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income tax from examples

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › income tax from examples

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by AvatarP2-D2.
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  • October 26, 2018 at 4:59 pm #479891
    Avatariyamu
    Participant
    • Topics: 286
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    • ☆☆☆

    what do you mean by pctct please?

    October 28, 2018 at 7:47 am #480004
    AvatarP2-D2
    Keymaster
    • Topics: 4
    • Replies: 7232
    • ☆☆☆☆☆

    Profits chargeable to corporation tax, it is the tax equivalent of PBT and takes our PBT and adjusts it for differences between the accounting rules and tax rules before the tax rate is then applied in calculating the tax liability for the year.

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