Rounding rules for tax bases and taxable amounts require standardized multiples, with prescribed method governing their application. Rounding rules require computed tax bases to be rounded to the nearest prescribed higher-denomination multiple, and amounts payable or receivable to be ... Summary
Rounding rules for tax bases and taxable amounts require standardized multiples, with prescribed method governing their application.
Rounding rules require computed tax bases to be rounded to the nearest prescribed higher-denomination multiple, and amounts payable or receivable to be rounded to the nearest prescribed lower-denomination multiple, with the specific method of rounding to be prescribed.
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