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Losses incurred by the taxpayer, his/her partner, or dependents from a catastrophe caused by power majeure are deductible. No deduction is allowed for any portion of such a loss for which insurance profit or relief has been received. To say deductions, one ought to apply to the Taxation Administration for an investigator to appraise the losses inside 15 days after the catastrophe's prevalence. If you want to modify your firm’s present offerings, Thomson Reuters has you lined. Thomson Reuters Practice Forward® is this system of alternative for numerous accounting firms seeking to make the shift into tax or accounting advisory services. Each Apply Ahead guide is skilled in successfully guiding firms like yours via the Apply Forward process. Begin your journey to tax advisory companies at the moment.

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