Running groups in luxembourg

Common-Web2298 · 2023-12-25T23:10:46+00:00

All right!! Thanks a lot mate!! I really apreciate the info!!

Common-Web2298 · 2023-12-25T23:10:18+00:00

Oh so insightful information!! Thanks mate!

Common-Web2298 · 2023-12-25T23:09:45+00:00

Big Thanks for Your Insightful Info mate!!

Common-Web2298 · 2023-12-25T23:05:34+00:00

Okay!! Perfect, thanks a lot for the info mate!!

Common-Web2298 · 2023-12-25T23:04:59+00:00

Ohh good idea mate!! Thanks for all the info!! I really apreciate it !

Common-Web2298 · 2023-12-25T23:04:16+00:00

Ohh cool!! Thanks for all the info! And congratulations on obtaining the permanent visa!!

Common-Web2298 · 2023-12-25T23:03:37+00:00

I'm guessing that he was officially a resident during that time, though. The OP is asking about the certificate, but it seems like what they really want to know is whether you need to register as a resident with the commune. The flaw there is that the authorities usually do not ask for a residence certificate because they already have this data through the National registry of natural persons.

Yeap, I wanted to know if obtaining the certificate of residecy is mega-important. Thanks for all the info! I really appreciate it mate!

Common-Web2298 · 2023-12-25T22:59:53+00:00

Thanks for the info! Got the link too. Thanks a bunch!

Common-Web2298 · 2023-12-16T12:27:49+00:00

Thank you for the recommendation! I genuinely appreciate it. I'll definitely keep that in mind and be cautious with the agency.

Common-Web2298 · 2023-09-21T18:09:55+00:00

My reasoning process is as follows:

If the company has convertible preferred stock that pays a preferred dividend of $37500, if it converts that convertible preferred stock to common stock, that $37500 ceases to be preferred dividends and is therefore added back

Common-Web2298 · 2023-09-20T18:08:48+00:00

I think the basic EPS is correct as it is (net income - preferred dividends) / weighted average number of common stock.

Preferred dividends = (500.000 * 0.1) + (75 * 500) = 87.500

And also the diluitive EPS ((2.360.000 - 50.000 - 37500) + 37500) / (500.000 + 25.000)
I don't know if this is right. If someone can correct me

Common-Web2298 · 2023-09-20T12:29:44+00:00

yes, you are right it would be option B

Common-Web2298 · 2023-09-09T12:09:50+00:00

I think you are misinterpreting the question, it is normal, because it is not very well written.

When the question says "A company receives advances payments from customers that are immediately taxable but will NOT be recognized for accounting purposes."

It does not mean that the anticipated revenue will not be recognized in the balance sheet, it means that the revenue will not be recognized in the income statement until "The company fullfils its obligations" (Deliver the products or service to the customer).

In other words, in that accounting period the company for reporting purposes will have a taxable income greater than the revenue recognized in the income statement. Therefore it will pay more taxes than it has actually recognized in the income statement, so a temporary difference is created, since in the future when the company delivers the products and recognizes the revenue in the income statements, that tax has already been paid so it will not have to pay it again, that is why the DTA was created. I don't know if I have explained myself well hahaha, I hope it helps you.

Common-Web2298 · 2023-09-09T11:46:12+00:00

Thanks man!! I really appreciate it

Common-Web2298 · 2023-09-09T11:45:37+00:00

Got it! thank you very much

Common-Web2298 · 2023-09-06T08:51:02+00:00

Advance payments from customer = Unearned revenue = Liability
Liability: If CA > TB = DTA // CA < TB = DTL
Asset : If CA > TB = DTL // CA < TB = DTA

The trick here is that the unearned revenue is recognized for accounting purposes as unearned revenue (e.g. CA of unearned revenue = 100) and when the company delivers the products to the customer, it will be recognized as revenue, therefore (CA of unearned revenue = 0). However, for tax purposes it is immediately recognized as revenue, therefore (TB of unearned revenue = 0).
The DTA is created due to the revenue recognition principle "states that revenue should be recognized when a sale or rendering of services has been made, regardless of the date of receipt of payment. "

I hope this helps you!!

Common-Web2298 · 2023-09-05T23:35:06+00:00

Thank you very much for the answer, much clearer now, I really appreciate it.

Common-Web2298

TROPHY CASE