Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can flow-through funds excluded from gross revenue be included in the computation of COGS?

0
Posted

Can flow-through funds excluded from gross revenue be included in the computation of COGS?

0

No, any amounts excluded from gross revenue cannot be included in COGS. TTC 171.1011(j).

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123