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Paulo Oliveira
Jul 4, 2009, 07:28 AM
Hi

I am brazilian and I work in america company... I have doubt about the Fas 109.

I would like to know how I do correct calculate the income tax on Fas 109.. Have I calculate income tax on calendar or fiscal year ?

I asked about calendar year or fiscal year because of the company had loss in fiscal year however in the calendar year had gain... somebody help me ?

Tks


PS > I am not fluency in english so I believe that the text above it must mistake.

AtlantaTaxExpert
Jul 6, 2009, 09:31 AM
FAS 109 is an accounting standard used to account for how income taxes affects enterprise activities. You do NOT in any way, shape or form deal with FAS 109 reports unless you are an accountant yourself, which I find unlikely because such a question would not posted on this type of forum.