English, asked by raneyash0, 4 months ago

provision for income tax reduces​

Answers

Answered by Anonymous
4

Answer:

provision for income taxes is the estimated amount that a business or individual taxpayer expects to pay in income taxes for the current year. ... This provision can be altered to a considerable extent by the amount of tax planning that a person or business engages in to defer or eliminate the income tax liability.

Answered by Anonymous
7

Answer:

A provision for income taxes is the estimated amount that a business or individual taxpayer expects to pay in income taxes for the current year. ... This provision can be altered to a considerable extent by the amount of tax planning that a person or business engages in to defer or eliminate the income tax liability.

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