Whether a tax is characterized in the statute imposing it as a privilege tax or an excise. tax is merely a choice of synonymous words, for an excise tax is a privilege tax.â) Thus, the excise tax now before us is, by more complete description, purportedly an. losthorizons.com.
Plantation FL, October 23, 2007âTradeStation Group, Inc. (NASDAQ GS: TRAD) today reported for the 2007 third quarter record net revenues of $40.3 million, record net income of $9.7 million, record earnings per share of 22 cents, and record daily average revenue trades (DARTs) of nearly 88,000.
Deferred revenue is a liability account found on the company's balance sheet. The balance represents advance payments received from customers for products that will be shipped or services that will be performed in the future.t the end of September, the balance in the deferred revenue account will be $5,500, the total advance payment for the contract minus the services provided in the first month that are now recognized in revenue.