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:
“But the tax collector, standing far off, would not even look up to heaven, but was beating his breast and saying, ‘God, be merciful to me, a sinner!’”
—Bible: New Testament, Luke 18:13.
“The Red Cross in its nature, it aims and purposes, and consequently, its methods, is unlike any other organization in the country. It is an organization of physical action, of instantaneous action, at the spur of the moment; it cannot await the ordinary deliberation of organized bodies if it would be of use to suffering humanity, ... [ellipsis in original] it has by its nature a field of its own.”
—Clara Barton (1821–1912)
“In looking back over the college careers of those who for various reasons have been prominent in undergraduate life ... one cannot help noticing that these men have nearly always shown from the start an interest in the lives of their fellow students. A large acquaintance means that many persons are dependent on a man and conversely that he himself is dependent on many. Success necessarily means larger responsibilities, and responsibilities mean many friends.”
—Franklin D. Roosevelt (1882–1945)