principles and in accordance with the Income Tax Method of Accounting.
Second, the State lacks access to information that would help determine how many such entities might elect to take advantage of the APVC Tax Method.
Figures Stated in Thousands of Pesos ($) and Thousands of U.S. Dollars (US$) 1.15.1. Accounting for Income Tax according to the Deferred Tax Method Banco de Galicia y Buenos Aires S.A. and Compania Financiera Argentina S.A. determine the income tax charge by applying the effective tax rate to the estimated taxable income, without considering the effect of any temporary differences between book and taxable income.