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zhy · 2018年09月06日

问一道题:NO.PZ2017102901000052 [ CFA I ]

问题如下图:

    

选项:

A.

B.

C.

解释:


您好,这里计税过程是怎样的逻辑?费用 和 税是什么关系呢?

1 个答案

竹子 · 2018年09月07日

比如同样是100的收入,公司A的费用是60,公司B的费用是80,那么B的费用比A多20,那是不是B的利润就比A少20呢?

并不是的,在考虑所得税的情况下,假设税率为30%,A公司的NI=(100-60)(1-0.3),B公司的NI=(100-80)(1-0.3),我们可以看出B公司的NI比A公司少20(1-0.3)而不是20.

所以我们说费用相当于有一个税盾的作用

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