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    tax compliance report

    Definition

    A tax adjustment report shows the differences between the profit according to accounting rules and the taxable income.

    Common adjustments

    • Accounting depreciation versus taxation
    • Unrecognized expenses (fines, accommodation)
    • Exempt income
    • Losses are carried forward

    Important Note: The information on this website is for general informational purposes only and does not constitute professional tax advice. Consult a qualified tax advisor before making financial decisions.