Tax Organization Interest in XBRL GL
XBRL GL was designed to be generic and holistic, and serve as a bridge between transaction space and reporting. As such it has gained interest from many sectors, including tax administrators in OASIS (organization) and the Organisation for Economic Co-operation and Development (OECD). XBRL GL has been adopted by the Turkish government for the standard for electronic bookkeeping for tax purposes. XBRL GL uniquely can track and reconcile the book-tax differences found in direct taxation regimes, including permanent and timing differences.
Read more about this topic: XBRL GL
Famous quotes containing the words tax, organization and/or interest:
“...many tax collectors and sinners were also sitting with Jesus.”
—Bible: New Testament, Mark 2:15.
“I will never accept that I got a free ride. It wasn’t free at all. My ancestors were brought here against their will. They were made to work and help build the country. I worked in the cotton fields from the age of seven. I worked in the laundry for twenty- three years. I worked for the national organization for nine years. I just retired from city government after twelve-and-a- half years.”
—Johnnie Tillmon (b. 1926)
“I am pleased to think of Channing as an inhabitant of the gray town. Seven cities contended for Homer dead. Tell him to remain at least long enough to establish Concord’s right and interest in him.”
—Henry David Thoreau (1817–1862)