Don’t speed in Finland!

Posted by & filed under Accounting Information Systems, Accounting Principles, All Articles, Auditing, Cost Accounting, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting.

In Finland, speeding infractions fines are calculated according to income. This article notes that in Nordic countries, like Finland, many citizens believe that the rich people should pay more for the same offense if justice is to be served. Questions: 1. According to U.S. Tax laws, are speeding tickets tax deductible? 2. How much over… Read more »