Example: air traffic controller
Tax Treatment Of Dividend Received From
Found 1 free book(s)Chapter 7 Earnings & Profits and Distributions
www.ftb.ca.govtax purposes because of different treatments with respect to reserves, depreciation, and depletion. E&P for tax purposes also rarely equals taxable income because of non-cash deductions (e.g., dividend received deductions) and exclusion of specific items of income (e.g., federal income tax refund) that are allowed in computing taxable income.