Tax Accounting

Tax accounting or ‘accounting for taxes’ is concerned with calculating income and profits. It helps companies know tax liability and net profit after taxes.

  • securities transaction tax

    What is Securities Transaction Tax (STT)?

    STT can be defined as a tax imposed on the purchase and sale of securities in the financial markets. Its primary role is to regulate and monitor securities tran

  • management accounting tax accounting

    Differences between management and tax accounting

    Financial accounting and reporting are only part of the broad field of accounting. Other significant kinds of accounting include management accounting and tax a

  • Meaning of the Ad Valorem

    What is the Meaning of the Ad Valorem?

    Ad valorem is a Latin phrase meaning “according to value.” In essence, it is used to describe a tax levied based on the value of the item being taxe