Meh. Only two things i care about...
1) They voted in a rapist/tax dodger and crim
2) The TPP is dead (hopefully)
Rapist. No proof of that is there?
.
Tax dodger. Nope he paid the tax he legally had to.
I don't need to waist any brain cells beyond that.
No matter whose side you are on, that's the crux of this matter around here. It's a pain arguing with some kunce who just like to argue.
No matter whose side you are on, that's the crux of this matter around here. It's a pain arguing with some kunce who insist on having a different opinion to me.
Rapist. No proof of that is there?
Tax dodger. Nope he paid the tax he legally had to. I'm sure you try and minimize the tax you pay and are not paying a heap more than you have to out of the goodness of your heart.
What makes you think you know what the American people need more than what they do. And it's funny Aussies like to think of yanks as self centered, ignorant people.
Substance over form is the term Accountants like to use. Lawyers like to use the phrase "the spirit of the act".
Just because you can find a loophole, doesn't mean that your Financial Statements represent a True and Fair view which is the overriding principle. That's first year Accounting Barry.
But like you, his Lawyers would sit there all day arguing waffle so as to get away with it.
Probably smarter to comply with the letter of the law rather than the spirit when it comes to something like tax.
'True and fair' is an audit term. Pretty sure that was third year accounting but it's a while back now. True and fair has exactly zero to do with the fulfillment of civic responsibility. Truth refers to mathematical accuracy and fairness refers to whether the presentation of the information as a whole is misleading. Truth and fairness is a very high standard to achieve and difficult to attest to which is why audit reports used to use the term 'presents fairly' rather than true and fair.
That's the name of an accounting standard. It still has zero to do with being a good citizen. If you don't pay your tax and the financials correctly record the fact, they will still be true and fair as far as the accounting standards go.Tax Law is still Law. The spirit of the Act is what Courts eventually go to.
AASB101 Presentation of Financial Statements (True and Fair view) is first year Accounting, not just Auditing.
That's the name of an accounting standard. It still has zero to do with being a good citizen. If you don't pay your tax and the financials correctly record the fact, they will still be true and fair as far as the accounting standards go.
Accounting standards are about the preparation of financial statements. They are not about compliance with legislation, tax or otherwise.WTF. If your Financial Statements do not represent a True and Fair view it is essentially Fraud, although people will argue (successfully) that they complied with AASB666 Property Plants and Marijuana yada yada.
Accounting standards are about the preparation of financial statements. They are not about compliance with legislation, tax or otherwise.