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Choose the tax number. "Accounting for Growth" was a classic book written after the late 80's stock market bubble in the UK about how people were fooled by bad
by rb808 8y ago
Choose the tax number.
"Accounting for Growth" was a classic book written after the late 80's stock market bubble in the UK about how people were fooled by bad accounting and how to spot fraud. One of the main pieces of advice is that the tax number is usually more correct. If a company says it makes huge profit while paying little tax its likely not real profit.