Tax Short - The Pros and Cons of Taxing GAAP (the Amazon Tax)

from Tax Chats · host Dyreng and Hoopes

Send us Fan MailScott explains why companies have two separate accounting systems, one for reporting income to shareholders (GAAP), and one for reporting income to the IRS. He describes some pros and cons to taxing GAAP, as has been proposed by Joe Biden, Elizabeth Warren, and others.

Episode metadata supplied by the publisher feed · Published Nov 15, 2021

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Tax Short - The Pros and Cons of Taxing GAAP (the Amazon Tax)

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