List some of the differences between taxable items for NY State tax purposes and IRS tax purposes

How are deferred tax assets and deferred tax liabilities classified and reported in the financial statements?

Briefly explain the precise difference between a refundable vs. a nonrefundable tax credit. Provide one or two examples of each category.

Please critically evaluate and discuss in detail how a deferred tax provision can arise under IAS 12, Income Taxes, and the available methods for calculating the deferred tax provision.

What is the most common example of tax earmarking at the state level?

Which of the following statements are correct?  i. A VAT invoice should be pre-numbered and must show the: - Words “Tax Invoice” (shown prominently) ii. A VAT invoice should display the total amount of the consideration and the VAT. iii. A VAT invoice should display the name and address of the registered taxpayer to whom the taxable supply is made. iv. A VAT invoice should display the date of the taxable supply. a.All of the above b.i, ii and iv c.i, and iii d.i only