However, recent research suggests taxable income likely contains less 'managerial bias' error (i.e. error due to managers' biased application of rules) than book income. We decompose book income and taxable income into operating cash flows, book accruals, and tax accruals. We find that tax ...
In Cape’s Schedule M-1 of Form 1120, which reconciles book income and taxable income, what amount should be reported as taxable income?A. $205,000 B. $140,000 C. $150,000 D. $190,000 正确答案:A 分享到: 答案解析: Choice "a" is correct. The M-1 reconciliation of book income...
The article discusses a study that analysis the time series properties of various measures of book income such as financial statement and taxable income in the U.S. The study utilizes confidential tax return data to determine the reasonableness of common assumptions about the pattern of earnings und...
In some situations the IRS allows for the immediate expensing (the entire cost of the asset is deducted from taxable income in the year it is purchased) of assets up to a specific dollar amount. You can learn more about tax depreciation fromwww.IRS.govor from a tax adviser. 是抵减应纳税...
This paper discusses the issues surrounding the proposals to conform financial accounting income and taxable income. The two incomes diverged in the late 1990s, with financial accounting income becoming increasingly greater than taxable income through the year 2000. While the cause of this divergence is...
atake knowlege 正在翻译,请等待... [translate] aTaxable income for a company or business may not be the same as its book income. 应纳税收入为公司或事务可能不是相同象它的书收入。 [translate] 英语翻译 日语翻译 韩语翻译 德语翻译 法语翻译 俄语翻译 阿拉伯语翻译 西班牙语翻译 葡萄牙语翻译 意大利语...
Off-balance-sheet financing, book-tax differences and firm attributes. Prior research has reported a growing gap between book income and taxable income in the 1990s but the causes for this gap are not fully understood. A relat... TR Yu - Oklahoma State University. 被引量: 0发表: 2013年 ...
Different from the international studies, only positive BTD (book income greater than the taxable income) was related to audit fees. The higher level of earnings management and tax evasion, which generate positive BTD, historically present in civil law countries may justify this difference...
An Income Horse Race tax avoidanceaccountingThis paper presents some stylised facts about the book-tax gap, i.e., the difference between book and taxable income, of Italian ... M Bovi - 《Social Science Electronic Publishing》 被引量: 7发表: 2005年 Effective Tax Rates of Corporate Australia...
BOOK-TAX DIFFERENCE, EARNINGS MANAGEMENT AND BOND RATINGS IN THE BRAZILIAN MARKET This article investigates whether the credit rating of bond issues in the Brazilian market is influenced by the differences between book income and taxable income (BTD), based on a sample of all nonfinancial firms th...