W wingman New member Joined Apr 4, 2006 Messages 0 Reaction score 0 Apr 4, 2006 #1 Can somebody explain to me the concept of Statutory tax incidence and actual incidence.
J jamespucyk New member Joined Feb 7, 2006 Messages 0 Reaction score 0 Apr 4, 2006 #2 Statutory = Marginal tax bracket; what a company should be charged. Actual = Actual tax charge; a function of tax deferrals; a function of different accounting methods used by the company.
Statutory = Marginal tax bracket; what a company should be charged. Actual = Actual tax charge; a function of tax deferrals; a function of different accounting methods used by the company.