Accounting Profit and Taxable Profit: Shall Never the Twain Meet?

The profitability of a company is important for both the company and the tax authority as both need to know the economic result of the company. However accounting income and taxable income are computed differently as they serve different purposes. Profitablity is used to guide the company in decidin...

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Bibliographic Details
Main Authors: KHOO, Teng Aun, TAN, Kai Guan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2012
Subjects:
Online Access:https://ink.library.smu.edu.sg/soa_research/848
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Institution: Singapore Management University
Language: English