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For Tax - corporation tax payable/ tax penalty payable/ underpaid tax Why is it a debt-like item? In what case, it may not be? Any

For Tax - corporation tax payable/ tax penalty payable/ underpaid tax Why is it a debt-like item? In what case, it may not be? Any other net debt examples you can relate to from your experience/project that fall into your allocated BS category How do we verify/quantify these items (e.g: checking board minutes, mgt discussion, via bank rec analysis etc.)

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