What is Taxify?
1.
verb
To calculate net income for tax purposes by adjusting GAAP net income for the differences between GAAP and tax treatments.
The term was originally coined by Tran Chung, a Chartered Accountant while he lectured taxation at the University of British Columbia.
The tax final requires students to taxify net income.
Taxified income contains 50% of meals and entertainment expenses.
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Random Words:
1.
When your internet is so much of an epic fail, that it can only be described as failternet.
Usually used when your internet connection ..
