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Contingent tax liabilities (See Chapter 7 of the Vernimmen)
Sometimes, if the company were to take certain decisions, it would have to pay additional tax. These taxes are the result of contingent taxation. They represent contingent tax liabilities, e.g. stemming from the distribution of reserves on which tax has not been paid at the standard rate.
Contingent tax liabilities (See Chapter 7 of the Vernimmen)
Sometimes, if the company were to take certain decisions, it would have to pay additional tax. These taxes are the result of contingent taxation. They represent contingent tax liabilities, e.g. stemming from the distribution of reserves on which tax has not been paid at the standard rate.
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