To calculate net income for tax purposes by adjusting GAAP net income for the differences between GAAP and tax treatments.
The term was originally coined by Tran Chung, a Chartered Accountant while he lectured taxation at the University of British Columbia.
Taxified income contains 50% of meals and entertainment expenses.
Order a taxi from your phone, without waiting for the dispatcher.
Made by proud geeks from Estonia.
- I was too drunk to dial, but a Taxify driver picked me up.
- Well that explains it!