Examlex
Juveniles do not have the protection of the Miranda decision: they do not have the right to remain silent during police interrogation.
Accrual Method
A bookkeeping approach that registers revenues and costs as they are accrued or realized, irrespective of the timing of the associated cash transactions.
Taxable Income
The amount of income that is subject to income tax after deductions and exemptions.
Corporate Income Tax Rate
The percentage of corporate profits that are paid to the government as income tax.
Interperiod Tax Allocation
The accounting practice of distributing income taxes equally among the different periods affected by temporary differences.
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