EPISODE · Nov 15, 2021 · 6 MIN
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.
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Tax Short - The Pros and Cons of Taxing GAAP (the Amazon Tax)
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This episode is 6 minutes long.
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This episode was published on November 15, 2021.
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