Taxes - profit or income?
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sergio:
I thought that companies pay taxes from profit.
Well on week 23, i had Sold tickets 972 979 USD + 335 USD interest, total costs -730 046 USD.
And tax 30% - 448 363 USD. Thus resulting in -205 095 USD, insteade of
(973979 + 335 - 448363) * 0.7 = +170287.60 USD.
I I am VAT company, than +30 % must be added to tickets, when sold.
I just dont know.
rgss:
I think the withheld tax is calculated on a monthly basis, so the previous month to that week you shuold have earned 1 494 543 $ ... ::)
cheers
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