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September 26, 2025
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US Companies Divulging Tax Details in Accounting Change (Correct)
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US Companies Divulging Tax Details in Accounting Change (Correct)

Daniel Porter2 years ago05 mins mins

Seven years and three controversial proposals later, US accounting standard-setters voted Wednesday to require companies to tell the public more about the taxes they pay. Starting as soon as 2025, company annual financial reports will have to include the year-to-date amount of income tax paid, net of refunds received, to state, federal, and foreign taxing…

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