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How do we compute Interest Tax Shield ? How is it presented in financial statements?

Tax Audits Accounting Tax Accounting Financial Reporting Financial Management
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Question added by Deleted user
Date Posted: 2014/09/03
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Ken Michael Bito-on
by Ken Michael Bito-on , Equity Research Analyst , Factset Philippines

1.)Interest expense times applicable corporate tax rate.

 

2.) Interest Tax  Shield is not explicitly presented  in Financial Statements (Profit and loss). but  its effect is in the net income is already there.

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