His Presence in the Midst of You
World of Books
The feel-good place to buy books
His Presence in the Midst of You by Charles Elliott Newbold Jr
The financial and economic crisis had a devastating impact on bank profits, with loss-making banks reporting global commercial losses of around USD 400 billion in 2008. This level of commercial losses has brought tax risks for both banks and revenue bodies. These risks affect banks' profits, their capital base, and their level of certainty. For revenue bodies, the concern is that aggressive tax planning involving losses will further reduce already depleted tax revenues as a result of the crisis. This comprehensive report: Sets the market context for bank losses and provides an overview of the tax treatment of such losses in 17 OECD countries; Describes the tax risks that arise in relation to bank losses from the perspective of both banks and revenue bodies; Outlines the incentives that give rise to those risks, including incentives related to the regulatory capital treatment of accumulated tax losses accounted for as deferred tax assets; Describes the tools revenue bodies have to manage these potential compliance risks; and It concludes with recommendations for revenue bodies and for banks on how risks involving bank losses can best be managed and reduced. Further reading: Building Transparent Tax Compliance by Banks (2009); Engaging with High Net Worth Individuals on Tax Compliance (2009); Study into the Role of Tax Intermediaries (2008)
Charles grew up in church, graduated from seminary, and pastored for twelve years before falling away from the faith and becoming a professed atheist. In 1978, God sovereignly turned him around and caused him to seek the Lord with a whole heart. He has been back to seminary and has ministered as a pastor, teacher, and counselor. However, his primary calling in the Lord is to sit before Him, listen to His still small voice, and write what he hears.
| SKU | Unavailable |
| ISBN 13 | 9780964776623 |
| ISBN 10 | 0964776626 |
| Title | His Presence in the Midst of You |
| Author | Charles Elliott Newbold Jr |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Ingathering Press |
| Year published | 1998-07-01 |
| Number of pages | 76 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |