What Are the Three Types of Permanent Differences Between a Corporation's

question 90

Short Answer

What are the three types of permanent differences between a corporation's pretax financial income and taxable income?

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Definitions:

Agency Shop Clause

A provision in a collective bargaining agreement that requires employees to pay union dues or fees, regardless of whether they are union members.

Section 8

Refers to a provision of the National Labor Relations Act that defines unfair labor practices by employers, unions, or employees.

NLRA

The National Labor Relations Act, which is the foundational statute of United States labor law that protects the rights of employees and employers, to engage in collective bargaining and other activities.

Concerted Activities

Actions taken jointly by workers, typically for the purpose of collective bargaining or other mutual aid or protection.