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To: Your Nightmare

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 HP’s 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...


577 posted on 08/02/2004 12:15:20 PM PDT by rolling_stone
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To: rolling_stone
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.

The paper clearly state that it reviews the costs:
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.

583 posted on 08/02/2004 12:28:11 PM PDT by Your Nightmare
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