Future income taxes are upcoming tax costs or savings due to discrepancies between financial statements and tax returns.

Tax evasion means purposely not paying taxes you owe. In contrast, a tax filing error usually happens because of a mistake, misunderstanding, or oversight. Most errors can be fixed by filing an ...

Shareholders’ equity remained negative, underscoring the company’s weak capital position. Total equity stood at a deficit of N219.69 million as at June 30, 2024, compared with a negative N216.68 ...