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