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Payroll

Payroll Payroll is the process of calculating, recording, and distributing employee salaries, wages, and other payments. It is typically performed by HR departments or specialized payroll service providers. Key Components of Payroll: 1. Employee Information:– Employee name- Job title- Salary or wage- Hours worked- Deductions and contributions 2. Payroll Calculations:– Gross pay- Net pay- Overtime […]

1 min read

Transfer Pricing

Transfer Pricing Transfer pricing is a tax planning technique that involves manipulating the prices of goods, services, and intangible assets between related companies to avoid paying taxes in one jurisdiction and shifting profits to another. How Transfer Pricing Works: Related companies: Two or more companies that are controlled by the same parent company are involved. […]

2 mins read

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