Why do you think its important to show the full tax expense, Ask an Expert

Management Studies

a) Can you give a specific ex of revenue that might result in a temporary difference?

b)Why do you think its important to show the full tax expense on the income statement even though the company is paying taxes to the IRS in a different amount? What accounting principle is this based upon?

c) Why might a company overpay their income taxes?

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M927615

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