What is the difference between Authorized and Issued Shares

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Question -

- What is the difference between: Authorized Shares, Issued Shares, and Outstanding Shares? Elaborate.

- What is the difference between a "Permanent" difference and a "Temporary" difference on a corporate tax return?

- Provide an example of a "Permanent" difference and provide an example of a "Temporary" difference.

Reference no: EM132635557

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