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There are vast profits to be made by dodging the taxes payable on what we drink.
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On this account, governments impose taxes payable only in money, creating a demand for money that means it will be widely accepted as payment for goods.
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Roughly speaking, cash flow from operations is defined as net income plus depreciation, plus decreases in receivables and inventory, plus increases in accounts payable and deferred taxes payable.
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Other taxes on production consist of all taxes, except taxes on products, payable by enterprises in connection with their participation in the production process.
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If, however, a business taxpayer used the money to replace a worker or put a relative on the payroll, the deferred taxes would all become due and payable.
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Statutory rates are calculated by adding up the tax rates payable at the federal and state level, including payroll taxes.
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Also, real estate taxes are close to universal and at least in every state I am familiar with payable at least annually.
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Those taxes, which include sales and use tax and real estate tax, are generally payable by the organization unless exempt either by application or by agreement.
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