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Difference between financial reporting and tax reporting

What is the difference between financial reporting and tax reporting? What is the benefit for companies of having two sets of books? Do you think this practice should be legal? Why?
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Assignment ID
39348
Discipline
Type
CREATED ON
29 August 2016
COMPLETED ON
30 August 2016
Price
$30
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adrianajonuzi70
8 December 2017
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19 November 2017
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good work
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17 November 2017
qrs681
Thank you my completed assignment.