chpt 16 and 17. when calculating income tax payable do you add or subtract these items Flashcards
1
Q
provision for income taxes - current
A
add
2
Q
provision for income taxes 0 deferred
A
add
3
Q
interest and penalties on taxes
A
add
4
Q
amortization of tangible assets
A
add
5
Q
amortization of natural resource assets
A
add
6
Q
amortization of intangible assets
A
add
7
Q
RECAPTURE of CCA allowance
A
add
8
Q
loss on disposal of assets
A
add
9
Q
charitable donations and gifts
A
add
10
Q
golf club dues
A
add
11
Q
non-deductible meals and entertainment expenses
A
add
12
Q
non-deductible life insurance premums
A
add
13
Q
non-deductible company pension plans
A
add
14
Q
gains on disposal of assets
A
deduct
15
Q
non-taxable dividends
A
deduct
