RE:RE:RE:Raising Bank’s Tax from 15% to 18% for Earning More than $1BNo Quinty when you have your accountant do the Corps taxes even though the taxes show as an expense they do not show on the tax return as a deduction.
Our accountants have been doing our books for 30 plus years and that is how they do them. If you think about it tax is an expense for the business but not a tax deductible one. So I assume Mark Twain may have been referring to someone else ... lol. I can understand that someone who does not own a small business might get the wrong impression from my statement.
Cheers, have you decided what you are doing with your IPL shares yet?