Taxes

Tax authorities throughout the world want organizations to maintain records, regardless of form or media, that are true and accurate, legible, accessible, and ..... for as long as they are needed for tax purposes.

However, electronic records ..... certain risks not generally encountered with manual, paper-based recordkeeping.

In Draft Taxation Ruling 97/D4, the Australian Tax Office notes that electronic tax records (i.e., those required to compute a corporation's tax liability and to ..... that liability to the government during tax audits) are subject to destruction, tampering and obsolescence.

DTR 97/D4 sets forth ..... prescribing the characteristics of electronic recordkeeping systems required to make computerized accounting systems sufficient for tax purposes.

Businesses operating computerized accounting systems must have ..... adequate controls to safeguard the security and integrity of the records processed and retained in such systems.

The ruling provides that any tax records using this technology must be stored for the ..... period of five years.

The most comprehensive insurance policy is guaranteed ..... cost coverage, which will pay to rebuild your home even if the cost to rebuild is more than your policy limit.

..... accounts are accounts with commercial banks and credit unions that pay interest but cannot be used directly as money (by, for example, writing a cheque); these accounts let customers set aside a portion of their liquid assets that could be used to make purchases while earning a monetary return.

For sophisticated investors, our firm, also registered as a ..... Trading Advisor (CTA), offers a wide variety of investment and trading solutions to suit various portfolios and investment strategies in asset management using commodities, futures and options.

..... Oscillator is a momentum indicator developed by George Lane that measures the price of a security relative to the high/low range over a set period of time; the indicator oscillates between 0 and 100, with readings below 20 considered oversold and readings above 80 considered overbought.