Soil resources depreciation and deforestation Philippine case study. t is important for businesses organized and taxed as regular corporations (so-called C corporations, from subchapter C of the Code governing corporate tax treatment) to maintain a current, accurate accounting of their earnings and profits (E&P). The study also estimated the off site cost of soil erosion. For Magat, the loss was estimated at PHP 18/ton of sediment while it was PHP 30/ton for Studies on soil yield loss relationships are more advanced in the United States with the development of the Erosion Productivity Impact Calculator.
Earnings and Profits Computation Case Study Almost every corporate transaction affects E&P, and many transactions require an accurate accounting of the corporation’s E&P to determine the appropriate tax treatment. This case study describes, in general terms, the relevant authorities that govern the determination of E&P using a hypothetical fact pattern to illustrate how the calculations are performed and provides a process and format to facilitate the efficient calculation of E&P.
Case study - Depreciation Although corporations are not required to report corporate E&P on Form 1120, , they are responsible for knowing the company’s E&P when it is relevant to determining the correct tax treatment of a transaction. Case study - Depreciation. Example. A Pizza Oven is bought on 30 September 2001 for 000. It costs a further 00 to install. The residual value is estimated at 00 and the estimated life is 6 years. Required * calculate depreciation for the year ended 30.6.2002 and.