The total amount spent on federal tax compliance is about 13 percent of the total HP Corporate Tax Department budget. It is interesting to note that HPs total costs of local (U.S.) sales and use tax compliance exceed its federal income tax compliance costs.
that study only goes to the time used to fill out an 1120...
that study only goes to the time used to fill out an 1120...This is another example of NRST supporters dismissing out-of-hand any information that doesn't fit their desired outcome.
directly related to the preparation of a ready-to-file Form 1120 and accompanying forms (such as Forms 5471) typical of the filing requirements of a large U.S. multinational.