• OrteilGenou@lemmy.world
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    8 days ago

    Timmy, your teacher sent you to me because you opted not to disclose the liquidation of a foreign capital asset on your mock corporate tax filing, and instead paid the balance of sale out to yourself as a bonus and tried to hide this behind artificially depreciating the asset at an accelerated pace to make it appear as though there was no gain on sale. You’re going to sit here until you can properly explain yourself, no capri sun or snack packs until I get answers!