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Revenue Audit·Engagement 04 of 05

Currency, Tax, and Service-Charge Treatment

Functional versus presentation currency, VAT inclusivity, and how service charge is split between revenue and a tronc-like distribution all affect the royalty base and the answer the contracting party expects.

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Functional versus presentation currency, VAT inclusivity, and how service charge is split between revenue and a tronc-like distribution all affect the royalty base and the answer the contracting party expects.

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